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Category: BUSINESS

Posted on 15/02/2023

Singapore’s plan to raise tax for big multinational firms won’t cause a ‘major exodus’: Maybank

Thilan Wickramasinghe of Maybank Securities discusses Singapore's plan to introduce a minimum corporate ... is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial ...

Posted on 15/02/2023

Budget 2023 to empower business transformation: SBF

The government's measures include a $4b top-up to the National Productivity Fund. The Singapore Business Federation (SBF) welcomed business support measures from the 2023 budget, adding that these ...

Posted on 15/02/2023

Binance CEO: crypto industry will probably move to non-dollar stablecoins

The crypto industry will “probably” start using euro, yen, or Singapore dollar based stablecoins in the future, reducing its reliance on US dollar based stablecoins, according to a Feb. 14 statement ...

Posted on 15/02/2023

Singapore business banking startup Aspire raises $100M

Aspire, a Singapore-based B2B banking startup, announced today that it raised $100 million in Series C funding led by Lightspeed and Sequoia Capital SEA. Why it matters: Despite a slowdown in fintech ...

Posted on 14/02/2023

Confusion Spirals in Crypto as the US Cracks Down

a stablecoin developed in partnership with the world’s largest crypto exchange, Binance. The SEC declined to comment, but Paxos, which is based in New York and Singapore, confirmed today that the ...

Posted on 14/02/2023

Singapore 2022 deficit set to be lower than expected; inflationary pressures persist

Singapore says its budget deficit for 2022 will be lower than ... The government pledged to support households and business. To help Singaporeans tide through the increasing cost of living, as well as ...

Posted on 14/02/2023

Singapore shares buck regional gains on Tuesday; STI down 0.2%

SINGAPORE - Singapore shares fell marginally on Tuesday as traders stayed on the sidelines, anxiously awaiting key US inflation data for more clues on rate movements in the world’s largest economy.

Posted on 14/02/2023

Singapore fin min sees lower 2022 budget deficit at S$2 bln

Singapore Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion ($1.51 billion), or 0.3% of gross domestic product, down from a previous ...

Posted on 14/02/2023

Singapore’s DBS bank plans to apply for crypto license in HK: report

Singapore’s DBS Group plans to apply for a license to offer crypto to Hong Kong customers as the Chinese special administrative zone pushes to become a hub for digital assets and reforms its crypto ...

Posted on 13/02/2023

Singapore wants to profit from US and China tensions

Singapore attracted a record $22.5 billion in fixed asset ... The India Semiconductor Mission has been created as an independent business division within Digital India Corporation to drive India's ...

Posted on 13/02/2023

Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto

Growth will continue in more crypto friendly jurisdictions such as Singapore and Dubai, and new potential centers such as Hong Kong and London, the note added.

Posted on 13/02/2023

Bloomberg Reported Potential Buyers For Singapore Crypto Lender Hodlnaut and its Claims Against FTX

Never miss a trade again with the fastest news alerts in the world! This headline only article is a sample of real-time intelligence Benzinga Pro traders use to win in the markets everyday. Want ...

Posted on 13/02/2023

Singapore exports forecast to shrink or stay flat in 2023 as growth slows to 3% last year

Nodx growth slowed to 3% last year from 12.1% in 2021, with Q4 shipments dropping by a sharp 14%. Read more at straitstimes.com.

Posted on 13/02/2023

Singapore’s DBS says exposure to Adani group is ‘tightly managed’

SINGAPORE: DBS Group has a tightly managed exposure to India's Adani group of companies, the chief executive of Southeast Asia's largest bank said on Monday (Feb 13). DBS was among a group of banks ...

Posted on 13/02/2023

Live news: Singapore GDP grows less than expected as global slowdown bites

Singapore has been raising interest rates as it battles inflation ... Barclays, which reports on Wednesday, is a bit of a different story. Its UK business should benefit from rate rises, but it is ...

Posted on 13/02/2023

Singapore’s imports and exports grew last year, 2023 trade growth expected to moderate

Top NODX to Singapore’s top markets grew in 2022, except for China, Hong Kong and Thailand. The biggest contributors to the NODX increase were the US, European Union countries and Malaysia. Oil ...

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