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S$1 Nears ¥125 As Japanese Yen Falls Further, Analysts No Longer Rule Out A Major Currency Collapse

The Japanese yen sank further on Thursday, extending a years-long decline that has transformed Japan from one of Asia's most expensive destinations into a bargain playground for Singaporean tourists.While most travellers are celebrating cheaper hotels, shopping and meals, investors...

S$1 Surges Above 125 Yen as Singapore Dollar Reaches New High Against Japanese Currency

The Singapore dollar has climbed to a fresh record high against the Japanese yen, giving Singapore travellers and investors even greater purchasing power in Japan.On June 30, the yen weakened to as low as 125.49 against the Singapore dollar...

Lazada Lays Off About 5% Of Workforce Across Southeast Asia, Including Singapore

E-commerce giant Lazada has laid off around 5 per cent of its workforce across Southeast Asia following an internal review of roles across its regional operations.The move was announced on Jun. 23 and affects employees in multiple markets, including...

MALAYSIAN RINGGIT FALLS TO SIX-MONTH LOW AGAINST SINGAPORE DOLLAR, HITS RM3.20 PER S$1

The Malaysian ringgit has weakened to its lowest level against the Singapore dollar in six months, with the exchange rate reaching RM3.20 for every S$1 on June 19.Foreign exchange data showed this was the weakest performance of the ringgit...

Elon Musk Becomes World’s First Trillionaire After Historic SpaceX IPO

Elon Musk has officially become the world's first trillionaire following the record-breaking public listing of SpaceX, further cementing his position as one of the most influential figures in modern business.The milestone comes after SpaceX completed what is being described...

DBS Remit To Weixin Pay Sounds Convenient, But There’s One Catch: You Can’t Transfer The Money Back To Singapore

DBS Remit To Weixin Pay: Convenient For China Travel, But Is It Really The Best Option For Singaporeans?Singapore travellers heading to China now have another way to fund their digital wallets after DBS introduced direct transfers from DBS Remit...

Singaporeans May Already Be Investing In Nvidia, Apple & Other AI Giants Without Realising It

The rapid rise of artificial intelligence has transformed some of the world's largest technology companies into stock market powerhouses, generating significant returns for investors over the past few years.Companies such as Nvidia, Apple and Microsoft have become household names...

Meta Layoffs Hit Singapore First As 8,000 Jobs Axed Worldwide

Employees in Singapore were among the first in the world to receive devastating layoff notices from Meta at around 4am on May 20, as the tech giant launched another massive global retrenchment exercise affecting approximately 8,000 workers.The company behind...

Gold Prices Fall For Second Straight Day As US Inflation Concerns Grow

Gold prices slipped for a second consecutive session after stronger-than-expected inflation data from the United States increased expectations that interest rates could remain elevated for longer.As of this morning, spot gold fell around 0.4 per cent to approximately US$4,695.18...

Tiger Beer to Shift Production Overseas, 130 Jobs Affected as Tuas Brewery Scales Down by 2027

Singapore’s iconic beer brand is undergoing a major operational shift, with production set to move beyond local shores in the coming years. The decision is expected to impact workers while reshaping the country’s role in the regional brewing landscape.Asia...

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“Our Love Never Changed”: Malaysian Man Marries Late Fiancée In Emotional Ghost Wedding Ceremony

A Malaysian man has touched thousands online after fulfilling his promise to marry his fiancée, even after her sudden...