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Tag: business

Posted on 25/03/2023

Only 1 in 10 companies in Singapore are prepared to address cybersecurity risks

In Singapore, 7% of companies fall under "Beginner," and 42% ... not least because 85% of respondents said they expect a cybersecurity incident to disrupt their business in the next 12 to 24 months," ...

Posted on 24/03/2023

A South Korean crypto boss was finally arrested after a six-month manhunt

The co-founder of Singapore-based crypto fintech firm Terraform Labs was detained in Montenegro yesterday (Mar. 23). Do Kwon was wanted by the South Korean police, the US Securities and Exchange ...

Posted on 24/03/2023

Crypto firm Animoca Brands cuts target for new fund again -sources

Animoca Brands was valued at about $6 billion last July after a financing round led by Singapore-based Temasek but it has seen ... declining valuation reflect a change in sentiment on the crypto ...

Posted on 24/03/2023

Singapore the second-most expensive business destination in Asia: Report

Singapore’s early removal of travel restrictions compared to other locations in Asia sparked a rise in demand for travel to the city, contributing to its rise to become the second most expensive ...

Posted on 24/03/2023

Interpol confirms arrest of crypto fugitive Do Kwon in Montenegro

Kwon was based in Singapore while running the blockchain platform Terraform Labs. Seoul prosecutors told CNN in December that the crypto entrepreneur was believed to be in Serbia, where he was in ...

Posted on 24/03/2023

Former Crypto Star Arrested After Months on the Run

This crisis mainly revealed the links and exposure of crypto firms to each other ... co-founder and CEO of Singapore-based Terraform Labs." Adzic's Twitter account is unauthenticated but is followed ...

Posted on 24/03/2023

Crypto Promoter Justin Sun Draws the Spotlight, This Time From Regulators

SINGAPORE—Crypto entrepreneur Justin Sun, who grabbed headlines for once paying millions to have lunch with Warren Buffett, is getting attention again—only this time for allegedly breaking U.S.

Posted on 23/03/2023

Singapore Inflation Eases To 6.1%, Lowest In 9 Months

Singapore's consumer price inflation moderated in February to the lowest level in nine months amid a slowdown in private transport ...

Posted on 23/03/2023

Lindsay Lohan, Jake Paul, more celebs to pay $400,000 to settle crypto case

and BitTorrent (BTT), both crypto asset securities that were offered for sale by three companies owned by Justin Sun, a Chinese national. Sun is the permanent representative of Grenada to the World ...

Posted on 23/03/2023

3 Billion-Dollar Singapore Stocks Offering Dividend Yields of 5% or Higher

Hong Leong Finance, or HLF, is Singapore’s largest finance company with a network of 28 branches and 12 SME (small and medium enterprises) centres island-wide. HLF’s core business involves accepting ...

Posted on 23/03/2023

First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision

ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa.

Posted on 23/03/2023

Singapore core inflation stays unchanged at 14-year high

The MAS and MTI expect Asia’s growth resilience to contribute to regional inflation, with Singapore’s non-oil import prices seen remaining relatively firm for some time. They reiterated their forecast ...

Posted on 23/03/2023

Lindsay Lohan, Lil Yachty, other stars to pay more than $400,000 in SEC crypto settlement

and BitTorrent (BTT), both crypto asset securities that were offered for sale by three companies owned by Justin Sun, a Chinese national. Sun is the permanent representative of Grenada to the World ...

Posted on 23/03/2023

Nearly Half of Singapore Businesses Call for Improved Fintech Solutions to Offset Current Economic Headwinds, Shows Rapyd Report

41% of global organizations believe that international business expansion is imperative to ease their current trading concerns. In Singapore, 48% believe better fintech solutions and faster ...

Posted on 22/03/2023

Singapore stocks extend gains on Wednesday, with STI up 1.5%

All 30 STI constituents registered gains; Mapletree Pan Asia Commercial Trust is the biggest winner among the blue chips. Read more at straitstimes.com.

Posted on 22/03/2023

Crypto Firms Turn To Swiss Banks After Silvergate Capital, Signature Bank Collapse

noting that the bank's location in Switzerland and Singapore is attractive to companies. Castley further revealed that interests are "mainly coming from investors, asset managers and blockchain ...

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