SINGAPORE’S ports handled 37.3 million twenty-foot equivalent units (TEUs) last year, just shy of the record 37.6 million TEUs they handled in 2021, according to Maritime and Port Authority of ...
Singapore crypto firm Hodlnaut’s creditors seek its liquidation
KEY creditors of embattled crypto lender Hodlnaut rejected a proposed restructuring plan and prefer to liquidate the company. Read more at The Business Times.
I flew on Singapore’s mammoth A380 in premium economy to Germany and the service was great, but the seat had one major flaw I couldn’t overlook
Singapore operates the world's second-largest fleet of A380 superjumbos, which feature four cabins – economy, premium economy, business, and first.
Crypto.com to cut 20% jobs as industry rout deepens after FTX collapse
Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year.
Singapore-based Crypto.com to cut global workforce by 20%
Crypto firms collectively have shed more than 1,600 jobs in the first two weeks of 2023. Read more at straitstimes.com.
Crypto.com cuts 20% jobs amid ‘unforeseeable’ industry events
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, ...