Amber Group, one of Asia’s biggest trading and lending platforms for digital currencies, has canceled this year’s staff bonuses as the one-time industry darling grapples with the crypto downturn.
4 men arrested, over 9,000 cartons of duty-unpaid cigarettes seized by Singapore Customs
The total evaded duty amounted to about $928,000, while evaded GST was $71,890. Read more at straitstimes.com.
Beyond 2022: How Singapore’s development will affect the property market (Ang Mo Kio, Hougang, Serangoon, Punggol, Sengkang)
The Eastward connectivity to Changi will bring residents closer to the business parks in the East as well as the Singapore University of Technology and Design (SUTD). Ang Mo Kio has been one of the ...
Covid-weary Chinese millionaires eye Singapore amid ‘chaos and unpredictability’ at home
Covid-weary Chinese millionaires are looking to Singapore as a safe haven to park financial assets, while taking advantage of the city’s relative freedoms, a welcoming environment and pro-business ...
Crypto firm Binance says deposits returning after heavy withdrawals
The head of major crypto exchange Binance said on Wednesday deposits were returning, a day after it saw heavy outflows of cryptocurrencies and halted some stablecoin withdrawals.On Tuesday, blockchain ...
Crypto’s Binance seeks to reassure over reserves, says it is debt free
SINGAPORE – Binance Holdings, the world’s largest crypto exchange, sought to counter concerns about outflows by reiterating its position that user assets are underpinned by reserves while also ...
Listed Singapore firms do well in corporate governance: Scorecard
SINGAPORE - The bigger publicly listed companies in Singapore performed better than they did in 2019 in terms of corporate governance standards and practices, even amid the challenges of the Covid-19 ...
Business travel and meetings to do heavy lifting in Singapore’s tourism recovery
SINGAPORE’S tourism industry, though not yet at pre-pandemic levels, is expected to continue its recovery into the new year. Read more at The Business Times.
Singapore’s tourism sector to see sustained recovery on the back of healthy pipeline of events and offerings
SINGAPORE’S tourism industry, though not yet at pre-pandemic levels, is expected to continue its recovery into the new year. Read more at The Business Times.
Crypto hotspots continue to thrive despite FTX collapse
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 ...