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.
DBS keeps ‘buy’ call on Singtel following long-awaited divestment of loss-making Trustwave
According to Singtel, the divestment is expected to be completed by the fourth quarter and will not have a material impact on its FY2024 ending March 2024. In its Oct 2 note, DBS points out that ahead ...
Qantas: Why police are NOT investigating a passenger’s disturbing threats that forced a Singapore-bound flight to make an emergency landing in Darwin after he started downing …
Police have revealed there will be no further investigations after a Qantas flight to Singapore was forced to make an emergency landing in Darwin when a a 'drunk' man started making threats. The ...
Singapore Spac Vertex Technology to buy Taiwanese streaming platform for up to $925 million
SINGAPORE - Temasek-backed Vertex Technology Acquistion Corporation (VTAC), the first Spac listing on the Singapore Exchange (SGX), has inked a deal to buy Taiwanese live streaming platform 17Live for ...