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Tag: business

Posted on 18/11/2023

Crypto exchange XREX gets Singapore license

Asia-based crypto exchange XREX has secured in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution.

Posted on 18/11/2023

Mastercard’s Crypto Conundrum: CBDCs May Not Be Ready For Prime Time

Ashok Venkateswaran, Mastercard Inc.'s (NYSE: MA) lead for blockchain and digital assets in Asia-Pacific, on Friday asserted the current landscape doesn't provide sufficient grounds for the widespread ...

Posted on 17/11/2023

Singapore opens the door to a shrinking market

Paxos’s push into Singapore, according to Paxos’s head of strategy Walter Hessert, is fueled by its ambition to “open the financial system to everyone, introducing significant opportunities to global ...

Posted on 17/11/2023

Lack of local funding partners forces Volocopter to put air taxi launch in Singapore on hold

The German firm had planned to start air taxi flights for tourists in the Marina Bay area in 2024. Read more at straitstimes.com.

Posted on 17/11/2023

Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore

XREX has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license.

Posted on 17/11/2023

Singapore key exports on track for gradual but uneven recovery: Analysts

SINGAPORE: The slump in Singapore’s key exports eased again in October, with analysts tipping a gradual and uneven recovery back to growth in the months ahead.

Posted on 17/11/2023

11 best Ang Ku Kueh shops in Singapore to get chewy kuehs filled with black sesame, durian & pistachio

Ang Ku Kueh is a traditional tortoise shell-shaped glutinous pastry. Here are the places to get them in Singapore.

Posted on 17/11/2023

Singapore Fintech Festival: SBI announces coming launch of ‘Yono Global’ app in Singapore and United States

At present, SBI offers Yono Global services in 9 countries, starting with the United Kingdom operations in September 2019. In Singapore, SBI is integrating its Yono Global app with PayNow and aims to ...

Posted on 17/11/2023

Exclusive: India seeks to restart stalled Adani coal imports probe

Indian investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to allow them to collect evidence from Singapore, a step ...

Posted on 17/11/2023

India agency asks court for nod to gather evidence from Singapore in Adani coal probe

The agency suspects many of the group’s coal shipments were first billed at higher prices on paper to its Singapore unit. Read more at straitstimes.com.

Posted on 17/11/2023

Singapore’s Beyond The Vines apologises for ‘insensitive’ comments on Israel-Gaza war

Husband-wife founder duo Daniel Chew and Rebecca Ting said they ‘do not condone the killings of thousands of innocent Palestinians’ after being accused of pro-Israel.

Posted on 17/11/2023

S’pore export slump eases again in October, with a less-than-expected 3.4% drop

A low base helped electronic and non-electronic exports to decline less sharply. Read more at straitstimes.com.

Posted on 17/11/2023

Singapore industrial price and rental indices rise for twelfth consecutive quarter

The rental index grew by 2.0%, whilst the price index rose by 1.4% in Q3. According to Colliers, despite tepid industrial indicators, the JTC All Industrial rental index continued its twelfth ...

Posted on 17/11/2023

XREX Singapore Receives MAS Major Payment Institution Licence In-principle Approval

"XREX Group is the world's only digital asset player to which Singaporean and Taiwanese regulators have simultaneously granted approvals for virtual asset services. This is a testament to our ...

Posted on 17/11/2023

Paxos set to launch its new dollar-backed stablecoin in Singapore

Paxos has announced that it will launch a new dolls-backed stablecoin for its users in Singapore. Singapore and its stance on regulation in the crypto landscape. Cryptocurrency brokerage firm Paxos ...

Posted on 17/11/2023

Singapore Buy Now Pay Later Business Report 2023-2030: BNPL Payment adoption is Expected to Grow Steadily

DUBLIN, Nov. 16, 2023 /PRNewswire/ -- The "Singapore Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, ...

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