The Uttar Pradesh government has signed a number of agreements with investors in Singapore ahead of the UP Global Investors Summit in February, a state minister said ...
Crypto trader Amber raises $300M as it seeks protection for FTX-hit customers
Amber Group, a Sequoia- and Temasek-backed crypto trading firm, has closed a hefty $300 million Series C funding round as the collapse of FTX shakes the crypto world. The news, which the ...
Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
The collapse of FTX had impacted some of the trading firm's products and customers, increasing the need to quickly raise additional capital.
Temasek-backed crypto firm Amber raises $408m to tackle damage from FTX
Money raised will be mainly for customers who lost money on Amber's products due to FTX’s implosion. Read more at straitstimes.com.
Hong Kong launches first crypto ETFs
Hong Kong launched its first two exchange traded funds for cryptocurrency futures on Friday, following through on a commitment made in October to turn the city into a regional digital asset hub ...
Crypto Firm Amber Raises $300 Million to Tackle Damage From FTX
Embattled crypto firm Amber Group has raised $300 million mainly for customers who lost money on the platform’s products due to FTX’s implosion, according to co-founder and and Chief Executive Officer ...
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.
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 ...
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.
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.
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.
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 ...
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 ...
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 ...
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 ...
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 ...