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Category: BUSINESS

Posted on 16/09/2023

Singapore’s first electric cargo vessel set to launch in bid for zero emissions by 2030

The Hydromover, developed by the Goal Zero consortium, has a capacity to carry 25 tons of cargo and a battery that can be swapped in minutes when depleted.

Posted on 16/09/2023

Scope of Special Economic Zone with Singapore to be finalised in October, says Johor’s chief minister

He said it would be further discussed during the leaders’ retreat involving Malaysia and Singapore. Read more at straitstimes.com.

Posted on 16/09/2023

Binance CEO Issues ‘Frank’ Warning As Fears Swirl Of An Imminent Bitcoin, Ethereum And Crypto Price Crash

Binance CEO Changpeng "CZ" Zhao has issued a "frank" warning over disappearing "fiat ramps" that could weigh on the entire bitcoin, ethereum and crypto ...

Posted on 15/09/2023

Issue 66: Singapore’s electricity imports still far from assured; apparel makers underestimate climate risk

Many more steps are needed before Singapore’s conditional approvals for electricity import projects become operational, while floods and heat could hit apparel hubs with billions in losses. Read more ...

Posted on 15/09/2023

Singapore’s first electric cargo vessel set to launch in Q4

Through its charging business ChargEV, YGT also owns 379 EV charging stations in Malaysia, making it the largest operator in the country. It has started operations in Singapore and aims to have 10 ...

Posted on 15/09/2023

Singapore Regulator Slaps 3AC Founders Zhu Su And Kyle Davies With 9-Year Finance Ban

Dubai's VARA fined Zhu Su and Kyle Davies 200,000 UAE dirhams (around $54,000) each over violations of the region's digital asset marketing and advertising regulations.

Posted on 15/09/2023

Singapore Turned Conservative on Crypto After FTX, Zhao Says

Singapore’s approach to crypto became more conservative after the collapse of FTX but the island remains crypto friendly overall, said Changpeng ‘CZ’ Zhao, chief executive of the Binance digital-asset ...

Posted on 15/09/2023

Changpeng Zhao: Singapore Crypto Cautious After Ftx Crisis

After worldwide digital asset developments, Singapore, known for its crypto-friendliness, has become more conservative. During a conferen ...

Posted on 15/09/2023

Singapore bans founders of Three Arrows crypto hedge fund

SINGAPORE -- Singapore announced on Thursday that it has banned the founders of collapsed crypto hedge fund Three Arrows Capital, Zhu Su and Kyle Davis, from participating in regulated capital market ...

Posted on 15/09/2023

Singapore adopts conservative crypto policy following FTX collapse, Binance CEO says

Find out more about subscription packages here. SINGAPORE’S approach to crypto became more conservative after the collapse of FTX but the island remains crypto friendly overall, said Changpeng ‘CZ’ ...

Posted on 15/09/2023

Binance’s CEO says signing up another 100 million crypto users will be a big challenge until they can buy crypto with cash

"We're seeing a lot of traditional institutions that used to provide fiat ramp channels pull away," said Changpeng Zhao at an event on Thursday.

Posted on 15/09/2023

Founders of Failed Crypto Hedge Fund Three Arrows Hit With Nine-Year Ban

Singapore’s financial regulator has slapped a lengthy ban on the two founders of Three Arrows Capital, a hedge fund whose [collapse last year]( ...

Posted on 15/09/2023

Singapore Bans Three Arrows Capital Founders For Nine Years

The Monetary Authority of Singapore banned for nine years two founders of the failed crypto hedge fund Three Arrows Capital (3AC) ...

Posted on 15/09/2023

CZ laments Singapore’s changing stance towards crypto

The island nation was home to the crypto hedge fund Three Arrows Capital (3AC) that went bankrupt last year in the wake of Terra Luna [LUNA]’s collapse in May 2022. Terra’s collapse also led to the ...

Posted on 15/09/2023

South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity

Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.

Posted on 15/09/2023

Decentralized stablecoins could dominate crypto: MakerDAO founder

Rune Christensen, the founder of DeFi pioneer MakerDAO, said that decentralized stablecoins would be dominant if crypto lives up to its full potential.

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