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Tag: crypto

Posted on 01/11/2024

Car dealers expect business to be hit as customers hold back purchases in anticipation of more COEs

SINGAPORE: The planned injection of up to 20,000 Certificates of Entitlement (COEs) could hurt their business in the short term as customers adopt a wait-and-see attitude with their purchases, car ...

Posted on 01/11/2024

Singapore and UAE: Complementary hubs for business leaders with global ambitions

A FLIGHT departs from Singapore’s Changi Airport every 80 seconds. Within six hours, that plane could reach any country in South-east Asia. Read more at The Business Times.

Posted on 01/11/2024

CEO’s post comparing Singapore & Dubai goes viral

He called Singapore “The billionaire's hub (in flip-flops)” while dubbing Dubai “The tax-free oasis (in Lamborghinis).” ...

Posted on 01/11/2024

US crypto exchange Gemini gets okay to operate in Singapore

Singapore’s central bank and financial regulator has given in-principle approval to US crypto exchange Gemini to operate as a major payment institution in the city state.

Posted on 31/10/2024

Singapore hides repression, corruption, says son of its ex-PM Lee Kuan Yew

Singapore has become much more repressive ... (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a ...

Posted on 31/10/2024

Singapore raises power imports, prepares for commercial hydrogen

Until alternative energy sources like hydrogen become commercially viable, 90% of Singapore’s energy mix will still come from natural gas.

Posted on 31/10/2024

Dubai’s Lamborghinis vs Singapore’s billionaires: This CEO’s viral thread reveals which city is right for you

An X user compared Singapore's relaxed lifestyle and strong healthcare with Dubai's luxury and business opportunities.

Posted on 31/10/2024

Three Chinese nationals in Singapore caught smuggling duty-unpaid cigarettes in soft toys

SINGAPORE: Three Chinese nationals - aged between 21 and 28 - were caught smuggling duty-unpaid cigarettes inside soft toys.

Posted on 31/10/2024

Singapore’s job market thrives – Will 2025 see soaring wages or economic headwinds?

As Singapore gears up for 2025, the combination of a resilient job market and favourable economic indicators signals a promising future for both employers and employees alike. Likewise, as businesses ...

Posted on 31/10/2024

Singapore’s non-oil domestic exports grow 2.7% in September

September's non-oil domestic exports grew by 2.7 per cent on-year. This was below expectations as market analysts had forecast double-digit growth. It is also a significant drop from the 10.7 per cent ...

Posted on 31/10/2024

Gemini Gains Preliminary Approval for Crypto Services in Singapore

Gemini, a prominent cryptocurrency exchange, has taken a significant step forward in expanding its global footprint by securing preliminary approval from the Monetary Authority of Singapore (MAS) to ...

Posted on 31/10/2024

Singapore’s Wilmar third-quarter profit slumps 36% on weak China, sugar segment

Singapore-listed Wilmar International reported a 35.7% fall in third-quarter core net profit on Wednesday, weighed down by weaker China and sugar division operations.

Posted on 30/10/2024

Contraband cigarettes found hidden in soft toys declared as ‘decorations’, Chinese national arrested

Singapore Customs cracked down on a unique smuggling tactic of hiding the cigarettes inside soft toys in a two-day operation from Oct 22 to 23, Read more at stomp.straitstimes.com ...

Posted on 30/10/2024

Singapore stocks end lower despite Hongkong Land’s rally; STI declines 0.9%

Property group Hongkong Land puts up strong showing with 10.8% jump; parent Jardine Matheson gains 5.1% Read more at straitstimes.com.

Posted on 30/10/2024

Singapore on radar for 74,000 ultra-rich UK foreign residents hit by tax change

WEALTH managers are seeing increasing interest from ultra-rich foreigners looking to relocate to Singapore from the UK ... UK is set to abolish the non-domiciled – or “non-dom” – tax status of some 74 ...

Posted on 30/10/2024

Crypto exchange Gemini gets MAS’ in-principle nod for major payment institution licence

AMERICAN cryptocurrency exchange Gemini has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution licence. Read more at The Business Times.

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