Singapore’s central bank incurred a record net loss of S$30.8 billion (US$22.8 billion) in its last financial year because of the strength of the local dollar. The loss arose from a combination of ...
Expanding Your Business Internationally: Why Singapore Should Be Your Next Destination
Expanding your business internationally can be a transformative decision, opening up new markets and growth opportunities. When considering your next ...
Singapore’s Razer Investigates Data Breach After $100k Data Offered for Sale in Crypto
Singapore gaming firm Razer is investigating a possible data breach after a hacker offered stolen data from the firm for $100,000 in crypto.
Global crypto industry is worth US$180 bln: report
The global cryptocurrency industry is valued at US$180 billion, with over 10,000 companies employing a total of 190,000 employees, according to a July 5 report from crypto intelligence firm K33 ...
Gaming firm Razer probing ‘potential hack’ after data offered for US$100,000 worth of crypto
SINGAPORE: Gaming hardware company Razer said on Monday (Jul 10) that it is investigating a potential hack that affected its digital wallet Razer Gold, which customers use to purchase games and ...
ComfortDelgro to distribute Chinese electric vans in Singapore by end-2023
It is targeting to sell about 100 electric vans by end-2024 through appointed dealerships before raising the target over time. Read more at straitstimes.com.
ComfortDelgro unit to distribute Chinese electric vans in Singapore by end-2023
THE race to get companies to switch to electric vans is heating up, with ComfortDelGro Engineering importing a new Chinese brand for sale or lease by the fourth quarter of 2023. Read more at The ...
Gaming firm Razer hit by potential breach, hacker offering stolen data for RM466,750 in crypto
Gaming hardware company Razer has allegedly suffered a data breach, after a seller on a hackers’ forum offered stolen data for US$100,000 (RM466,750 or S$134,898) in cryptocurrency on July 8.
Singapore rolls out initiatives to capture new digital jobs in supply chain management
There will be 700 new digital jobs for PMETs in supply chain management from now till 2025, a study forecast. Read more at straitstimes.com.
Is AI stealing crypto’s limelight? S’pore tech start-ups weigh in
Private funding for crypto start-ups has dried up, falling to its lowest level since 2020. Read more at straitstimes.com.
Singapore plans tax breaks to encourage single family offices to invest locally
Singapore plans to give tax breaks to single family offices that deploy capital “more purposefully” for the benefit of the city state, contribute to environmental and social causes, and undertake ...
Sequoia’s China unit’s move into Singapore sets stage for competition with India-based arm: FT
The China unit, managed by Neil Shen, led early investments in Alibaba and ByteDance. Both companies have an extensive and growing presence in Singapore. FT, citing a person who spoke to HongShan ...
Cocaine, Marijuana… Jellyfish? Cartels Muscle in on New Export Business
The Sinaloa cartel is threatening its way into Mexico’s multimillion-dollar cannonball jellyfish trade to help fund their drug wars.
Sequoia China’s push into Singapore sets up fight against Indian arm
Plans to expand into south-east Asia dealmaking from city-state puts it in direct competition with India-based Peak XV ...
South Korea, Singapore, Thailand clarify crypto rules as U.S. in state of regulatory ‘warfare’
While some Asia nations, such as Singapore and Thailand, seem to be following the U.S. Securities and Exchange Commission (SEC) in frowning upon certain products offered by exchanges, the approach in ...
Singapore Winning On Inflation, Losing On Growth
Singapore's central bank this week delivered a sobering economic assessment amid sluggish near-term growth prospects, ongoing inflationa ...