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Category: BUSINESS

Posted on 07/08/2026

S’pore gives conditional nod to import solar power from Malaysia

This brings the number of electricity import projects granted with conditional approvals and licences to 13, with a combined capacity of 9.25GW. Read more at straitstimes.com. Read more at ...

Posted on 07/08/2026

Sembcorp receives conditional approval for 300MW Malaysia-Singapore renewable power import project

Shares in Sembcorp closed $5.60 on Aug 7, up one cent or 0.2%. The company will announce its 1HFY2026 results on Aug 13.

Posted on 07/08/2026

Singapore grants 2 firms conditional approval to import 900MW of electricity from Malaysia

Singapore has granted conditional approval to two companies to import 900 megawatt (MW) of electricity from Johor.The conditional approvals — for projects supplying power generated from solar and ...

Posted on 06/08/2026

TOKEN2049 Singapore Returns as the Largest Industry Gathering of the Year

Singapore this October SINGAPORE, Aug. 6, 2026 /PRNewswire/ -- TOKEN2049, the world's largest crypto event, returns to Marina Bay Sands in Singapore on 7–8 October, bringing together 25,000 attendees ...

Posted on 06/08/2026

Singapore Now Has 37 Licensed Crypto Firms Out of Nearly 300 Applicants

Singapore has licensed 37 crypto companies out of nearly 300 applications under MAS’ digital payment token framework.

Posted on 05/08/2026

Asia’s Crypto Rulebook: MAS Singapore vs. Hong Kong’s Digital Asset Regime

Asia has become one of the world's most influential regions for digital asset innovation. While many jurisdictions are still developing their regulatory strategies, Singapore and Hong Kong have ...

Posted on 04/08/2026

FalconX cuts 10% of jobs amid crypto slump, including half of Singapore staff: Sources

FalconX, which counts GIC as a backer, employed around 350 people globally. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/08/2026

FalconX cuts 10% of workforce amid prolonged crypto market slump: Report

FalconX reportedly laid off 10% of its workforce, plans to withdraw its Singapore license application and refocus its business amid the crypto downturn.

Posted on 03/08/2026

US tariffs threaten US$3.1bil of Singapore’s pharma exports, says deputy PM

SINGAPORE: Pharmaceutical companies in Singapore are seeking clarification on whether they would qualify for an exemption from steep tariffs imposed by the US on their goods, Singapore’s deputy prime ...

Posted on 03/08/2026

Singapore is not trying to win the crypto race. It is trying to win the right one.

Singapore just sent a clear message to every bank touching cryptocurrency within its borders. The Monetary Authority of Singapore wants full visibility into digital asset holdings, and it wants that ...

Posted on 01/08/2026

VCI Global unveils crypto treasury plan, backs Tether’s payments arm OOBIT

Malaysia-based VCI Global (Nasdaq: VCIG) has announced plans to acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a Singapore-based crypto payments platform launched in ...

Posted on 31/07/2026

Owner of Singapore-based Vietnamese matchmaking agency retires after 3 decades, sells business for $76,000

The owner of a Singapore-based matchmaking agency linking Singaporean men with Vietnamese women is selling the business for S$99,000 (US$76,700) as he plans to retire after more than 30 years.

Posted on 31/07/2026

Singapore tax clarification clouds returns from leveraged FCNR deposits: Report

Singapore's tax authority has clarified that leveraged FCNR(B) deposit structures may attract withholding tax on loan interest, raising concerns over returns for NRIs.

Posted on 31/07/2026

FCNR(B) hurdle: Singapore holds ground on withholding tax

Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would erase effective returns. Where spreads are thin and ...

Posted on 30/07/2026

Crypto News: MemeToro Publishes Open-Source Framework Supporting Transparent AI-Powered Token Launches

According to the company, the AI Meme Launch Agent is being developed to continuously analyze cryptocurrency news, market trends, and social sentiment before generating complete memecoin concepts.

Posted on 30/07/2026

Is Singapore still competitive in a world with a global minimum tax?

Iras has now moved. From 2026 onwards, uncharged and merely notional stock-compensation costs may be left out of the Singapore entity’s taxable service income, even as they remain in the base on which ...

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