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Tag: business

Posted on 17/10/2023

Most European businesses here will welcome EU-Singapore digital trade pact: Survey

SINGAPORE – An overwhelming majority of European companies operating in Singapore and across the Asean region would welcome a digital trade agreement (DTA) between the European Union and the Republic, ...

Posted on 17/10/2023

Battle of brews: After Flash Coffee, who’s who in the fight for coffee supremacy in Singapore

SINGAPORE’S small population belies its place among the world’s top coffee-drinking countries. Analytics company GlobalData indicated that the city-state consumed 122.7 litres of coffee per capita in ...

Posted on 17/10/2023

Accolades Galore: PARKROYAL COLLECTION Marina Bay, Singapore Triumphs with Multiple International and Local Sustainability Awards

These prestigious awards acknowledge PARKROYAL COLLECTION Marina Bay, Singapore's unwavering commitment to excellence, innovation, and sustainable practices within the hospitality industry. The year ...

Posted on 17/10/2023

Singapore: MAS holds fast while GDP surprises on upside

Despite the moderation, the MAS remains mindful of a potential flare-up of inflation given the recent surge in global energy prices. Uncertainty on the inflation front also remains clouded by the ...

Posted on 17/10/2023

Upbit Inches Closer To Offering Crypto Services In Singapore

South Korean cryptocurrency exchange Upbit on Monday announced that it has gained preliminary consent from the Monetary Authority of Singapore (MAS) to provide digital payment token services within ...

Posted on 16/10/2023

South Korean Crypto Exchange Upbit Wins Singapore Permit

South Korean leading crypto exchange Upbit has received an in-principle approval from the Monetary Authority of Singapore to offer digital payment token services in the city state, according to a ...

Posted on 16/10/2023

Singapore’s competition watchdog raises concerns over Grab’s proposed takeover of Trans-Cab

The Competition and Consumer Commission of Singapore said a more detailed review is needed. Read more at straitstimes.com.

Posted on 16/10/2023

Singapore crypto exchange scores major regulatory win

Subsequently, on 3 October, Swiss cryptocurrency bank subsidiary Sygnum Singapore obtained its full MPI license, followed by Ripple [XRP], which received full approval on 4 October. These approvals ...

Posted on 16/10/2023

Upbit Singapore Joins Elite Group with Prestigious MPI License

Upbit Singapore secures a coveted MPI license from MAS, fortifying its stature in the digital asset sector and exemplifying Singapore's growing commitment to the crypto universe.

Posted on 16/10/2023

Upbit Singapore Gains In-Principal Approval for Major Payment Institution License from MAS

Upbit, South Koreas leading crypto exchange, has secured in-principal approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), enhancing its foothold in ...

Posted on 16/10/2023

53 cartons of duty-unpaid cigarettes seized in Lavender

A total of 53 cartons and 46 packets of duty-unpaid cigarettes were uncovered and seized in French Road in Lavender during an operation on Oct 11. A Singaporean man is assisting in investigations, ...

Posted on 16/10/2023

Singapore shares fall 0.69% on Monday, tracking regional losses

SINGAPORE - Shares in Singapore fell on Monday, tracking losses in most major markets in the region after a sell-off on Wall Street last Friday. The benchmark Straits Times Index (STI) slipped 21.9 ...

Posted on 16/10/2023

Singapore’s ambition in novel bilateral carbon market faces competitor, near-term supply hurdles

The city-state wants to enter the UN-backed “Article 6.2” carbon trade from 2024, but the tight timeline presents challenges. Experts say buyer nations need to uphold quality, in what may eventually ...

Posted on 16/10/2023

Singapore may consider carsharing for EVs amidst pricey COEs – expert

It is a practical way of using EVs sans purchasing vehicles with pricey COE. With an increasing adoption of electric vehicles, Singapore may consider introducing carsharing programmes with offerings ...

Posted on 16/10/2023

Hite Jinro Singapore: A Toast to Global Expansion with New Soju Production Facility in Vietnam

Amid the fragrant aroma of fermenting rice and the distant hum of bustling city life, an ambitious plan takes root in the heart of Vietnam’s Thai Binh Province. Hite Jinro Singapore, a leading ...

Posted on 16/10/2023

Asia emerges as a promising haven amid the crypto winter

The crypto conference held in Singapore in September attracted an unprecedented crowd of 20,000 attendees, filling the island state with an even greater number of blockchain enthusiasts who hopped in ...

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