Buying on credit forbidden, affordability tests imposed, and accreditation required for big bets The Monetary Authority of Singapore (MAS) revealed on Thursday its latest cryptocurrency regulations – ...
Singapore bans using credit cards for crypto trading
The Monetary Authority of Singapore (MAS) is set to introduce a series of stringent measures aimed at tightening regulations for cryptocurrency service providers in the nation.
These were the key drivers of Singapore’s hefty S$7b property investments in Q3
Find out some key deals in the public and private sectors. The real estate investment market in Singapore recorded S$7.07 billion worth of deals in the third quarter of 2023, double the S$3.54 billion ... ( read original story ...)
Singapore records highest quarterly completion of new residential units in 23 years
There were over 8,500 units completed in Q3, bringing the total stock to 406,000. According to a report from Savills, Singapore’s private residential property market saw an addition of 8,517 newly ... ( read original story ...)
Singapore to tighten crypto regulations for retail customers
Singapore will introduce tightened rules to regulate crypto service providers in the city-state, in a bid to protect retail customers.
IFC appoints new country manager for Singapore, Malaysia and Brunei
THE International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets and a member of the World Bank Group (WBG), has appointed ...
Singapore’s Monetary Authority tells crypto firms: No offering carrots to customers, local credit cards can’t be used to buy tokens from 2024
From mid-2024, cryptocurrency platforms will not be allowed to offer incentives to people to entice them to trade, while customers will not be able to ...
From pandemic to endemic: What’s next for COVID-19 in Singapore?
Singapore’s success in achieving an initial high vaccination rate has been a critical factor in facilitating the nation’s transition to COVID-19 endemicity. As the country continues to live alongside COVID-19,
US consumer sentiment drops again on inflation fears
Inflation may be cooling, but American consumers have growing concerns that price hikes will accelerate again, according to the University of Michigan's latest consumer sentiment survey.
US consumers’ inflation expectations rise for 2nd month – UMich
U.S. consumers' inflation expectations rose for a second straight month in November despite growing signs that price increases are in fact slowing, a survey released Wednesday showed. American households see inflation accelerating to 4.
How changes to the law will enable Singapore President Tharman to hold international appointments in his private capacity
Parliament on Wednesday (Nov 22) passed changes to the Constitution that will allow Singapore’s president and government ministers to take on
Singapore Plans More Rules to Curb Retail Crypto Speculation
(Bloomberg) -- Singapore proposed additional regulations that further harden its stance against retail speculation in cryptocurrencies, including barring individual investors from borrowing to trade.
I Attended The Singapore FinTech Festival For The First Time As A Fresh Graduate. Here’s Why I Loved It
The Singapore FinTech Festival (SFF) is an annual flagship event organised in Singapore that brings together different fintech companies around the world ...
CNA Explains: What are the implications of Singapore’s constitutional changes involving the President?
The amendments give the government "finer control" over the head of state's involvement in foreign organisations, says one constitutional law expert.
Every country wants its own investment-screening regime
SINGAPORE BECAME the latest country to erect barriers to investment in the name of national security on November 3rd. It plans to review, and potentially block, investments in entities “critical to ...
Singapore’s first electric cargo vessel debuts
THE FIRST fully-electric cargo vessel in Singapore was launched by consortium Goal Zero on Thursday (Nov 23) at Raffles Marina. Read more at The Business Times.