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 ...
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 ...
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 ...
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 ...
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.
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 ...
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 ...
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.
MAS clarifies FTX does not operate in Singapore, amid reports of Singaporeans losing investments in crypto firm
Bankrupt cryptocurrency exchange FTX does not operate in Singapore, the Monetary Authority of Singapore (MAS) said on Monday (Nov 14) The firm is neither licensed nor exempted from licensing here, the ...
Germany, Singapore seal partnership deals
Having first stopped off in Vietnam, Scholz was then welcomed for his first visit to Singapore since becoming chancellor last year by Prime Minister Lee Hsien Loong. The two leaders held a joint media ...