Crypto hedge fund Three Arrows Capital, also called 3AC, filed for bankruptcy protection as the drop in digital asset prices, spurred in part by the abrupt downfall of the Terra blockchain (LUNC-USD) ...
Business boom for money changers as travel demand takes off | Video
The tills are ringing for money changers in Singapore thanks to a bigger appetite for travel after the reopening of borders. Some money changers are enjoying up to 80 per cent more sales this festive ...
5 business highs and lows that drove the S’pore economy in 2022
Insight looks at five key highlights of the year and how there may be a silver lining to these challenges. Read more at straitstimes.com.
Singapore core inflation unchanged in November at 5.1%; analysts see price rises stabilising
Inflation may be stabilising after peaking in the later part of the third quarter, said analysts. Read more at straitstimes.com.
More Japanese companies to expand in S’pore, rising wages the top business concern: Survey
SINGAPORE - More than 90 per cent of Japanese companies in Singapore will maintain their present operations or have plans to expand their operations in Singapore. Read more at straitstimes.com.
Singapore factory output falls 3.2% in November, worse than expected, as electronics slump
The figure was worse than the 1.1 per cent drop economists had forecast in a Bloomberg poll. Read more at straitstimes.com.
Singapore’s core inflation holds steady at 5.1% in November; set to stay elevated for next few quarters
SINGAPORE: Singapore's core inflation held steady at 5.1 per cent year-on-year in November, the same rate as the previous month. This was because smaller increases in the costs of services, and ...
No in-flight entertainment or lounge access? Singapore traveller regrets flying business class on Australia trip
Getting on a flight, be it for work or leisure, is a privilege in itself.But flying business class is an experience many can only dream of. So one would think that an upgrade from economy class ...
China’s Chip Equipment Imports Plunge in November as U.S. Export Controls Bite
The drop followed new restrictions imposed in October by Washington on the export of advanced semiconductors and chip-manufacturing equipment to China.
Hotel restaurants see brisk business as crowds flock back for Christmas
SINGAPORE: Crowds have returned to hotel restaurants this Christmas after two years of COVID-19 restrictions, and establishments are looking to stay sustainable even as business improves. Mr Ryan ...
Crypto villains of 2022: Do Kwon and Su Zhu go from kingpins to outcasts
If there was a year for the cryptocurrency markets to prove Newton’s law of universal gravitation right, 2022 was the one. Cracks ...
Crypto winter is here. In Asia, miners and traders are shutting up shop
From Jakarta to Kazakhstan, the picture is bleak. “We will sell our graphics-processing units to gamers,” says one crypto miner.
Singapore stocks end lower amid inflation, rate hike jitters
SINGAPORE - Singapore shares fell marginally on Tuesday (Dec 20) as concerns over higher inflation levels and potential interest rate hikes plagued markets once again, and took a toll on investor ...
Will talent shortage hold back Singapore’s biotech hub ambition?
The key roles facing the shortage include research and development, production, regulatory affairs and business management, according to a report released by SGInnovate.
UP delegation nets Rs 20,000 cr investments from Singapore for education, logistics services
One non-financial MoU was signed with the Singapore Indian Chamber of Commerce and Industry (SICCI) for exploring business opportunities and collaboration in Uttar Pradesh.
A look at the shady business of road touting, and the cost to victims
The programme Talking Point discovers the players involved in inflating claims, from touts who can earn S$20,000 in a month to workshop operators who overcharge for repairs, to surveyors who endorse ...