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Tag: business

Posted on 29/10/2024

UK’s wealthy ‘non-doms’ set sights on Singapore over Budget tax threat

WEALTH managers are seeing increasing interest from ultra-rich foreigners looking to relocate to Singapore from the UK, bringing with them a fresh influx of wealth, market watchers told The Business ...

Posted on 29/10/2024

Winklevoss Twins’ Gemini Wins Singapore Approval for Crypto Expansion

Gemini secures major regulatory approval in Singapore, expanding its global footprint. The Winklevoss-owned crypto exchange will be able to offer cross-border crypto transaction services. Singapore ...

Posted on 29/10/2024

Gemini crypto exchange receives preliminary approval in Singapore

Crypto exchange Gemini has received preliminary approval from Singapore’s central bank to offer some of its services in the country. On Oct. 29, the Monetary Authority of Singapore (MAS) granted ...

Posted on 29/10/2024

Singapore stocks close higher in tandem with region; STI up 0.2%

SINGAPORE - Equities in Singapore closed higher on Oct 29 ... UOB went up 1 per cent to $32.75 . THE BUSINESS TIMES Join ST's Telegram channel and get the latest breaking news delivered to you.

Posted on 29/10/2024

Singapore digital economy grew 6.6% in 2023; efforts to help SMEs adopt generative AI underway: IMDA

SINGAPORE’S digital economy grew 6.6 per cent to account for S$113 billion of the nation’s gross domestic product in 2023, up from S$106 billion in 2022. Read more at The Business Times.

Posted on 29/10/2024

Crypto exchange Gemini gets initial nod from Singapore regulator MAS

The cryptocurrency exchange is now one step closer to offering localised services for customers in the region. Read more at straitstimes.com.

Posted on 29/10/2024

Singapore shares open almost flat on Tuesday; STI up 0.02%

SINGAPORE shares opened almost flat on Tuesday (Oct 29), after US and Europe’s indices rose overnight. Read more at The Business Times.

Posted on 29/10/2024

From enforcer to advocate: Ex-SEC lawyer talks lessons learned from crossing the crypto divide

Ladan Stewart spent eight years as an enforcement attorney at the Securities and Exchange Commission before leaving to represent cryptocurrency clients.

Posted on 29/10/2024

Singapore core inflation expected to cool to 3-year low by end-2024: MAS

In 2025, lower import prices and slower domestic wage growth should keep inflation down. Read more at straitstimes.com.

Posted on 28/10/2024

EXCLUSIVE: HAQQ Network Co-Founder Discusses Asia’s Rising Role In Global Crypto Adoption

Asia's crypto space has evolved significantly in recent years as more countries work toward broader adoption, and even as challenges remain for mass adoption, the region's role in the global stage of ...

Posted on 28/10/2024

Women representation on Singapore boards crosses 25 per cent target ahead of time

SINGAPORE - A quarter of board directors for the top 100 companies listed on the Singapore Exchange are now women, crossing the 25 per cent mark ahead of 2025, according to mid-year data from the ...

Posted on 28/10/2024

Singapore shares fall, bucking regional trend; STI slides 0.3%

SINGAPORE – Shares in Singapore started the week in the red on Oct 28, even as most regional exchanges ended higher. The benchmark Straits Times Index (STI) fell 0.3 per cent, or 9.33 points, to 3,584 ...

Posted on 28/10/2024

Hong Kong unveils AI policy for finance, floats tax breaks for crypto

The city is keen to burnish its credentials as Asia’s go-to center for financial services. Read more at straitstimes.com.

Posted on 28/10/2024

Singapore’s central bank sees growth and hiring on the rise as inflation eases into 2025

Nearly 60 per cent of the economy is exceeding or at pre-pandemic growth norms. Read more at straitstimes.com.

Posted on 28/10/2024

Raising in 2024: Why Australian startups are turning to Singapore for VC

Here’s what Peak XV MD Abheek Anand, Investible's Ben Lindsay and Clayton Chu from Prosus Ventures had to say.

Posted on 28/10/2024

Inflation to ease further in 2025, amid moderate external and domestic cost conditions: MAS

THE Monetary Authority of Singapore (MAS) on Monday (Oct 28) repeated its expectation for core and headline inflation to both average 1.5 to 2.5 per cent in 2025, “down significantly from their peaks ...

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