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Category: BUSINESS

Posted on 16/11/2023

Crypto platform Paxos gets in-principle approval to issue stablecoins in Singapore

CRYPTO platform Paxos has received in-principle approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services under its Singapore entity, the company said on Thursday ...

Posted on 16/11/2023

Singapore’s monetary authority collaborates with international banks to launch tokenization initiative

The Monetary Authority of Singapore (MAS) has announced Project Guardian, a large-scale asset tokenization initiative. This new project, involving 17 key ...

Posted on 15/11/2023

Singapore introduces five new pilots to test asset tokenization

In addition to the five pilots, MAS launched Global Layer One (GL1) to explore the design of an open, digital infrastructure that will host tokenized financial assets and applications.

Posted on 15/11/2023

Owner of Hong Kong crypto exchange OSL gets US$91 million from firm linked to Bitget, which is exiting the market

BGX is taking a 30 per cent stake in BC Technology to become the largest shareholder of the owner of one of two licensed Hong Kong crypto exchanges.

Posted on 15/11/2023

Fast-growing Johor eyes Singapore power trade, electric vehicle opportunities in green economy drive

Malaysia’s southernmost state is exploring clean power exports and boosting EV infrastructure development via a proposed special economic zone with Singapore. Johor's green economy plan will also look ...

Posted on 15/11/2023

Could unproven claims about Lee Kuan Yew hurt Malaysia-Singapore trade? Jelutong MP asks in Parliament

Jelutong MP RSN Rayer today raised concerns that bilateral trade with Singapore might be damaged as a result of unproven allegations made by another Malaysian MP in the Dewan Rakyat about the republic ...

Posted on 15/11/2023

Singapore President Believes AI Will Ease Talent Shortage

Tharman Shanmugaratnan, the newly appointed president of the city-state, spoke at this week’s Singapore FinTech Festival, noting that artificial intelligence will help it meet the challenges of a ...

Posted on 15/11/2023

‘Singapore is wide open for business’: EnterpriseSG launches overseas centre in San Francisco

The San Francisco Overseas Centre will facilitate Singapore companies’ entry into the US and boost investment between the two countries.

Posted on 15/11/2023

UAE anti-money laundering chief praises Singapore’s S$2.8B bust

SINGAPORE: The director-general of the UAE’s Executive Office of Anti-Money Laundering and Counter-Terrorism Financing, Mr... The post UAE anti-money laundering chief praises Singapore’s S$2.8B bust a ...

Posted on 15/11/2023

Returns On Capital At Singapore Post (SGX:S08) Paint A Concerning Picture

And from a first read, things don't look too good at Singapore Post (SGX:S08), so let's see why. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative ...

Posted on 15/11/2023

Stocks to watch: ComfortDelGro, Golden Agri, The Hour Glass, Boustead Singapore

THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 15): Read more at The Business Times.

Posted on 15/11/2023

Singapore Shares Tipped To Snap Losing Streak

The Singapore stock market has moved lower in two straight sessions, sinking more than 30 points or 1 percent along the way. The ...

Posted on 15/11/2023

Singapore’s Sunray Woodcraft Construction aims to acquire Hotel Telegraph

Founded in 1987, Sunray Woodcraft Construction Pte Ltd. is an established Singapore brand specialising in commercial interior fit-out, with business activities spanning across Singapore and Asia. The ...

Posted on 15/11/2023

Singapore to Share Cryptocurrency Tax Information With Other Countries

You are responsible for reading, understanding and agreeing to the National Law Review's (NLR’s) and the National Law Forum LLC's Terms of Use and Privacy Policy ...

Posted on 15/11/2023

SB19 cancels Singapore concert to ‘prioritize well-being of artists’

SB19 canceled it’s “PAGTATAG! World Tour” show scheduled on Nov. 15 in Singapore saying it needs to prioritize the well-being of the members Pablo, Josh, Stell, Ken and Justin amid “unforeseen ...

Posted on 15/11/2023

Singapore Plans for Second LNG Import Terminal to Secure Power Generation

Singapore’s plan for a second LNG terminal by the end of the decade is forecast to meet almost all of the country’s power generation, and it could help ...

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