Coinbase co-founder and CEO Brian Armstrong said that Singapore aims to be a Web3 hub, but disapproves of crypto trading. Coinbase recently secured approval from the Monetary Authority of Singapore to ...
Singapore Says Covid-19 Wave Subsiding, Rolls Out More Boosters
Singapore’s recent Covid-19 wave is subsiding, according to the government task force coordinating the city-state’s pandemic response. The Omicron XBB variant-driven wave, which averaged 8,000 cases a ...
Saxo and HSBC partner for fund transfers in Singapore
Saxo, a leading Fintech specialist that connects people to investment opportunities in global capital markets, has worked with HSBC to incorporate eGIRO and FAST Direct Debit Solution to support ...
Singapore Venture Funding Landscape 2022
In the latest report, DealStreetAsia and Enterprise Singapore examine the venture capital market activity of the first nine months of 2022. The period has been characterised by macroeconomic headwinds ...
Singapore’s three major banks expected to continue delivering double-digit profit growth in 2023, says Fitch
Singapore’s three major banks are expected to continue to deliver double-digit profit growth in 2023, as they are among the top beneficiaries in Asia-Pacific of higher interest rates, said Fitch ...
Singapore’s UOB to stop financing oil and gas projects
Singapore’s UOB will provide no new project financing for upstream oil and gas projects approved for development after 2022, following in the footsteps of an increasing number of European lenders. UOB ...
Singapore Retail Sales Growth Eases In September
Singapore's retail sales growth eased further in September, data from the Department of Statistics showed on Friday. Retail sales ...
Singapore Fintech Festival 2022: MAS MD Menon equates fintech transformation to Wu Xing
Day two of Singapore Fintech Festival kicked off with Ravi Menon, managing director of the Monetary Authority of Singapore on the global plenary stage highlighting that innovation and digitalisation ...
HashKey Capital Singapore Secures In-Principle Approval for the Capital Markets Services License from the Monetary Authority of Singapore
HashKey Capital Singapore, part of HashKey Capital, prides itself as a company which takes the next step in bringing digital assets closer to mainstream institutional adoption. " Singapore is quickly ...
Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
Singapore's central bank has approved an in-principle license for a local unit of Hong Kong virtual asset manager Hashkey Group, the company said Friday. Once granted, the license will allow the ...
DBS shifts focus on retail, MSME loans
Singapore-headquartered multi-national bank DBS plans to diversify its lending portfolio in the country into gold loans, consumer finance and MSME loans, from its strong suit of corporate lending.
U.S. crude oil exports to Asia poised to hit record high
An oil tanker waits in line in the ocean outside the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles HOUSTON/SINGAPORE (Reuters ...
Billionaire Ng Family’s Far East, Sekisui Submit Top Bid Of $226 Million For Singapore Condo Site
Far East and Sekisui plan to build two 27-story blocks of 330 units on the 10,395-square-meter site in the prime Bukit Timah residential encalve.
Business at Mediacorp actor Yao Wenlong’s JB eatery back to 80% of pre-Covid levels
Mediacorp actor Yao Wenlong, who owns pao fan speciality restaurant Sun Gourmet Kitchen (新煌亭), first opened the eatery in late 2019, months before the Covid-19 pandemic. Prior to the pandemic, the ...
Singapore launches expanded initiative for cross-border usage of digital currency
The Monetary Authority of Singapore has launched an expanded collaboration with international partners on cross-border foreign exchange settlement using wholesa ...
Singapore’s fintech boss says stablecoins might win before CBDCs even get started
While central bank digital currencies (CBDCs) are often advanced as a way to improve the world's creaking cross-border payments infrastructure, some financial experts believe the government-issued ...