Mr Piyush Gupta, the head of DBS Group Holdings, called for reconsidering how the country’s sizable reserves can be better deployed. “We’ve still not caught up around the fact that we are a rich ...
Company and its director fined $7,500 each for illegally importing over 810kg of meat, seafood products
A food importer was fined $7,500 for illegally importing meat, seafood and processed food for sale, the Singapore Food Agency (SFA) said in a statement. Read more at stomp.straitstimes.com ...
Lucasfilm shutters its Singapore studio after nearly 2 decades in the country amid Disney’s plan to save $5.5 billion this year
The winding down "is in response to changes in the industry and business conditions," a Singapore government unit said in a statement.
Singapore among world’s first to agree stablecoin crypto regulation
The stablecoin market is valued at around $125 billion with two tokens — Tether's USDT and Circle's USDC — dominating with around 90% share.
Singapore Exchange to List Structured Certificates Linked to China’s Alibaba
The first issue of the structured certificates is a yield enhancement product linked to Chinese tech giant Alibaba Group with an autocall feature, according to SGX in a statement. It will be listed on August 30, SGX said. Societe Generale is the issuer, with UOB and UOB Kay Hian as the primary distributors, according to ...
Disney to shut Lucasfilm studio in Singapore
Lucasfilm's visual effects and animation studio in Singapore will close down in the coming months due to economic reasons, parent firm Disney said on Tuesday. "Over the next several months, ILM will be consolidating its global footprint and winding down its Singapore studio due to economic factors affecting the industry,
Must-watch: Singapore Reserves Revealed gives exclusive insight into the country’s rainy day fund
Produced over the span of six months, Singapore Reserves Revealed is to date, the most extensive look at one of Singapore’s most closely guarded secrets. It features exclusive interviews with the ...
Singapore introduces visionary regulatory framework to boost stablecoins’ stability
The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new ...
Chongqing and Singapore lead by example in green finance collaboration – Minister Insights
As Chongqing's green finance infrastructure crystallizes, its synergy with Singapore signifies a watershed moment in the region's quest for sustainability. Their collaborative spirit serves as a ...
Invaluable Chinese photovoltaic technology and experience for Singapore – Minister Insights
Fu spoke of Singapore's ambitions to forge sustainable energy partnerships. She spotlighted the nation's intent to import green energy from neighboring countries, with China as a leading partner.
Saudi, Singapore wealth funds snap up Alibaba, JD.com, BeiGene and other Chinese stocks, picking up where US funds left off
The Saudi and Singapore sovereign funds recorded steep losses last year amid a global market downturn. The PIF incurred a loss of US$11 billion on investment activities last year, versus a US$19 ...
Climate change is Singapore’s biggest long-term crisis, says Indian-origin presidential hopeful Tharman
Climate change is the biggest long-term crisis that Singapore faces and adapting to it will require infrastructural investments, the country’s Indian-origin presidential hopeful Tharman Shanmugaratnam ...
Singapore releases regulatory framework for single-currency stablecoins
Singapore's central bank released a regulatory framework on Tuesday intended to bolster the stability of single-currency stablecoins. The framework will apply to non-bank issuers of single-currency ...
Singapore Home Sales Jump Fivefold to Highest Level This Year
Singapore’s home sales rebounded last month to the highest level in more than a year, as buyers brushed aside rising interest rates and the government’s latest cooling measures.
Climate change is Singapore’s biggest challenge: Tharman Shanmugaratnam
Climate change is the biggest long-term crisis that Singapore faces and adapting to it will require infrastructural investments, the country's Indian-origin presidential hopeful Tharman Shanmugaratnam ...
Hin Leong liquidators and HSBC chase Lim Oon Kuin and scions for $3.6bn
In a court case that kicked off in Singapore last Thursday, Hin Leong Trading’s liquidators are demanding that its founder Lim, together with his two children, cough up $3.5bn for debts that allegedly ...