Terraform Labs has filed for Chapter 11 bankruptcy protection, less than two years after a collapse of the company’s cryptocurrency devastated traders around the world ...
Hong Kong may lose Australian talent to Singapore if Canberra puts tax squeeze on expats, business chamber chief warns
Chamber suggests double taxation treaty as Canberra proposal could leave certain expats paying in two places if they stay in Australia beyond 45 days Chairwoman Josephine Orgill says Hong Kong remains ...
Singapore-based Terraform Labs files for bankruptcy in US after $53.6 billion crypto crash
Reports said the firm had listed assets and liabilities in the range of US$100 million to US$500 million. Read more at straitstimes.com.
Singapore’s crypto firm Terraform files for bankruptcy protection in US
Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million ...
Kiln Emerges Victorious Amid Crypto Downturn, Secures $17M Funding in 2023
According to data from PitchBook, VC investments in crypto companies witnessed a staggering 68% drop in 2023 compared to the robust figures seen in 2022.
An alliance to tackle business costs sought for 2024: Singapore Business Federation
SINGAPORE - The Singapore Business Federation (SBF) wants to bring firms and policymakers together to put a damper on costs in 2024, with a new grouping it has named Alliance for Action (AfA) on ...
India, Singapore pact in climate finance has promising future: NITI Aayog
The cooperation between India and Singapore in the field of green finance has a promising future, NITI Aayog Vice Chairman Suman Bery has said, asserting that the two countries can work within the framework laid out in the G20 New Delhi Leaders' Declaration on sustainable finance.
Global crypto criminal gains down in 2023, says Chainalysis report
Data showed a shift in the types of assets involved in crypto-based crime, from Bitcoin to stablecoins. Read more at straitstimes.com.
Singapore crypto firm to expand Web3 space into Nigeria
Bitlink Exchange, a Singapore-founded crypto exchange trading platform, has expanded its operations into Africa, focusing on Nigeria ...
Singapore non-oil exports showing recovery signs, GDP may grow 2.4% this year: HSBC
The economy is expected to grow at a projected 2.4 per cent this year from an estimated 1.2 per cent last year on the back of a travel recovery and an improvement in global trade, HSBC said on ...
Singapore minister charged with corruption in rare case
Singapore's former Transport Minister S. Iswaran has been charged in court for graft, the anti-corruption agency said on Thursday, in one of the most high-profile graft cases involving a minister in ...
Singapore’s Transport Minister S. Iswaran Resigns After Being Charged With Corruption
Singapore’s Transport Minister S ... 24 counts of obtaining “valuable things” from someone he had business dealings with as a public servant, and one for obstructing justice. Iswaran pleaded not ...
Singapore Made Up 59% of ASEAN Fintech Deals in 2023 Amid Funding Winter
Can the Singapore fintech sector navigate a challenging 2023 funding landscape, characterised by a massive downturn in investment?
Singapore SMEs in contractionary mode for full-year 2023: OCBC
SINGAPORE’S small and medium-sized enterprises (SMEs) have remained in contractionary mode for the fourth straight quarter, marking a full year of contraction in 2023, said OCBC on Thursday (Jan 18).
Singapore SMEs need help with going overseas, pursuing sustainability
In an interview with The Business Times, the bank’s head of global commercial banking Linus Goh said that despite the uncertainty in markets such as China and the US, internationalisation is still ...
GST concerns: Will the hike from 8 to 9 per cent mean less donations to Singapore charity organisations?
As Singapore grapples with a rise in GST, some charitable donations are experiencing a decrease. Charities share insights on their efforts to sustain giving.