Nowadays, digital payment methods have become increasingly important for seamless and secure transactions with increasing awareness of payment gateway security and privacy needs. One notable digital payment option that has gained popularity in Singapore is cryptocurrency.
‘Substantial risk’ of Singapore entering technical recession in 1H2023: UOB
Singapore’s manufacturing output has already contracted for seven months since October 2022, driving recessionary risks.
Singapore fines firms over Wirecard scandal breaches
Separately, two former Wirecard employees were sentenced to jail in the city state earlier this week.
Chart of the Day: Here are the top investment themes in Singapore
Energy is leading followed by technology. The most sought-after investment theme is Energy, with 31% of investors who said they seek investment opportunities from the industry. This chart from Moomoo ...
In Post-Repeal Singapore, LGBTQ Activists Work to Expand Family Structures
For this year’s Pink Dot campaign, the first since the repeal of Section 377A, queer Singaporeans hope to expand the definition of family in the city-state.
Crypto firm Ripple gets in-principle payments license in Singapore
Ripple said it received in-principle approval of a Major Payment Institution Licence from the Monetary Authority of Singapore, the country's central bank.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively. The Monetary Authority of Singapore (MAS) has imposed penalties amounting to S$3.8m on Citibank, DBS, OCBC, and Swiss Life for breaches of its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements.
MAS fines DBS, OCBC, Citibank, Swiss Life S$3.8m for breaches linked to Wirecard case
SINGAPORE — The Monetary Authority of Singapore (MAS) has fined banks DBS, OCBC, Citibank and insurer Swiss Life a total of S$3.8 million for breaching its requirements on anti-money laundering and ...
MAS grants IPA to crypto giant Ripple
Ripple CEO Brad Garlinghouse says the company is proud to receive the IPA from the MAS, reaffirming its commitment to the region and ongoing proactive engagement with regulators globally.
P&G to invest $100 million in new manufacturing facility in Singapore
Consumer goods company, Proctor & Gamble (P&G) will be investing more than US$100 million into setting up a new manufacturing facility in Singapore.
Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore
This pushed Ripple to double its headcount in Singapore over the past year across key functions such as business development, compliance, finance, legal, and sales. The company plans to continue ...
Singapore tenant jailed for trying to strangle landlord over slow Wi-fi
Li Xin was sentenced to five months’ jail for pulling a knife on Lin Suhua, threatening to kill her family and then attempting to strangle her.
Ripple gets in-principle approval for Singapore’s digital payment license
The Asia-Pacific arm of San Francisco-based technology firm Ripple Labs saidThursday it received in-principle approval to start offering digital payment services in Singapore.
Singapore man dies after being struck by a traffic police officer in Hougang
An unfortunate event happened yesterday involving a traffic police officer and a 58-year-old man. The Singapore Police Force said they were alerted to the incident at the junction of Hougang Avenue 3 and Kim Chuan Road at around 5:30pm.
Top investment themes among Singapore investors are energy, technology, Asia and healthcare, says Moomoo Singapore
Moomoo Singapore’s assets under management (AUM) grew by 33% in the past seven months to hit $7 billion. Energy, technology, Asian stocks and healthcare counters are among the top investment themes ...
Amid wider array of extremist ideas targeting Singapore youths, DPM Wong calls for greater efforts to counter online radicalisation
Helping radicalised youth return to the fold will become more challenging as there is an increasing array of extremist thoughts that are easily