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Month: October 2023

Posted on 16/10/2023

Upbit Singapore Gains In-Principal Approval for Major Payment Institution License from MAS

Upbit, South Koreas leading crypto exchange, has secured in-principal approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), enhancing its foothold in ...

Posted on 16/10/2023

53 cartons of duty-unpaid cigarettes seized in Lavender

A total of 53 cartons and 46 packets of duty-unpaid cigarettes were uncovered and seized in French Road in Lavender during an operation on Oct 11. A Singaporean man is assisting in investigations, ...

Posted on 16/10/2023

Singapore shares fall 0.69% on Monday, tracking regional losses

SINGAPORE - Shares in Singapore fell on Monday, tracking losses in most major markets in the region after a sell-off on Wall Street last Friday. The benchmark Straits Times Index (STI) slipped 21.9 ...

Posted on 16/10/2023

Singapore’s ambition in novel bilateral carbon market faces competitor, near-term supply hurdles

The city-state wants to enter the UN-backed “Article 6.2” carbon trade from 2024, but the tight timeline presents challenges. Experts say buyer nations need to uphold quality, in what may eventually ...

Posted on 16/10/2023

Singapore may consider carsharing for EVs amidst pricey COEs – expert

It is a practical way of using EVs sans purchasing vehicles with pricey COE. With an increasing adoption of electric vehicles, Singapore may consider introducing carsharing programmes with offerings ...

Posted on 16/10/2023

Poco C65 appears on Singapore’s IMDA, launch seems imminent

Xiaomi’s sub-brand Poco is extensively working to bring affordable smartphones to attract new customers in different market segments. In addition, the company is set to unveil a new mid-range ...

Posted on 16/10/2023

Singapore’s Shophouses: A Surge in Demand Amid Exemption from Housing Regulations

In the heart of Singapore, where modern skyscrapers reach for the clouds, there lies a different kind of architectural beauty – the shophouses. These historic, multi-purpose buildings, built between ...

Posted on 16/10/2023

Sheffield Green to raise S$6 million through Catalist IPO at S$0.25 per share

HUMAN resources provider Sheffield Green is seeking to raise over S$6 million through an initial public offering on the Catalist board of the Singapore Exchange. Read more at The Business Times.

Posted on 16/10/2023

Total outstanding debt arranged by Singapore FIs down by 2% y-o-y to $512 bil in 2022

In 2022, new debt issuances by Singapore FIs also fell by 18% y-o-y to $190 billion. Amid the total number of issuances, the US dollar (USD) remained the primary currency while the Singapore dollar ...

Posted on 16/10/2023

Singapore’s Property Market Moderates, Yet Resilience Shines Through

The cityscape of Singapore, famous for its glittering high-rises and lush greenery, is witnessing a significant change. The once booming property market is now showing signs of moderation, with ... ( read original story ...)

Posted on 16/10/2023

Selangor Dredging wins six awards at The EdgeProp Singapore Property Excellence Awards 2023

Selangor Dredging Bhd's One Draycott luxury development received five awards at The Edge Singapore Property Excellence Awards 2023. (Pix by Selangor Dredging) KUALA LUMPUR (Oct 16): Selangor Dredging ... ( read original story ...)

Posted on 16/10/2023

Hite Jinro Singapore: A Toast to Global Expansion with New Soju Production Facility in Vietnam

Amid the fragrant aroma of fermenting rice and the distant hum of bustling city life, an ambitious plan takes root in the heart of Vietnam’s Thai Binh Province. Hite Jinro Singapore, a leading ...

Posted on 16/10/2023

Singapore and US sync up on AI governance and set up joint group

Both nations have mapped their respective AI governance frameworks to ease compliance and they will also establish a group to exchange insights on responsible innovation.

Posted on 16/10/2023

Singapore regulator raises concern on Grab plan to buy Trans-cab

The Competition and Consumer Commission of Singapore (CCCS) on Monday raised competition concerns about a plan by Southeast Asian ride-hailing company Grab to acquire Singapore's third-largest taxi ...

Posted on 16/10/2023

Upbit Receives Preliminary ‘In-Principal’ Approval in Singapore

The in-principal approval allows Upbit Singapore to continue providing regulated digital payment token services in compliance with the Payment Services Act 2019.

Posted on 16/10/2023

UPDATE 1-Singapore regulator raises concern on Grab plan to buy Trans-cab

Oct 16 (Reuters) - The Competition and Consumer Commission of Singapore (CCCS) on Monday raised competition concerns about a plan by Southeast Asian ride-hailing company Grab to acquire Singapore's ...

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