SIX single-family office (SFO) funds that had been awarded tax incentives by the government have been linked to individuals convicted in Singapore’s biggest money laundering case, or their spouses.
New data from FourKites: shipping delays at port of Singapore
By Mike DeAngelis, FourKites Senior Director, International Solutions.
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 ...
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.
Investments from GIC ‘not the solution’ to shake up Singapore’s stock market: Chee Hong Tat
Doing so will compromise our objectives of setting up GIC, which is not beneficial for Singapore and Singaporeans,” says Transport Minister and Second Minister for Finance Chee Hong Tat.
Customs officers find contraband cigarettes worth over $800k in unpaid taxes; 3 men arrested
Singapore Customs officers seized a total of 7,500 cartons of duty-unpaid cigarettes. Read more at straitstimes.com.
MSCI Singapore index’s uptrend likely to stay intact in next few months: CGS International
“The index’s uptrend has stayed intact for the past six months, since rebounding from its December 2023 low of 268.72 points, and is likely to maintain its upward trajectory for the next three to six ...
This S’porean left the crypto industry to grow her family’s homemade rice wine business
Instead, she chose to grow Ye Traditions, her family’s then-new rice wine business that’s backed by traditional Chinese medicine (TCM). Now I know what you’re thinking, why would she do that?
Singapore stocks rose on Tuesday—STI increased by 0.2%
SINGAPORE: Singapore stocks rose on Tuesday, July 2, influenced by overnight gains in the US and European markets. The Straits Times Index (STI) increased by 6.37 points or 0.2%, reaching 3,344.94 by ...
Most Singapore companies not fully measuring Scope 3 emissions; understanding is low: study
ONLY 6 per cent of Singapore business leaders said that their organisation is fully measuring and analysing Scope 3 emissions – the carbon emitted along a company’s value chain – said a study released ...