Business 2/3

Nov 10, 20222 min read

At least 10 Meta employees in Singapore gets axed

Singapore has been impacted by global layoffs by social media company Meta, according to sources and posts on the professional networking...

Nov 4, 20221 min read

Twitter employees in S'pore getting axed

Employees of Twitter in Singapore anticipate that they will be laid off as early as Saturday at midnight. Nov. 5, Singapore time (9am,...

Oct 31, 20223 min read

S'pore gov to trial digital Singdollar

This year, four pilot projects will assess the usage of a digital Singapore dollar by individuals, corporations, and the government to...

Sep 20, 20221 min read

Shopee axes more employees

Employees affected by the most recent wave of layoffs at e-commerce platform Shopee will get "fair compensation packages" in accordance...

Sep 16, 20221 min read

Forrest Li CEO of Sea decided to not get paid till business is 'self-sufficient'

Forrest Li, Chairman and Group CEO of Sea Ltd, stated that the business's leadership "would not accept any cash compensation until the...

Aug 2, 20221 min read

4 day work-week in Singapore can or not?

The Straits Times reported on Monday, citing a July study by Milieu Insight, that seven out of ten Singaporean workers desire a four-day...

Jun 14, 20221 min read

Tesla fires the Singapore country manager after Elon Musk expects a 10% reduction in employment

Earlier this month, Tesla's founder and CEO, Elon Musk, warned of global layoffs. As a result, Tesla's Singapore country manager has been...

Jun 7, 20221 min read

Singapore plans to develop more appealing and flexible workplaces

The Urban Redevelopment Authority (URA) showcased these and other proposals for Singapore's future development in a new public display....

May 23, 20222 min read

Core inflation in Singapore jumps to 3.3% in April, the highest rate in more than a decade

Official statistics issued on Monday (May 23) revealed that Singapore's core inflation increased to 3.3% year-over-year in April from a...

May 23, 20222 min read

TSMC eyeing Singapore for its Southeast Asian factory?

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, has been expanding its horizons since last year,...

May 17, 20222 min read

Tech crash costs Singapore's richest man $25 billion

A few months ago, Forrest Li was the richest person in Singapore with a $US22 billion ($32 billion) fortune. Now, he is one of the...

May 11, 20222 min read

Singapore's Sea planning to enter the Indonesian insurance industry

Sea, one of the major technology businesses in south-east Asia, is considering a move into Indonesia's insurance industry as it competes...

May 6, 20221 min read

Singapore convicts two individuals in connection with a $6 billion penny stock collapse

Singapore's high court has convicted two persons in what officials believe is the city-greatest state's market manipulation case,...

May 4, 20222 min read

Singapore Temasek, anticipates a revival in China's development in the second half

According to Temasek Holdings Pte Ltd's Chief Investment Officer Rohit Sipahimalani, Singapore's state-owned investor, China's GDP would...

Apr 25, 20223 min read

In March, Singapore's core inflation reached a decade high

Core inflation in Singapore increased to a 10-year high of 2.9 per cent year on year in March, up from 2.2 per cent in February,...

Apr 25, 20221 min read

Singapore's Tharman warns of a New Era of Global Inflation fueled by shortages

According to the chairman of Singapore's central bank, the globe is approaching a macroeconomic era of medium-term supply shortages that...

Apr 12, 20222 min read

Singapore GDP growth will slow in the first quarter, MAS set to tighten

Singapore's economy likely grew at a slower rate in the first quarter, but is projected to maintain its recovery trajectory this year as...

Apr 6, 20222 min read

Singaporean cybersecurity agency launches certification scheme for businesses

Singapore's Cyber Security Agency (CSA) has developed a certification scheme aimed at incentivizing businesses of all sizes to strengthen...

Apr 6, 20222 min read

Singapore's cryptocurrency operators now face increased scrutiny as a result of a new law

Singapore enacted a bill on Tuesday that expands the city-cryptocurrency state's restrictions to firms with a local presence that provide...

Apr 1, 20223 min read

Cathay Pacific Passes Singapore Airlines to Become the World's Longest Flight

At this time of year, a Cathay Pacific trip from Hong Kong to New York represents a true round of the globe, with the Airbus A350...