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Tag: crypto

Posted on 13/01/2023

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.

Posted on 13/01/2023

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.

Posted on 13/01/2023

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.

Posted on 13/01/2023

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 ...

Posted on 13/01/2023

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 ...

Posted on 13/01/2023

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.

Posted on 13/01/2023

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.

Posted on 13/01/2023

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.

Posted on 13/01/2023

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 ...

Posted on 12/01/2023

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.

Posted on 12/01/2023

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 ...

Posted on 12/01/2023

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 ...

Posted on 12/01/2023

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, ...

Posted on 12/01/2023

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, ...

Posted on 12/01/2023

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.

Posted on 12/01/2023

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 ...

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