Singapore tops global generative AI (GenAI) adoption with 59% of businesses using it, Vodafone reported. However, less than half, or only 45% of customers feel that companies use technology in a way ...
AFTER 17% surge in last fiscal year, Singapore’s tax revenue expected to rise at slower pace in FY24/25
AFTER rising 17 per cent to a new high in the last fiscal year, Singapore’s tax revenue is expected to increase further this year – but more slowly, say tax specialists. Read more at The Business ...
Worldcoin says Singapore is not investigating its crypto project
P]ersons who buy or sell Worldcoin accounts and tokens as a business may be providing a payment service,” Yong added. Worldcoin has drawn legal and governmental scrutiny in ...
Singapore Is Shaping the Future of International Energy Markets
Singapore's leadership being sufficiently forward thinking enough to construct what was necessary to attract global energy giants, leveraging natural advantage for future economic success ...
Crypto Adoption Remains Steady Across US, UK with France and Singapore Also Experiencing Surge in Users – Report
Gemini is pleased to announce the release of the 2024 Global State of Crypto report, offering a comprehensive look at attitudes and behavior toward digital ...
Singapore’s Stablecoin Payments Reached $1B in Q2: Report
“From stablecoins and central bank digital currencies (CBDCs) to purpose-bound money (PBM), the global stance on digital currency adoption is becoming increasingly clear — and Singapore is no ...
Wholesaler fined $4,000 for illegally importing meat products into S’pore from China
SINGAPORE – Wholesaler Sinoh Trading was fined $4,000 on Sept 11 for illegally importing meat products into Singapore without a valid permit. The company’s sales manager, Zhang Lu, was also fined ...
Singapore carbon exchange restores sale of credits of Cambodian project after human rights review
AIR Carbon Exchange (ACX) will restore the sale of carbon credits from a Cambodian carbon project to its spot exchange, after carbon standards body Verra announced that it had reinstated the project ...
Crypto Payments in Singapore Near US$1 Billion, Fueled by Stablecoin Adoption
Singapore’s crypto market has seen a notable increase in crypto payments, with merchant services receiving nearly US$1 billion in crypto.
Singapore’s crypto ownership drops amid selloff: survey
More than 70% of past owners said they are likely to buy crypto next year.The survey polled 6,000 adults online from May to June across five countries: the U.S, the U.K., France, Singapore and Turkey.
Singapore Crypto Ban: Casinos Block Crypto Use Amid Money Laundering Fears
The country prohibits the use of cryptocurrency in casinos, promoting cashless gaming to mitigate money laundering risks.
S’pore professional and retail investors more active than institutional ones in crypto market: Study
It comes as cryptocurrency is gradually becoming more common as a payment method in Singapore. Read more at straitstimes.com.
Singapore to Allow Cashless Bets in Casinos, Except Crypto
Singapore will allow its two casinos to conduct cashless gaming under changes made to the Casino Control Act, but will not permit the use of cryptocurrencies, CNA reported, citing Minister of State ...
Singapore Investigating Seven People for Providing Worldcoin Services
Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on ...
Jail for ‘glorified secretary’ who facilitated crypto Ponzi scheme that scammed victims of $1.1m
Chen Wei, 43, was sentenced to 4 years’ jail and fined $6,000 for his role in the scam. Read more at straitstimes.com.
Pope lands in economic power Singapore after a joyous visit to impoverished, devout East Timor
The joyous encounter came just hours after around 600,000 people — or nearly half the population — packed a seaside park for Francis’ Mass. It was held on the same field where St. John Paul II prayed ...