Singapore police said they have started to investigate Terraform Labs, the company behind the failed terraUSD (UST) stablecoin, according to a Bloomberg report on Monday. Police said inquiries are ...
Why Australia’s housing woes and Singapore’s booming office sector are not the whole story
The vulnerability of Australia's housing market is typically viewed through the lens of Sydney and Melbourne, which ignores developments in Western Australia Meanwhile, bullish narratives, such as ...
Singapore Police Have Begun Probing Crypto Fugitive Do Kwon’s Terraform Labs
Singapore police said they have begun a probe linked to Terraform Labs Pte, the company co-founded by crypto fugitive Do Kwon.
Indonesia to tighten customs checks after report on illegal import of used shoes in recycling scheme
Industry Ministry says the news agency’s reporting shows the illegal practice is “organised”, and that it “misuses social projects”. Read more at straitstimes.com.
Singapore industrial rental index rose by 6.9% in 2022
This supported industrial real estate prices and rents. In the fourth quarter 2022, the all-industrial price index increased by 1.7% q-o-q with a full year increment of 7.5% y-o-y, while the rental ...
Woodlands business goes viral for selling $1 nasi lemak, has already sold out for March
A home-based food business in Woodlands is going viral on social media with its offer of nasi lemak for just $1.
Singapore manufacturing activity inches up in February
Singapore’s Purchasing Manager’s (PMI) inched up 0.2 point in February to 50 after five straight months of contraction, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) ...
Ripple CEO: The SEC Is Why the Crypto Industry Is Increasingly Going Overseas
The U.S. Securities and Exchange Commission’s heavy-handed regulation of crypto may kneecap the nascent industry as it’s growing, according to Ripple CEO Brad Garlinghouse in an interview with ...
Leadership development in local enterprises will be critical for Singapore’s hub status
Finance Minister and Deputy Prime Minister Lawrence Wong delivered his 2023 Budget Day speech in Parliament, which focused on how Singapore can navigate the impact of the global economy. Read more at ...
Binance to resume services in Singapore
The Binance exchange is looking to legally expand its global influence and this goal is currently being threatened in countries like the United States.
Changes to Global Investor Programme will help attract ‘high-quality’ investors to Singapore, experts say
The tweaks to the programme are also intended to ensure that investments are directed to support local businesses and create jobs, observers told CNA.
Bitcoin sinks to 2-week low as Silvergate fallout hurts crypto
The crypto industry is absorbing the fallout of the troubles at crypto-friendly US bank Silvergate Capital. Read more at straitstimes.com.
Binance unit plans bid for Singapore crypto license
Binance's custody unit Ceffu said on Thursday it is planning to apply for a permit to offer payment services in Singapore, as the crypto exchange makes another attempt to function in the ...
Binance revives Singapore crypto permit bid a year after quitting the trading market
Binance is reapplying for a license to offer cryptocurrency services in Singapore, switching from serving retail to corporate clients, a year after quitting the trading market. Nikkei Asia in a story ...
Bitcoin Slides With Wider Crypto Markets Amid Silvergate Fallout
Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unraveling of a key payments network.
Singapore posts worst export drop in a decade
Singapore’s non-oil domestic exports plunged 25% year on year in January - the largest drop in the last decade, according to data of the Singaporean government.