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Category: BUSINESS

Posted on 16/10/2023

Singapore’s competition watchdog raises concerns over Grab’s proposed takeover of Trans-Cab

The Competition and Consumer Commission of Singapore said a more detailed review is needed. Read more at straitstimes.com.

Posted on 16/10/2023

Singapore crypto exchange scores major regulatory win

Subsequently, on 3 October, Swiss cryptocurrency bank subsidiary Sygnum Singapore obtained its full MPI license, followed by Ripple [XRP], which received full approval on 4 October. These approvals ...

Posted on 16/10/2023

Upbit Singapore Joins Elite Group with Prestigious MPI License

Upbit Singapore secures a coveted MPI license from MAS, fortifying its stature in the digital asset sector and exemplifying Singapore's growing commitment to the crypto universe.

Posted on 16/10/2023

Upbit Singapore Gains In-Principal Approval for Major Payment Institution License from MAS

Upbit, South Koreas leading crypto exchange, has secured in-principal approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), enhancing its foothold in ...

Posted on 16/10/2023

53 cartons of duty-unpaid cigarettes seized in Lavender

A total of 53 cartons and 46 packets of duty-unpaid cigarettes were uncovered and seized in French Road in Lavender during an operation on Oct 11. A Singaporean man is assisting in investigations, ...

Posted on 16/10/2023

Singapore shares fall 0.69% on Monday, tracking regional losses

SINGAPORE - Shares in Singapore fell on Monday, tracking losses in most major markets in the region after a sell-off on Wall Street last Friday. The benchmark Straits Times Index (STI) slipped 21.9 ...

Posted on 16/10/2023

Singapore’s ambition in novel bilateral carbon market faces competitor, near-term supply hurdles

The city-state wants to enter the UN-backed “Article 6.2” carbon trade from 2024, but the tight timeline presents challenges. Experts say buyer nations need to uphold quality, in what may eventually ...

Posted on 16/10/2023

Singapore may consider carsharing for EVs amidst pricey COEs – expert

It is a practical way of using EVs sans purchasing vehicles with pricey COE. With an increasing adoption of electric vehicles, Singapore may consider introducing carsharing programmes with offerings ...

Posted on 16/10/2023

Hite Jinro Singapore: A Toast to Global Expansion with New Soju Production Facility in Vietnam

Amid the fragrant aroma of fermenting rice and the distant hum of bustling city life, an ambitious plan takes root in the heart of Vietnam’s Thai Binh Province. Hite Jinro Singapore, a leading ...

Posted on 16/10/2023

Asia emerges as a promising haven amid the crypto winter

The crypto conference held in Singapore in September attracted an unprecedented crowd of 20,000 attendees, filling the island state with an even greater number of blockchain enthusiasts who hopped in ...

Posted on 16/10/2023

South Korean exchange Upbit gets initial license nod from Singapore

Related: Su Zhu’s $36M Singapore mansion transformed into eco-farm post-3AC collapse A potential full approval for Upbit would see the exchange join a total of 15 crypto firms with full MPI licenses ...

Posted on 16/10/2023

Singapore shophouses are blazing-hot properties

Sales of shophouses jumped 44 per cent, to $415 million in Q2 from the previous quarter, according to Knight Frank. Read more at straitstimes.com.

Posted on 16/10/2023

Singapore: Account Labs to Launch Google-Login Web3 Wallet After Raising $7.7M

Singapore-based Web3 wallet solution provider Account Labs ... This groundbreaking innovation further facilitates topping up using Mastercard or Visa, ensuring a seamless crypto finance experience.

Posted on 16/10/2023

South Korean crypto exchange Upbit gets Singapore regulator’s nod

SINGAPORE - South Korean cryptocurrency exchange Upbit’s Singapore entity has received a preliminary nod from the regulator, paving the way for the firm to build its regional business from the ...

Posted on 15/10/2023

Flying to Singapore? These executive tips make it a better trip

IF YOU work in finance, there’s a good chance Singapore is on the short list of places you’ll visit for business – or maybe even live in. We asked insiders to the city-state to tell us what to expect ...

Posted on 15/10/2023

Why Singapore employers think they offer more flexibility than what staff experience

THE past few years have reshaped our traditional understanding of the 9-to-5 office routine, highlighting the need for more adaptable work arrangements. As the world gradually returns and redefines ...

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