The Monetary Authority of Singapore (MAS) has announced a multipronged effort to advance the commercialization of asset tokenization. To achieve its goals, the MAS has drawn from various projects and produced new frameworks to provide guidance.
Singapore Pushes for Commercialization of Tokenization
The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors.
Singapore Advances Tokenization of Assets With New Frameworks
The Monetary Authority of Singapore (MAS) has introduced two new frameworks aimed at enhancing the commercialization of asset tokenization in financial markets.
Singapore’s central bank sets the stage for global asset tokenization boom
Singapore is priming the world for increased tokenization of financial services. In a recent Monetary Authority of Singapore (MAS) media release, the MAS announced the rollout of Project Guardian, a ...
Singapore’s ex-broker gets 9-month jail sentence for stock manipulation
A former Singaporean stockbroker has been sentenced to nine months in jail for manipulating the Singapore Exchange to gain SGD$255,385 (US$194,000) illegally.
Escape Singapore’s City Life At This Hidden Island Full Of Wildlife And Lush Scenery
Skip the city and experience Singapore like a local by visiting this island that's just a 10-minute boat ride away. You'll be immersed in history and nature.
Singapore Gulf Bank launches corporate banking services
Real-time settlement capabilities, fully remote onboarding will support businesses in the global economy ...
DBS issues green loan of ‘about $60 mil’ to Rexus Bioenergy to finance waste wood power plant in Jurong
As financial adviser, DBS says it provided an “end-to-end service” to Rexus Bioenergy, and advised them on project finance structuring, due diligence and modelling workstreams. “The development is ...
Changi Airport Group loses appeal to have tax break for $270m spent on assets like runways
SINGAPORE - Changi Airport Group (CAG) has lost an appeal to have a tax break for $270m spent on assets over three years. In dismissing the appeal, Justice Choo Han Teck said the assets – two runways ...
Google’s Tax Tricks: How They Pay Pennies on Billions in Korean Revenue
Google Korea CEO Kim Kyung Hoon faced the National Assembly over tax evasion allegations, asserting the company complies with tax laws.
Singapore Airlines to spend $835 million upgrading long-haul Airbus A350 cabins
Singapore Airlines will spend 1.1 billion Singapore dollars ($834.66 million) to upgrade all classes on its 41 Airbus A350-900 long-haul and ultra-long-range planes by the end of 2030, the airline ...
Singapore unveils new anti-money laundering measures, including inter-agency data-sharing
New measures unveiled to address money laundering in Singapore will see more inter-agency data sharing, as well as inactive companies struck off and businesses roped in to 'red-flag' suspicious ...
Dennis Uy to cede control of DITO as Singapore investor expands stake
MANILA, Philippines — Davao-based tycoon Dennis Uy is set to lose control of DITO CME Holdings with an investment from a Singapore-based company. In a report filed to the Securities and Exchange ...
SIA to invest $1.1 bil in Airbus A350 cabin refitting programme
The airline is set to showcase new business class seats in all 41 aircraft, which are also expected to feature on SIA’s upcoming Boeing 777-9 aircraft.
Niva Bupa IPO: Fresh Issue Will Help Solvency, Growth; OFS To Accommodate FIIs
Niva Bupa has set a price band of Rs 70-74 per share for its IPO that will open for subscription later this week.
UOB FinLab Awards Over S$100,000 Funding for GreenTech Pilots Across ASEAN
UOB FinLab, the innovation accelerator of United Overseas Bank, has awarded over S$100,000 in funding to GreenTech firms.