SINGAPORE’S overall factory activity grew more slowly in June, even as business conditions in the region appeared to be more favourable. Read more at The Business Times.
Paxos gains approval for Singapore stablecoin launch with DBS partnership
Paxos has received regulatory approval from the Monetary Authority of Singapore to launch a stablecoin, partnering with Southeast Asia’s largest bank, DBS, for banking services. This marks Paxos’ ...
Singapore ups crypto exchanges risk factor under new law update
Singapore has updated its Terrorism Financing laws, raising the risk level for crypto exchanges to medium-high. This move aims to prevent terrorist groups from exploiting the nation’s economic ...
Woman regrets resigning her job and leaving Singapore after finding food in Canada more expensive
SINGAPORE: A woman who relocated from Singapore to Canada took to social media to express her regret, especially after seeing how expensive certain food prices are in Canada. A Facebook (FB) user, ...
Singapore: Over 17 years’ jail for woman, 73, who abused family friend almost to death
A 73-year-old woman who, together with her family, abused an intellectually disabled woman they treated like a slave has been sentenced to 17 years and 10 months’ jail.
Daily roundup: Ninja Van cuts 5% of workforce in Singapore – and other top stories today
Stay in the know with a recap of our top stories today. 1. Ninja Van cuts 5% of workforce in Singapore Logistics technology company Ninja Van has laid off 5 per cent of its workforce in Singapore, it ...
Singapore will not direct GIC to invest in locally listed companies: Chee Hong Tat
SINGAPORE - Singapore will continue to find ways to improve the attractiveness of Singapore’s equity market, but it will not direct sovereign wealth fund GIC to invest in locally listed companies, ...
Singapore banks lead uptick; STI up 0.9%
SINGAPORE stocks continued on their uptick on Tuesday (Jul 2), following gains by the local banks. Read more at The Business Times.
Singapore banks surge to record highs on Tuesday
THE share prices of the three local banks traded at record highs on Tuesday (Jul 2) after the midday break, with OCBC and UOB breaching all-time records after an initially mixed showing at the opening ...
Proposed law to allow Singapore courts to order the sale of seized properties linked to criminal activities
This will allow law enforcement agencies to cut back on maintenance costs and preserve the value of the seized properties, says the Ministry of Home Affairs.
Singapore introduces Bill to tackle money laundering, recovery of assets
SINGAPORE has introduced a new Bill to improve the ability of law enforcement agencies to prosecute money laundering and deal with properties linked to suspected criminal activities. Read more at The ...
Usha Chandradas on Bills to strengthen Singapore’s anti-money laundering regime
NMP Usha Chandradas voiced support for the Corporate Service Providers Bill, which requires corporate service providers and qualified individuals who provide or supervise the provision of corporate ...
DBS Bank Enters Stablecoin Custody Space in Singapore
Singapore's largest bank, DBS Group Holdings, has announced its entry into the cryptocurrency industry with stablecoins.
Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
Digital asset company Paxos received Monetary Authority of Singapore approval to offer digital payment token services, enabling it to issue stablecoins. DBS will be the company's banking partner for ...
“The Asia-Pacific RWA Tokenization Platform” 2024 Biannual Forum is being held in Singapore: The Real Application Moment of RWA is Approaching
Pacific RWA Tokenization Platform (APRTP-Asia-Pacific RWA Tokenization Platform) held its 2024 Biannual Forum at the Singapore Sands Convention Centre. Two world-class bank and bank-backed ...
Sony Ventures Into Crypto With Purchase Of WhaleFin Exchange
Sony ventures into the crypto market with the purchase of WhaleFin Exchange. Discover what this move means for the industry and Sony's future in digital assets.