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Tag: crypto

Posted on 20/11/2022

Never mind competing with Singapore, Hong Kong needs to engage international stakeholders to get back on world stage

City's way forward is not only to compete with Singapore, but to more proactively engage overseas stakeholders at all levels and sectors Mission of returning to global stage has not quite been ...

Posted on 20/11/2022

Who is Jerald Low, Singapore’s own ‘Tinder swindler’?

SINGAPORE: Jerald Low is a scammer. But unlike typical fraudsters, he does not care if you know his real name or face. In fact, that is the point of his modus operandi. “He’s somebody who’s sitting in ...

Posted on 20/11/2022

Rasel Catering business operations suspended after almost 300 cases of food poisoning

SINGAPORE: Authorities have suspended the food business operations of caterer Rasel Catering following 284 reported cases of gastroenteritis by people who ate food prepared by the caterer. The Ministr ...

Posted on 19/11/2022

Singapore is open to innovation in digital assets, but not crypto speculation: DPM Wong

Singapore is on the right track in taking a strong stance against such speculation, especially trading by retail investors, he said. Read more at straitstimes.com.

Posted on 19/11/2022

IN FOCUS: Why does Singapore build flats ‘to order’? A look at the BTO system’s past, present and future

Amid questions about certain aspects of the BTO system, CNA looks at its origins, how it operates and aims to meet the needs of prospective buyers.

Posted on 18/11/2022

Singapore wants to sell the world on cell-cultured seafood

Singapore’s enthusiasm, driven by the local diet and its own reliance on food imports, is matched by that of dozens of startups around the world, all of which are exploring ways to grow cell-based ...

Posted on 18/11/2022

Surprise decline in Singapore exports in October due to slowing global economy: Economist

Antonio Fatas, Professor of Economics at INSEAD, outlines the reasons behind the worse-than-expected 5.6% on-year decline in Singapore's October exports. Mr Fatas expects US economic growth to slow ...

Posted on 18/11/2022

Singapore’s Temasek writes down its $275 million investment in collapsed FTX, calling its belief in founder Sam Bankman-Fried ‘misplaced’

Temasek said the write-down of its FTX investment will occur irrespective of the outcome of the crypto company's bankruptcy filing.

Posted on 17/11/2022

Singapore takes strong stance against crypto speculation and trading, says Lawrence Wong

Even before FTX's implosion happened, Singapore had been looking at tightening rules on crypto trading and retail investors’ access to crypto, says the Deputy Prime Minister.

Posted on 17/11/2022

What does FTX’s crash mean for Singapore’s Temasek Holdings?

The fall of crypto exchange FTX last week should be seen as an isolated incident, not as a systemic failure of the industry, and should not ...

Posted on 17/11/2022

Temasek becomes latest backer to write down $275 mn funding in crypto exchange FTX

"In view of FTX's financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX's bankruptcy protection filing," Temasek said in a detailed statement ...

Posted on 17/11/2022

Singapore non-oil exports shrink for first time in nearly 2 years with 5.6% drop in October

The drop was worse than the 1.7 per cent contraction forecast by analysts in a Bloomberg poll. Read more at straitstimes.com.

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%.

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