Finance

Regulating chaos in crypto world: How a licensed exchange transforms the cryptocurrency ecosystem

Viktor Kochetov, CEO of digital wallet and professional cryptocurrency trading platform Kyrrex, reflects on the regulation of crypto exchanges as the major stumbling block of this domain, and discusses how the lack thereof impacts the cryptocurrency landscape. “Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.” — Warren …

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Singapore’s GDP growth drops to 0.1% in Q2, lowest since 2009’s Great Recession

As the world’s economy takes a deeper dive as it prepares for a looming recession, Singapore’s second-quarter data released on Friday (12 July) showed a dreadful slowdown. According to official estimates released by the Ministry of Trade and Industry (MTI), the Republic’s year-on-year gross domestic product (GDP) growth only grew by a scant of 0.1% in the second quarter. This …

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MOM: CPF payouts determined by actual household expenditure patterns

The Manpower Ministry (MOM) defended itself in mainstream media this week (‘Different method used to calculate CPF payout sums: MOM‘, 8 Jul) saying that it uses a different method to calculate the CPF payouts under the national CPF Life Scheme. MOM’s comments came in light of a recent study conducted by a team of researchers from the Lee Kuan Yew …

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Hyflux ‘progressing’ towards S$400mil binding deal with UAE’s Utico

Beleaguered homegrown water treatment firm Hyflux is in the midst of securing a S$400 million binding deal with its potential white knight Utico, which will require the approval of the former’s senior and junior creditors. The Straits Times reported Fri (12 Jul) that the United Arab Emirates utilities company is seeking to hold 88 per cent of Hyflux’s shares in …

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Three unique baby shower gifts that also reward the giver

by ValueChampion While finding a stand-out baby shower gift can be challenging, there are a few creative options that will both surprise the mom-to-be and also reward the giver. From onesies to pink or blue cupcakes, baby shower gifts may be cute but are often predictable. Even more, guests at a gathering without a registry may end up buying duplicates (and …

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Three ways employers can boost office productivity

by ValueChampion Of the many ways to incentivise employees to work harder, these 3 options are amongst the easiest to implement, while still delivering results. Office settings can have a surprisingly strong impact on employee performance. With the right combination of atmosphere and perks, it’s possible to improve productivity without implementing massive changes in company policy. These 3 recommendations can improve …

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When is it worth buying annual travel insurance?

by ValueChampion Travel insurance is a popular purchase for a lot of vacationers. But given that travellers have different preferences and habits, it can be difficult to navigate all of the available offerings. In this article, we explore whether you will benefit most from an annual travel policy or a single trip policy. With so many travel trends taking Singaporeans by …

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3 property statements that don’t hold water

I always believe that there are things best leave it to the professionals, such as legal and taxation matters. On the other hand, there are things best to be managed on your own, especially when it comes to finance and investment. I immediately struck a chord with Andrew Craig when I read his book How to Own the World: A …

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