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Posted on 30/09/2024

More S’pore consumer protection rules for retail crypto investors from June 2025

SINGAPORE - Digital asset firms that are licensed in Singapore will have to comply with rules that protect retail consumers in two phases, in October and next June. Rules to do with ring-fencing ...

Posted on 30/09/2024

Singapore: The Gateway for Global and Southeast Asian Businesses to Thrive Beyond Borders

SINGAPORE - Media OutReach Newswire - 30 September 2024 - As Southeast Asia (SEA) experiences strong economic growth, Singapore is strategically positioned to support manufacturers in expanding their ...

Posted on 30/09/2024

US$3.6 billion payout to HSBC, liquidators ends OK Lim’s civil cases in Singapore

Lim's legal troubles aren't over. He is due to be sentenced at a later date in a separate criminal trial for cheating and forgery offences Singapore's High Court approved former oil tycoon Lim Oon ...

Posted on 30/09/2024

Crypto Services Provider Matrixport Buys Deutsche Boerse Unit, Crypto Finance

Singapore-based crypto financial services platform Matrixport h as announced an all-cash acquisition of licensed Swiss crypto asset manager and former Deutsche Boerse Group subsidiary, Crypto Finance ...

Posted on 30/09/2024

TOKEN2049 Doubles Down On Record Shattering Success: The World’s Largest Crypto Event With 20,000 Attendees and 800 Side Events

TOKEN2049, the world’s largest Web3 and crypto conference, celebrated its week-long extravaganza as the entire industry converged in Singapore.

Posted on 30/09/2024

Singapore Producer Prices Decline 5.7% In August

Singapore's producer prices decreased for the first time in nine months in August, data from the Department of Statistics showed on ...

Posted on 30/09/2024

Former Top Singapore Oil Trader Hit With $3.5-Billion Lawsuit Bill

A Singaporean oil tycoon and his family have been ordered to pay $3.5 billion in compensation for a decade-long fraud scheme that defrauded a bank.

Posted on 30/09/2024

Singapore’s Sea accelerates digital bank push in Thai license bid

Singaporean tech group Sea is making another bid in its digital banking venture, applying for a license in Thailand after launching the business at home and entering several other Southeast Asian ...

Posted on 30/09/2024

With better protections, can platform work in Singapore now be a lifelong career?

CNA looks at the sustainability of gig work after Singapore's moves to ensure the rights of private-hire drivers and delivery riders.

Posted on 30/09/2024

Pope Francis Praises Singapore’s Development, Urges Greater Appreciation of Migrant Workers

SINGAPORE — Pope Francis on Thursday praised Singapore’s economic strength as a testament to human ingenuity but urged the city-state to look after the weakest, too, especially foreign workers ...

Posted on 30/09/2024

Singapore stocks start the week with little change on Monday—STI slipped by 0.02%

In the US, Wall Street had a mixed close last Friday. Nasdaq and S&P indices fell slightly but stayed close to their recent peaks ...

Posted on 30/09/2024

Singapore Keen To Re-Emerge As A Major Cricket Destination

There have been discussions over how to make Singapore more of a hub for cricket given its strategic location, financial might and 55,000-seat national stadium.

Posted on 30/09/2024

Lim Oon Kuin agrees to $3.59 billion settlement with HSBC and liquidators

Singapore’s High Court approves a $3.59 billion settlement involving former oil tycoon Lim Oon Kuin, Hin Leong’s liquidators, and HSBC, ending years of civil litigation. Lim, who still faces criminal ...

Posted on 30/09/2024

Ex-Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion

Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending the multiyear civil cases ...

Posted on 30/09/2024

OK Lim and kids agree to pay US$3.5 billion to Hin Leong liquidators, top creditor HSBC; to file for bankruptcy

HIN Leong Trading founder Lim Oon Kuin – the former Singapore oil tycoon better known as OK Lim – and his children, Evan Lim Chee Meng and Lim Huey Ching, have agreed to pay US$3.5 billion to the ...

Posted on 30/09/2024

HSBC expands Premier offering with health protection, future planner tool

HSBC has enhanced its Premier offering in Singapore and Hong Kong, delivering wealth management, health protection, international services, and lifestyle privil ...

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