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Posted on 10/09/2024

Singapore tweaks casino law to allow cashless gaming; ‘no intention’ of letting crypto be used to bet

Amendments to the Casino Control Act will also see the Home Affairs Minister overseeing functions related to the whole of government at the strategic level, while the Gambling Regulatory Authority ...

Posted on 10/09/2024

Singapore passes landmark Bill recognising ride-hail, delivery gig workers as distinct labour class

SINGAPORE: Cabbies, private-hire drivers and freelance delivery workers who rely on online matching platforms for income will get better labour protection from Jan 1, 2025, after Parliament passed a ...

Posted on 10/09/2024

Worldcoin accounts and tokens under scrutiny in Singapore’s Payment Services Act probe

The Singapore police are investigating seven individuals trading Worldcoin accounts and tokens, noting that this may violate the Payments Services Act of 2019. Deputy Prime Minister Gan Kim Yong ...

Posted on 10/09/2024

MOE takes legal action against contractors over Mobile Guardian cybersecurity breach

Data from 13,000 personal learning devices was wiped out in August. Less than 5 per cent of users were unable to recover all their data because the devices were not backed up.

Posted on 10/09/2024

Tata Electronics and ASMPT Singapore Collaborate to Boost India’s Semiconductor Manufacturing

Tata Electronics has signed an MOU with ASMPT Singapore to enhance semiconductor assembly and test facilities in Karnataka and Assam. The partnership aims to advance service engineering infrastructure ...

Posted on 10/09/2024

STI hits 52-week high on strong market sentiment; Singtel gains 3.2%

SINGAPORE - The Straits Times Index (STI) rode a wave of stock market optimism to hit a 52-week intraday high of 3,523.47 points on Sept 10. It also achieved its highest close in 52 weeks, at 3,512.67 ...

Posted on 10/09/2024

Singapore’s record setting US$24 million office sale on Orchard Road signals investor interest

The purchase of the sixth story of the Tong Building, highlights investor interest in the city’s commercial property market despite economic headwinds. ( read original story ...)

Posted on 10/09/2024

Singapore’s CPF urges foreign contributors to withdraw savings after account closure

Board has called on all foreigners who have previously contributed to the social security scheme to transfer out their savings following their accounts being closed automatically in April.

Posted on 10/09/2024

Jail, caning for man who gave Singpass and bank details to ‘Devil’, committed theft and drug offences

Yeh Chia Wei's details were used for the facilitation of scams involving some $2.6 million. Read more at straitstimes.com.

Posted on 10/09/2024

Standard Chartered launches digital asset custody service in the UAE

Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority ...

Posted on 10/09/2024

Seven Under Investigation as Singapore Cracks Down on Worldcoin Trading

Singapore authorities have launched an investigation into seven individuals allegedly involved in the illicit trading of Worldcoin accounts.

Posted on 10/09/2024

Sam Altman’s Crypto Project Worldcoin Faces Scrutiny in Singapore

Singapore is scrutinising activities related to Worldcoin, a cryptocurrency project that utilizes iris scans for user identification.

Posted on 10/09/2024

Higher costs to protect platform workers ‘part and parcel’ of doing business, says Koh Poh Koon as law passes

Market competition and union-like associations can help to counter any loading of costs onto platform workers and fears of discrimination if they opt for higher CPF contributions, said Senior Minister ...

Posted on 10/09/2024

Rising women power will not shield Singapore companies from fierce headwinds

WOMEN are busy smashing glass ceilings abroad and at home. Vice-President Kamala Harris could be the first woman ever to lead the United States if she wins in November’s presidential election. Read ...

Posted on 10/09/2024

New app to manage students’ device use expected by Jan 2025; legal action taken over Mobile Guardian incidents

Mobile Guardian has been terminated in all students’ personal devices since end August. Read more at straitstimes.com.

Posted on 10/09/2024

Singapore Police Investigates Worldcoin Account Sales: Deputy PM

Deputy PM Gan Kim Yong announced that Singapore police are investigating seven individuals suspected of providing sales of Worldcoin accounts.

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