Singapore’s enthusiasm, driven by the local diet and its own reliance on food imports, is matched by that of dozens of startups around the world, all of which are exploring ways to grow cell-based ...
Surprise decline in Singapore exports in October due to slowing global economy: Economist
Antonio Fatas, Professor of Economics at INSEAD, outlines the reasons behind the worse-than-expected 5.6% on-year decline in Singapore's October exports. Mr Fatas expects US economic growth to slow ...
Singapore’s Temasek writes down its $275 million investment in collapsed FTX, calling its belief in founder Sam Bankman-Fried ‘misplaced’
Temasek said the write-down of its FTX investment will occur irrespective of the outcome of the crypto company's bankruptcy filing.
Singapore takes strong stance against crypto speculation and trading, says Lawrence Wong
Even before FTX's implosion happened, Singapore had been looking at tightening rules on crypto trading and retail investors’ access to crypto, says the Deputy Prime Minister.
What does FTX’s crash mean for Singapore’s Temasek Holdings?
The fall of crypto exchange FTX last week should be seen as an isolated incident, not as a systemic failure of the industry, and should not ...
Temasek becomes latest backer to write down $275 mn funding in crypto exchange FTX
"In view of FTX's financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX's bankruptcy protection filing," Temasek said in a detailed statement ...
Singapore non-oil exports shrink for first time in nearly 2 years with 5.6% drop in October
The drop was worse than the 1.7 per cent contraction forecast by analysts in a Bloomberg poll. Read more at straitstimes.com.
Singapore new-home sales plunge to two-year low as cooling measures kick in while analysts expect prices to soften
The lull in the market is likely to provide an impetus for foreign investors to buy homes in Southeast Asia's main financial and business hub, according to Wong Siew Ying, head of research and content ...
Global headwinds impede export to 7 trading partners
However, exports to the Netherlands, Singapore, and Brazil saw growth from the year earlier.India’s total mercantile exports fell 16.65% from the year-ago to $29.78 billion in October ...
Singapore-Based Crypto Exchange Bitget Opens Operations in Brazil
The company has integrated with the government’s payment system Pix and has started to allow crypto purchases with Brazilian reals.
Grab lifts revenue forecast, delivery business breaks even
Grab Holdings Ltd bumped up its 2022 revenue forecast on Wednesday as demand booms for the Southeast Asian super-app's rideshare and delivery services, sending its U.S.-listed shares up 7%.
Singapore as a Base for French Investment and Expansion in ASEAN
Singapore and France have enjoyed a long history of bilateral relations, with France being one of thirteen countries to recognize Singapore’s independence in 1965. Since then, bilateral trade has ...
FTX Latest: Fears of Contagion Darken the Crypto Sector Outlook
The crypto industry braced for more contagion from the fall of Sam Bankman-Fried’s FTX empire. The US and The Bahamas are talking about bringing him to America for questioning, people familiar with ...
Singapore, Germany forge stronger ties to bolster supply chains
Germany and Singapore bolstered their partnership for supply chain diversification, stressing pipeline expansion instead of decoupling with China. The move comes as the European Union member nation, ...
G-20: Singapore PM calls for open supply chains and for countries to accelerate net-zero ambitions
The rules-based multilateral trading system needs to be strengthened so that all countries can continue to enjoy unimpeded access to energy, food and agricultural commodities, especially during crises ...
Singapore’s Sea seeks to break even in e-commerce by 2023
SINGAPORE: Singapore-based tech group Sea expects to break even in its e-commerce business by the end of 2023 as the loss-making company conducts a series of layoffs and reviews spending, borrowing ...