Lazada’s Recent Layoffs and Strategic Shifts in Singapore
Lazada, a prominent regional e-commerce player, made headlines on January 3 with the announcement of undisclosed staff layoffs in Singapore. Responding to inquiries, a Lazada...
Sumitomo Life plans to acquire Singapore Insurer, Singlife at $4.6 Billion
Japanese insurer Sumitomo Life Insurance is making waves with a significant move in the insurance sector, announcing plans to fully acquire Singapore Life Holdings (Singlife)...
Economic and Business Growth Trends for ASEAN in 2024
As we stand on the cusp of 2024, the economic landscapes of Southeast Asian nations paint a diverse picture of growth and resilience. From the...
Singapore Airlines Group Achieves Revenue Increase Amidst Strong Air Travel Demand
Singapore Airlines Group (SIA) has reported record half-year operating and net profits for FY2023/24, fueled by robust demand for air travel during the Northern Summer...
Flash Coffee Singapore Closes, Surprises Market
Flash Coffee's decision to cease its operations in Singapore has sent ripples through the local food and beverage (F&B) market, impacting employees, consumers, and raising...
Illegal gambling website founder linked to money laundering syndicate
Wang Bingang, a man who amassed a fortune by providing illegal online gambling services to Chinese players, managed to evade arrest during Singapore's anti-money laundering...
WP Singapore Calls For Banks To Fully Reimburse Scam Victims
Sylvia Lim, the chairperson of Singapore's Workers' Party (WP), has called for a legal mandate requiring banks in the country to fully and promptly reimburse...
Eduardo Saverin tops Forbes’ Singapore Wealthiest List
Eduardo Saverin, one of the co-founders of Meta Platforms (formerly Facebook), has ascended to the title of Singapore's wealthiest individual on Forbes' most recent compilation...
Singapore Police seize assets close to S$1 billion in anti-money laundering operation
The Singapore police have arrested ten individuals, aged 31 to 44, on suspicion of involvement in forgery, money laundering, and resisting arrest. Additionally, law enforcement...
Nicole Seah and Leon Perera resign from WP
The resignation of MP Leon Perera and senior party leader Nicole Seah following an extramarital affair has shaken the Worker's Party (WP). WP chief Pritam...