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Crypto.com gets MAS licence to offer digital payment token services to Singapore customers
CRYPTO.COM has been granted a major payment institution licence by the Monetary Authority of Singapore (MAS), nearly one year after the crypto company received an in-principle approval from the central bank.
Growing excitement over fusion energy, but still early days for venture capitalists
BREAKTHROUGHS in nuclear fusion have renewed excitement over the sustainable energy solution, even though it is still “too early” for mainstream venture capitalists to step in, said David Gann, chairman of the UK Atomic Energy Authority.
Singapore hotels’ average room rate recovers from March slip, gains 3.3% in April
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SINGAPORE hotels’ average room rate (ARR) and revenue per available room (RevPAR) inched up in April after March’s dip, even as overall room revenue – which had reached a four-month high in March – and average occupancy rate slipped slightly.
Jobs Transformation Map to boost retail sector with digital upskilling
COVID-19 accelerated the digitalisation of retailers, and those who “do not move with the times” will “be left behind”, said Minister for Manpower Tan See Leng at the launch of the Jobs Transformation Map (JTM) for Retail on Thursday (Jun 1).
Seatrium says CPIB’s investigations relate to Sembcorp Marine’s activities before 2015
SEATRIUM says those events predate the merger with Keppel Offshore & Marine, which only took place in February 2023.
CAPITALAND Investment (CLI) is aiming to increase its use of renewable energy to 45 per cent by 2030, up from its previous goal of 35 per cent.
Corporate Earnings
The STI today
Local shares end trading week higher, STI up 0.2%
THE benchmark Straits Times Index rose 0.2 per cent or 7.5 points on Thursday (Jun 1) to close at 3,166.30. Advancers narrowly inched past decliners 270 to 269, after 1.4 billion securities worth S$1.3 billion changed hands.
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