One firm sold oysters from Canada before SFA was able to inspect, examine and certify the items. Read more at straitstimes.com.
ABB’s electric-vehicle charging business gets new investors including Singapore’s GIC
ABB’s electric-vehicle charging business has raised additional funds from minority investors including Porsche and General Atlantic in a second and final round before listing the division. Read more ...
Retail pop-up in New York to break into US market among efforts by Enterprise Singapore
A group of homegrown lifestyle brands are well on the way to cracking the tough United States market after a four-month retail pop-up staged in New York last year by Enterprise Singapore (EnterpriseSG ...
Firms to add S$17.8bn of value, 23,800 skilled jobs with Enterprise Singapore in 2022
SINGAPORE - Some 18,100 Singapore-owned enterprises worked with Enterprise Singapore (EnterpriseSG) to deepen their capabilities in productivity, innovation, and internationalisation in 2022. Read ...
Services sector’s business outlook dims for Q123
Sixteen (16%) per cent of firms foresee deteriorating business conditions. Firms in the services industry have become less positive about their business conditions in the first quarter of the year.
Crypto lender Celsius propped up token while two founders cashed out millions: US bankruptcy report
Celsius Network used investor money and customer deposits to prop up its own token, the report said. Read more at straitstimes.com.
Super-rich Chinese set their sights on Singapore
Singapore has seen a fresh influx of wealth since 2021 after it became one of the first Asian cities to significantly ease pandemic restrictions and as many Chinese became disillusioned with their ...
Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner
SINGAPORE/LONDON (Reuters) -Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out ...
Leading Crypto Exchange BingX Wins TradingView Best Broker Award for the Second Year Running
BingX, one of the leading crypto exchanges, has been named Best Crypto Broker/Exchange for the second consecutive year in TradingView's Broker Awards for 2022. This award is decided based on feedback ...
Crypto lender Celsius propped up its token, benefiting insiders – US bankruptcy examiner
Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out millions, a U.S.
Singapore to buy electricity from Malaysia for first time from second half of 2023
The 100MW imported will be enough to power about 144,000 four-room HDB flats for a year. Read more at straitstimes.com.
Malaysia bags RM13 billion in foreign direct investment from three investors after Singapore mission
KUALA LUMPUR] Malaysia’s Ministry of International Trade and Industry has bagged an additional RM13 billion (S$4 billion) in foreign direct investment from three investors at the end of its mission in ...
Collapsed Australia-to-Singapore Solar Firm Targets Sale By May
Administrators intend to complete the sale of collapsed solar startup Sun Cable, which aimed to export clean energy from Australia to Singapore, by the end of May.
Celsius’ Business Model Different From That Advertised -U.S. Bankruptcy Examiner
The business model that crypto firm Celsius Network had advertised and sold to its customers was not the business it actually operated, a court-ordered examiner report released on Tuesday showed. The ...
Singapore Manufacturers’ Business Sentiment Stays Weak
Business sentiment among Singapore's manufacturers for the first half of 2023 remains negative as they experience waning ...
Singapore: A Rising Tiger Economy for Startups and Venture Capital in Asia
As we project ourselves forward in 2023, amidst the clouds, a bright spot for optimism is burning brightly for early stage, deep tech startup companies and investors. It’s no surprise that ...