Business

The Commercial Affairs Department (CAD) of Singapore is investigating a crypto platform that is based in Singapore, "Hodlnaut", and its' directors for alleged fraud and cheating.They are being investigated under Section 417 and 424A of the Penal Code 1871,...

Twitter recently got acquired by billionaire Elon Musk, and the company then went about firing their employees by the thousands.About 75% of Twitter's workforce was laid off.In an astonishing turn of events, Twitter is now asking dozens of employees...

Former CEO of Twitter, Jack Dorsey, said that he understands of current and former Twitter employees blame him after new CEO Elon Musk fired almost 4,000 staff members since his US$44 billion takeover.Dorsey said that he realized that many...

Billionaire Elon Musk, who recently purchased the social networking site Twitter for $44 billion, said in a series of Tweets that he is intending to charge verified users $8/month.Elon Musk's statement on TwitterTwitter’s current lords & peasants system for...

OCBC Bank said in a notice dated 31 October that they will be revising the interest rates for their 360 account to 4.65%, from 1 November onwards.OCBC's announcementRevision to Interest rates for 360 Account from 1 November 2022Dear CustomersWe...

NTUC FairPrice is having a promotion on three of their most popular rice products, offering a 15 percent discount.The three discounted rice brands are:Songhe AAA Thai Hom Mali Rice (5 kg) for $14.35FairPrice Brown Rice (5 kg) for $9.50Double...

Singapore car rental company BlueSG announced that they will be adding about 500 new Opel electric cars to their existing fleet of rental cars, by the end of October.The Opel cars are described as being bigger than their current...

The parent company of Shopee, Sea, announced on 15 September that the leaders of the company will not be drawing salaries until the company becomes self-sufficient again, as the company tries to tide over their crisis.Shopee is now going...

A Chinese national bought 4 luxury condo units at Orchard By The Park for a total of $60 million, with 3 of the units costing $12 million each and the fourth one setting him back $20 million.The condos are...

Long snaking queues were seen outside Singapore banks as they are offering high interest rates for fixed deposits.Customers of United Overseas Bank (UOB) and Overseas Chinese Banking Corporation (OCBC) are lining up outside the banks because of the rates...