SINGAPORE – Users of multi-currency mobile wallet YouTrip can now make overseas transfers to recipients in more than 40 countries. In a blogpost on March 3, YouTrip said the countries include Malaysia ...
US trade rules breached? Singapore detains three in Nvidia GPU crackdown
Singapore has arrested three for alleged fraud in re-exporting Nvidia GPUs to China's DeepSeek, raising US trade concerns over possible breaches of export restrictions ...
Committee of Supply 2025 debate, Day 3: Keith Chua on IPOS’ support for SMEs and Singapore as an arbitration hub
Many small- and medium-sized enterprises (SMEs) may not be aware of the opportunity to unlock the value of their intangible assets and intellectual property rights. Successful businesses should ensure ...
MHA warns public against scammers who ‘pivoted playbook’ to evade banking safeguards, target crypto assets
Scammers have "pivoted their playbook" as bank accounts become more protected, said Minister of State for Home Affairs Sun Xueling on Tuesday (March 4). Speaking during the Ministry of Home Affairs' ...
Why analysts are divided over Trump’s crypto reserve announcement
Investment bank TD Cowen expressed skepticism about the plan, calling it "uncoordinated" and lacking clarity on funding.
Singapore considers caning for serious scam offences
She was responding to a Member of Parliament, who asked whether caning should be legislated for serious scam-related offences during the debate on the Home Affairs Ministry (MHA)
Committee of Supply 2025 debate, Day 3: Zhulkarnain Abdul Rahim on Singapore’s position as a dispute resolution hub
Singapore has firmly established itself as a leading international dispute resolution hub, but it cannot rest on its laurels. Various other jurisdictions have made significant developments and there is new competition for talent and disputes,
Singapore exploring use of tech to autonomously disrupt websites used for scams, malicious cyber activity
The effort takes place amid an increasingly complex threat landscape, with criminals exploiting technology, like artificial intelligence, to carry out more sophisticated crimes and target more victims ...
Singapore considering caning as punishment for some scam offences
The Singapore Government will consider caning as punishment for some scam-related offences, given the serious harm they cause and with scam losses here hitting a record high in 2024.
Children, students in SE Asia to benefit as UOB pledges $30m for education and support
The initiative will help through four key programmes providing digital learning tools, financial aid and scholarships. Read more at straitstimes.com.
US servers in Singapore fraud case may contain Nvidia chips, minister says
By Bing Hong Lok SINGAPORE (Reuters) -Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia's advanced chips, a government minister ...
Singapore’s manufacturing indicators post back-to-back deceleration for first time in almost two years
Leading indicators for Singapore's manufacturing sector posted back-to-back deceleration for the first time in almost two years.
As share price dives, electronics services provider NationGate denies involvement in Singapore Nvidia fraud case
Penang-based NationGate Holdings Bhd has today denied that it is the company involved in the fraudulent movement of Nvidia chips from Singapore to be used by Chinese AI firm DeepSeek. The electronics ...
Nvidia’s unofficial exports to China face scrutiny after arrest of silicon smugglers in Singapore
Authorities in Singapore last week detained three individuals on charges of deliberately misrepresenting the final destination of U.S.-manufactured servers.
HARD NUMBERS: Singapore busts chip scofflaws, Israel’s West Bank crackdowns continue, EU asylum applications fall, Golden Arm flexes for final time
Singapore arrested three men accused of flouting US export controls on advanced NVIDIA microchips. The suspects were caught exporting servers containing the chips from Singapore to Malaysia, where ...
Nvidia’s stock sinks, wiping out six months of gains as the AI trade unravels
AI stocks in general are taking a beating Monday, but some Nvidia-specific issues are also worrying investors.