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Tag: business

Posted on 19/09/2022

Shopee axes more Singapore staff, says it will give ‘appropriate compensation’

SINGAPORE - Employees affected by e-commerce platform Shopee's latest round of job cuts will be given "appropriate compensation packages" in line with market norms, the firm said in a joint statement ... ( read original story ...)

Posted on 19/09/2022

Amid geopolitical tensions, Singapore firms take no sides

Survey finds many local businesses are dependent on both the US and Chinese economies doing well. Read more at straitstimes.com. ( read original story ...)

Posted on 19/09/2022

The Big Read: Fans, businesses primed and eager for F1’s post-pandemic comeback – what’s at stake for Singapore?

SINGAPORE: After being prevented from travelling to Singapore for two years due to pandemic-forced border closures, Malaysian Chin Yi Yun decided to celebrate her recent freedom to travel with a big ... ( read original story ...)

Posted on 18/09/2022

Do Kwon, no longer in Singapore, says he’s not ‘on the run’

Kwon, along with five others, is facing arrest in South Korea. As recently as Sept. 14, the prosecutor’s office in Seoul said he and the others, who are accused of violations of capital markets law, ... ( read original story ...)

Posted on 18/09/2022

Credit Suisse Trust in Singapore trial admits it failed to flag rogue transfers

A Credit Suisse Group trust admitted it failed to let its billionaire client know about unauthorised transfers from his accounts, in an unexpected move that may shape the outcome of a Singapore trial ... ( read original story ...)

Posted on 17/09/2022

Hotel prices surge, restaurants packed as CEOs head to Singapore for major summits

Deal makers, fund managers and CEOs are flocking to Singapore for a slew of high-profile conferences this month, as the city state burnishes its credentials as a major global financial centre.While ... ( read original story ...)

Posted on 17/09/2022

Singapore F1: Hotels in Marina Bay say rooms are sold out or left with suites for Oct 2 weekend

With just two weeks left until the first Formula One (F1) race in Singapore since 2019, fans who are looking to book a hotel stay around the Marina ... ( read original story ...)

Posted on 17/09/2022

Starting an International Business? Consider These 3 Countries

Singapore is a great place to start a business because it's small and incredibly favorable to industry. The country has fewer than 6 million people. This means you won't get lost in the crowd or be ... ( read original story ...)

Posted on 16/09/2022

Singapore Exports Increase In August

Singapore's non-oil domestic exports increased at a faster pace in August amid a growth in shipments of non-electronic goods, data ... ( read original story ...)

Posted on 16/09/2022

Sea’s Forrest Li says he will not get paid till business is ‘self-sufficient’

The Chairman and Group CEO of Sea Ltd, Forrest Li, said the company's leadership has decided that they "will not take any cash compensation until the company reaches self-sufficiency". The ... ( read original story ...)

Posted on 16/09/2022

Singapore rooms surge past US$2,000 a night as bankers hit F1

SINGAPORE: Dealmakers tired of years of Covid-19 restrictions are converging on Singapore for the year’s biggest investment conferences and Formula One (F1) – a massive party-in-the-making that’s ... ( read original story ...)

Posted on 16/09/2022

Singapore aims to create up to 20,000 finance jobs in five years

SINGAPORE: Singapore aims to add as many as 20,000 finance jobs over five years as the government seeks to bolster areas including wealth management and sustainable financing. ( read original story ...)

Posted on 16/09/2022

Singapore’s financial authority grants license to SBI’s digital asset arm

Singapore's MAS awarded SBI Digital Markets a Capital Markets Services license following the company receiving in-principle approval in May. ( read original story ...)

Posted on 16/09/2022

CVC selling Asian funeral business Nirvana, seeks as much as $2 billion -sources

Private equity firm CVC Capital Partners is selling Malaysian funeral services provider Nirvana Asia Ltd in a deal that could fetch up to $2 billion, three people with knowledge of the matter told ... ( read original story ...)

Posted on 15/09/2022

Strong pricing power is king amid inflation; Singapore, Indonesia emerge regional winners: RHB

COMPANIES with strong pricing power will have much to gain from the inflationary environment as these players tend to have more stable profit margins when dealing with cost pressures. Read more at The ... ( read original story ...)

Posted on 15/09/2022

GCash rallies behind PH digitalization push in PH-Singapore economic briefing

GCash, the Philippines’ biggest mobile wallet, made a stronger push for continued digitalization in the country, as it joined the Philippine business delegation who accompanied  President ... ( read original story ...)

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