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Category: BUSINESS

Posted on 28/01/2024

KPMG leaders say tax regime needs to be fine-tuned for Singapore to remain appealing: Budget 2024

Ajay Kumar Sanganeria and Mark Addy of KPMG Singapore call for clarity around tax credits, grant funding among others.

Posted on 28/01/2024

Here’s why business leaders worldwide choose Singapore for their careers, lives, and global reach

According to the 2023 World Happiness Report, Singaporeans’ quality of life is among the best worldwide, ranking 25 th as the happiest country in the world. And recently, it also ranked at the top as ...

Posted on 27/01/2024

Fresh off the boat: Singapore’s chicken supplies get a boost, in a world of food disruptions

Before Malaysia’s export ban from June to October 2022, it was the only country Singapore had approved for the import of live chickens. So when the ban happened, “my blood pressure was at 190”, ...

Posted on 26/01/2024

Co-founder of crypto hedge fund Three Arrows Capital says life in Singapore prison was ‘enjoyable’, ‘good’ for everyone to experience once

Zhu Su, one of the co-founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital, has described his time in Singapore prison as ...

Posted on 26/01/2024

Crypto, Securities Laws, and Judge Rakoff’s SEC v. Terraform Labs Decision: A Split Among Judges of the SDNY?

Judge Rakoff held that there was “no genuine dispute” that the issuances of four (4) crypto assets created by Terraform Labs Pte. Ltd. (“Terraform Labs”), a Singapore-based company, constituted ...

Posted on 25/01/2024

Bakkt Crypto Trading Expands Footprint in LatAm and Southeast Asia

Bakkt has established crypto trading and onramp capabilities in Brazil, Guatemala, Spain, Singapore and Hong Kong.

Posted on 25/01/2024

Global Crypto Bank Raises $40M+ Funding, Amid Positive Q4 2023 Results

Global cryptocurrency bank Sygnum secures $40 million in funding, surpassing expectations by $5 million, amid positive recent results.

Posted on 25/01/2024

Toobit Reinforces Global Leadership in Crypto Exchange with Strategic Executive Appointments

In a landmark event that crafts a new chapter in the crypto exchange industry – Toobit, the world's leading cryptocurrency exchange platform–held its MOU signing ceremony, "Uniting through Leadership, ...

Posted on 25/01/2024

KPMG Singapore calls for tax reform in 2024 Budget

SINGAPORE: Professional services firm KPMG Singapore has called for specific tax reforms for the upcoming national budget in light of Singapore’s adoption of the OECD’s Base Erosion and Profit ...

Posted on 25/01/2024

Sygnum defies Crypto Winter and grows valuation on $40 million fund raise

Swiss digital asset bank Sygnum has raised $40 million in an over-subscribed growth financing round.

Posted on 25/01/2024

Crypto Bank Sygnum Raises $40 Million for Expansion and Mergers

Crypto bank Sygnum AG secures $40 million at a valuation of $900 million in a Azimut Holding-led strategic funding round.

Posted on 25/01/2024

Singapore Exchange Bitlink to Launch in Nigeria

Based on report, Singapore Bitlink Exchange, a crypto trading platform is entering into Africa, with Nigeria as its starting point. Their mission? To further build the adoption of Web3 across Africa ...

Posted on 25/01/2024

Swiss Crypto Bank Sygnum Inches Closer to ‘Unicorn’ Status With $40M Raise

“The broader industry is emerging from the ‘crypto winter,’ and investors and market participants are increasingly seeking to partner with trusted and well-managed financial institutions,” Gerald Goh, ...

Posted on 25/01/2024

Crypto bank Sygnum raises $54 million for expansion plan

Some market players are hoping the bearish crypto market will bounce back in 2024 as more institutional investors enter the scene and regulations in key markets emerge. In November 2023, Sygnum ...

Posted on 25/01/2024

Bakkt Crypto Capabilities Activated Across Multiple International Regions

Starting today, Bakkt crypto trading is also live in Hong Kong and Singapore with digital brokerage SogoTrade. The companies plan to jointly launch these crypto trading capabilities in additional ...

Posted on 25/01/2024

Amount in crypto stolen via hacking fell in 2023 but number of cases on the rise

The firm on Jan 24 said global funds stolen via crypto hacking plunged by about 54.3 per cent to US$1.7 billion (S$2.3 billion) in 2023 compared with the year before. However, the number of individual ...

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