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Tag: business

Posted on 17/11/2022

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 ...

Posted on 17/11/2022

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 ...

Posted on 17/11/2022

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.

Posted on 17/11/2022

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%.

Posted on 16/11/2022

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 ...

Posted on 16/11/2022

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 ...

Posted on 16/11/2022

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, ...

Posted on 16/11/2022

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 ...

Posted on 16/11/2022

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 ...

Posted on 16/11/2022

ArcelorMittal faces hurdle from Singapore-based firm while bidding for SREI Infra Finance

Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder ...

Posted on 16/11/2022

Singapore’s shift to preventive care to address healthcare costs: report

The country plans to roll out a healthcare platform to make healthcare accessible. Singapore’s plans to roll out a new healthcare reform “Healthier SG,” seeking to shift the country’s healthcare ...

Posted on 16/11/2022

5 Singapore Blue-Chip Stocks With Growing Profits: Can Their Share Prices Soar?

The IR comprises six luxury hotels, a world-class convention centre, a theme park (Universal Studios Singapore), a casino, and the S.E.A Aquarium and Adventure Cove waterpark. Genting released its ...

Posted on 16/11/2022

Tech talent still in demand in Singapore despite mass layoffs, say analysts

But tech professionals should expect smaller pay raises and hybrid roles in the new job market, analysts tell CNA.

Posted on 16/11/2022

The FTX debacle should spur regulation of crypto trading

Specialized crypto bourses like FTX burst forth through this conceptual hole. They helped create spectacular wealth, as evidenced by Bankman-Fried’s now-eviscerated $26 billion fortune. But although ...

Posted on 15/11/2022

Xi’s crackdowns forcing Chinese tycoons to shift to Singapore: Report

Chinese President Xi Jinping’s drive for “common prosperity” means entrepreneurs -- who once embraced Deng Xiaoping’s maxim that to get rich is glorious -- are flocking to more welcoming places like ...

Posted on 15/11/2022

Singapore’s Sea slashed 7,000 jobs in six months to curb losses

Sea Ltd has cut about 7,000 jobs, or roughly 10% of its workforce, in the past six months as it fights to stem ballooning losses and win back investors, according to a person familiar with the matter.

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