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Category: BUSINESS

Posted on 05/08/2024

Singapore stocks fell on Monday—STI dropped 2.5%

Singapore stocks fell on Monday, Aug 5, influenced by a slump on Wall Street following a poor jobs report from the United States. The Straits Times Index (STI) dropped 2.5%, or 85.57 points, to ...

Posted on 04/08/2024

CNA Explains: Is vaping ‘getting out of hand’ in Singapore, and what can be done?

Vapes are currently banned in 34 countries. In Southeast Asia, besides Singapore, it's illegal in Laos, Brunei, Cambodia and Thailand. Thailand first banned vapes in 2014, but still saw a spike in use ...

Posted on 03/08/2024

Singapore’s Crackdown on China’s Copper King in Espionage Scandal

Singapore has taken a significant step in its fight against foreign interference. The country’s home affairs ministry has invoked a law on foreign interference against representative of Chinese Copper ...

Posted on 03/08/2024

How Singapore became a ‘Blue Zone 2.0’ by engineering a 20-year increase in lifespans

Singapore has been named a Blue Zone – a place with long life expectancy and lower rates of chronic disease. A longevity expert and elderly runners talk about how it has made ageing well easier.

Posted on 03/08/2024

US$40 million linked to email scam recovered by Singapore, Timor-Leste authorities and Interpol

SINGAPORE: More than US$40 million (S$53 million) have been recovered from a business email compromise scam in a multi-agency, cross-border effort.

Posted on 03/08/2024

Court dismisses investor’s $12m claim against Snap Innovations and founder of crypto platform Torque

SINGAPORE – The High Court has dismissed a US$9 million (S$12 million) lawsuit brought by a Greek investor against Singapore fintech firm Snap Innovations and businessman Bernard Ong, founder of ...

Posted on 03/08/2024

IN FOCUS: Countries around the world are battling overtourism. Could a hub like Singapore be next?

In extreme cases, locals have protested and hurled items at tourists, asking them to "go home". Not in Singapore, where visitor numbers aren't controlled.

Posted on 03/08/2024

MAS sets up review group to revitalise Singapore’s stock market

The panel will be chaired by Second Minister for Finance and MAS board member Chee Hong Tat. Read more at straitstimes.com.

Posted on 03/08/2024

Singapore shows the small can survive in the global AI arms race

Singapore also serves as a neutral ground in the politicized ... This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox.

Posted on 02/08/2024

Hong Kong crypto group’s trading arm gets Singapore digital asset licence

HashKey Technology Services can beef up its crypto trading offerings with the full licence. Read more at straitstimes.com.

Posted on 02/08/2024

HashKey Gets License for Crypto OTC Trading in Singapore

HashKey Digital Asset Group Ltd.’s over-the-counter trading arm secured a Major Payment Institution license from Singapore’s regulator, allowing it to offer digital payment token services, according ...

Posted on 02/08/2024

Singapore’s manufacturing recovery likely to broaden as it gains momentum

The rebound should quell concerns over the contraction in June industrial production Read more at straitstimes.com.

Posted on 02/08/2024

Singapore’s PMI rises in July, mirroring growth in region-wide factory activity

SINGAPORE’S overall manufacturing sentiment improved in July, as region-wide factory activity continued to grow. Read more at The Business Times.

Posted on 02/08/2024

Singapore Manufacturing PMI Picks Up in Sign of Upbeat Outlook

However, anecdotal evidence suggests that electronics manufacturers remained upbeat about sustained growth in the sector, said Stephen Poh, executive director at SIPMM. This was evidenced by the ...

Posted on 02/08/2024

HashKey OTC Secures Major Payment Institution License from Singapore’s MAS

HashKey OTC announced Friday that it received a Major Payment Institution (MPI) license from Singapore's regulatory authority.

Posted on 02/08/2024

Hong Kong crypto group’s trading arm gets S’pore digital asset licence

HashKey Technology Services will be able to beef up its crypto trading offerings with the full licence. Read more at straitstimes.com.

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