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Posted on 03/08/2024

Court dismisses investor’s $12m claim against Snap Innovations and founder of crypto platform Torque

SINGAPORE – The High Court has dismissed a US$9 million (S$12 million) lawsuit brought by a Greek investor against Singapore fintech firm Snap Innovations and businessman Bernard Ong, founder of ...

Posted on 03/08/2024

Singapore hangs drug trafficker in second execution of 2024

Singapore has some of the world’s toughest anti-narcotics laws: trafficking more than 500 grams of cannabis can result in the death penalty.

Posted on 03/08/2024

IN FOCUS: Countries around the world are battling overtourism. Could a hub like Singapore be next?

In extreme cases, locals have protested and hurled items at tourists, asking them to "go home". Not in Singapore, where visitor numbers aren't controlled.

Posted on 03/08/2024

MAS sets up review group to revitalise Singapore’s stock market

The panel will be chaired by Second Minister for Finance and MAS board member Chee Hong Tat. Read more at straitstimes.com.

Posted on 03/08/2024

Singapore To Boost Stock Market Development

The Monetary Authority of Singapore (MAS) on Friday announced a review group to strengthen equities

Posted on 03/08/2024

Isetan Singapore narrows H1 loss to S$126,000 but faces lower sales

JAPANESE retailer Isetan Singapore recorded a net loss of S$126,000 for the six months ended June, narrower than the loss of S$681,000 in the same period last year, it announced on Friday (Aug 2). ( read original story ...)

Posted on 03/08/2024

Singapore shows the small can survive in the global AI arms race

Singapore also serves as a neutral ground in the politicized ... This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox.

Posted on 02/08/2024

OCBC’s Q2 profit tops expectations, says on track to meet 2024 targets

SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

Hong Kong crypto group’s trading arm gets Singapore digital asset licence

HashKey Technology Services can beef up its crypto trading offerings with the full licence. Read more at straitstimes.com.

Posted on 02/08/2024

HashKey Gets License for Crypto OTC Trading in Singapore

HashKey Digital Asset Group Ltd.’s over-the-counter trading arm secured a Major Payment Institution license from Singapore’s regulator, allowing it to offer digital payment token services, according ...

Posted on 02/08/2024

Singapore’s manufacturing recovery likely to broaden as it gains momentum

The rebound should quell concerns over the contraction in June industrial production Read more at straitstimes.com.

Posted on 02/08/2024

Singapore’s PMI rises in July, mirroring growth in region-wide factory activity

SINGAPORE’S overall manufacturing sentiment improved in July, as region-wide factory activity continued to grow. Read more at The Business Times.

Posted on 02/08/2024

Singapore Manufacturing PMI Picks Up in Sign of Upbeat Outlook

However, anecdotal evidence suggests that electronics manufacturers remained upbeat about sustained growth in the sector, said Stephen Poh, executive director at SIPMM. This was evidenced by the ...

Posted on 02/08/2024

Mobile Guardian app glitch issues progressively fixed for some students, others turn to pen and paper

ST understands that more than 1,000 students from at least five MOE schools have been affected. Read more at straitstimes.com.

Posted on 02/08/2024

US, Singapore deepen collaboration on critical technologies

US and Singapore chaired the second US- Singapore Critical and Emerging Technology (CET) Dialogue in Singapore. Building on the inaugural US-Singapore CET Dialogue held in Washington, D.C. in October ...

Posted on 02/08/2024

How Singapore became a data center hub despite its small size, expensive energy, and hot climate

Singapore is a tropical city-state with barely a quarter the land mass of Rhode Island. It may be the worst place on the planet to build data centers: land is scarce, energy is expensive, and the ...

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