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Category: BUSINESS

Posted on 12/04/2024

Hong Kong digital assets exchange warns over viability of city’s new crypto rules

Digital coins remain highly popular in Hong Kong despite links to a series of freewheeling practices in the past. Sam Bankman-Fried’s FTX was founded in the city, and Hong Kong was also the location ...

Posted on 12/04/2024

Singapore economic growth missed forecasts in first quarter

Singapore’s economy grew slower than expected in the first quarter, early data showed Friday, as a struggling manufacturing sector weighed on tourism spending from events including Taylor Swift’s ...

Posted on 12/04/2024

Crypto for Advisors: Are ETH ETFs Coming?

Market odds of approval in May are dwindling, but David Lawant and Purvi Maniar of FalconX say we’ll likely see an ETH ETF approval over the next 12-18 months.

Posted on 11/04/2024

askST: New to filing income tax? Here’s a guide

The deadline for those filing their income tax returns electronically is April 18. Read more at straitstimes.com.

Posted on 11/04/2024

Time to make it listed firms’ business to tackle undervalued shares to revive S’pore’s stock market

This is one of Sias’ 3 suggestions to tackle persistent undervaluation and bring confidence back. Read more at straitstimes.com.

Posted on 11/04/2024

Singapore loses appeal as MNC regional headquarters of choice, says report

The report said Nissin Foods Holdings in 2020 moved its Southeast Asian headquarters from Singapore to Thailand, which is also working to lure multinationals through tax incentives.

Posted on 11/04/2024

Malaysia and Thailand are giving Singapore competition in attracting multinational companies

Due to lower operational costs and more tax incentives, other nearby countries are becoming more attractive to Japanese and European companies ...

Posted on 11/04/2024

ADB sees Singapore growth accelerating and inflation slowing in 2024 to 2025

ADB said the Singapore economy will grow 2.4 per cent in 2024, up from 1.1 per cent in 2023. Read more at straitstimes.com.

Posted on 11/04/2024

More robust laws will help, not hurt, Singapore’s business-friendly reputation

BEING a country known for its business-friendly environment has its perks but is not without peril, as recent high-profile criminal cases ...

Posted on 11/04/2024

Three-quarters of German arms exports sent to Ukraine

From 1 January to 27 March, the German government approved the export of military goods worth at least €4.89 billion, nearly three-quarters of which – 72% or €3.54 billion – is intended for Ukraine.

Posted on 10/04/2024

Hong Kong Considers Changing Tax Rules to Lure Private Credit Business

Hong Kong’s government is considering new tax rules that would give more favorable treatment to popular alternative investments including private credit and infrastructure, according to people ...

Posted on 10/04/2024

IOTA targets RWA and DeFi traction with major program in Singapore

IOTA Foundation has revealed a key program aimed at promoting the Real-World Asset (RWA) tokenization ecosystem on IOTA. The 12-week Accelerator is a collaboration with early-stage venture capital ...

Posted on 09/04/2024

Crypto.com Obtains Full Dubai Operational License

The firm said the development makes it a first for a global crypto firm to be operational with fiat in the UAE. Singapore-based digital asset exchange Crypto.com has received full operational approval ...

Posted on 09/04/2024

India’s NCEL to export 1,600 tonnes of white rice to Singapore

India’s National Cooperative Export Ltd, jointly owned by India’s five top cooperative organisations, will export 1,600 tonnes of white rice to Singapore following successful negotiations with the ...

Posted on 09/04/2024

S’pore-based exchange Crypto.com taps super rich traders to lift business

COO Eric Anziani said the exchange is partnering tax agencies to provide guidance on topics like inheritance and taxes. Read more at straitstimes.com.

Posted on 09/04/2024

Multi-strategy hedge funds in Hong Kong and Singapore are booming. Here’s why they’re tapping the Middle East to get to the next level.

New launches and long-time players in Singapore and Hong Kong are looking westward as they expand.

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