Singapore will head for its first contested presidential election ... said Nydia Ngiow, managing director at strategic business consultancy firm BowerGroupAsia. There’s been “discourse over whether ...
Singapore among world’s first to agree to stablecoin crypto regulation
They must equal or exceed the value of the stablecoin in circulation at all times, the rules say. The stablecoin market is valued at around $125 billion, with two tokens — Tether's USDT and Circle's USDC — dominating roughly 90% of the market cap value.
Commentary: Should Singapore look beyond a balanced budget to ensure we will always have enough in our reserves?
The Singapore government is constitutionally obliged to achieve a balanced budget over its term of office. What about targeting a net surplus instead, ask Eddie Choo and Gillian Koh from the Institute ...
Singapore’s middle distillates stocks rise as imports from India emerge
SINGAPORE, Aug 17 (Reuters) - Singapore’s middle distillates inventories clawed back earlier weeks’ of losses and rose on higher gasoil imports, with Indian-origin cargoes arriving for the first time ...
Singapore stocks decline as July key exports fall, STI sheds 0.5%
Loses outnumbered gainers 315 to 289, as 1.1 billion securities worth $1 billion were traded Read more at straitstimes.com.
Singapore’s chip industry still in the money for the long term: Analysts
Both Singapore and Malaysia in recent years have seen a host of global chipmakers announce new investment and expansion of existing facilities that are likely to help boost the business of local ...
How Singapore wrestles with the constraints of success
How much talk about reinvention does one of the world’s most successful, if tiny, economies have to listen to?
Singapore’s key exports decline for 10th consecutive month
SINGAPORE, Aug. 17 (Xinhua) -- The non-oil domestic exports (NODX) in Singapore declined by 20.2 percent year-on-year, marking a contraction for the 10th straight month, government agency Enterprise ...
Singapore Politician Leaves Grab Months After Public Outcry
A Singapore lawmaker initially appointed to run Grab Holdings ... She said she will work in strategic partnerships and business development, helping the startup expand into Asia-Pacific markets.
Singapore seizes $735m of assets in anti-money laundering probe
Singapore police have seized about S$1bn ($735m; £578m) - including luxury homes, cars and cash - in one of its biggest anti-money laundering probes. Among the items seized in the raid were luxury ...
Singapore not ‘oversaving’ with reserves ‘barely keeping pace’ with its economy: DPM Wong
SINGAPORE — Singapore is not "oversaving" — in fact, the national reserves are growing at a rate that is "barely keeping pace" with economic growth, said Deputy Prime Minister Lawrence Wong.
Asia promotes crypto clarity amid regulatory uncertainty in the U.S.
Asia is promoting clear crypto rules at a time when large firms are facing regulatory uncertainty in the U.S., said industry observers.
Singapore’s key exports fall by 20.2%; 10th consecutive month of decline
SINGAPORE: Singapore's non-oil domestic exports (NODX) contracted for the 10th consecutive month in July, falling by 20.2 per cent, with both electronics and non-electronics seeing a decline. The drop ...
Commentary: The value of budget surpluses for Singapore in challenging times
The Singapore government is constitutionally obliged to achieve a balanced budget over its term of office. What about targeting a net surplus instead, ask Eddie Choo and Gillian Koh from the Institute ...
Singapore police seize $1 billion in cash and cryptocurrencies used in money laundering
The Singapore Police Force, in a Facebook post, announced that ten foreign nationals had been charged with forgery and money laundering. The announcement also stated over $1 billion worth of cash and crypto assets were seized in addition to multiple properties,
From the U.S. to Japan, regulators are beginning to embrace crypto
Switzerland, Singapore and the EU have taken the early regulatory lead, but Japan and the UAE are coming on now. Even the U.S. may be awakening.