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Posted on 20/06/2023

Singapore’s Grab Plans Biggest Round of Job Cuts Since Pandemic

Grab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces stiffening competition in ride-hailing and meal delivery across Southeast Asia.

Posted on 20/06/2023

Singapore’s Grab plans biggest round of job cuts since pandemic – Bloomberg News

Singapore-based Grab Holdings is preparing its biggest round of layoffs since the pandemic, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Posted on 20/06/2023

Singapore Airlines’ fortunes are soaring. And Hong Kong’s Cathay Pacific?

Singapore’s flag carrier has now hit a market value of US$17 billion – almost three times that of Cathay’s. Four years ago the difference was only about US$2 billion.

Posted on 20/06/2023

Coldplay Breaks Record for Most Tickets Sold in Singapore

British rock band Coldplay will play for six nights in Singapore in January after breaking the record for the most tickets sold in a day in the city-state.

Posted on 20/06/2023

Asia is the most expensive region in the world according to spending patterns of the super-rich; Singapore takes top spot, report shows

The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...

Posted on 20/06/2023

Stock Market Live: Sensex, Nifty 50 poised for a negative start

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 75.5 ...

Posted on 20/06/2023

Operator Sim Leisure says took risk by buying over ‘failed’ Kidzania Singapore, Khazanah not involved in sale

After acquiring Kidzania Singapore for just S$110,000 or around RM380,000, Singapore-based theme park operator Sim Leisure Group Ltd (SLG) said state sovereign fund Khazanah Nasional Bhd was never ...

Posted on 20/06/2023

Traveloka launches pilot climate action checkout for Singapore consumers in partnership with South Pole

Traveloka users in Singapore will be able to purchase carbon credits and contribute to global climate action when booking flights on the platform. The revenue generated will be invested in wastewater ...

Posted on 20/06/2023

OCBC ups stake in insurance arm Great Eastern to 88.4%

The move came despite Great Eastern being a drag on the bank’s performance in recent quarters. Read more at straitstimes.com.

Posted on 20/06/2023

Crypto.com rejects accusations of propriety trading, citing risk-neutral operations

Rather, the Singapore-based crypto exchange clarified that this unit progressively enhances order book liquidity while reducing spreads. Based on the explanation, this approach helps the company ...

Posted on 20/06/2023

Singapore’s civil servants to receive 0.3-month mid-year bonus: PSD

This follows careful consideration regarding Singapore's economic outlook and a progressive approach towards mid-year payments.

Posted on 20/06/2023

Singapore-based Bitsmedia announces significant milestone with 150 million downloads for its global lifestyle app

Bitsmedia, the developer and publisher of Singapore-based Muslim Pro, the world's leading Muslim lifestyle app, has announced that it has surpassed a remarkable milestone of 150 million downloads ...

Posted on 20/06/2023

How have Singapore IPOs been performing?

We take a look at the stock prices of recent high-profile Singapore-linked IPOs. They are Grab, PropertyGuru, Nio, Ohmyhome, and GoTo.

Posted on 20/06/2023

Singapore SMEs encouraged to implement flexible work arrangements

Smaller companies may face some challenges when it comes to implementing flexible work measures. Read more at straitstimes.com.

Posted on 20/06/2023

Supply is ample, yet there is value in Singapore property

THE United Kingdom (UK) may have more land per person than Singapore, yet suffers from a greater housing shortage. Read more at The Business Times. ( read original story ...)

Posted on 20/06/2023

Singapore Airlines trounces Hong Kong’s Cathay Pacific in battle for the skies

THE fortunes of Singapore Airlines and Cathay Pacific Airways, the flagship airlines of two of Asia’s most important financial hubs, differed during the pandemic and continue to diverge in its ...

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