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Category: BUSINESS

Posted on 19/11/2023

Two men, teenager arrested over robbery attempt in Punggol; victim tried to buy crypto using S$81,000 in cash

SINGAPORE: The police arrested two men and a teenager on Saturday (Nov 18) for their suspected involvement in a case of conspiracy to commit robbery. The victim, a 33-year-old man, had received an off ...

Posted on 18/11/2023

Indonesia welcomes new Singapore regulation to help curb lobster smuggling

Indonesian fisheries authorities have welcomed as “better than nothing” a new policy by neighboring Singapore that should in theory help stem the smuggling of lobster larvae out of Indonesian waters.

Posted on 18/11/2023

Median salary in Singapore to increase by 4% in 2024

SINGAPORE: A report by global professional services firm Aon plc states that the median salary in Singapore will rise by 4.0%, the same level of increase in 2023.

Posted on 18/11/2023

It might be a good time to look for jobs in Singapore

Accenture survey, nearly two out of three firms blamed their talent gap on not being able to get work permits for foreigners. Nowadays, only 37% cite difficulty in securing employment passes as a ...

Posted on 18/11/2023

IN FOCUS: Out with the 5Cs, so what is the new ‘Singapore dream’?

As the notion of the 5Cs – cash, car, credit card, condominium, and country club membership – fades away, Singaporeans tell CNA their new Cs and definitions of success.

Posted on 18/11/2023

Singapore is about to transform its crypto scene forever

Singapore is on the brink of a significant transformation in its cryptocurrency landscape. The recent approval of blockchain firm Paxos to issue a stablecoin ...

Posted on 18/11/2023

Crypto exchange XREX gets Singapore license

Asia-based crypto exchange XREX has secured in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution.

Posted on 18/11/2023

Mastercard’s Crypto Conundrum: CBDCs May Not Be Ready For Prime Time

Ashok Venkateswaran, Mastercard Inc.'s (NYSE: MA) lead for blockchain and digital assets in Asia-Pacific, on Friday asserted the current landscape doesn't provide sufficient grounds for the widespread ...

Posted on 17/11/2023

Singapore opens the door to a shrinking market

Paxos’s push into Singapore, according to Paxos’s head of strategy Walter Hessert, is fueled by its ambition to “open the financial system to everyone, introducing significant opportunities to global ...

Posted on 17/11/2023

Lack of local funding partners forces Volocopter to put air taxi launch in Singapore on hold

The German firm had planned to start air taxi flights for tourists in the Marina Bay area in 2024. Read more at straitstimes.com.

Posted on 17/11/2023

Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore

XREX has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license.

Posted on 17/11/2023

Singapore key exports on track for gradual but uneven recovery: Analysts

SINGAPORE: The slump in Singapore’s key exports eased again in October, with analysts tipping a gradual and uneven recovery back to growth in the months ahead.

Posted on 17/11/2023

11 best Ang Ku Kueh shops in Singapore to get chewy kuehs filled with black sesame, durian & pistachio

Ang Ku Kueh is a traditional tortoise shell-shaped glutinous pastry. Here are the places to get them in Singapore.

Posted on 17/11/2023

Singapore Fintech Festival: SBI announces coming launch of ‘Yono Global’ app in Singapore and United States

At present, SBI offers Yono Global services in 9 countries, starting with the United Kingdom operations in September 2019. In Singapore, SBI is integrating its Yono Global app with PayNow and aims to ...

Posted on 17/11/2023

Exclusive: India seeks to restart stalled Adani coal imports probe

Indian investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to allow them to collect evidence from Singapore, a step ...

Posted on 17/11/2023

India agency asks court for nod to gather evidence from Singapore in Adani coal probe

The agency suspects many of the group’s coal shipments were first billed at higher prices on paper to its Singapore unit. Read more at straitstimes.com.

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