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 ...
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 ...
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.
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.
Singapore crypto crackdown set to spark moves to Hong Kong and Dubai
Hong Kong and Dubai are expected to be the main beneficiaries of a crackdown in Singapore on crypto exchanges, with unlicensed players being forced to close or move their operations by the end of the ...
Marubeni boosts power role in Singapore by raising Senoko stake
Marubeni has raised its stake in Senoko Energy to 50%, after acquiring shares in the Singaporean power generator’s holding company.
Singapore-based engineers help golfers around the world improve their swing
SINGAPORE] From Japanese golfers to US baseball teams, athletes around the world are improving their game with the help of data trackers developed in Singapore. Read more at The Business Times.
What Makes Singapore a Tax Haven? – Investopedia
Startups in Singapore can take advantage of a tax exemption of up to S$125,000 on the first S$200,000 of income for their first three consecutive years of business.
Hacked Crypto Exchange WazirX Gets More Time to Restructure After Court Ruling
The exchange's crypto operations are reportedly moving to Panama as part of its restructuring, ahead of Singapore’s June 30 deadline.
WazirX News: Singapore Court Grants Moratorium Extension
The Singapore court extends the exchange's moratorium and grants permission to submit more arguments for its restructuring plan.
46-Year-Old Woman Arrested for Importing, Selling Counterfeit Products in Singapore
The Singapore Police Force said that goods with an estimated street value of more than S$2,700 were seized during the operation.
Singapore forms government coalition with UK, Kenya to grow carbon markets
SINGAPORE] Singapore, the United Kingdom and Kenya have formed a government-led coalition aimed at growing carbon markets. Read more at The Business Times.
RHB unchanged on 2025 inflation outlook despite global developments
Singapore’s headline CPI eased to 0.8% y-o-y, in-line with Bloomberg consensus and RHB’s projections, while core CPI ticked down to 0.6% y-o-y.
Singapore shares rise on Israel-Iran ceasefire and Wall St rally; STI up 0.7%
Elsewhere in Asia, key indexes largely closed higher. Read more at straitstimes.com. Read more at straitstimes.com.
ST Explains: How do volatile oil prices affect Singapore consumers?
They could drive up transport and electricity costs, and increase overall inflation. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s F&B can be tough, but here’s how these 3 BBQ bizs are silently thriving
When it comes to dining out in Singapore, BBQ isn't usually top of mind. Unlike more mainstream favourites like mala, hotpot, or Japanese fare, smoked meats and slow-cooked brisket still occupy a ...