After years-long effort at bolstering Singapore’s fintech prowess, its fintech industry has advanced to a new phase of growth that tilts towards consolidation and profitability, according to a recent ...
Social platforms, crypto exchanges can help fight money laundering and fraud, say Fintech Festival panellists
A CALL went out on Thursday (Nov 7) for more industry sectors – specifically those which could be used by criminals to enable fraud and money laundering – to be roped into stopping fraud and tracking ...
Several Major Crypto Firms Launch a New Dollar-Pegged Stablecoin Project ($USDG)
Seven leading crypto companies introduce USDG, a new Singapore-based regulated stablecoin. Trading begins on major platforms with DBS Bank managing reserves.
Crypto exchange Coinbase launches Singapore engineering hub in partnership with EDB
Coinbase announced on Nov 6 that it has joined forces with the Economic Development Board to offer Singapore-based engineers the resources and training to advance the local blockchain ecosystem. It ...
Genting Singapore reports 3QFY2024 NPAT of $79.4 mil, 63% lower y-o-y
Genting Singapore has reported net profit after taxation (NPAT) of $79.4 million for the 3QFY2024 ended Sept 30, 63% lower y-o-y and 27% lower q-o-q, amid the slower recovery of international visitor ...
Singapore Looks Forward to Importing Green Electricity from Indonesia
Electricity import projects that have gone through preliminary assessments are eligible for conditional approval. Singapore aims to import 6 gigawatts of low-carbon electricity to decarbonize its ...
Singapore’s transit-oriented developments (TODs) are shattering zoning norms, redefining urban growth
These projects are merging residential, commercial, and retail spaces around key public transport hubs to create vibrant, mixed-use communities.
Wealthy Indian elites set up family offices in Singapore to safeguard future prosperity
Singapore has emerged as a top destination for ultra-high-net-worth Indians looking to establish a family office outside India, thanks to its stable political climate, favorable tax regime, and ...
Singapore bank DBS posts record quarterly profit, sees 2025 dip from tax changes
Singapore's biggest bank DBS Group posted on Thursday a record net profit in the third quarter, but forecast 2025 net profit to be below 2024 levels because the city-state is introducing a global ...
Singapore bank DBS Group’s third-quarter net profit jumps 15% on year to record high
DBS Group , Singapore's biggest bank, posted on Thursday a 15% jump in net profit in the third quarter from a year earlier to a record high of S$3.03 billion ($2.27 billion) driven by total income ...
Changi Airport Group’s $273 million runways and taxiways investment tax break appeal gets denied by High Court
The decision stresses a key differentiation in tax law between physical infrastructure and operational equipment ...
Yields Soar as Likely Trump Win Stirs ‘Bond Vigilantes’
Treasury yields surged once it became clear Trump had considerably improved on his 2020 election performance against Joe Biden. The two-year yield peaked at 4.312%, its highest since August, and last ...
Singapore Announces Plans To Introduce Autonomous Vehicles For Public And Logistics Use
Singapore’s Transport Minister Chee Hong Tat said that autonomous vehicle AV is the future and that the technology can be scaled and used along fixed routes.
CIIE: Singapore firms take long-term view towards Chinese market
SHANGHAI: Singapore firms take a long-term view towards China, a market with huge potential and growing sophistication, and regard investing in the country as a long game, according to the Singapore ...
Singapore crypto exec fired over alleged drink spiking during job interview at HK bar
SINGAPORE, Nov 6 — A Singaporean man has been dismissed from his roles at two crypto firms following allegations of drugging a woman he was interviewing for a job. Singapore media site AsiaOne ...
What lies ahead for Singapore’s medical device market?
The sector will benefit from rising healthcare expenditure driven by an ageing population. Singapore’s medical device market is projected to rise at a compound annual growth rate of 7.5% in local ...