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Tag: business

Posted on 25/11/2022

Over 78% of Singapore employees will consider changing jobs if pay rise is lower than inflation rate: Survey

SINGAPORE - More than 78 per cent of employees in Singapore will consider changing jobs in 2023 if their pay increment is lower than the inflation rate, according to a survey by recruitment firm ...

Posted on 25/11/2022

Singapore police say they are investigating crypto lender Hodlnaut on fraud allegations

Singapore’s white-collar crime unit is investigating Hodlnaut on allegations of fraud, according to a statement on the website of the Singapore police dated Nov. 23.

Posted on 25/11/2022

Asia crude shipments for November hit all-time high led by imports from China

SINGAPORE - November crude imports into Asia are expected to be at an all time high supported primarily by demand from the region’s biggest consumers China and South Korea.  Read more at straitstimes.

Posted on 25/11/2022

Singapore Maintains Hard-Line Take on Goodwill in Million-Dollar Wonton Noodle Feud

In Singapore, popular eatery “ENG’S Wonton Noodles” is known for its springy noodles, luscious wonton dumplings and fiery chilli sauce. Its popularity attracted more than S$1.6 mil ...

Posted on 25/11/2022

Singapore Industrial Production Drops In October

(RTTNews) - Singapore's industrial production declined in October, albeit at a slightly slower than expected pace, data from the Economic Development Board revealed on Friday. Industrial production ...

Posted on 25/11/2022

Tycoon Gordon Tang To Take Chip Eng Seng Private In Deal Valuing Singapore Developer At $412 Million

Tycoon Gordon Tang and his wife Celine are proposing to take Chip Eng Seng private in a deal that values the Singapore-listed property and construction company at $565 million ($412 million).

Posted on 25/11/2022

Singapore crypto lender aims $1.5-billion value, thanks to Wall Street formula: Report

One of Asia’s biggest crypto lenders is targeting $100 million in funding at a higher valuation, even as the fall of FTX reverberates across the digital asset market.

Posted on 24/11/2022

Singapore Starts Fraud Investigation In to Crypto Exchange Hodlnaut

The police is looking into allegations of cheating and fraud by the company and its directors, according to the statement. The investigation report is the latest blow for the troubled Singapore-based ...

Posted on 24/11/2022

Singapore probes ailing crypto lender Hodlnaut for possible fraud

Hodlnaut was said to have suffered a near-US$190 million ($262.3 million) loss from the collapsed Terra digital-token ecosystem.

Posted on 24/11/2022

Crypto lender Hodlnaut reportedly faces police investigation in Singapore

Singapore police noted that the majority of complaints revolve around false representations and misinformation regarding the company’s exposure to a certain digital token.

Posted on 24/11/2022

FTX debacle poses challenges for Asia’s crypto capital

Specialized crypto bourses like FTX, one of the world’s largest exchanges of digital assets until recently, burst forth through this conceptual hole. They helped create spectacular wealth, as ...

Posted on 24/11/2022

Singapore Police Probe Hodlnaut for ‘Possible Cheating and Fraud’

Singapore's police received multiple reports between August and November that Holdnaut downplayed exposure to a "certain digital token." ...

Posted on 24/11/2022

Singapore Starts Fraud Investigation In to Crypto Exchange Hodlnaut: Reports

Singapore police have started an investigation into troubled crypto exchange Holdnaut, according to multiple reports. The white collar division of the police force is looking into allegations of ...

Posted on 24/11/2022

Police investigating Singapore-based crypto lender Hodlnaut for suspected cheating, fraud offences

SINGAPORE: The police are investigating Singapore-based crypto lender Hodlnaut and its directors for suspected cheating and fraud offences. Between August and November this year, the police received m ...

Posted on 24/11/2022

Singapore warns of slower economic growth in 2023

Singapore warned on Wednesday that economic growth could slow to a trickle next year owing to weakness in key export markets including the United ...

Posted on 24/11/2022

Singapore’s 2023 growth forecast at 0.5-2.5%; 2022 forecast narrowed to ‘around 3.5%’

SINGAPORE’S economy is forecast to grow at between 0.5 per cent and 2.5 per cent in 2023, while the official full-year growth forecast for 2022 has been narrowed to “around 3.5 per cent”, according to ...

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