Singapore’s central bank is planning to introduce new regulations that will make it harder for retail investors to trade cryptocurrencies. Ravi Menon, managing director of the Monetary Authority of ... ( read original story ...)
Singapore: Industrial Production disappointed in July – UOB
Senior Economist at UOB Group Alvin Liew comments on the latest Industrial Production figures in Singapore. Key Takeaways “Singapore’s industrial production (IP) came in below ... ( read original story ...)
Investors ‘Irrationally Oblivious’ to Crypto Trading Risks: Singapore’s Financial Regulator
In hopes of limiting high risk in the crypto sector, Singapore is looking to make it more difficult for retail investors to join the market. ( read original story ...)
Singapore: ‘Crypto Is Hazardous for Retail Investors’
Customers “seem to be irrationally oblivious about the risks of cryptocurrency trading,” a key regulator said. ( read original story ...)
Indian-Origin Woman Get 6 Months Jail Term For Cheating Bank In Singapore
A 29-year-old Indian origin single mother was on Monday sentenced to six months jail for cheating Citibank by submitting forged documents to secure loans. Kiran Kaur was jobless and facing financial ... ( read original story ...)
All fuel pump prices in Singapore rise to match increases by Caltex, Shell
SINGAPORE - All fuel pump prices here have gone up, after Shell and Caltex raised diesel by seven cents and petrol by three cents a litre on Wednesday (Aug 24).On Monday (Aug 29) afternoon, SPC became ... ( read original story ...)
Singapore introduces new work visa rules to woo foreign talent
Singapore on Monday announced new work visa rules to woo foreign talent as the Asian financial hub looks to bolster its recovery from the COVID-19 pandemic. ( read original story ...)
Singapore’s Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation
The head of the Monetary Authority of Singapore, Ravi Menon, insists this stance is "synergistic" and says price speculation is the source of the crypto world's problems. ( read original story ...)
Singapore eyes crypto credit curbs but China-style ban unlikely
Singapore is unlikely to head down China's path in imposing a sweeping ban on cryptocurrencies, but will work to make conditions more stringent for investors who wish to speculate on the digital ... ( read original story ...)
Singapore Unveils Long-Term Work Visas to End Talent Crunch
Singapore is overhauling visa rules to attract foreign workers and ease a tight labor market that’s contributing to wage and price pressures.Most Read from BloombergPowell Heaps Pressure on Risk Senti ... ( read original story ...)
PropertyBT Podcast: Impact of rising interest rates on Singapore property
How will rising inflation, interest rates and a looming recession affect the Singapore property market? Senior correspondent Leslie Yee explains. Read more at straitstimes.com. ( read original story ...)
‘I just felt really stupid’: How a scam victim almost lost more than S$1 million – until police and the bank intervened
Scams were the top driver of crime in the first half of 2022 with more than 14,000 cases reported – 85% more than in the same period last year, says the Singapore Police Force. ( read original story ...)
Single mother jailed over Citibank cheating case, 13th person to date
"Charles told the accused not to worry and that the accused did not need to satisfy the requisite income level to qualify for a bank loan." He got Kaur to divulge her Singpass login details and told ... ( read original story ...)
Singapore mulls making it harder for people to trade crypto
Singapore started tightening crypto rules early this year with a ban on advertising, and plans to require virtual-asset providers to be licensed locally even if they only do business overseas. The ... ( read original story ...)
Singapore central bank mulls customer suitability test, restriction on use of credit for cryptocurrency trading to protect retail consumers
To further reduce consumer harm caused by volatile cryptocurrency investments, the Monetary Authority of Singapore (MAS) is considering ... ( read original story ...)
Singapore to launch new work pass for top talent in all sectors from 2023
There is a S$30,000 minimum monthly salary requirement for the new Overseas Networks & Expertise Pass. Those with “outstanding achievements” in tech, arts, academia or sports can qualify even if they ... ( read original story ...)