The European Securities and Markets Authority (ESMA) has called for stricter cybersecurity measures under the EU’s Markets in Crypto-Assets Regulation (MiCA).
MPs raise questions over communication, business uncertainty in move to block Allianz-Income deal
These issues and more were raised in a lengthy Parliament debate lasting four hours. Read more at straitstimes.com.
HDFC Bank Opens First Branch in Singapore
HDFC Bank has opened its first branch in Singapore, offering wholesale banking services. The bank also has branches in Hong Kong, Bahrain, Dubai, and GIFT City.
HDFC inaugurates its first branch in Singapore to expand financial services
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Entertainment firm Neon picks banks for Singapore IPO to raise up to S$500 million
Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter. Read more at The Business ...
Husband and wife live-streamers peddling branded goods on FB fined total of $849k for GST evasion
A married Singaporean couple were fined a total of $849,000 on Oct 15 for fraudulent evasion of goods and services tax (GST) through suppressing values of the imported goods and omitting freight ...
China emerges as India’s top import source
China is now India's top import source with USD 56.29 billion in shipments from April to September this fiscal. The US is the leading export destination, with goods worth USD 40.38 billion. Imports ...
China emerges as India’s top import source during Apr-Sep 2024: Commerce min data
China has emerged as India's top import source with $ 56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to the commerce ministry data. During the ...
Singapore oil tycoon OK Lim faces 20-year sentence for fraud
Singapore oil tycoon Lim Oon Kuin is facing 20 years in prison for deceiving lender HSBC in one of Singapore’s biggest trading scandals in the energy sector.
Daily Cuts – End of an era: Fine dining in Singapore meets its demise
As an increasing number of fine dining restaurants in Singapore shut for good, Andrea Heng and Hairianto Diman speak to Annette Tan, food writer, to examine the factors that led to their demise and ask an industry observer what the future holds for the city’s F&B landscape.
Singapore-based ONE Championship lays off ‘a few dozen’ employees
ONE says the layoffs are part of its "overall strategic plan to bring the company to profitability in the coming months".
Electric scooter startup Gogoro expands to Singapore as it tries to rely less on its home base of Taiwan
The global expansion comes at a tricky time for the startup, which just lost its CEO amid a Taiwanese probe into subsidy compliance.
Singapore Entertainment Firm Neon Is Said to Pick Banks for IPO
Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter.
Jail for Singaporean man whose bank accounts received scam proceeds after sharing details with online women
SINGAPORE: Shortly after his wife died, a man shared details of his bank accounts with people he met online who claimed to be women, only to find out that some of the accounts were later used to ...
Singapore’s Temasek seeks CCI approval to invest in this cloud kitchen platform
Temasek, through Jongsong Investments, is eyeing a major investment in Rebel Foods, aiming to raise $100-$200 million and likely obtaining a 20-25% stake.
Singapore stocks track regional losses on Oct 16; STI down 0.1%
Gainers outnumber losers 288 to 233, as 1.5 billion securities worth $1.2 billion change hands. Read more at straitstimes.com.