Tokyo-based Morus plans to export and sell powdered silkworms as raw materials to food manufacturers and restaurants, as well as silkworm-based protein powder and protein bars for gyms, marketing them ...
Chinese AI startups move to Singapore to drive global expansion
When Wu Cunsong and Chen Binghui founded their artificial intelligence startup, Tabcut, two years ago in Hangzhou, China, they quickly encountered numerous challenges, including a lack of venture ...
Singapore shares edge lower on Monday—STI down by 0.1%
SINGAPORE: Singapore shares edge lower on Monday, July 1, following a weak performance in global... The post Singapore shares edge lower on Monday—STI down by 0.1% appeared first on The Independent Si ...
Temasek on deal hunt to boost returns for Singapore
In March, Singapore approved the merger between Tata-owned Air India and sister airline Vistara, a joint venture between Tata and Temasek-backed Singapore Airlines. The deal has been touted as ...
Singapore to tighten regulations to prevent misuse of casinos for terrorism financing
Casinos will soon have to perform due diligence checks when receiving cash deposits of S$4,000 (US$2,950) or more, down from the current threshold of S$5,000.
Singapore Airlines’ CEO Gets Pay Bump After Record Annual Profit
Singapore Airlines Ltd. Chief Executive Officer Goh Choon Phong was paid S$8.11 million ($6 million) last financial year, a 21% increase from the previous period, as the airline benefited from a ...
HSBC fights UBS for Asia wealth under former Wall Street banker
THE head of HSBC Holdings’s private bank is planning a fresh recruiting drive as part of her bid to regain the title of Asia’s biggest wealth manager from UBS Group. Read more at The Business Times.
Citi sees AI displacing more finance jobs than any other sector
About 54% of jobs across banking have a high potential to be automated, the bank said Wednesday in a new report on AI.
Why won’t Citi remove these fraudulent charges from my card?
All of the charges happened six months ago and they were all for an online travel agency called Agoda. I immediately notified Citi as well as Agoda. Citi issued me a new card, but the fraudulent ...
Singapore shares open lower on Monday; STI down 0.1%
SINGAPORE shares started trading in the negative territory on Monday (Jul 1) after global equities ended lower last week. Read more at The Business Times.
Singapore LoP re-elected Sec-Gen of Workers’ Party
Singapore, Jul 1 (PTI) Singapore's Leader of Opposition (LoP), Indian-origin Pritam Singh, was re-elected secretary-general of the Workers' Party (WP) on Sunday. A total of 14 members, led by ...
Investment Ministry meets Singaporean businessmen for further projects
The Ministry of Investment organised a meeting between Singaporean businessmen specialised in infrastructure, water, energy, engineering consultancy, integrated design, project management and ...
Shein’s 2022 sales grow 4x ahead of IPO to close in on Zara
CHINA-FOUNDED Shein started surging in popularity in 2020 amid the Covid-19 pandemic, as customers who were stuck at home logged on to the online retailer to buy cheap clothes. The financials of its ...
Niva Bupa Health files draft IPO prospectus to raise Rs 3,000 crore
The issue consists of a fresh issue of Rs 800 crore and an offer for sale of upto Rs 2200 crore by its existing shareholders and promoters.
Singapore Home Prices Rise Again, Defying Sales Slowdown
Singapore home prices climbed for a fourth straight quarter as the country’s property valuations continue to defy a significant slowdown in sales. Prices for private residences rose 1.1% from the ... ( read original story ...)
China’s AI Startups Head to Singapore in a Bid for Global Growth
This March, they did what scores of other Chinese AI firms have done and moved their company, Tabcut, 2,500 miles southwest to Singapore. The business-friendly country offers Wu and Chen better access ...