Industry experts based in crypto-friendly cities report positive growth and innovation following the collapse of FTX.
‘It all fell apart’: How a ‘crypto saviour’ lost $16bn in just one day
Fried testified before Congress about why cryptocurrencies could never go the way of the large investment banks that capitulated in the global financial crisis of 2008.“No one knew how much risk was ...
Crypto group Amber zooms in on institutional, high net worth investors in Singapore
SINGAPORE - Cryptocurrency group Amber, which is downsizing as it raises funds, is primed to move in on the institutional and high net worth investors with the planned acquisition of a ...
FTX founder Sam Bankman-Fried’s arrest: The imperative of regulating crypto currency-related activities calls for targeted regulation
There is a lack of independent prudential regulations and robust consumer protection for crypto assets. This is imperative for India where the uptake of cryptocurrencies is among highest in world ...
Singapore jails man for exporting US$1 million of flavoured Pokka drinks to North Korea
Phua Sze Hee, 59, pleaded guilty to sending Japanese firm Pokka’s products to the rogue state via China and Malaysia.
Transparency, Security, Safety: Some New Year’s Resolutions for Crypto
In contrast to the all-time highs that brought its valuation to US$3 trillion in 2021, crypto has had a drastically different 2022. After all, the reliance on and skyrocketing interest in digital for ...
Singapore business confidence hits one-year low for Q1 2023: SCCB
LOCAL business sentiment has moderated for the fourth straight quarter, hitting a one-year low for the first quarter of 2023, amid a mixed outlook across various sectors. Read more at The Business ...
S&P downgrades SingPost outlook to ‘negative’ on weak postal and parcel business
S&P GLOBAL Rating on Tuesday (Dec 13) revised its outlook for Singapore Post (SingPost) on weaker prospects in the group’s postal and parcel business, as well as elevated leverage in the next 24 ...
2 men arrested, over 4,600 cartons of duty-unpaid cigarettes seized by Singapore Customs
The total evaded duty amounted to about $397,160, while evaded GST was $31,610. Read more at straitstimes.com.
Singapore seen as gateway to ASEAN as Pakistan seeks to diversify trade
Pakistan has seen economic fallout stemming from the Russia-Ukraine war and the COVID-19 pandemic, as well as devastating floods that submerged a third of the country this year.
Singapore: Jail for ex-manager at Pokka who unlawfully supplied RM4.5 million worth of drinks to North Korea
A former channel manager at beverage firm Pokka International who unlawfully supplied nearly S$1.3 million (RM4.5 million) worth of drinks to North Korea was jailed for five weeks on Monday.
Singapore Airlines Will Ban Emotional Support Animals From April
The flag carrier generally does not allow pets in aircraft cabins, except for assistance and emotional support dogs.
Temasek-backed crypto firm Amber Group making ‘dynamic headcount adjustments’ across global offices
SINGAPORE: Temasek-backed crypto firm Amber Group has "made adjustments dynamically" to its headcount and team compositions across global offices, with its Singapore headquarters "open and operating ...
S Korea says crypto-fugitive Do Kwon is in Serbia
South Korean authorities say they believe Do Kwon, the failed cryptocurrency boss behind the $40bn (£32.7bn) collapse of the terraUSD and Luna tokens, is hiding in Serbia. The Seoul Southern District ...
Singapore, Hong Kong, Thailand to benefit aplenty after China reopening
Hong Kong, Thailand and Singapore will likely be the biggest beneficiaries as China drops its Covid restrictions and reopens its economy, driving up demand for imports and overseas travel, according ...
RPT-China’s December refined oil exports may hit record near 7 mln T
China may close the year with record shipments of key transportation fuels in December as refiners rush to use their export quotas and maximize overseas profits to compensate for tepid domestic fuel ...