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Singapore organisations see rise in cyberattack volume, complexity: Carbon Black poll

LOCAL organisations are reporting a greater number of cyberattacks coupled with increasingly sophisticated tactics, according to the Singapore Threat Report released by cybersecurity firm Carbon Black on Tuesday. Some 96 per cent of the 250 local organisations surveyed have suffered a cybersecurity breach in the last 12 months. Each organisation reported an average of 3.98 breaches. […]

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Singapore: Economists see no further MAS tightening in April

WITH the United States Federal Reserve signalling a pause in interest rate hikes and both domestic growth and core inflation easing, economists expect the Monetary Authority of Singapore (MAS) to also pause at this month’s half-yearly policy review, with no further tightening as yet. February’s core inflation reading was 1.5 per cent year on year, down from […]

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Grab to double Singapore staff to 3,000 in latest expansion

SINGAPORE (BLOOMBERG) – Grab, South-east Asia’s biggest ride-hailing company, plans to double its staff in Singapore to 3,000 by the time it moves into new headquarters next year. Grab signed an 11-year lease for new offices in a development by Ascendas Real Estate Investment Trust. The Singapore-based startup has a five-year renewal option and will […]

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