Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and "unforeseeable" industry events. This is the second major layoff at ...
Crypto.com cuts global workforce as industry’s woes deepen
SINGAPORE: Digital asset exchange Crypto.com is reducing its global workforce by about 20%, the latest retrenchment in the sector following a collapse in virtual-coin prices. Kris Marszalek, the ...
2 arrested, over 3,400 cartons of duty-unpaid cigarettes seized by S’pore Customs
The total duty evaded was more than $360,000, while the GST evaded was over $32,000. Read more at straitstimes.com.
First digital trade deal between Singapore, South Korea to come into effect on Jan 14
THE Korea-Singapore Digital Partnership Agreement (KSDPA), the first digital trade deal between the two countries, is slated to come into effect on Saturday (Jan 14). Read more at The Business Times.
Factbox-The many companies in Digital Currency Group’s crypto empire
U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after one of its companies, Genesis, froze customer withdrawals in November.
EMA says no setback to Singapore’s plans to import clean energy, following Sun Cable’s demise
THE surprise collapse of Sun Cable, a company that has been in talks with Singapore for the past two years to supply 1.75 gigawatts (GW) of solar power via potentially the world’s longest submarine ...
Crypto crime volume hits all-time high on the back of more sanctions
The illicit transaction volume went up to US$20.1 billion (S$26.7 billion) last year. Read more at straitstimes.com.
2023 for crypto: Deep freeze, recovery or rocket?
The dramatic events of 2022 will shape the cryptocurrency landscape for years to come, says Coinbase’s 2023 outlook. Yet, despite the uncertainty surrounding the potential fallout, essential ...
Singapore stocks slip ahead of US inflation report
SINGAPORE - The Straits Times Index (STI) dipped 0.1 per cent or 3.73 points to 3,267.78 on Thursday (Jan 12), as the trio of Singapore banks stuttered ahead of the release of US inflation data. Read ...
Olam Agri to list on Singapore, S/Arabia bourses
Olam Group has announced plans to list its majority-owned agri-business subsidiary - Olam Agri in Singapore and Saudi Arabia bourses. On December 23, ...
No setback for Singapore’s plans to import clean energy as sun sets on Sun Cable: EMA
THE surprise collapse of Sun Cable, a company that has been in talks with Singapore for the past two years to supply solar power via potentially the world’s longest submarine cable from Down Under, ...
Singapore was never entirely convinced by Sun Cable
Sun Cable had an ambitious plan to send solar power from Darwin to Singapore via under-sea cables. But one piece of the puzzle was missing - interest from the Singaporean government.
Singapore’s framework for companies to ‘do good’ shifts from corporate giving to corporate purpose
SINGAPORE’S National Volunteer & Philanthropy Centre (NVPC) has updated its framework on how businesses can “do good” – with the spotlight now on corporate purpose instead of corporate giving. Read ...
Asset prices falls may lay bare rot in crypto, commodities sectors in South-east Asia
MORE misdemeanours could turn up in the crypto and commodities sectors this year, market watchers said, as the global economy battles recessionary pressures and asset prices fall. Read more at The ...
More ultra-wealthy families setting up offices in Singapore, and they’re not just coming from Asia
The COVID-19 pandemic has forced these ultra-high net worth individuals to rethink how to safeguard their wealth, industry observers say.
Pay With Crypto Company YES WORLD Reaches 2 Million Transaction Count, Doubled In Two Months
Pay with Crypto Company YES WORLD Reaches 2 Million Transaction Count, Doubled in Two Months Singapore, Singapore--(Newsfile Corp. - January 11, ...