The discussion on this matter in parliament also saw Workers' Party MP Kenneth Tiong apologising after saying National Development Minister Chee Hong Tat had asked a "stupid question".
Singapore rejects 3% of 1,300 family office applications in past 3 years, minister says
Singapore has blocked 3% out of 1,300 applications filed in the past three years to set up tax-exempt wealth management vehicles for rich families, an official said on Wednesday, responding to ...
Crypto’s retail era rattled with ETFs facing US$89,600 pain point
After billions poured into the easy-to-access exchange-traded funds this year, helping push bitcoin to a record high, the token is suddenly down more than 20% from its recent peak. While most ETF ...
Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project
Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore Read more at The Business Times.
Lendlease REIT to Acquire 70% of PLQ Mall to Expand its Suburban Retail Portfolio in Singapore
Key Highlights Following the acquisition, Singapore will represent 89% of the portfolio – reinforcing geographic focus while enhancing income stability and portfolio resilience.Prime location with ... ( read original story ...)
Crypto’s retail era rattled with ETFs facing $89,600 pain point
Average cost basis for US Bitcoin ETFs is $89,613 (11% below current price), marking breakeven point. Recent drop aligns with April technical zone where BTC reversed off 2025 low amid prolonged sellin ...
Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun
[SINGAPORE] The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director Chia Der Jiun. The Singdollar lacks important ...
Private property residents account for majority of households with 2 or more cars
[SINGAPORE] Most households in Singapore that own more than one car are those residing in non-Housing & Development Board (HDB) properties, said Acting Transport Minister Jeffrey Siow in a written ... ( read original story ...)
Bank’s new business unit builds own bot to foster culture of innovation, efficiency
UOB’s new Innovation Group is tapping technology and talent upskilling to adapt to banking’s new “intelligent” business model Read more at The Business Times.
S’pore bank makes it easier for organisations to launch digital vouchers with smart contracts
DBS is tapping technologies such as blockchain, tokenisation and smart contracts for the new generation of “always-on” banking solutions Read more at The Business Times.
Singapore receives interest from Malaysian firms to export renewable energy through second interconnector
For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial Read more at The Business Times.
Appear to Open New Singapore Facility
SINGAPORE— Appear, an Oslo-based provider of live production technology, is opening a new facility in Singapore as part of the company’s expansion into the Asian market.
Singapore Gulf Bank and Fireblocks Partner to Boost Digital Asset Services
Singapore Gulf Bank partners with Fireblocks to enhance digital asset services, offering secure treasury management, and global transactions.
BDO quit role supporting Singapore family office linked to scam empire
Two employees resigned as company secretaries to group accused of being part of international fraud last month ...
Hyundai Motor Group, HTX to pilot modular EVs for Singapore public safety fleet
Hyundai Motor Group and Singapore’s science and technology agency HTX have signed a MoU to collaborate on future mobility.
OCBC trims First REIT’s fair value estimate on FX impact, a ‘recurring detractor’
The healthcare-focused REIT’s underlying rental income from Indonesia and Japan was up 5.5% and flat at IDR567.3 billion and JPY1.1 billion respectively, in local currency terms.