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Tag: crypto

Posted on 29/11/2024

Singapore’s strong brand name in China comes down to Singaporeans there: SM Lee

SINGAPORE’S brand name and its cultural, business and personal connections with China have allowed the two countries to work together and learn from each other. Read more at The Business Times.

Posted on 28/11/2024

Hong Kong initiates crypto tax exemption plans for hedge funds, private equity funds, and billionaires

Hong Kong has initiated plans to exempt private equity funds, hedge funds, and billionaires from paying taxes on realized gains from crypto investments. The policy changes could see Hong Kong emerge ...

Posted on 28/11/2024

Bitcoin retreats from US$100,000 in worst spell since Trump’s win

People have been looking for an excuse to take some profits... We’re still very confident the current bullish market sentiment will continue into 2025.” ...

Posted on 28/11/2024

Hong Kong proposes tax breaks to attract crypto hedge funds, investors

Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles in a bid to strengthen its position as a leading crypto financial hub.

Posted on 28/11/2024

Amazon invested $2 billion in Singapore in 2023

SINGAPORE - Amazon invested $2 billion across its retail and cloud businesses in Singapore in 2023. The capital injection covers infrastructure upgrades to its fulfilment centres, delivery stations ...

Posted on 28/11/2024

Manufacturing and export growth bolster Singapore corporates

Corporate debt servicing capabilities are expected to remain resilient, says MAS. Singapore corporates benefitted from the growth in the manufacturing and export activities as well as less restrictive ...

Posted on 28/11/2024

I set up a business where I got paid to play Dungeons & Dragons. We now run 180 games a month at our main studio, and I’m living the nerdworld dream.

Farez Najid found a way to make a living as a professional Dungeons & Dragons dungeon master. He now runs multiple studios and a training program.

Posted on 27/11/2024

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude imports from the two ...

Posted on 27/11/2024

MGen’s PacificLight allots $900 million, to bid for 600-MW Singapore plant

PacificLight Power Pte. Ltd., controlled by Meralco PowerGen Corp. (MGen), plans to spend around $900 million to double its capacity, aiming to be a leading energy supplier here in the island country.

Posted on 27/11/2024

Business in SG looking to hire head of AI, proper frameworks still a barrier

Business leaders capable of effectively tracking and measuring the impact of AI are much more likely to see tangible business benefits emerge on both company and employee levels. However, measuring ...

Posted on 26/11/2024

Singapore trader pleads not guilty to US$1.1bil nickel scam-fraud that has rocked the business community

An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community pleaded not guilty on Tuesday to 42 charges including fraud and money laundering.

Posted on 25/11/2024

Singapore Gulf Bank plans $50m funding to acquire stablecoin payments firm

Singapore Gulf Bank to acquire a stablecoin firm, fund growth, and prepare for a Q1 2025 equity sale, backed by Bahrain Mumtalakat and Whampoa Group.

Posted on 25/11/2024

Singapore Gulf Bank seeks $50M to fund stablecoin firm acquisition

The crypto-friendly digital bank Singapore Gulf Bank is reportedly looking for a fund injection of at least $50 million as it plans to acquire a stablecoin payments company in 2025. On Nov. 25, ...

Posted on 25/11/2024

Singapore Gulf Bank plans stablecoin acquisition after seeking the funding of $50M

Singapore Gulf Bank is seeking a $50 million funding round next year and plans to buy a stablecoin payments company. Licensed in Bahrain since February, the bank was set up by the Singapore family ...

Posted on 25/11/2024

Singapore is one of the most popular business locations for world’s wealthiest entrepreneurs: HSBC

The report revealed that Singapore is the most popular destination for those considering a personal move abroad (9%), with the strongest interest from entrepreneurs in Hong Kong (19%), Taiwan (16%) ...

Posted on 25/11/2024

Singapore, Hong Kong among best Asian markets for investment and business: HSBC report

Singapore is the top destination for wealthy entrepreneurs to relocate, while Hong Kong fails to make the top 10.

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