The deal is the first purchase of a private company by a SPAC listed in the city-state since 2021 when the Singapore Exchange allowed SPACs, or shell firms, to float shares in a bid to position itself ...
Swiss crypto bank Sygnum’s Singapore arm gets full licence to offer brokerage service here
SINGAPORE - The Singapore arm of Swiss digital asset bank Sygnum will now be able to launch its digital payment token (DPT) brokerage service here, following the regulator’s approval of a full licence.
Coinbase (COIN) Stock Pops 5% on Singapore License News
Coinbase has announced a new license from Singapore's Monetary Authority and that news has shares of COIN stock on the rise Monday!More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New ...
Jail for engineering firm boss who forged invoices of over $1m; claims he was helping friend lower tax bill
A sole proprietor of an engineering company was on Monday (Oct 2) sentenced to 30 weeks’ jail after pleading guilty to five counts of forging invoices amounting to over S$1 million.
Crypto exchange Coinbase secures Singapore payments licence
By Rae Wee and Elizabeth Howcroft (Reuters) -Cryptocurrency exchange Coinbase has been awarded a full payments licence to operate in Singapore by the city-state's central bank, the U.S.-based company ...
Logistics firm GM jailed 33 months, fined $890k for customs offences involving alcohol, cigarettes
A general manager was fined $890,000 and sentenced to 33 months’ jail for customs offences on Sept 25 after pleading guilty to illegally removing uncustomed goods as well as importing them. Read more ...
Singapore Stopover Guide: How To Spend 72 Hours In The Country
One of the most multicultural and dynamic cities in the world, Singapore is the perfect place to spend a long weekend.
Singapore Savings Bond 10-year average yield hits year-to-date high of 3.32%
THE average return per year for the latest tranche of the Singapore Savings Bond (SSBs) has reached a new year-to-date high of 3.32 per cent. Read more at The Business Times.
Parliament to hear three ministerial statements on Singapore’s anti-money laundering efforts
SINGAPORE: The recent billion-dollar money laundering case will be addressed in three ministerial statements at the next Parliament sitting on Tuesday (Oct 3).
Singapore SPAC Vertex Makes S$925 Million Play for Livestreaming Company
A blank-check company from Singapore plans to acquire a Taiwan-based social-entertainment platform in what would be the first such acquisition in the city-state.
Unemployment support in Singapore likely to come with conditions such as skills upgrading: Economists
To prevent abuse of the system, unemployment benefits could be restricted to those who lost their jobs under involuntary circumstances and not due to poor work performance, economists say.
Ageing Singapore offers a blueprint for action By Rahul Malhotra, Duke-NUS Medical School
Singapore's population is ageing at an unprecedented rate. While it has not solved the whole puzzle associated with that issue, it has taken concrete steps that might offer a blueprint for
Singapore stocks end first trading day of Q4 in red, STI down 0.3%
Across the broader market, decliners outnumbered advancers 200 to 184, with 950.5 million securities worth $782.9 million changing hands Read more at straitstimes.com.
MAS working with DBS to find cause of PayNow disruption
The regulator is also following up on the bank's handling of affected customers and transactions. Read more at straitstimes.com.
Coinbase stock leaps after crypto exchange wins key license in Singapore
The license confers not only Coinbase's status in what is now Asia's crypto market hub, following bans on trading and payments in China and other regional economies, but also its commitment to ...
Crypto exchange Coinbase gets Singapore payments licence
The Singapore arm of cryptocurrency exchange Coinbase said on Monday it had obtained a Major Payment Institution (MPI) licence from the city-state's central bank. The licence, granted by the Monetary ...