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Tag: crypto

Posted on 22/09/2023

Singapore Ends Hong Kong’s 53-Year Reign As World’s Freest Economy Amid Beijing’s Repressions

As Hong Kong's economic freedom declines due to the Chinese government's restraints on tenets that affect Hong Kong's economy, Singapore's improvements in government and regulations have allowed it to ...

Posted on 22/09/2023

For elusive crypto clarity, the world turns to Singapore

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 22/09/2023

JPEX staff flee event as scandal hits, Mt. Gox woes, Diners Club crypto: Asia Express

JPEX staff forced to flee Token2049 after execs arrested, Mt Gox repayment delay stretches 10 years, Diners Club goes Web3 in Singapore.

Posted on 21/09/2023

Singapore banks step up checks on Chinese clients with ‘investment-linked’ passports

SINGAPORE banks are increasing scrutiny of some Chinese-born clients with other citizenships, following last month’s crackdown on money laundering involving more than S$2.4 billion ($1.8 billion) ...

Posted on 21/09/2023

Singapore banks scrutinize Chinese-born clients amidst money laundering probe

Singapore banks are expanding their investigations to Chinese-born customers with other passports, focusing on clients holding crypto or participating in money laundering activities.

Posted on 21/09/2023

Singapore shares slide 1.2% after Fed’s hawkish hold

Decliners beat gainers 362 to 195, as 1.3 billion securities with a total value of $941.2 million were transacted Read more at straitstimes.com.

Posted on 21/09/2023

Crypto miners and traders are closing up shop across Asia – Rest of World

Sean, a limited partner investor who requested a pseudonym due to ties with Temasek, told Rest of World he used his FTX account as his “piggy bank,” piling in ...

Posted on 21/09/2023

Singapore banks tighten checks on China-born clients with other citizenships amid money laundering probe

Banks in Singapore are tightening checks on China-born clients with other passports after a multibillion money laundering crackdown in the country.

Posted on 21/09/2023

Foodpanda could be sold in Singapore and other markets; report cites Grab as potential buyer

GERMANY-BASED Delivery Hero is in talks for a potential sale of its Foodpanda business in Singapore and six other South-east Asian markets. A media report had cited Grab as a potential buyer. Read ...

Posted on 21/09/2023

Singapore retail supply to hit around 2.7m sq ft until 2027

This translates to a yearly average of 547,000 sq ft. According to Savills estimates, Singapore’s new retail supply in the next five years from 2023 to 2027 is about 2.7 million sq ft, working out to ...

Posted on 21/09/2023

Academic Labs Leverages AI and Crypto to Make Quality Education Accessible Globally

Academic Labs, an emerging player in the global edtech space, has announced the official launch of its new online learning platform that leverages artificial intelligence (AI) and blockchain ...

Posted on 20/09/2023

Ex-Singapore Idol judge Ken Lim gets fresh charge of insulting woman’s modesty while discussing music career

Lim is defended by lawyers from WongPartnership, comprising Senior Counsel Tan Chee Meng, Mr Paul Loy and Mr Calvin Ong. In a statement to CNA after Wednesday's court mention, they said their client ...

Posted on 20/09/2023

Monetary Authority of Singapore releases details of high-profile actions against errant crypto firms

Singapore’s central bank, Monetary Authority of Singapore (MAS), has issued its fourth enforcement report, outlining actions taken against firms like Three Arrows Capital, which did not have a ...

Posted on 20/09/2023

Singapore court orders Credit Suisse unit to pay Georgia ex-PM Ivanishvili US$743 million

A SINGAPORE court on Tuesday (Sep 19) ordered a unit of Credit Suisse to pay Georgian billionaire and ex-prime minister Bidzina Ivanishvili US$743 million for failing in its duty to safeguard his ...

Posted on 19/09/2023

Unclear whether bumper tax collections can continue amid gloomy economic outlook: Chee Hong Tat

There is some lag time in the way tax revenue tracks economic performance, he said. Read more at straitstimes.com.

Posted on 19/09/2023

Tax Incentive Requirements for Family Offices in Singapore

Under Section 13D of the Income Tax Act, an offshore fund managed by a Singapore-based fund manager will be exempt from tax on income if the fund is a ‘prescribed person’. To qualify as a ‘prescribed ...

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