Alvin Liew, Economist at UOB Group, comments on the November’s contraction of Retail Sales. Key Takeaways “After two months of sequential increases, Singapore’s retail sales ...
Crypto exchange Huobi to lay off 20% of staff
Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday. "The planned layoff ratio is about 20%, but it is not implemented now. With the current state of the ...
Crypto exchange Huobi to lay off 20% of staff – Justin Sun
Crypto exchange Huobi plans to lay off about 20% of its staff, Tron founder Justin Sun told Reuters. Sun, a Chinese cryptocurrency entrepreneur who is also a member of Huobi's global advisory board, ...
Exclusive: China Energy places order to import Australian coal, sources say
China Energy Investment Corp has placed an order to import Australian coal, three sources familiar with the matter said on Friday, in one of the first deals since Beijing eased an unofficial ban ...
Global Chinese firms try ‘decoupling’ from China as business climate turns hostile
In the United States, “Made in China” and “China-based” labels are now politically toxic; Public relations specialists note a growing trend of some Chinese companies posit ...
Singapore’s fashion scene is taking off, and some players are heading overseas
SINGAPORE fashion brands are gaining popularity among local consumers, with some consumers attracted to the green credentials of several of these homegrown labels, and others seeking a piece of home ...
Olam Agri picks banks for $1.34 billion Singapore listing
The IPO of the agribusiness unit could raise as much as US$1 billion (S$1.34 billion), sources said. Read more at straitstimes.com.
Sim Wong Hoo’s Creative legacy shows small country can make world-class products, say Singapore tech players
Creative Technology’s founder Sim Wong Hoo put Singapore on the global map for technology innovations and showed that success was possible despite ...
More retailers in Singapore absorbing GST increase to help consumers ‘tide through inflation period’
Now that the year has turned, some retailers have switched from getting consumers to buy big-ticket items before the Goods and Service Tax (GST) go up to absorbing the tax increase for customers or ...
Singapore’s retail sales grew 6.2% year-on-year in November 2022
DOS of Singapore announced that the country's retail sales grew by 6.2 per cent year on year in November 2022, following the about 10.3 per cent year-on-year increase recorded in the previous month ...
Singapore food waste start-up UglyFood closes down
SINGAPORE: UglyFood, the local start-up with a stated mission to reduce food waste, is closing down close to seven years after its launch. The online grocer said it was winding up as it was "unable to ...
Singapore shares rise on Thursday; STI up 1.1%
SINGAPORE shares were pulled into positive territory on Thursday (Jan 5) following overnight gains from major markets in the US and Europe. Read more at The Business Times.
Singapore likely to achieve balanced budget in current government term despite Covid deficit
THE Singapore government is expected to balance its budget for the current term, set to end by 2025, despite a record S$51.6 billion overall budget deficit in financial year 2020 when the Covid-19 ...
Bloomberg TV seeks an on-air reporter/producer in Singapore
Bloomberg TV is seeking an On-air reporter/Producer based in our Singapore bureau. You’ll be reporting on markets as well as a range of other topics including business, economics and politics. You’ll ...
Singapore-based crypto firm hit by Dec 26 hack, more than $10 million lost
Thousands of users reported having their funds stolen from their BitKeep wallets. Read more at straitstimes.com.
Singapore grants FBO license to Converge unit
Converge ICT Solutions Inc. may now provide international connectivity services in Singapore, as the Infocomm Media Development Authority (IMDA) granted a Facilities-Based Operations (FBO) Licence to ...