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Category: BUSINESS

Posted on 10/01/2024

BitGo obtains in-principle approval in Singapore for digital asset license

California-based crypto custody business BitGo said it views Singapore as an important hub for crypto innovation.

Posted on 10/01/2024

McKinsey sees Singapore’s manufacturing constrained, services resilient

Advanced estimates showed GDP grew 1.2% in 2023. Even after growing faster than expected last year, Singapore’s economy may continue to face challenges with a sluggish global demand threatening its ...

Posted on 10/01/2024

Singapore MAS expands alert list with new crypto entities

In a significant development in cryptocurrency regulation, the Monetary Authority of Singapore (MAS) has expanded its scrutiny to include more entities in its Investor Alert List. The recent addition ...

Posted on 10/01/2024

Singapore, Dutch firms set to invest US$7 billion in India

SINGAPORE and Dutch firms are set to commit US$7.19 billion ... at the start of the three-day Vibrant Gujarat Global Summit where business leaders, chief executives and diplomats from 133 countries ...

Posted on 09/01/2024

Singapore proposes law to tighten controls over financing weapons of mass destruction

SINGAPORE is tightening controls over the financing of weapons of mass destruction, to comply with international requirements, under a Bill tabled in Parliament on Tuesday (Jan 9). Read more at The ...

Posted on 09/01/2024

Singapore stocks climb amid hopes of slowing US inflation, rate cuts; STI up 0.3%

SINGAPORE shares ended higher on Tuesday (Jan 9), taking the cue from Wall Street’s tech-led overnight gains and speculation of more stimulus from China. Read more at The Business Times.

Posted on 09/01/2024

Prizm Singapore on working with SMEs to discover new audiences and new brands on Xiaohongshu

By creating partnerships and building a strong network within the Xiaohongshu community, businesses can enhance their visibility and tap into the power of word-of-mouth marketing.

Posted on 09/01/2024

Raising business capabilities, Singapore’s attractiveness among Budget 2024 proposals | Video

The Singapore Business Federation and professional services firm KPMG Singapore have put forward suggestions for Budget 2024 that aim to give firms an edge when it comes to going digital and green.

Posted on 09/01/2024

Shell loses £3.5bn as it seeks to quit Singapore but gas earnings soar

Shell is trying to sell the refining and chemicals hub on Singapore's Bukom (pictured) and Jurong islands after launching a strategic review last year.

Posted on 08/01/2024

Most key global crypto markets tightening consumer protection rules, says report

In 2023, 80 per cent of the 21 jurisdictions moved to tighten crypto rules, and nearly half have tightened consumer protection measures, a report by blockchain analysis firm TRM Labs said. Read more ...

Posted on 08/01/2024

ST Explains: Next steps to take after getting retrenched in Singapore

SINGAPORE - The topic of lay-offs is in the spotlight again in the first week of January, as e-commerce giant Lazada reportedly retrenched workers of all stripes from Jan 3 to Jan 5. Such exercises ...

Posted on 08/01/2024

Upbit Singapore gains MPI license from MAS for crypto expansion

In a landmark move for Singapore’s digital asset sector, Upbit Singapore has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This development, a ...

Posted on 08/01/2024

Singapore stocks end flat ahead of key markets’ inflation data

SINGAPORE - Singapore stocks finished flat on Jan 8, ahead of the week’s key inflation data out of China, Japan and the US. The Straits Times Index ended marginally higher by 2.72 points or 0.09 per ...

Posted on 08/01/2024

KPMG, SBF call for Budget 2024 to enhance Singapore’s tax competitiveness, promote ESG

BUDGET 2024 is a chance for Singapore to reinforce its status as a hub for business, wealth management, and sustainability-linked investments, said the Singapore Business Federation (SBF) and ...

Posted on 08/01/2024

Upbit Singapore Expands Institutional Foothold With Major Payment License From MAS

Upbit Singapore secures MAS Major Payment License, paving the way for institutional growth and global compliance leadership in digital assets.

Posted on 08/01/2024

Commentary: 3 big shifts to watch out for in Singapore’s healthcare system in 2024 as it prepares for challenges ahead

Healthier SG, Age Well SG, Cancer Drug List, a new Implant Subsidy List and more. Healthier SG and Age Well SG shift the focus from disease to health and well-being, while the two Lists clarify what s ...

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