Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.
Singapore’s economy misses forecasts with 2.7 percent growth
Gross domestic product (GDP) expanded 2.7 percent on-year, the Ministry of Trade and Industry said on Friday, faster than the previous three months but weaker than the 3.0 percent projected in a ...
Hong Kong digital assets exchange warns over viability of city’s new crypto rules
Digital coins remain highly popular in Hong Kong despite links to a series of freewheeling practices in the past. Sam Bankman-Fried’s FTX was founded in the city, and Hong Kong was also the location ...
Singapore economic growth missed forecasts in first quarter
Singapore’s economy grew slower than expected in the first quarter, early data showed Friday, as a struggling manufacturing sector weighed on tourism spending from events including Taylor Swift’s ...
Crypto for Advisors: Are ETH ETFs Coming?
Market odds of approval in May are dwindling, but David Lawant and Purvi Maniar of FalconX say we’ll likely see an ETH ETF approval over the next 12-18 months.
askST: New to filing income tax? Here’s a guide
The deadline for those filing their income tax returns electronically is April 18. Read more at straitstimes.com.
Time to make it listed firms’ business to tackle undervalued shares to revive S’pore’s stock market
This is one of Sias’ 3 suggestions to tackle persistent undervaluation and bring confidence back. Read more at straitstimes.com.
Singapore loses appeal as MNC regional headquarters of choice, says report
The report said Nissin Foods Holdings in 2020 moved its Southeast Asian headquarters from Singapore to Thailand, which is also working to lure multinationals through tax incentives.
Malaysia and Thailand are giving Singapore competition in attracting multinational companies
Due to lower operational costs and more tax incentives, other nearby countries are becoming more attractive to Japanese and European companies ...
ADB sees Singapore growth accelerating and inflation slowing in 2024 to 2025
ADB said the Singapore economy will grow 2.4 per cent in 2024, up from 1.1 per cent in 2023. Read more at straitstimes.com.
More robust laws will help, not hurt, Singapore’s business-friendly reputation
BEING a country known for its business-friendly environment has its perks but is not without peril, as recent high-profile criminal cases ...
Three-quarters of German arms exports sent to Ukraine
From 1 January to 27 March, the German government approved the export of military goods worth at least €4.89 billion, nearly three-quarters of which – 72% or €3.54 billion – is intended for Ukraine.
Hong Kong Considers Changing Tax Rules to Lure Private Credit Business
Hong Kong’s government is considering new tax rules that would give more favorable treatment to popular alternative investments including private credit and infrastructure, according to people ...
IOTA targets RWA and DeFi traction with major program in Singapore
IOTA Foundation has revealed a key program aimed at promoting the Real-World Asset (RWA) tokenization ecosystem on IOTA. The 12-week Accelerator is a collaboration with early-stage venture capital ...
Crypto.com Obtains Full Dubai Operational License
The firm said the development makes it a first for a global crypto firm to be operational with fiat in the UAE. Singapore-based digital asset exchange Crypto.com has received full operational approval ...
India’s NCEL to export 1,600 tonnes of white rice to Singapore
India’s National Cooperative Export Ltd, jointly owned by India’s five top cooperative organisations, will export 1,600 tonnes of white rice to Singapore following successful negotiations with the ...