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Month: August 2022

Posted on 29/08/2022

Singapore’s Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation

The head of the Monetary Authority of Singapore, Ravi Menon, insists this stance is "synergistic" and says price speculation is the source of the crypto world's problems. ( read original story ...)

Posted on 29/08/2022

Singapore eyes crypto credit curbs but China-style ban unlikely

Singapore is unlikely to head down China's path in imposing a sweeping ban on cryptocurrencies, but will work to make conditions more stringent for investors who wish to speculate on the digital ... ( read original story ...)

Posted on 29/08/2022

Singapore Unveils Long-Term Work Visas to End Talent Crunch

Singapore is overhauling visa rules to attract foreign workers and ease a tight labor market that’s contributing to wage and price pressures.Most Read from BloombergPowell Heaps Pressure on Risk Senti ... ( read original story ...)

Posted on 29/08/2022

PropertyBT Podcast: Impact of rising interest rates on Singapore property

How will rising inflation, interest rates and a looming recession affect the Singapore property market? Senior correspondent Leslie Yee explains. Read more at straitstimes.com. ( read original story ...)

Posted on 29/08/2022

‘I just felt really stupid’: How a scam victim almost lost more than S$1 million – until police and the bank intervened

Scams were the top driver of crime in the first half of 2022 with more than 14,000 cases reported – 85% more than in the same period last year, says the Singapore Police Force. ( read original story ...)

Posted on 29/08/2022

Single mother jailed over Citibank cheating case, 13th person to date

"Charles told the accused not to worry and that the accused did not need to satisfy the requisite income level to qualify for a bank loan." He got Kaur to divulge her Singpass login details and told ... ( read original story ...)

Posted on 29/08/2022

Singapore mulls making it harder for people to trade crypto

Singapore started tightening crypto rules early this year with a ban on advertising, and plans to require virtual-asset providers to be licensed locally even if they only do business overseas. The ... ( read original story ...)

Posted on 29/08/2022

Singapore central bank mulls customer suitability test, restriction on use of credit for cryptocurrency trading to protect retail consumers

To further reduce consumer harm caused by volatile cryptocurrency investments, the Monetary Authority of Singapore (MAS) is considering ... ( read original story ...)

Posted on 29/08/2022

Singapore to launch new work pass for top talent in all sectors from 2023

There is a S$30,000 minimum monthly salary requirement for the new Overseas Networks & Expertise Pass. Those with “outstanding achievements” in tech, arts, academia or sports can qualify even if they ... ( read original story ...)

Posted on 29/08/2022

Singapore national arrested for raping Russian woman in Manali

Embassies of both countries informed; accused was visiting tourist town in Himachal, while victim says she has been living in Manali The 23-year-old Singapore tourist was sent behind bars after a ... ( read original story ...)

Posted on 29/08/2022

Singapore says retail investors ‘irrationally oblivious’ to crypto risks, plans tougher rules

Singapore is planning to roll out new regulations that will make it more difficult for retail investors to trade cryptocurrencies at a time when they seem to be "irrationally oblivious" about the ... ( read original story ...)

Posted on 29/08/2022

Singapore’s approach to cryptocurrency control, sector outlook ‘not contradictory’, regulator says

Monetary Authority of Singapore managing director Ravi Menon says strategies are aimed at promoting innovative and responsible digital asset activities Central bank considers tougher rules to deter ... ( read original story ...)

Posted on 29/08/2022

Singapore considers tightening cryptocurrency trading by retail investors

The chief of Singapore's central bank said the city-state is considering tightening cryptocurrency trading by retail investors. ( read original story ...)

Posted on 29/08/2022

Singapore Mulls Crypto Consumer Suitability, Leverage Rules

The Monetary Authority of Singapore is considering more ways to protect consumers who trade cryptocurrencies, joining a push by policymakers and financial regulators across the globe aimed at ... ( read original story ...)

Posted on 29/08/2022

Singapore faced more cybercrime, phishing and ransomware threats in 2021

SINGAPORE: Firms and individuals in Singapore faced an increased number of cybercrime, phishing and ransomware threats last year, according to a report released by the Cyber Secur ... ( read original story ...)

Posted on 29/08/2022

UOB Kay Hian, OCBC analysts find ThaiBev’s valuation attractive and undemanding amid ‘solid’ 3QFY2022 results

UOB Kay Hian analyst Llelleythan Tan has maintained his “buy” call for Thai Beverage (ThaiBev) with a lowered target price (TP) of 89 cents from 94 cents previously. While Tan sees ThaiBev as an ... ( read original story ...)

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