A general manager was fined $890,000 and sentenced to 33 months’ jail for customs offences on Sept 25 after pleading guilty to illegally removing uncustomed goods as well as importing them. Read more ...
Singapore Stopover Guide: How To Spend 72 Hours In The Country
One of the most multicultural and dynamic cities in the world, Singapore is the perfect place to spend a long weekend.
Singapore Savings Bond 10-year average yield hits year-to-date high of 3.32%
THE average return per year for the latest tranche of the Singapore Savings Bond (SSBs) has reached a new year-to-date high of 3.32 per cent. Read more at The Business Times.
Parliament to hear three ministerial statements on Singapore’s anti-money laundering efforts
SINGAPORE: The recent billion-dollar money laundering case will be addressed in three ministerial statements at the next Parliament sitting on Tuesday (Oct 3).
Singapore SPAC Vertex Makes S$925 Million Play for Livestreaming Company
A blank-check company from Singapore plans to acquire a Taiwan-based social-entertainment platform in what would be the first such acquisition in the city-state.
Unemployment support in Singapore likely to come with conditions such as skills upgrading: Economists
To prevent abuse of the system, unemployment benefits could be restricted to those who lost their jobs under involuntary circumstances and not due to poor work performance, economists say.
Ageing Singapore offers a blueprint for action By Rahul Malhotra, Duke-NUS Medical School
Singapore's population is ageing at an unprecedented rate. While it has not solved the whole puzzle associated with that issue, it has taken concrete steps that might offer a blueprint for
Singapore stocks end first trading day of Q4 in red, STI down 0.3%
Across the broader market, decliners outnumbered advancers 200 to 184, with 950.5 million securities worth $782.9 million changing hands Read more at straitstimes.com.
MAS working with DBS to find cause of PayNow disruption
The regulator is also following up on the bank's handling of affected customers and transactions. Read more at straitstimes.com.
Coinbase stock leaps after crypto exchange wins key license in Singapore
The license confers not only Coinbase's status in what is now Asia's crypto market hub, following bans on trading and payments in China and other regional economies, but also its commitment to ...
Crypto exchange Coinbase gets Singapore payments licence
The Singapore arm of cryptocurrency exchange Coinbase said on Monday it had obtained a Major Payment Institution (MPI) licence from the city-state's central bank. The licence, granted by the Monetary ...
Are SPAC Deals Still Happening? Yes—In Singapore, at Least
It took about two years for the Singapore Exchange to have its first de-SPAC transaction—long after the global bubble for special purpose acquisition companies burst. Vertex Technology Acquisition, which is backed by the venture-capital arm of Singapore's Temasek Holdings,
Singapore picks up speed in digital asset, blockchain race as firms look to expand
In just the last two weeks, a number of tie-ups between Web3 and non-Web3 firms were announced. Read more at straitstimes.com.
Coinbase secures major payment institution license in Singapore
In a significant move for the cryptocurrency industry, Coinbase, a leading crypto exchange operator, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS).
Man, 74, loses $70k life savings to scammer who told him he ‘had a lot of wisdom and experience’
For six hours, a 74-year-old man chatted online with a friendly roast duck seller he met on Facebook, only to find his life savings almost wiped out soon after. Read more at stomp.straitstimes.com ...
Woman in S’pore loses over RM380,000 after downloading third-party app to buy durian tour ticket
A part-time bakery worker lost over US$81,000 (RM381,307 or S$111,000) to scammers who siphoned money from her two DBS bank accounts after infecting her Android phone with malware.