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Tag: business

Posted on 08/03/2023

Singapore Begins Investigation Into Do Kwon’s Terraform Labs After SEC Charged Company With Defrauding Customers

Do Kwon and Terraform Labs were charged with defrauding investors in crypto schemes Kwon remains a fugitive and frequently changes his hiding spots Ten months after the world witnessed the epic crash ...

Posted on 08/03/2023

Economists Raise Singapore’s 2023 Growth Forecast Slightly, MAS Survey Shows

Singapore's economy is likely to expand slightly faster this year than previously forecast, aided by a brighter outlook ...

Posted on 08/03/2023

Singapore ranks 8th in survey of cities where super rich own a home

HONG KONG - New York is the world’s most popular place for the super rich to own a property while tiny Singapore ranks eighth, according to a new report by data firm Altrata. A total of 21,714 ...

Posted on 08/03/2023

How the crypto titan of Terra became a fugitive

South Korean Do Kwon presided over one of the biggest busts ever seen in the volatile cryptocurrency sector. Read more at straitstimes.com.

Posted on 08/03/2023

Singapore’s Sea Soars 22% After Reporting Surprise First Profit

Sea Ltd. soared after reporting its first-ever profit, a milestone in the Southeast Asian gaming and e-commerce giant’s effort to convince investors of its money-making potential.

Posted on 08/03/2023

He was given a 5% chance of survival, but this retired SAF captain beat cancer and started a baking business

Cancer survivor Fuad Fahmi started home-based bakery Captain Roti, which sells French-style pastries with a local twist.

Posted on 08/03/2023

Singapore’s Sea Rises After Surprise Report of First-Ever Profit

Sea Ltd. jumped after reporting its first-ever profit, a milestone in the Southeast Asian gaming and e-commerce giant’s effort to convince investors of its money-making potential.

Posted on 07/03/2023

Singapore’s Sea posts first profit after e-commerce holds up

Sea has shrunk losses in recent quarters by measures including cutting thousands of jobs and freezing salaries. Read more at straitstimes.com.

Posted on 07/03/2023

How The Jurong Region Line (JRL) Is The Connecting ‘Artery’ To Build Singapore’s Second CBD

Just by looking at the map, the Jurong Region Line (JRL) train lines already looks like veins wrapping into the heart of Jurong. This will be Singapore’s seventh MRT line, serving only the West side ...

Posted on 07/03/2023

China’s Exports Continued to Fall in January-February

China's exports continued to fall in January and February, official data showed Tuesday, as global demand for Chinese goods weakened. For the first ...

Posted on 07/03/2023

Singapore green pacts seek shared path to sustainable future

SINGAPORE: South-East Asia’s largest energy storage system on Jurong Island, built by Singapore’s Sembcorp Industries and launched in February, may well have a link to a little-known industrial area ...

Posted on 07/03/2023

Singapore Police Probing Do Kwon’s Terraform Labs: Bloomberg

Singapore police said they have started to investigate Terraform Labs, the company behind the failed terraUSD (UST) stablecoin, according to a Bloomberg report on Monday. Police said inquiries are ...

Posted on 06/03/2023

Why Australia’s housing woes and Singapore’s booming office sector are not the whole story

The vulnerability of Australia's housing market is typically viewed through the lens of Sydney and Melbourne, which ignores developments in Western Australia Meanwhile, bullish narratives, such as ...

Posted on 06/03/2023

Singapore Police Have Begun Probing Crypto Fugitive Do Kwon’s Terraform Labs

Singapore police said they have begun a probe linked to Terraform Labs Pte, the company co-founded by crypto fugitive Do Kwon.

Posted on 06/03/2023

Indonesia to tighten customs checks after report on illegal import of used shoes in recycling scheme

Industry Ministry says the news agency’s reporting shows the illegal practice is “organised”, and that it “misuses social projects”. Read more at straitstimes.com.

Posted on 06/03/2023

Singapore industrial rental index rose by 6.9% in 2022

This supported industrial real estate prices and rents.  In the fourth quarter 2022, the all-industrial price index increased by 1.7% q-o-q with a full year increment of 7.5% y-o-y, while the rental ...

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