In the past year, ANEXT Bank has been embarking on discovering the best way to service Singapore’s underserved small and medium enterprises (SMEs). Business loans were offered for as low as S$5,000 ...
XRP price spikes as Ripple beats SEC in crypto securities battle
“Singapore has developed into one of the leading fintech and ... that cryptocurrencies are securities that come under its purview. Many inside the crypto industry, however, hope the sector is instead regulated with a lighter touch by the Commodity ...
Implications of Tether’s Regulatory Adjustments in Singapore on the Crypto Market and the Valuations of XRP and VC Spectra
On September 25, 2023, news broke that Tether had altered the ToS for its clients in Singapore. How does this news affect the crypto space in Singapore and generally? We will also examine the effect of this new development on the XRP (XRP) and VC Spectra’s (SPCT) price movements.
Singapore seeks to amend Free Trade Zones Act to combat illegal trading activities
The amendments seek to enhance regulation and control of goods that flow through the FTZs. Read more at straitstimes.com.
76-year-old Dr William Wan raps in new Singapore Kindness Movement music video
A new Singapore Kindness Movement music video features senior consultant Dr William Wan rapping, and addresses public noise disputes and neighbourliness.
Singapore Reits hammered by interest rate fears as bond yields soar
While the higher-for-longer outlook for interest rates has mauled stock markets, the real estate segment, and in particular the Reits sector, has borne the full force of the sell-down this week. Many ...
9 in 10 S’porean finance leaders spend their time on manual back-office tasks
About 40% of finance leaders in Singapore prioritise investments in automation. 89% of finance leaders in Singapore spend more than half of their time on these manual back-office tasks significantly ...
In Singapore, a certificate to own a car now costs $106,000
FILE PHOTO: Cars for sale are parked at used car dealerships in Singapore October 17, 2022. REUTERS/Edgar Su/File Photo TOKYO (Reuters) -Japanese authorities refrained on Wednesday from disclosing ...
Fintech Ripple Now Fully Licensed to Offer Digital Payment Token Services in Singapore
Earlier this year, Ripple received in-principle approval of its Major Payments Institution (MPI) license application from the Monetary Authority of Singapore (MAS). Four months on, Ripple is pleased ...
UOB joins LCH as a member of SwapClear and ForexClear
The bank’s inclusion marks the completion of all Singapore local banking groups joining as direct members of SwapClear.
S-REITs not yet in vogue, DBS continues to favour industrial and retail subsectors
Although the US Federal Reserve’s (Fed) guidance of tighter monetary conditions is restricting Singapore REITs (S-REITs) near-term re-rating potential, DBS Group Research analysts do not see major ...
The 20 best Amazon Prime Day Singapore deals to shop now
Shoppers are in for a treat as Amazon Singapore launches its inaugural Prime Big Deal Days event on Oct 10 and 11, 2023. Similar to its Prime Day Singapore sales event, which debuted in July 2018, ...
UOB forms sustainability advisory panel
Singapore-based UOB has set up a sustainability advisory panel comprising sustainability and industry experts to independently advise the bank’s board and management on its sustainability strategy, ...
Singapore business park vacancy hits record highs since 2014
The vacancy rate rose to 19.4% in Q2. A Savills report recently revealed that Singapore’s islandwide vacancy level for business parks worsened again for the third consecutive quarter, rising by 0.7 of ...
Elderly Singapore man pays US$51,000 for imaginary Peking duck as scammers steal his life savings
The 74-year-old said he was attracted by a deal on Facebook offering 1.5kg of Peking duck for the equivalent of US$17.30. It ended up costing him almost US$51,000.
Singapore Defends Reputation As $2 Bn Money Laundering Case Widens
Reports that China had put any pressure on Singapore to resolve the case were "completely untrue," she added. Second Minister of Finance Indranee Rajah said an inter-ministerial committee will be ...