Such partnerships provide ‘stable, predictable framework’ for businesses, says PM Wong Read more at The Business Times.
Singapore Freezes $150 Million in Assets Amid Major Bitcoin Scandal
In a significant financial crackdown, Singapore has frozen assets worth $150 million linked to a vast cryptocurrency scandal involving prominent businessman Che ...
US Treasury Secretary praises Singapore’s digital asset adoption at APEC
US Treasury Secretary Scott Bessent praised Singapore’s leadership in stablecoin and digital asset adoption during a meeting with Prime Minister Lawrence Wong on Friday, according to an official ...
Singapore registry adds 94 ships in September, bucks declining trend since 2016, as US and China tussle over port fees
Shipowners reflagging their fleet to the Republic in an attempt to navigate geopolitical tensions Read more at The Business Times.
New York court backs Singapore liquidators with extended freeze on Multichain assets
A New York federal judge extended a $63 million asset freeze to assist Singapore liquidators in Multichain’s ongoing liquidation case.
Singapore shares fall amid mixed regional trading; STI down 0.2%
Singapore stocks ended lower with the Straits Times Index down 0.2%, as key regional indexes showed mixed performance. Read more at straitstimes.com. Read more at straitstimes.com.
Hong Kong pulls ahead of Singapore in race to attract crypto-treasuries: blockchain expert
Hong Kong’s push to regulate crypto platforms is paying off, with Web3 firms shifting headquarters from Singapore, says Gu Ronghui.
New York Court Extends Asset Freeze to Aid Singapore’s Multichain Liquidation
A U.S. court is now handling claims tied to $63 million in frozen Multichain USDC as New York and Singapore coordinate.
Japanese semicon photomask maker Tekscend breaks ground on new Singapore plant, set to create 60 jobs
New plant will be fully operation end-2026 or early 2027; aims to serve customers in Singapore, Malaysia and India Read more at The Business Times.
Singapore bakery chain Twelve Cupcakes, co-founded by former beauty queen Jaime Teo, shutters after 14 years
Twelve Cupcakes, a pastry chain co-founded by 2001 Miss Universe Singapore winner Jaime Teo, has shut down operations in Singapore after 14 years.
Chain bakery Twelve Cupcakes’s sweet journey in Singapore ends in bitter collapse after 14 years
SINGAPORE, Oct 31 — Singapore’s once-popular bakery cafe chain Twelve Cupcakes has gone into provisional liquidation, closing all 20 outlets and laying off around 80 employees without notice. The ...
US, Singapore Courts Team Up to Protect Multichain’s Missing Crypto
"Technology has essentially erased the relevancy in most instances of geographical borders in business transactions," said Alan Rosenberg, a partner at Markowitz Ringel Trusty + Hartog who is an ...
Singapore sets up world’s first non-profit to centralise purchase of sustainable aviation fuel
SAFCo will procure, manage and allocate the fuel at Changi Airport and Seletar Airport Read more at The Business Times.
Thai police arrest mastermind behind $14 million crypto Ponzi scheme
Thai authorities have arrested Liang Ai-Bing for running a huge cryptocurrency Ponzi scheme together with four other suspects.
Prysmian to complete in 2026 study on Sarawak-Singapore power export project
SINGAPORE: Cable supplier Prysmian expects to complete next year the front-end engineering design study for a project to export hydropower from Sarawak in Malaysia to Singapore, a company official ...
Singapore’s last traditional Teochew mansion reopens to public as heritage space, lifestyle hub
SINGAPORE] The last traditional Teochew mansion in Singapore will reopen to the public from Nov 1, for the first time in over 140 years. Read more at The Business Times.