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Category: BUSINESS

Posted on 21/12/2023

Fintech in Singapore: 2023 in Review

Singapore actively pursued key initiatives across various domains in the financial sector, focusing green finance, payments and digital money.

Posted on 21/12/2023

Singapore director of 980 companies jailed for neglect on money laundering

Xie Yong, who had offered accounting services to foreign clients seeking to incorporate companies in the city state, was sentenced to four weeks in jail.

Posted on 21/12/2023

Moomoo Singapore Achieves Regulatory Milestone with MAS MPI License

Moomoo Singapore, a leading digital brokerage firm, has recently been granted in-principle approval for a Major Payment Institution License – Digital Payment Token Service, by the Monetary Authority ...

Posted on 21/12/2023

Breaking: Crypto Manager HashKey Capital Bags Singapore License

Crypto asset manager HashKey Capital has secured the license to operate as a full capital markets service provider in Singapore ...

Posted on 20/12/2023

Man fined for illegally importing meat and running unlicensed cold stores

SFA officers discovered 1,784kg of such products in a cold store at Gambas Crescent. Read more at straitstimes.com.

Posted on 20/12/2023

Red Sea attacks threaten Asia’s holiday food imports, rattle supply chains: ‘stakes are high’

Ships have been forced to divert around the Cape of Good Hope, adding up to two weeks' journey, or 30-40 per cent more time between Asia and Europe Logistics and forwarding companies say the situation ...

Posted on 20/12/2023

Singapore stocks fall amid regional ‘Santa rally’, STI down 0.3%

Australia was a standout, with the market up 0.7 per cent to hit to a fresh 10-month high that is now only a smidgeon below its record level. Volume was huge as well, with turnover of AUD$8.65 billion ...

Posted on 20/12/2023

GOPIZZA lands as the third-leading, fastest-growing pizza chain in Singapore

The Korean pizza chain has expanded to 27 outlets. South Korea-based pizza chain GOPIZZA has solidified its foothold in Singapore with 27 new outlets, making it the third leading pizza chain in the ...

Posted on 20/12/2023

Ten victims lose at S$9,000 to phishing scam involving tax refunds

SINGAPORE: About 10 victims have lost at least S$9000 since Dec 9 to scams involving refunds from the Inland Revenue Authority of Singapore (Iras).

Posted on 20/12/2023

Vietnam and Singapore’s strategic vision for trade and investment

Quang Anh and Vaibhav Saxena, lawyers at VILAF, have given their insights to VIR on Vietnam-Singapore relations.

Posted on 20/12/2023

Pegasus Asia will not conclude business combination; to dissolve

PEGASUS Asia said it will not conclude a business combination “after considering macroeconomic and market conditions”, partially confirming an earlier media report that stated it was one of two ...

Posted on 20/12/2023

Family office screenings in Singapore to face tougher checks

Wealthy families interested in setting up single-family offices (SFOs) in Singapore and wanting to tap tax incentives offered by the Monetary Authority of Singapore (MAS) will face stricter checks by ...

Posted on 20/12/2023

Singapore’s NODX recorded 1% growth, first time in 14 months

SINGAPORE: Singapore’s non-oil domestic exports (NODX) recorded 1% growth in November, marking the first upswing in over a year, The Edge Singapore reports. Breaking down the export figures, NODX to ...

Posted on 20/12/2023

Explainer: Will global supply chains be disrupted by ship attacks in the Red Sea and is Singapore affected?

The United States on Monday (Dec 18) announced a 10-nation coalition to fend off missile and drone attacks on ships transiting the Red Sea, which is part of a major global shipping route.

Posted on 20/12/2023

DBS Foundation Partners with IMDA, contributing S$1M for Singapore’s digital inclusion future

The collaboration aims to improve access to digital literacy training and amplify efforts to bridge “digital inclusion” in Singapore ...

Posted on 20/12/2023

Papua New Guinea is sole host country on Singapore’s carbon credit eligibility list

THE Ministry of Sustainability and the Environment (MSE) and the National Environment Agency (NEA) has published its eligibility list under the International Carbon Credit (ICC) Framework. It is set ...

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