Currently, HashKey OTC operates under a licensing exemption in Singapore. The firm provides services to accredited investors and financial institutions with spot trading for 40 digital assets with ...
SphereX, a Decentralized Crypto Exchange, Secures Major Investment from SNZ, Strengthening Support
SphereX, a pioneering decentralized cryptocurrency exchange (DEX), is pleased to announce the successful addition to its latest funding round, which saw significant investments from a prominent backer ...
Committee of Supply 2024 debate, Day 1: Indranee Rajah on prudent use of public funds and strengthening Singapore’s competitiveness and hub status
The Government seeks to achieve prudent spending with good outcomes - which is value for money, said Second Minister for Finance Indranee Rajah. Speaking in Parliament on Wednesday (Feb 28), she ...
No need to raise GST in Singapore until 2030: DPM Lawrence Wong
There will be no need to increase the current Goods and Services Tax (GST) rate up to 2030, said Deputy Prime Minister (DPM) and Minister for Finance Lawrence Wong during a debate on Budget 2024 in ...
Singapore does not need further GST increases up to 2030 as ‘we’re in a sound position’: DPM Wong
There will be no further increases in the Goods and Services Tax (GST) up to year 2030, said Deputy Prime Minister Lawrence Wong in Parliament today (Feb 28) as he wrapped up the debate on his Budget ...
Singapore businesses ‘jump on bandwagon’ as Taylor Swift mania hits crescendo ahead of Eras shows
From bracelet-making workshops to singalong events, Singapore business owners are cashing in on the staggering economic benefits of Swift’s Eras Tour, which is the first to gross more than US$1 ...
More Singapore businesses will have to report sustainability information, starting with listed firms in 2025
Singapore will require all listed firms to make climate-related disclosures from financial year 2025, followed by large non-listed firms two years later.
Singapore-registered firm accused of swindling $1.2b from 26,000 people in Japan’s largest scam
Sky Premium was billed as Singapore's first invitation-only “exclusive privileges club”. Read more at straitstimes.com.
Woman charged after allegedly misappropriating $5.6m from crypto exchange to buy luxury car, goods
Singaporean Ho Kai Xin, who was ordered by the High Court in July 2023 in civil proceedings to pay back the stolen sums to ByBit Fintech, had purportedly used the funds to buy a $362,000 Mercedes car ...
Singapore must transform to meet ‘very ambitious’ productivity targets, achieve real growth: Lawrence Wong
This requires continual transformation, he said: Firms must learn new ways to do business, workers must learn new skills and embrace new technologies, and new sectors must replace declining industries ...
Woman accused of pocketing US$4.2 million from crypto firm charged with cheating and other offences
A pair of slippers, a bag, a car and a pair of sunglasses were seized as proceeds of crime. (Photos: Singapore Police Force) SINGAPORE: A woman who handled the payroll for a cryptocurrency exchange ...
Woman who bought luxury car, goods after $5.6m in crypto goes missing from exchange charged
SINGAPORE - A woman who was sued by a crypto exchange over her alleged misappropriation of US$4.2 million (S$5.6 million) worth of crypto has been charged in court. Singaporean Ho Kai Xin, who was ...
Here’s How 10 APAC Markets Are Approaching Crypto Regulation
2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse ...
The case for an Exim bank for Singapore
Amid a challenging global trade environment, Singapore should consider establishing a dedicated export promotion agency. Read more at straitstimes.com.
Southeast Asia lays the groundwork to become crypto, blockchain, AI hub
The Southeast Asia region was highly represented in Chainalysis’s 2023 global crypto adoption index, with countries such as Vietnam, the Philippines and Thailand on the brink of a crypto revolution.
Singapore foreign interference law: Who will it affect?
For decades, global business hub Singapore has lauded itself as one of the world's most open economies. But the Southeast Asian country's new foreign interference law could taint its liberal image.