SINGAPORE has introduced a new Bill to improve the ability of law enforcement agencies to prosecute money laundering and deal with properties linked to suspected criminal activities. Read more at The ...
Usha Chandradas on Bills to strengthen Singapore’s anti-money laundering regime
NMP Usha Chandradas voiced support for the Corporate Service Providers Bill, which requires corporate service providers and qualified individuals who provide or supervise the provision of corporate ...
DBS Bank Enters Stablecoin Custody Space in Singapore
Singapore's largest bank, DBS Group Holdings, has announced its entry into the cryptocurrency industry with stablecoins.
Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
Digital asset company Paxos received Monetary Authority of Singapore approval to offer digital payment token services, enabling it to issue stablecoins. DBS will be the company's banking partner for ...
“The Asia-Pacific RWA Tokenization Platform” 2024 Biannual Forum is being held in Singapore: The Real Application Moment of RWA is Approaching
Pacific RWA Tokenization Platform (APRTP-Asia-Pacific RWA Tokenization Platform) held its 2024 Biannual Forum at the Singapore Sands Convention Centre. Two world-class bank and bank-backed ...
Sony Ventures Into Crypto With Purchase Of WhaleFin Exchange
Sony ventures into the crypto market with the purchase of WhaleFin Exchange. Discover what this move means for the industry and Sony's future in digital assets.
Investments from GIC ‘not the solution’ to shake up Singapore’s stock market: Chee Hong Tat
Doing so will compromise our objectives of setting up GIC, which is not beneficial for Singapore and Singaporeans,” says Transport Minister and Second Minister for Finance Chee Hong Tat.
Customs officers find contraband cigarettes worth over $800k in unpaid taxes; 3 men arrested
Singapore Customs officers seized a total of 7,500 cartons of duty-unpaid cigarettes. Read more at straitstimes.com.
MSCI Singapore index’s uptrend likely to stay intact in next few months: CGS International
“The index’s uptrend has stayed intact for the past six months, since rebounding from its December 2023 low of 268.72 points, and is likely to maintain its upward trajectory for the next three to six ...
This S’porean left the crypto industry to grow her family’s homemade rice wine business
Instead, she chose to grow Ye Traditions, her family’s then-new rice wine business that’s backed by traditional Chinese medicine (TCM). Now I know what you’re thinking, why would she do that?
Singapore stocks rose on Tuesday—STI increased by 0.2%
SINGAPORE: Singapore stocks rose on Tuesday, July 2, influenced by overnight gains in the US and European markets. The Straits Times Index (STI) increased by 6.37 points or 0.2%, reaching 3,344.94 by ...
Most Singapore companies not fully measuring Scope 3 emissions; understanding is low: study
ONLY 6 per cent of Singapore business leaders said that their organisation is fully measuring and analysing Scope 3 emissions – the carbon emitted along a company’s value chain – said a study released ...
Singapore’s Increased Scrutiny on Family Offices Is Creating More Work for Lawyers
In the wake of a major money laundering scandal, authorities are paying closer attention to the wealth management sector, driving clients to seek more legal advice out of fear they could be subject to ...
Paxos Wins Approval from Singapore to Issue Stablecoins
Paxos secures Singapore's approval to issue stablecoins, boosting its global cryptocurrency operations and partnership with DBS Bank.
Singapore court dismisses appeal to lift freezing order on assets of wife of Three Arrows founder
THE High Court of Singapore has dismissed an appeal from the wife of a founder of failed crypto hedge fund Three Arrows Capital (3AC) to lift the freezing order on her assets. Read more at The ...
US Regulatory Hurdles Push Chinese AI Startups To Shift Base To Singapore
In the face of rising geopolitical tensions and regulatory challenges in the U.S., Chinese artificial intelligence (AI) startups are increasingly relocating to Singapore. This move is aimed at gaining ...