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Tag: business

Posted on 09/12/2022

Temasek-backed crypto group Amber to end Chelsea FC sponsorship, axe over 40% of jobs in FTX fallout

The Singapore-based crypto company, whose backers include Temasek and Sequoia China, will slash its workforce to less than 400 from about 700, the source said, adding that staff numbers earlier peaked ...

Posted on 09/12/2022

Pakistan, S’pore eyeing increase in exports of food and agricultural products

SINGAPORE - Pakistan and Singapore are looking forward to increasing exports in food and agricultural products, the two countries’ foreign ministers said in a meeting on Friday. Read more at ...

Posted on 09/12/2022

Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report

Singapore-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report, citing a source. Amber Group, ...

Posted on 09/12/2022

Singapore’s Tiger Beer wants to keep reinventing beer, even as it turns 90

We are very passionate about making beer interesting and adding variety,” says Mr Andy Hewson, managing director of Asia Pacific Breweries Singapore which produces Tiger Beer.

Posted on 09/12/2022

Singapore’s Beach Road murder: Man who allegedly killed business partner remanded for psychiatric evaluation

A 50-year-old man, who fled to Malaysia after allegedly murdering his 27-year-old business partner, will be remanded for psychiatric observation.

Posted on 09/12/2022

3 incredible launch campaigns in Singapore that drove results

With marketing tools at brands' disposal, the year showcased some incredibly creative, unique and effective launch or relaunch campaigns. MARKETING-INTERACTIVE turned to our results for Marketing ...

Posted on 09/12/2022

Beach Road murder: Man who allegedly killed business partner remanded for psychiatric evaluation

A 50-year-old man, who fled to Malaysia after allegedly murdering his 27-year-old business partner, will be remanded for psychiatric observation.

Posted on 09/12/2022

Temasek-backed crypto shop Amber halts expansion plans in rocky market

Amber Group has raised just half of a planned $100mn funding round and halted expansion plans as the Temasek-backed crypto group fights concerns that it will be pulled into the market turmoil sparked ...

Posted on 08/12/2022

China’s long-awaited reopening will be a double-edged sword for Singapore economy

Chinese consumers on a shopping spree could reignite global inflation, which has only begun to show signs of peaking. Read more at straitstimes.com.

Posted on 08/12/2022

Singapore fuel oil stocks rise for second straight week

Onshore fuel oil stocks added 2% to 20.31 million barrels (3.20 million tonnes) during the week ended Dec. 7, rising to a three-week high, Enterprise Singapore data showed. The build in weekly ...

Posted on 08/12/2022

Hunted by liquidators, ex-bosses of Singapore-based bankrupt crypto firm point fingers at FTX

The liquidators are urging the founders of the SG-based bankrupt crypto hedge fund to practise what it preached to the former CEO of FTX, that he make transparent disclosure on the collapse of his ...

Posted on 08/12/2022

Crypto Firm Amber Cuts Staff, Pauses Fundraising in FTX Fallout

Amber Group has continued to lay off staff and put a funding round on hold amid turmoil in the digital-asset sector.

Posted on 08/12/2022

Clearer ‘two–sided economy’ in Singapore expected in 2023: Maybank

Economic growth will likely decelerate to 1.5% next year. Manufacturing will shrink whilst tourism and consumer-facing sectors will grow “at a healthy pace,” making Singapore posting a “two-sided ...

Posted on 08/12/2022

Glencore asks Russian court to halt Sberbank’s 117m-euro claim, move hearings to Singapore

Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements.

Posted on 07/12/2022

Singapore Looking to Install Smarter Crypto Regulations

The nation's monetary authority has advised that they are adopting a risk-focused approach to digital assets, minimizing the risks regarding digital assets, while still facilitating innovation in the ...

Posted on 07/12/2022

Finexpo’s Blockchain Fest Singapore 2023 to kick off on Feb. 16 and 17

Finexpo is proud to bring Blockchain Fest 2023 to Marina Bay Sands Convention Center, Singapore, one of the biggest venues in the city-state ...

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