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 ...
Sports-Teams may look beyond crypto after FTX collapse, say industry experts
Sports teams and businesses may shy away from long-term deals with crypto firms to minimise their risks after troubled crypto exchange FTX filed for U.S. bankruptcy protection last week, industry ...
Factbox: From Binance to Voyager, crypto firms’ exposure to FTX is coming to light
After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout.
The downfall of FTX’s Sam Bankman-Fried sends shockwaves through the crypto world
Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.
German Chancellor recounts Hamburg’s 182-year-old historical link to Singapore
He noted that both Singapore and Germany are export-oriented economies which have long thrived on the principles of free trade and a rules-based international order. He said: “While the US-China ...
MAS Clarifies Singaporean FTX Users Not Protected, Reiterates Crypto Risk
The Monetary Authority of Singapore (MAS), the central bank of the city-state, said funds of Singapore-based investors in the collapsed FTX are not held in its local subsidiary Quoine because the two ...
Crypto.com says balance sheet strong, exchange not in trouble
Singapore-based crypto exchange Crypto.com's chief executive said the firm will prove all naysayers wrong on the platform being in trouble, and that it has a robust balance sheet and took no risks.