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Tag: business

Posted on 20/11/2023

Man and teenager charged with conspiring to rob S$81,000 after victim tried to trade cash for crypto

SINGAPORE: A man and a teenager were charged in court on Monday (Nov 20) with conspiring to rob a man who tried to use S$81,060 in cash to trade for crypto tokens. Firdaus Muhammad ...

Posted on 20/11/2023

Crypto Cash Clash: Man narrowly hangs on to S$81K in attempted robbery in Singapore

A 33-year-old man has found himself in a financial fiasco after attempting to trade crypto tokens for cold, hard cash. Little did he know, his rendezvous with a mysterious Telegram stranger would soon ...

Posted on 20/11/2023

Weekly crypto highlights from Asia

The Asian cryptocurrency landscape has been bustling with significant developments this past week. From Hong Kong's innovative immigration proposals involving ...

Posted on 19/11/2023

The $80K Tax Bill You Face When Buying a Car in THIS Country

In Singapore, Certificate of Entitlement (COE) limits car ownership and leads to record-high prices, promoting public transport use.

Posted on 19/11/2023

Two men, teenager arrested over robbery attempt in Punggol; victim tried to buy crypto using S$81,000 in cash

SINGAPORE: The police arrested two men and a teenager on Saturday (Nov 18) for their suspected involvement in a case of conspiracy to commit robbery. The victim, a 33-year-old man, had received an off ...

Posted on 18/11/2023

Indonesia welcomes new Singapore regulation to help curb lobster smuggling

Indonesian fisheries authorities have welcomed as “better than nothing” a new policy by neighboring Singapore that should in theory help stem the smuggling of lobster larvae out of Indonesian waters.

Posted on 18/11/2023

Median salary in Singapore to increase by 4% in 2024

SINGAPORE: A report by global professional services firm Aon plc states that the median salary in Singapore will rise by 4.0%, the same level of increase in 2023.

Posted on 18/11/2023

It might be a good time to look for jobs in Singapore

Accenture survey, nearly two out of three firms blamed their talent gap on not being able to get work permits for foreigners. Nowadays, only 37% cite difficulty in securing employment passes as a ...

Posted on 18/11/2023

IN FOCUS: Out with the 5Cs, so what is the new ‘Singapore dream’?

As the notion of the 5Cs – cash, car, credit card, condominium, and country club membership – fades away, Singaporeans tell CNA their new Cs and definitions of success.

Posted on 18/11/2023

Singapore is about to transform its crypto scene forever

Singapore is on the brink of a significant transformation in its cryptocurrency landscape. The recent approval of blockchain firm Paxos to issue a stablecoin ...

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.

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