HONG KONG (REUTERS) – Hodlnaut, a Singapore-based cryptocurrency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the crypto industry. The crypto lender also said it would withdraw its application for a licence from the Monetary Authority of Singapore (MAS) to provide digital token […]
Read MoreBEYOND immediate measures such as a tighter exchange rate policy, Singapore’s deeper response to the global economic challenges that have emerged following the Covid-19 pandemic and the war in Europe must be to transform and be more productive, said Prime Minister Lee Hsien Loong on Monday (Aug 8). “The basic reality is that international economic […]
Read MoreAS consumers, many of us are aware that packaging makes up a significant portion of the waste we produce and that, while our attitudes and behaviours play a part, the options available to us – in terms of the type of packaging and recycling options available – are also important. In Singapore, efforts are continually being […]
Read MoreSINGAPORE’S retail sales grew at a slower pace in June, but still logged a double-digit increase owing to the low base last year. Total retail sales expanded 14.8 per cent year on year, easing from the 17.8 per cent increase in May, according to the Department of Statistics Singapore (SingStat) on Friday (Aug 5). Excluding motor […]
Read MoreMalaysia’s Minister of Agriculture and Food Industries Ronald Kiandee said on Aug. 4 that the export ban on chickens is set to end on Aug. 31, according to Reuters. His response was to Kluang MP Wong Shu Qi, who is part of the opposition, in parliament. Wong called the decision to ban exports a wrong move, […]
Read MoreSINGAPORE manufacturing sentiment started the second half of the year on a gloomy note, as the sector continues to be weighed down by global supply chain disruptions and high inflation, according to the latest figures from the Singapore Institute of Purchasing and Materials Management (SIPMM) on Tuesday (Aug 2). Singapore’s Purchasing Managers’ Index (PMI) fell […]
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