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Month: October 2024

Posted on 30/10/2024

Gemini grabs ‘In-Principle Approval’ for Singapore license, despite recent struggle

Cryptocurrency exchange Gemini has received In-Principle Approval (IPA) for a Major Payment Institution license application in Singapore.

Posted on 30/10/2024

Singapore pumps another $332M into attracting deep tech investors

The funds will look to attract global VC firms to invest in Singapore-based deep tech startups with the potential to scale internationally.

Posted on 30/10/2024

Singapore investors can now trade depository receipts of 5 Hong Kong blue chips on SGX

The Singapore Exchange (SGX) on Oct 30 announced that it is extending its Singapore Depository Receipt (SDR) coverage to include five Hong Kong-listed companies. These are Chinese tech giants ...

Posted on 30/10/2024

Gemini gets initial nod to offer crypto services in Singapore

Gemini receives in-principle approval from MAS, marking a major step towards offering regulated crypto services in Singapore.

Posted on 30/10/2024

Fall in hiring, wage expectations among companies for Q4: Singapore advance estimates

However, the manpower ministry expects employment to continue to expand in the next quarter and the labour market to remain tight.

Posted on 30/10/2024

Study finds Russian link to website blocked by Singapore government

The study showed that the domain name of Alamak.io has links to 5plus1.ru, which is linked to Russian communications agency 5+1 Media.

Posted on 30/10/2024

Analysts bullish on CLAR, OCBC increases TP to $3.32

Post 3QFY2024, CLAR has announced the divestment of its 21 Jalan Buroh property in Singapore at a divestment price of $112.8 million, a significant premium of 93.2% and 67.1% to both the asset’s ...

Posted on 30/10/2024

Singapore looks to Australian outback to power shift to sustainable energy

Singapore is a step closer to importing solar energy from Australia via a huge undersea cable, after giving green light to ambitious project that could provide solution to other countries that are try ...

Posted on 30/10/2024

How to Choose the Right Employer of Record for Your Business in Singapore

Singapore is calling your business, but is your business ready to answer?  This would be the perfect platform to grow as Singapore has a booming economy and is strategically located. However, here is ...

Posted on 30/10/2024

Singapore digital economy shrank 2.3% in 2023; efforts to help SMEs adopt generative AI underway: IMDA

SINGAPORE’S digital economy shrank 2.3 per cent in nominal terms to account for S$113.2 billion of the nation’s gross domestic product in 2023, down from S$115.9 billion in 2022. (*See clarification ...

Posted on 30/10/2024

World’s best airport reveals new passport-free technology – where you clear security in 10 seconds

THE world’s best airport has just got better – with new technology letting you whizz through security. Singapore’s Changi Airport if often named the best airport in the world, ...

Posted on 30/10/2024

Singapore’s digital economy made up 17.7% of GDP in 2023

The digital economy exceeds the financial services and insurance sectors in size, said IMDA. Read more at straitstimes.com.

Posted on 29/10/2024

OKX names Standard Chartered as institutional third-party custody partner

OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the appointment of Standard Chartered, a leading international cross-border bank connecting the world’s ...

Posted on 29/10/2024

Bank of Singapore, iCapital launch alternatives platform

Bank of Singapore, the private banking arm of OCBC, has collaborated with global fintech firm iCapital to launch an alternative investment digital platform, FIM Alternatives Select, for the bank’s ...

Posted on 29/10/2024

UK’s wealthy ‘non-doms’ set sights on Singapore over Budget tax threat

WEALTH managers are seeing increasing interest from ultra-rich foreigners looking to relocate to Singapore from the UK, bringing with them a fresh influx of wealth, market watchers told The Business ...

Posted on 29/10/2024

Winklevoss Twins’ Gemini Wins Singapore Approval for Crypto Expansion

Gemini secures major regulatory approval in Singapore, expanding its global footprint. The Winklevoss-owned crypto exchange will be able to offer cross-border crypto transaction services. Singapore ...

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