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Tag: business

Posted on 02/02/2023

Chainalysis to cut jobs in latest crypto layoffs

Chainalysis, a company that specialises in tracking crypto transactions and the entities behind them, said it has made layoffs affecting less than 5 per cent of staff. The company, whose backers ...

Posted on 02/02/2023

New career conversion programme to re-skill 280 PMETs for Singapore’s furniture industry

A NEW scheme aims to re-skill up to 280 mid-career professionals, managers, executives and technicians (PMETs) for jobs in Singapore’s furniture industry, with salary support provided to employers.

Posted on 02/02/2023

Bitcoin jumps to highest since August in post-Fed crypto rally

BITCOIN hit the highest since August as investors interpreted Federal Reserve chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead ...

Posted on 02/02/2023

Crypto Red Packets: A New Spin On A Thousand Year-Old Lunar New Year Custom

A new generation is celebrating Lunar New Year with crypto red packets Elastos is holding a competition and giving away Lunar New Year r ...

Posted on 02/02/2023

$28k in fines for two food importers over illegal import and sale of seafood and vegetables

One firm sold oysters from Canada before SFA was able to inspect, examine and certify the items. Read more at straitstimes.com.

Posted on 01/02/2023

ABB’s electric-vehicle charging business gets new investors including Singapore’s GIC

ABB’s electric-vehicle charging business has raised additional funds from minority investors including Porsche and General Atlantic in a second and final round before listing the division. Read more ...

Posted on 01/02/2023

Retail pop-up in New York to break into US market among efforts by Enterprise Singapore

A group of homegrown lifestyle brands are well on the way to cracking the tough United States market after a four-month retail pop-up staged in New York last year by Enterprise Singapore (EnterpriseSG ...

Posted on 01/02/2023

Firms to add S$17.8bn of value, 23,800 skilled jobs with Enterprise Singapore in 2022

SINGAPORE - Some 18,100 Singapore-owned enterprises worked with Enterprise Singapore (EnterpriseSG) to deepen their capabilities in productivity, innovation, and internationalisation in 2022. Read ...

Posted on 01/02/2023

Services sector’s business outlook dims for Q123

Sixteen (16%) per cent of firms foresee deteriorating business conditions. Firms in the services industry have become less positive about their business conditions in the first quarter of the year.

Posted on 01/02/2023

Crypto lender Celsius propped up token while two founders cashed out millions: US bankruptcy report

Celsius Network used investor money and customer deposits to prop up its own token, the report said. Read more at straitstimes.com.

Posted on 01/02/2023

Super-rich Chinese set their sights on Singapore

Singapore has seen a fresh influx of wealth since 2021 after it became one of the first Asian cities to significantly ease pandemic restrictions and as many Chinese became disillusioned with their ...

Posted on 01/02/2023

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner

SINGAPORE/LONDON (Reuters) -Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out ...

Posted on 01/02/2023

Leading Crypto Exchange BingX Wins TradingView Best Broker Award for the Second Year Running

BingX, one of the leading crypto exchanges, has been named Best Crypto Broker/Exchange for the second consecutive year in TradingView's Broker Awards for 2022. This award is decided based on feedback ...

Posted on 31/01/2023

Crypto lender Celsius propped up its token, benefiting insiders – US bankruptcy examiner

Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out millions, a U.S.

Posted on 31/01/2023

Singapore to buy electricity from Malaysia for first time from second half of 2023

The 100MW imported will be enough to power about 144,000 four-room HDB flats for a year. Read more at straitstimes.com.

Posted on 31/01/2023

Malaysia bags RM13 billion in foreign direct investment from three investors after Singapore mission

KUALA LUMPUR] Malaysia’s Ministry of International Trade and Industry has bagged an additional RM13 billion (S$4 billion) in foreign direct investment from three investors at the end of its mission in ...

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