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Tag: business

Posted on 26/02/2023

Got FOMO? Unregulated crypto firms have you just where they want you

Crypto companies are getting away with the kind of advertising and marketing that more traditional forms of financial products can't. The practise is largely unregulated, meaning firms who have ...

Posted on 25/02/2023

Two major crypto exchanges failed to block sanctioned Russians

Two of the world’s largest crypto exchanges failed to take steps to prevent sanctioned Russian banks from using their platforms, according to a report from the blockchain analytics firm Inca Digital ...

Posted on 25/02/2023

Change lies ahead for haphazard crypto regulation

Regulators have been slow to act on cryptocurrency, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead.

Posted on 25/02/2023

BDE Ventures Owner Brian D. Evans’ Is Appearing as Token2049 Singapore Keynote Speaker in September 2023

Token2049 Singapore has connected with Angel Investor Brian D. Evans and appointed him as a keynote speaker in the 2023 Web3 conference.Brian D. EvansToken2049 Singapore is a Web3 event organized ...

Posted on 24/02/2023

Singapore banks see fall in wealth management fees as rich clients turn cautious

Asian millionaires’ reduced risk appetite is hitting Singapore banks at a time when they are welcoming more funds than ever from the wealthy. Lenders in Singapore, which is seen as a safe haven, are ...

Posted on 24/02/2023

DBS Bank says it wasn’t positive on Singapore-based Grab, but it’s ‘more comfortable’ now

Sachin Mittal of the Singapore bank says the nature of Grab's business is a "low-margin" one. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...

Posted on 24/02/2023

Crypto retrenchment persists with over 2,000 jobs lost in 2023

Here are some of the crypto job cuts announced or reported in just the first two months of 2023 Read more at straitstimes.com.

Posted on 24/02/2023

Singapore ride-hailing firm Grab beats on revenue, pulls forward profitability timeline

Grab expects 2023 revenue to come in between $2.20 billion and $2.30 billion. Singapore-based ride-hailing and food delivery giant Grab on Thursday posted strong revenue growth and narrowed losses in ...

Posted on 24/02/2023

UPDATE 3-Singapore’s Grab sees 2023 revenue growth, brings forward profitability target

Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will ...

Posted on 23/02/2023

Food importer, partner of another firm fined S$8.5k for illegally importing 600kg of vegetables from Malaysia

A food import firm and a partner of another food importer were fined a total of S$8,500 on Thursday (Feb 23) for illegally importing fresh and processed vegetables for sale.

Posted on 23/02/2023

Commentary: Singapore residents must save for retirement today to continue enjoying low income taxes

SINGAPORE: The message from the Budget 2023 speech could not have been clearer. It cannot be business as usual for Singapore. Over the last couple of decades, the country has benefited from global ...

Posted on 23/02/2023

Dyson Taps Top Singapore Banker to Advise $16 Billion Empire

James Dyson named one of Singapore’s top bankers as a director for his business empire’s holding company, adding to the roster of high-profile individuals from the city-state involved in overseeing ...

Posted on 23/02/2023

Singapore CPI inflation grows in January, expected to remain high

Investing.com -- Singapore consumer inflation grew in January, data showed on Thursday, and is forecast to remain elevated in the coming months amid high import costs, a tight labor market, and strong ...

Posted on 23/02/2023

Commentary: To avoid higher taxes in the future, Singapore workers need to save for retirement today

For direct taxes to remain low, Singapore workers need to do more with their money to prepare for their future retirement, says David Kuo of The Smart Investor.

Posted on 23/02/2023

Crypto Is Not A Viable Alternative To Fiat Currency, Economist Agustín Carstens Says

The argument that cryptocurrencies are a viable alternative to fiat currency has been settled in the wake of the digital-asset sector's recent turmoil, with technology not being an alternative for ...

Posted on 22/02/2023

Dubai’s appeal to crypto players may top that of Singapore, amid US clampdown

Dubai could prevail over Singapore as the preferred location for some cryptocurrency players following moves by regulators in the United States to clamp down on the sector. Read more at ...

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