Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services. The Monetary Authority of Singapore (MAS) has announced that it will now regulate ...
Singapore Expands Digital Asset Regulation To Include Token Custody And Fund Transfers
In a move to further regulate the digital asset industry, Singapore has broadened its regulatory framework to encompass the custody of tokens and additional firms involved in fund transfers. What ...
Singapore Expands Payment Services Act To Include Crypto Custody, Transfers
Singapore was among the jurisdictions that established regulations for the cryptocurrency industry utilizing a consultative approach that crypto observers lauded. It is known as a digital asset hub ...
Singapore Updates Crypto Laws for Enhanced Safety
Singapore's MAS tightens regulations on the crypto sector, expanding oversight to cover digital payment tokens and strengthening user protection.
Worry over ‘vaping generation’ in Singapore as vaping offences surged in 2023
The purchase, use or possession of vapes in Singapore in 2023 jumped to about 7,900 cases, from about 5,000 cases in 2022 and 4,700 cases in 2021.
Firms fined in Singapore for breaching food safety rules
Three companies were fined recently in Singapore for violating food safety regulations. Lee Peng Hwa, proprietor of LPH Catering, was told to pay SG ...
Singapore aims to be the “World’s Best MICE City” with New Campaign
Discover how Singapore's new campaign cements its status as the top MICE city, aiming for impactful, lasting business event legacies.
UPDATE 2-Singapore hands down first conviction in $2.2 billion money laundering case
SINGAPORE, April 2 (Reuters ... "Investigations revealed that Su Wenqiang was involved in an unlawful remote gambling business based in the Philippines, which offered its remote gambling services to ...
Singapore gears up for major campaign to revitalise nature, carbon markets
Big names are set to descend on the city-state this month for an annual conference dedicating a full day to discuss financing and regulations for protecting forests and biodiversity, amid challenges ...
84% of Singaporeans use mobile apps and digital services for daily activities: Study
SINGAPORE: A new study from Yahoo Singapore and Milieu Insight shows that more and more people in Singapore are using mobile apps and digital services frequently in their daily lives. The study, ...
Singapore Market gains 0.4%
At closing bell, the Straits Times Index (STI) index was up 12.83 points, or 0.4% to 3,247.72 after trading between 3,230.48 and 3,252.82. Volume of 2.15 billion shares worth S$1.04 billion changed ...
Singapore jails money launderer for 13 months
SINGAPORE - The first person to plead guilty in the biggest money-laundering case in the history of Singapore has been sentenced to 13 months in jail. ( read original story ...)
A majority of renters aiming for 100% green property portfolios: survey
Eight in ten occupiers-- those who rent property-- in Singapore are targeting 100% green certified portfolios by 2030, according to a study conducted by global real estate firm, JLL. The study ... ( read original story ...)
First man convicted in Singapore billion-dollar money laundering case
SINGAPORE: The first suspect to plead guilty in Singapore's largest money laundering case was convicted and sentenced to 13 months' jail in a district court on Tuesday (Apr 2). Su Wenqiang, 32, ...
OCBC cross-border QR payments to quadruple in 2024 on China tourist wave
The OCBC Digital app saw monthly growth averaging 65% up to 80% in 2023, which the bank attributed to it being the first in Singapore bank to offer five cross-border QR payment products in its mobile ...
Rally in equities to broaden with energy and healthcare sectors benefitting, says DBS CIO
At this point, the CIO prefers bonds to cash due to their 5% yield, which provides consistent cashflows into a portfolio.