Business

Jan 10, 20242 min read

GST Rates Around The World

Who can rival our 9%?

Nov 18, 20232 min read

3 Reasons Why BDS will Fail

It's like clapping for healthcare workers, really.

Nov 1, 20232 min read

Joint Special Economic Zones are rare Pokemon

Singapore-Malaysia boleh!

Jun 22, 20232 min read

JPMorgan's commercial bank expands into Singapore and Israel as part of global growth strategy

JPMorgan Chase & Co's commercial bank is set to expand into Singapore and Israel this year, marking a global expansion for its unit...

Jun 21, 20232 min read

Grab fires 1,000 employees in biggest layoffs

Grab, the leading ride-hailing and food-delivery app in Southeast Asia, headquartered in Singapore, has announced a workforce reduction...

May 29, 20232 min read

Temasek Holdings reduces compensation for team involved in FTX investment

Singapore's state investor, Temasek Holdings, announced on Monday that it had reduced compensation for the team responsible for...

May 10, 20231 min read

DBS Bank explores expansion in Dubai, eyeing greater presence in the region

DBS Bank, a major Asian lender based in Singapore, has announced plans to expand its presence in Dubai, utilizing the emirate as a hub to...

May 2, 20231 min read

Temasek denies the assertion that it invested $10 million in the cryptocurrency firm Array

On Tuesday, Temasek, Singapore's investment company, denied reports claiming that it invested $10 million in Array, an algorithmic...

Apr 27, 20231 min read

Unlucky strike, S$848 million penalty for company selling tobacco to North Korea

British American Tobacco (BAT) has agreed to pay a penalty of $635 million (S$848 million) to the United States for selling cigarettes to...

Mar 24, 20234 min read

TikTok Singaporean CEO Shou Zi Chew gets grilled on with US lawmakers

Thursday, US lawmakers blasted TikTok's chief executive over potential Chinese control over the site and said the app's short videos were...

Feb 21, 20231 min read

India’s UPI and Singapore’s PayNow integration launched

India's real-time retail payment system Unified Payments Interface (UPI), which has enabled quick digital payments through apps such as...

Feb 15, 20231 min read

Love the silence in a Grab ride? Grab now offers 'Quiet Ride'

Grab riders in Singapore may now request a "Quiet Ride" if they do not wish to engage in conversation with their drivers throughout their...

Feb 1, 20232 min read

For the first time ever, Singapore will buy electricity from Malaysia

YTL PowerSeraya will import energy from Malaysia for the first time on a commercial basis, the company stated on Monday. Over the course...

Jan 13, 20232 min read

Twitter employees in S'pore get kicked out of office

Once again, Twitter CEO Elon Musk's brilliant ideas have led to embarrassment. This time, the impact was seen by staff at the company's...

Jan 10, 20232 min read

SPH Media has been inflating circulation numbers

It was discovered that The Straits Times and Lianhe Zaobao's daily circulation figures were inflated by 85,000 to 95,000 copies,...

Jan 9, 20232 min read

Twitter content moderation team in S'pore gets axed

The avalanche of digital job layoffs that has swept the globe in recent months has reached Twitter Singapore, where deeper cuts have been...

Jan 6, 20231 min read

Evergreen giving out 52 month's bonuses to its employees

After record earnings in 2022, container lines led by Evergreen Marine have rewarded its employees with significant bonuses. Evergreen, a...

Jan 3, 20231 min read

120 months bonuses for South Korean Oil & Gas company

The Korea Herald reported that Hyundai Oilbank's earnings grew by 226% in the third quarter of 2022 alone. The petroleum and refinery...

Dec 1, 20222 min read

DPM Lawrence Wong defends Temasek over FTX loss, hopes to improve

Lawrence Wong, Singapore's Deputy Prime Minister and Minister of Finance, described Temasek's $275 million investment loss resulting from...

Nov 28, 20221 min read

Singapore parliament gets grilled over FTX

The fallout from the collapse of Sam Bankman-FTX Fried's crypto enterprise has raised focus on the Singaporean government. This week,...