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Tag: business

Posted on 27/06/2025

Singapore trio accused of AI chip fraud case get new court date: August 22

Singapore’s court adjourned the hearing in its probe of 3 men tied to the smuggling of Nvidia AI chips to China, setting the next date for August 22.

Posted on 27/06/2025

Court delays hearing in $234M WazirX crypto hack case to 15 July

Singapore’s High Court has set 15 July 2025 as the next hearing in WazirX’s restructuring case following a $234 million hack.

Posted on 27/06/2025

Crypto fundraising revives and breaks above $4B in June

Crypto VC fundraising returned in June, raising over $4.49B in 103 rounds. The month included high-profile deals announced by Polymarket, World Liberty Fi, Kalshi, and others.

Posted on 27/06/2025

Medco Energi to Send 600 MW of Clean Power to Singapore

The solar plant will have a planned capacity of 600 megawatts, with electricity transmitted via an undersea cable to Singapore. “With the undersea cable between Pulau Bulan and Singapore, it means the ...

Posted on 27/06/2025

Jail for ‘second in command’ of illegal operation of cross-border crypto transactions

He had pleaded guilty earlier to one charge of abetment of the provision of an unlicensed payment service. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 27/06/2025

3 things to note as an independent director in a family business

The company comes first, but keep a close watch on the family dynamics, says panel. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 27/06/2025

Singapore Airlines CEO Goh Choon Phong drops to $5.5M despite profit growth

Goh’s latest compensation package includes a SGD1.5 million salary and SGD3.1 million in bonuses, which both went up, according to The Business Times. An Airbus A350-941 from Singapore Airlines ...

Posted on 26/06/2025

Will crypto bills be delayed until 2026? – Senator Lummis shares insight

Notably, President Donald Trump initially set a deadline for August. However, Senator Lummis warned that delays are likely. She expects the legislation’s final phase could extend into early 2026. This ...

Posted on 26/06/2025

Singapore Firms Ask for More Time to Meet Climate Disclosure Regulations

Thousands of businesses in Singapore are asking regulators to give them more time to meet tougher climate-disclosure rules, worried that they won't be ready to comply with a looming reporting deadline ...

Posted on 26/06/2025

Singapore Firms Seek Delay on Tougher Climate Disclosure Rules

A group representing thousands of Singapore businesses is seeking a delay to the implementation of more stringent climate-related disclosure rules, arguing many firms lack resources to meet the ...

Posted on 26/06/2025

Singapore hammers down on crypto firms serving overseas clients, no grace period given

Singapore hammers down on crypto firms serving overseas clients, no grace period given - Singapore News -, Singapore News ...

Posted on 26/06/2025

HSBC sees ‘huge opportunities’ for Singapore businesses in India’s fast-changing economy

SINGAPORE] Companies based in Singapore are well-positioned to seize “huge opportunities” in India’s rapidly evolving economy, said two senior HSBC executives in a recent interview with The Business ...

Posted on 25/06/2025

Singapore VC Granite Asia leads $60 million funding round for AI ‘data foundry’ Centific to fund global expansion

The “AI data foundry” Centific closed a $60 million Series A funding round led by the Singapore-based venture fund Granite Asia, as the U.S.-based startup explores an ambitious expansion to Asia. AI ...

Posted on 25/06/2025

Singapore tightens rules on crypto startups, Dubai rolls out the red carpet; what investors must know before they jump in

Singapore is tightening its grip on digital asset firms. They must get licenses for overseas operations or leave foreign markets by June 2025. Many companies are now looking at Dubai and Hong Kong as ...

Posted on 25/06/2025

Singapore manufacturing to remain resilient despite US reshoring and tariffs, notes RHB

Amid tariff uncertainty and heightened Middle East tension, the analysts also believe that Singapore government securities, as a ‘safe haven’, will continue to benefit from high demand from investors.

Posted on 25/06/2025

Singapore’s long term wealth creation set to boost local stocks, says Morgan Stanley

Morgan Stanley predicts that Singapore's stock market capitalisation will double by 2030. Read more at straitstimes.com. Read more at straitstimes.com.

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