Nowadays, digital payment methods have become increasingly important for seamless and secure transactions with increasing awareness of payment gateway security and privacy needs. One notable digital payment option that has gained popularity in Singapore is cryptocurrency.
‘Substantial risk’ of Singapore entering technical recession in 1H2023: UOB
Singapore’s manufacturing output has already contracted for seven months since October 2022, driving recessionary risks.
MAS grants IPA to crypto giant Ripple
Ripple CEO Brad Garlinghouse says the company is proud to receive the IPA from the MAS, reaffirming its commitment to the region and ongoing proactive engagement with regulators globally.
P&G to invest $100 million in new manufacturing facility in Singapore
Consumer goods company, Proctor & Gamble (P&G) will be investing more than US$100 million into setting up a new manufacturing facility in Singapore.
Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore
This pushed Ripple to double its headcount in Singapore over the past year across key functions such as business development, compliance, finance, legal, and sales. The company plans to continue ...
Hong Kong Should Follow Singapore, Japan in Crypto: Government Study
A Hong Kong government study has said the city should learn from Japan and Singapore as it develops its own Web3 sector.
Two arrested, more than 2,000 cartons of duty-unpaid cigarettes seized by Customs
A Singaporean and a Chinese national were arrested last Friday (June 16) for allegedly evading duty and Goods and Services Tax (GST) amounting to some S$231,730.
Ripple gets in-principle go-ahead to offer crypto digital-payment services in Singapore
CRYPTO solutions provider Ripple has obtained in-principle approval for a major payment institution licence in Singapore. Read more at The Business Times.
Singapore: Dark clouds loom over economic outlook in Q2 – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest NODX figures in Singapore during May and their impact on economic growth prospects.
Singapore central bank proposes protocols for the use of “Purpose Bound” cryptocurrencies
The central bank of Singapore, the Monetary Authority of Singapore (MAS), has released a white paper opening doors to digital currency usage, in a “Purpose Bound” manner. This implies that the ...
Crypto Exchange Gemini Eyes Asia-Pacific For ‘Next Wave Of Growth’ As US Regulatory Climate Heats Up
In April, Gemini mentioned opening a new crypto derivatives platform offshore The exchange officially launched its Europe's headquarters in May Gemini's expansion in the Asia-Pacific will take place ...
2 arrested, more than 2,000 cartons of duty-unpaid cigarettes seized by Singapore Customs
Those found guilty of duty-unpaid offences can be jailed for 6 years and fined up to 40 times of duty and GST evaded. Read more at straitstimes.com.
4 Singapore Stocks Are Surging to Their 52-Week Highs: Can They Continue to Do Well?
There are many methods you can use to look for suitable stocks to buy. Some investors may want to trawl through the bargain bin to look for cheap stocks. Others may prefer to look at stocks whose ...
Gemini Exchange targets Singapore for Asia Pacific expansion amid US regulatory heat
Gemini Exchange's foray into Singapore complements its plans to establish an engineering base in Gurgaon, India, a country whose software development and engineering operations would be a resource for ...
Gemini Expands Crypto Horizons In The Asia-Pacific Region, Starting In Singapore
Gemini, a cryptocurrency exchange based in New York, has set its sights on the Asia-Pacific (APAC) region as it seeks to broaden its global presence. The exchange considers this region as a catalyst ...
Gemini plans Asia-Pacific expansion as part of ‘next wave of growth for crypto’
Crypto exchange Gemini said it planned to establish an engineering division in India as well as increase the number of staff at its Singapore offices.