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Category: BUSINESS

Posted on 24/01/2025

Singapore HC rules to allow WazirX roll out scheme to distribute assets to affected users

The decision comes days after the Indian crypto exchange froze the first tranche of assets stolen in the July 2024 cyberattack.

Posted on 24/01/2025

Why don’t more countries import their electricity?

In ten years’ time Singapore wants to import a third of the power it consumes this way. At a time of rising geopolitical and trade tensions, it may seem mad to embrace dependence on other countries ...

Posted on 23/01/2025

WazirX gets Singapore court approval to repay victims of $235M hack

Indian cryptocurrency exchange WazirX has secured approval from the Singapore High Court for its restructuring plan, enabling the repayment of customer funds stolen in a massive cyberattack in July ...

Posted on 23/01/2025

About 860kg of illegally imported vegetables from Malaysia seized at Tuas Checkpoint

SINGAPORE – About 860kg of illegally imported vegetables from Malaysia were seized from a truck on Jan 22 at Tuas Checkpoint.

Posted on 23/01/2025

TOKEN2049 Singapore Exhibition Opportunities Sold Out: Limited Tickets Remain for the World’s Largest Web3 Event With 20,000 Attendees and 500+ Side Events

Exhibition space sold out a record month ahead of the world’s largest crypto event Speaker highlights include Binance CEO Richard Teng; Solana Founder Anatoly Yakovenko; Oracle Red Bull Racing Formula ...

Posted on 23/01/2025

What You Can and Cannot Bring into Singapore: A Guide for Travellers in 2025

Travelling to Singapore soon? Here's what you need to know about what you can and cannot bring into the country, including food and other controlled items.

Posted on 23/01/2025

Singapore actor Laurence Pang loses S$35,000 to online love scam in the Philippines

Veteran Singapore actor Laurence Pang, 78, lost close to 1.5 million pesos (S$35,000) after he was deceived by Mika, a woman he met on a dating site in late 2024, who led him to invest in a fake ...

Posted on 23/01/2025

I’ve lived in Dubai and started 2 companies in Singapore. Here’s how the cities compare on luxury lifestyle, business, and vibe.

Alessandro Palombo told BI Dubai and Singapore are both great cities for doing business, but a luxury lifestyle can look very different in each hub.

Posted on 22/01/2025

CBDT: Past investments from Mauritius, Singapore and Cyprus to be grandfathered under tax treaty

India will grandfather past investments from countries with which it has certain tax treaties including Mauritius, Singapore and Cyprus and the income tax department will not re-open these for ...

Posted on 22/01/2025

CBDT clarifies past investments under old tax treaties safe from PPT

CBDT clarifies PPT application, protecting past investments under India's tax treaties with Mauritius, Cyprus, and Singapore.

Posted on 22/01/2025

TikTok owner ByteDance asks expat employees to pay Chinese tax

TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk losing their ability to cash out on stock options, as Beijing steps up ...

Posted on 22/01/2025

Singapore’s prime minister warns of a ‘third world war’ if U.S. and China force rest of the world to pick sides

Fortunately, Singapore Prime Minister Lawrence Wong thought a full split was unlikely: "I can’t see how a full decoupling can happen at this stage." ...

Posted on 22/01/2025

Singapore needs foreigners to survive but ‘significant safeguards’ in place to protect local jobs: Tan See Leng

The manpower minister said this while addressing Singaporeans' concerns about job security in a radio interview with CNA938.

Posted on 22/01/2025

Azendian’s big push to get buildings in Singapore and abroad to go green

Bill Lee left the relative comfort of a senior position at one of the Big Four accounting firms to be an entrepreneur and develop a startup. Read more at The Business Times.

Posted on 22/01/2025

East Asia Forum issued Pofma order over multiple false statements relating to Singapore governance

Online academic platform East Asia Forum has been issued a correction order for publishing an article containing multiple false statements in relation to Singapore’s governance. They include the ...

Posted on 22/01/2025

Crypto Fears Ease in Asia as Officials Aim to Keep Up With Trump

Lawmakers in some of Asia’s key digital-assets markets are warming to the industry as Donald Trump’s pro-crypto agenda in the US ripples through the region.

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