An MPI license allows institutions to provide crypto and fiat-related services to residents of Singapore. Licensed firms are authorized to conduct payment services without being subjected to single transaction limits of 3 million Singaporean Dollars ($2.2 ...
Quinn Emanuel Moves to Launch in Singapore, Says ‘Lots of Cases Veering That Way’
The firm’s two Asian office launches, taking place just months apart, are an indication of increased client demand and needs around complex, high profile commercial litigation and investigations in the region.
Thai, Singapore tech firms surge in market value
BANGKOK/SINGAPORE -- Tech companies and electronics suppliers in Southeast Asia have soared in market value since the COVID pandemic began, while the region's mainstay corporations have drifted ...
IPO Roundup: Abivax, Lexeo Therapeutics and more
Despite the initial sluggishness, the IPO market has shown robust performance so far in 2023. The Renaissance IPO Index has risen by 31% year-to-date, outpacing the 12% increase in the S&P 500. This ...
Crypto exchange Coinbase wins key Singapore license
The license, issued by Singapore’s central bank, will allow Coinbase to offer digital payment token services to individuals and institutions in the city-state. Coinbase called Singapore a "vital ...
Jail for engineering firm boss in Singapore who forged invoices of over S$1m; claims he was helping friend lower tax bill
A sole proprietor of an engineering company was today sentenced to 30 weeks’ jail after pleading guilty to five counts of forging invoices amounting to ...
Shell company Vertex Tech to buy streaming platform 17Live for $676 million in landmark deal for Singapore
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.