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Tag: business

Posted on 12/07/2023

Ringgit hits record low against Singapore dollar, dropped to a seven-year low against the British pound

The ringgit hit a historic low versus the Singapore dollar on Wednesday (12 Jul), falling to 3.4783. It surpassed the previous record of 3.4717 on 22 June. Meanwhile, the ringgit gained against the US ...

Posted on 12/07/2023

Cambodia, Singapore roll out SME-support fintech plan

Cambodia and Singapore have launched a Financial Transparency Corridor (FTC) initiative intended to provide the necessary digital infrastructure for cross-border financial services and trade between ...

Posted on 12/07/2023

Singapore’s Temasek is ‘not comfortable’ investing in crypto firms: here’s why

Temasek CEO Rohit Sipahimalani is reluctant in investing in crypto firms due to regulatory uncertainty. Find out more.

Posted on 12/07/2023

After $275M FTX Loss, Temasek to Avoid Crypto Citing Regulatory Uncertainty

Temasek Holdings, a sovereign investment fund of Singapore, said it has no plans to invest in the crypto market, citing the ongoing regulatory headwinds in the sector. In particular, Temasek’s chief ...

Posted on 11/07/2023

Asian Development Bank, Singapore’s Energy Market Authority partner to promote clean energy

The Asian Development Bank (ADB) and the Energy Market Authority (EMA) of Singapore have signed a memorandum of understanding (MoU) that paves the way ...

Posted on 11/07/2023

Singapore stocks advance with focus on key US inflation data; STI up 0.5%

SINGAPORE - Local shares finished higher for the second straight day on Tuesday, buoyed by China’s efforts to prop up its ailing property sector, and ahead of key US inflation data. Read more at ...

Posted on 11/07/2023

Singapore’s Razer Investigates Data Breach After $100k Database Offered for Sale in Crypto

Singapore gaming firm Razer is investigating a possible data breach after a hacker offered stolen data from the firm for $100,000 in crypto.

Posted on 11/07/2023

Strong Singapore dollar sees central bank incur record S$30.8 billion net loss

Singapore’s central bank incurred a record net loss of S$30.8 billion (US$22.8 billion) in its last financial year because of the strength of the local dollar. The loss arose from a combination of ...

Posted on 11/07/2023

Expanding Your Business Internationally: Why Singapore Should Be Your Next Destination

Expanding your business internationally can be a transformative decision, opening up new markets and growth opportunities. When considering your next ...

Posted on 10/07/2023

Singapore’s Razer Investigates Data Breach After $100k Data Offered for Sale in Crypto

Singapore gaming firm Razer is investigating a possible data breach after a hacker offered stolen data from the firm for $100,000 in crypto.

Posted on 10/07/2023

Global crypto industry is worth US$180 bln: report

The global cryptocurrency industry is valued at US$180 billion, with over 10,000 companies employing a total of 190,000 employees, according to a July 5 report from crypto intelligence firm K33 ...

Posted on 10/07/2023

Gaming firm Razer probing ‘potential hack’ after data offered for US$100,000 worth of crypto

SINGAPORE: Gaming hardware company Razer said on Monday (Jul 10) that it is investigating a potential hack that affected its digital wallet Razer Gold, which customers use to purchase games and ...

Posted on 10/07/2023

ComfortDelgro to distribute Chinese electric vans in Singapore by end-2023

It is targeting to sell about 100 electric vans by end-2024 through appointed dealerships before raising the target over time. Read more at straitstimes.com.

Posted on 10/07/2023

ComfortDelgro unit to distribute Chinese electric vans in Singapore by end-2023

THE race to get companies to switch to electric vans is heating up, with ComfortDelGro Engineering importing a new Chinese brand for sale or lease by the fourth quarter of 2023. Read more at The ...

Posted on 10/07/2023

Gaming firm Razer hit by potential breach, hacker offering stolen data for RM466,750 in crypto

Gaming hardware company Razer has allegedly suffered a data breach, after a seller on a hackers’ forum offered stolen data for US$100,000 (RM466,750 or S$134,898) in cryptocurrency on July 8.

Posted on 10/07/2023

Singapore rolls out initiatives to capture new digital jobs in supply chain management

There will be 700 new digital jobs for PMETs in supply chain management from now till 2025, a study forecast. Read more at straitstimes.com.

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