MAS is exploring using the currency, called purpose-bound money, for children to spend their digital pocket money at their school's bookstore and canteen, for instance.
How Crypto’s Meltdown Changed the Regulatory Debate
It’s harder to argue that your parents should leave you alone when you’ve just smashed up the car. As digital assets lost more than $2 trillion in value and a string of prominent ventures blew up in ...
Singapore minister: Imposing country-specific measures not effective to prevent Covid-19 infection waves, ‘best defence’ is vaccination
Imposing country-specific measures is not the right path to preventing Covid-19 infection waves since new waves and variants can emerge from any part ...
Commentary: Poorly executed layoffs aren’t good business sense
Could more layoffs be coming amid economic uncertainty, even a possible recession? Twitter’s mess shows badly executed retrenchments can hurt companies, say HR leaders Aslam Sardar and Carmen Wee.
Singapore jails Indonesian man who said he viewed child porn because he was ‘bored’
Randy Rosigit claimed he began looking at pornography more frequently, including child abuse material while bored at home for long periods during Covid lockdowns.
Singapore to ‘carefully restore’ air connectivity with China amidst Covid-concern
Read more about Singapore to 'carefully restore' air connectivity with China amidst Covid-concern on Devdiscourse ...
HK reopening could push GDP above Singapore’s
Economists are upgrading their forecasts for Hong Kong this year as the city accelerates its reopening with China and the rest of the world. The median estimate in a Bloomberg survey of 12 economists ...
Rhys Taylor Joins VMLY&R as Managing Director Singapore
Global brand and customer experience agency VMLY&R has appointed Rhys Taylor as its new managing director for Singapore. In his new role, Rhys will oversee sales, account management and revenue ...
China issues second set of 2023 oil import quotas, up from 2022
China issued a second batch of 2023 crude oil import quotas, according to two sources with knowledge of the matter and documents reviewed by Reuters on Monday, raising the total for this year by 20% ...
Why isn’t Singapore imposing Covid-19 tests for travellers from China?
SINGAPORE - China resumed outbound leisure travel from Sunday (Jan 8), and removed quarantine requirements for returning travellers.In reaction, some countries are conducting polymerase chain reaction ...
Ministerial statement: Ong Ye Kung on Singapore’s response to the current global COVID-19 situation
The Government is “acutely aware” of public concerns surrounding potential COVID-19 risks posed by China’s reopening on 8 January, said Health Minister Ong Ye Kung. In a ministerial statement to ...
Singapore’s Covid-19 measures have kept cases from China low; changes to travel volume to be ‘carefully’ calibrated
SINGAPORE’S Covid-19 measures have already kept imported infections and severe cases from China low despite the latter’s current wave, said Health Minister Ong Ye Kung in Parliament on Monday (Jan 9), ...
Crypto exchange Huobi to lay off 20pc of staff
SINGAPORE: Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday. “The planned layoff ratio is about 20%, but it is not implemented now. With the current ...
Hong Kong’s reopening is likely to push GDP growth above Singapore’s
AFTER a near-certain contraction last year for the third time since 2019, Hong Kong’s economy is coming back stronger this year and may even grow faster than rival financial hub Singapore for the ...
Singapore looks to ‘GST discounts’, cash handouts to ease pain of sales tax hike that’s set ‘to bite’
Economists warn middle-income earners are likely to be hit hardest by the increase, even with Finance Minister Lawrence Wong’s promise of a ‘Valentine’s Day’ present for citizens in this year’s budget ...
Singapore Takes Big Measures to Protect Crypto Holders
Singapore is imposing new digital currency rules that will require it to have 1.25:1 in collateral against risk assets like crypto.