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Tag: business

Posted on 07/03/2025

China’s Jan-Feb crude oil imports fall as sanctions, port ban curb flows

China's crude oil imports fell 5% in the first two months of 2025 versus year-ago levels, data showed on Friday, as tougher U.S. sanctions on ships carrying Russian and Iranian oil and a Chinese port ...

Posted on 07/03/2025

Stocks to watch: UMS, NetLink NBN Trust, ComfortDelGro, Singapore Exchange

THE following companies saw new developments that may affect trading of their securities on Friday (Mar 7). Read more at The Business Times.

Posted on 07/03/2025

Razorpay enters Singapore ahead of IPO

Razorpay expands into Singapore, aiming to revolutionize cross-border transactions with AI-powered payment solutions.

Posted on 07/03/2025

How the Biggest Crypto Hack Ever Nearly Destroyed the World’s No. 2 Exchange

Bybit survived, thanks to emergency loans from its peers, but questions over the crypto industry’s security linger.

Posted on 06/03/2025

Crypto Custodian Hex Trust Secures Major Payment Institution License in Singapore

Hex Trust, a cryptocurrency custodian and trading platform, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), the firm said on Thursday.

Posted on 06/03/2025

Man charged with importing 154 replica guns into Singapore without permit

SINGAPORE: A 44-year-old man was charged in the State Courts on Thursday (Mar 6) for importing 154 replica guns into Singapore without a permit.

Posted on 06/03/2025

Man charged with importing 154 replica guns including toy rifles and pistols without permit

Ng Jie Sheng, 44, allegedly imported 84 sets of toy rifles, 70 sets of toy pistols and other accessories. Read more at straitstimes.com.

Posted on 06/03/2025

Singapore semicon companies, including startups, can tap new S$500m national fab facility by 2027

Singapore semiconductor companies, including startups, will be able to tap the new S$500 million national fabrication facility announced in Budget 2025. Read more at The Business Times.

Posted on 06/03/2025

Singapore to start S$200 million long-term investment fund for enterprises with longer, complex growth trajectories

SINGAPORE will set up a new S$200 million fund for investing in enterprises with longer or more complex growth trajectories “that require more time to fully realise their potential”, said Minister for ...

Posted on 06/03/2025

Nomura hires Ong Kin Yok as Malaysia, Singapore MD, team head for international wealth

Japan's Nomura Holdings has appointed Ong Kin Yok as managing director and team head for Malaysia and Singapore of its international wealth management business, according to an internal memo seen by ...

Posted on 06/03/2025

Singapore Minister Warns Public Against Crypto as Fraud Cases Surge

Singapore’s Minister of State for Home Affairs warns against crypto investments, citing a 70% rise in fraud losses to $1.1 billion in 2024.

Posted on 06/03/2025

Crypto Fraudsters Can be Fined, Jailed and Now Also ‘Caned’ by Authorities

The government is exploring this option to deter financial crimes and protect citizens from falling victim to crypto fraud.

Posted on 06/03/2025

Singapore to get new regulations to tackle online sale of non-compliant mobility devices

REGULATIONS against online marketplace platforms and retailers selling non-compliant active mobility devices will be introduced here, said Senior Parliamentary Secretary for Transport Baey Yam Keng on ...

Posted on 05/03/2025

Man to face charges over illegally importing 154 replica guns without a permit

The police first received information on sales of replica guns on an e-commerce platform in May 2023. Read more at straitstimes.com.

Posted on 05/03/2025

Man to be charged for suspected involvement in importing 154 replica guns without permit

SINGAPORE: A 44-year-old man will be charged in court for his suspected involvement in importing 154 replica guns into Singapore without a permit, the police said on Wednesday (Mar 5). On May 11, 2023 ...

Posted on 05/03/2025

Malaysia, Singapore & the US to continue working closely on trade involving US-sanctioned chips

"While Malaysia maintains a neutral position on unilateral sanctions, companies operating in Malaysia are advised to be aware of other countries' unilateral export controls which apply to their ...

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