SINGAPORE: Amazon plans to invest an additional S$12 billion (US$8.88 billion) in Singapore over the next four years to expand its cloud computing infrastructure in the country. This is to ...
Crypto winter hits Crypto.com’s Irish entity as revenues plunge 80%
An Irish subsidiary of Singapore-based crypto asset exchange Crypto.com reported a nearly 80 per cent drop in revenues for 2022 amid a collapse in trading volumes and asset prices following a number ...
Amazon says will invest $9 billion in Singapore
Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city. Microsoft pledged US$2.2 billion in artificial ...
Singapore ranks 9th most crypto-friendly country in the world
Singapore ranked 9th amongst the world’s most crypto-friendly countries, with a score of 67.47 out of 100. In Singapore, 11.1% of the population holds crypto assets despite the 61.3% gap in the cost ...
Crypto.com says it now has more than 100 million global users
Singapore-based digital asset exchange Crypto.com today said that more than 100 million people around the world are now using its services. Per its press release, this milestone was achieved shortly ...
SICCI head: Ties between Singapore and India will continue to flourish under Lawrence Wong
SINGAPORE: At the centennial celebration of the Singapore Indian Chamber of Commerce and Industry (SICCI) on... The post SICCI head: Ties between Singapore and India will continue to flourish under La ...
SINGAPORE’S PRIVATE ECONOMY EXPANDS FOR 14 CONSECUTIVE MONTHS
SINGAPORE, May 6 (Bernama-Xinhua) -- The seasonally adjusted S&P Global Singapore Purchasing Managers' Index posted 52.6 in April, marking the Singaporean private business condition's continued ...
SIA and Scoot first airlines to get Neste’s Singapore-made sustainable fuel at Changi Airport
SINGAPORE: The Singapore Airlines (SIA ... shippers and freight forwarders to claim the associated environmental benefits for flights related to their business travel and operations, validating the ...
Five years’ jail for scam mastermind in Singapore who cheated company director of RM5.25mil
Under the pretence of facilitating a loan deal, a man who was a bankrupt duped a director of three firms into handing over $1.5 million in February 2021.
Man fined $8,000 for illegally importing 6.3 tonnes of meat products
SFA officers found and seized the goods, which included chicken, duck and mutton products. Read more at straitstimes.com.
Regulatory hurdles: South Korea blocks crypto charity donations
South Korea has decided to remove virtual currencies as a form of donation. Kyunghyang Shinmun reported on May 5 that the Ministry of Public Administration has revised the “Donations Act,” but the ...
Crypto Venture Capital Funding Raised Over $1B in April and March, Signaling Onset of Bull Season
The blockchain infrastructure sector attracted over $1 billion in crypto funding in April, closely followed by the DeFi, and CeFi.
Singapore shares close higher, with Reits leading gainers
Market analysts say the outperformance comes amid improved investor sentiment towards inflation and interest rates. Read more at straitstimes.com.
Singapore battles to revive struggling stock market
Singapore is studying proposals to shake up its struggling stock market as the gap between the financial hub’s performance and other regional exchanges widens. Read more at The Business Times.
Singapore Airlines orders 1,000 tonnes of sustainable aviation fuel from Neste
SINGAPORE Airlines (SIA) has agreed to purchase one thousand tonnes of sustainable aviation fuel from renewable fuel producer Neste, the national carrier announced on Monday (May 6). Read more at The ...
South Korea stops short of allowing crypto in updated donation laws
The South Korean Ministry of Public Administration has amended its donations legislation, leaving out crypto as an option.