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Category: BUSINESS

Posted on 25/06/2023

PwC brings in Singapore based executive Kevin Burrowes to take over troubled Australian office

Accounting firm PwC Australia has brought in Singapore based veteran Kevin Burrowes to take over its embattled Australian business as it moves to stem the fallout from the scandal over leaking ...

Posted on 24/06/2023

RPT-Singapore to unveil improved family office tax incentives – minister

Singapore's central bank will announce improved tax incentives in July to recognise the charitable contributions of family offices - companies that manage wealthy families' assets, a senior minister ...

Posted on 24/06/2023

Singapore to unveil improved family office tax incentives – minister

SINGAPORE, June 23 (Reuters) - Singapore's central bank will announce improved tax incentives in July to recognize the charitable contributions of family offices - companies that manage wealthy ...

Posted on 23/06/2023

Crypto startup Pillow, backed by Accel and Quona, to discontinue all services

Singapore-headquartered Pillow plans to discontinue all its services and app in the coming weeks, it warned customers Friday, citing regulatory uncertainty that has claimed countless other crypto startups in recent quarters. Pillow allowed customers to ...

Posted on 23/06/2023

Crypto Expo Asia 2023 goes bigger than ever with a record-breaking attendance of over 10,000 participants

If you were anywhere near Marina Bay Sands earlier this month, you’ll have undoubtedly noticed the area swarming with Crypto Expo Asia attendees. Over 10,000 attendees from more than 30 countries, representing over 80 companies,

Posted on 23/06/2023

Singapore Inflation Eases To 5.1%, Lowest In 15 Months

Singapore's consumer price inflation moderated in May to the lowest level in more than a year, primarily due to a slowdown in private ...

Posted on 23/06/2023

An Overview of Goods and Services Tax in Singapore

The goods and services tax is a self-assed tax in Singapore. The current rate is 8%, but this is expected to rise to 9% in 2024.

Posted on 23/06/2023

Singapore’s core inflation eases to 4.7% in May

Singapore’s core inflation eased to 4.7 per cent year-on-year in May, official data showed on Friday (June 23).

Posted on 23/06/2023

Crypto Expo Asia Draws over 10,000 Visitors to Singapore to Conclude Successful Second Run

Future editions of the conference in Dubai and Miami will rebrand to Blockchain Expo Global SINGAPORE, June 23, 2023 /PRNewswire/ -- Crypto Expo Asia, one of the region's leading crypto conferences and exhibitions, recorded its largest attendance in the ...

Posted on 23/06/2023

Cryptocurrency roundup for June 23: CACEIS enters crypto realm, Ripple approved in Singapore, Binance accuses SEC and more

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.

Posted on 23/06/2023

QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade Using Bitcoin as Collateral

The trade was executed on the regulated Clear Markets platform and involved bitcoin as collateral. The risk management techniques involved were consistent with ISDA's requirements for uncleared derivatives.

Posted on 23/06/2023

Singapore durian lovers rejoice as prices plunge

A record-breaking heat wave earlier this year has also affected the quality of the fruit, helping to push prices lower. That’s all good news for durian enthusiasts in Singapore, which imports more ...

Posted on 23/06/2023

Singapore Court Set to Decide Fate of Crypto Lender Hodlnaut in August Hearing

A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7.

Posted on 23/06/2023

Crypto Firm Ripple Secures License To Operate In Singapore

Ripple’s expansion into Singapore comes as the U.S. Securities and Exchange Commission has charged the crypto firm with conducting an illegal securities offering that raised more than $1.3 billion U.S. through sales of the XRP digital token. Ripple ...

Posted on 23/06/2023

Ripple Secures Approval to Offer Digital Asset Services in Singapore

Ripple said that less than 20 crypto-related companies have secured in-principle approvals and licenses in Singapore so far. The Monetary Authority of Singapore (MAS), the state’s central bank and financial watchdog, granted these permits. The approval ...

Posted on 23/06/2023

Singapore’s Monetary Authority unveils innovative guidelines for crypto assets

The Monetary Authority of Singapore (MAS) has taken a significant stride towards creating a uniform regulatory framework for using crypto assets. MAS has proposed a comprehensive set of guidelines to govern the evolving digital currency landscape in a ...

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