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Tag: crypto

Posted on 16/12/2022

Singapore’s non-oil exports fall 14.6% in November; second straight month of decline

SINGAPORE: Singapore's non-oil domestic exports (NODX) fell by 14.6 per cent year on year in November from a high base a year ago. This marks this the second straight month of decline following the 6.

Posted on 16/12/2022

Asia Crypto Lender Amber Group Latest To Feel Effects Of FTX’s Collapse

Singapore-based Amber Group is the latest firm to get caught in the chilling aftermath of FTX’s spectacular fall, canceling performance-based bonuses for 2022 due to slower growth and market ...

Posted on 15/12/2022

More than 2,500 jobs to be created in Singapore’s food manufacturing sector

This is part of the new Jobs Transformation Map for the sector, which recommends strategies for businesses to boost employees’ competitiveness and capabilities.

Posted on 15/12/2022

Crypto Lender Amber Scraps Bonuses, Cuts Jobs as FTX Collapse Turmoil Continues

Amber Group, one of Asia’s biggest trading and lending platforms for digital currencies, has canceled this year’s staff bonuses as the one-time industry darling grapples with the crypto downturn.

Posted on 15/12/2022

4 men arrested, over 9,000 cartons of duty-unpaid cigarettes seized by Singapore Customs

The total evaded duty amounted to about $928,000, while evaded GST was $71,890. Read more at straitstimes.com.

Posted on 15/12/2022

Beyond 2022: How Singapore’s development will affect the property market (Ang Mo Kio, Hougang, Serangoon, Punggol, Sengkang)

The Eastward connectivity to Changi will bring residents closer to the business parks in the East as well as the Singapore University of Technology and Design (SUTD). Ang Mo Kio has been one of the ...

Posted on 15/12/2022

Covid-weary Chinese millionaires eye Singapore amid ‘chaos and unpredictability’ at home

Covid-weary Chinese millionaires are looking to Singapore as a safe haven to park financial assets, while taking advantage of the city’s relative freedoms, a welcoming environment and pro-business ...

Posted on 14/12/2022

Crypto firm Binance says deposits returning after heavy withdrawals

The head of major crypto exchange Binance said on Wednesday deposits were returning, a day after it saw heavy outflows of cryptocurrencies and halted some stablecoin withdrawals.On Tuesday, blockchain ...

Posted on 14/12/2022

Crypto’s Binance seeks to reassure over reserves, says it is debt free

SINGAPORE – Binance Holdings, the world’s largest crypto exchange, sought to counter concerns about outflows by reiterating its position that user assets are underpinned by reserves while also ...

Posted on 14/12/2022

Listed Singapore firms do well in corporate governance: Scorecard

SINGAPORE - The bigger publicly listed companies in Singapore performed better than they did in 2019 in terms of corporate governance standards and practices, even amid the challenges of the Covid-19 ...

Posted on 14/12/2022

Business travel and meetings to do heavy lifting in Singapore’s tourism recovery

SINGAPORE’S tourism industry, though not yet at pre-pandemic levels, is expected to continue its recovery into the new year. Read more at The Business Times.

Posted on 14/12/2022

Singapore’s tourism sector to see sustained recovery on the back of healthy pipeline of events and offerings

SINGAPORE’S tourism industry, though not yet at pre-pandemic levels, is expected to continue its recovery into the new year. Read more at The Business Times.

Posted on 14/12/2022

Crypto hotspots continue to thrive despite FTX collapse

Industry experts based in crypto-friendly cities report positive growth and innovation following the collapse of FTX.

Posted on 14/12/2022

‘It all fell apart’: How a ‘crypto saviour’ lost $16bn in just one day

Fried testified before Congress about why cryptocurrencies could never go the way of the large investment banks that capitulated in the global financial crisis of 2008.“No one knew how much risk was ...

Posted on 13/12/2022

Crypto group Amber zooms in on institutional, high net worth investors in Singapore

SINGAPORE - Cryptocurrency group Amber, which is downsizing as it raises funds, is primed to move in on the institutional and high net worth investors with the planned acquisition of a ...

Posted on 13/12/2022

FTX founder Sam Bankman-Fried’s arrest: The imperative of regulating crypto currency-related activities calls for targeted regulation

There is a lack of independent prudential regulations and robust consumer protection for crypto assets. This is imperative for India where the uptake of cryptocurrencies is among highest in world ...

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