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Category: BUSINESS

Posted on 20/08/2025

Ex-Goldman trader and NUS alumnus Qin Xiao starts Singapore hedge fund, gets $1.3b allocation

Mr Qin joins a growing cohort of big-name traders winning allocations from multi-strategy hedge funds. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 20/08/2025

Aspire Launches Yield Solution for Singapore SMEs to Boost Idle Cash Returns

Aspire launches Yield accounts for Singapore SMEs, offering regulated investment access to manage idle cash with flexibility and no minimums.

Posted on 20/08/2025

Ripple’s policy team points the industry to 4 arms for crypto custody in Singapore

Ripple and Blockchain Association Singapore co-hosted a workshop on digital asset custody and stablecoins in Singapore.

Posted on 20/08/2025

Singapore’s higher retirement age keeps more seniors in workforce: study

Seniors’ employment rates have risen after Singapore hiked the retirement and re-employment ages in 2022, according to a new study.

Posted on 20/08/2025

What Makes Singapore a Tax Haven? – MSN

For tax year 2024 and beyond, the highest marginal rate is 24% at an added top bracket for income above S$1 million. Generally, Singapore does not tax capital gains.

Posted on 20/08/2025

Volkswagen Singapore Rolls Out Bitcoin Payments in Landmark Fintech Partnership

Through the partnership, VGS customers can now settle transactions using Bitcoin (BTC), Ethereum (ETH), and stablecoins such as Tether (USDT) and USD Coin ...

Posted on 20/08/2025

Singapore seals carbon credit deal with Thailand, its first South-East Asian partner

SINGAPORE: Thailand has become the first South-East Asian country to finalise a carbon trading agreement with Singapore, paving the way for the Republic to buy carbon credits generated there.

Posted on 19/08/2025

Scope for deeper Thailand-Singapore partnerships in digital, tech industries: Tan See Leng

BANGKOK] While 60 years of bilateral relations between Singapore and Thailand have brought tangible growth and investment to both economies, the countries will continue to focus on key digital and ...

Posted on 19/08/2025

Popular automaker rolls out crypto payments for customers

Volkswagen Group Singapore (VGS) has teamed up with FOMO Pay, a major payment company, to let people pay for their cars and services via digital currency. This is the first time an automotive ...

Posted on 19/08/2025

True Global Ventures Secures Expanded MAS License, Paving Way for Crypto Funds

True Global Ventures 4 Plus (TGV) has secured a Capital Markets Services license from the Monetary Authority of Singapore.

Posted on 19/08/2025

China Merchants Bank (CMB) has introduced a 24/7 crypto trading platform in Hong Kong

CMB International Securities Limited, a subsidiary of China Merchants Bank (CMB), one of China’s largest banks with over $1.7 trillion in assets, has launched a cryptocurrency exchange in Hong Kong.

Posted on 19/08/2025

Asian crypto traders profit from Trump’s win, China’s 2025 CBDC …

Just last week, Coinbase’s US rival exchange Gemini revealed it had received in-principle approval for Singapore’s crypto business license — one that Coinbase obtained back in October 2023.

Posted on 19/08/2025

Volkswagen rolls out crypto payments for customers

VGS, the authorized distributor for Volkswagen, Skoda, and CUPRA, announced on August 14 that the move was in response to rising consumer adoption of digital assets in Singapore, where approximately ...

Posted on 19/08/2025

Asean can fend off protectionism blow by boosting integration: Singapore Business Federation chief

The tools are all there and the opportunity for collective action has never been greater, says SBF chief. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 18/08/2025

Singapore key exports fall worse than expected in July as shipments to US plunge 42.7 per cent

SINGAPORE: Singapore's key exports dropped more than expected in July, reversing from a rebound in June, as front-loading of orders dissipated towards the end of US President Donald Trump's tariff ...

Posted on 18/08/2025

Singapore exports tipped for slower growth after worse-than-expected contraction in July

SINGAPORE] The Republic is poised for slower export growth in the second half of 2025, economists said, after last month’s numbers came in worse than expected. Read more at The Business Times.

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