5 things to watch out for when dabbling in cryptocurrency investments
Amid talk of a crypto winter, cryptocurrency exchanges from Bybit to Crypto.com have announced significant workforce reductions of up to 20 per cent.
Finance
Low labour costs, strong investor interest drawing S’pore start-ups into Vietnam
Vietnamese sectors that venture capital firms are looking at include health technology, food processing and blockchain, according to industry experts.
Japan’s financial firms finding new value in digital domain
Driving some of these moves are the growing concerns that a lack of IT talent could be a barrier to the nation’s economic growth.
Japan’s budget requests exceed ¥110 trillion, hitting 2nd-highest
The total is likely to swell further during the budget compilation process toward the year-end as agencies have requested spending on items without specifying how much they need.
Bongbong Marcos reaps $14.36 billion in investment pledges abroad
These, he said, were in sectors of renewable energy, data centres, e-commerce, broadband technology, startups, government housing, and agriculture.
Nansha standing out as key investment destination in Bay Area
A large number of investors have flocked to the area in the past couple of months and several enterprises have signed agreements to launch a slew of industrial projects.
Grab-Singtel digital bank to launch savings account offering daily interest
GXS chief executive Charles said the digital bank will calibrate the conditions, including the cap on deposits, based on customers’ behaviour and demand.
Korean financial groups make aggressive expansion in Vietnam
One competitor, Woori Bank, raked in a net profit of 23.8 billion won in the first half of this year from its business in Vietnam, up 128.5 per cent from the previous year.
Philippine Department of Agriculture pushes boost to salt making
Early August, the Philippine Chamber of Agriculture and Food Inc., called for a budget for the local salt industry as the country was sourcing 93 percent of its salt needs from…
Indonesian fintechs look abroad for new growth
Indonesia has long been identified as one of the most promising markets in the region, but after years of rapid domestic growth, firms are looking for better opportunities…