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Tag: crypto

Posted on 04/03/2025

Singapore Budget 2025: laying the groundwork for a resilient future

Dario Acconci of Hawksford argues that Singapore’s 2025 Budget, which features a hefty corporate income tax rebate, is ‘generous and forward-looking’ ...

Posted on 03/03/2025

Cost of living concerns go ‘far beyond’ GST; raising the tax not an easy choice: PM Wong

SINGAPORE: Singaporeans' concerns over the rising cost of living go "far beyond" the Goods and Services Tax (GST), said Prime Minister Lawrence Wong on Monday (Mar 3) as he reiterated the reasons for ...

Posted on 03/03/2025

Keep the lights on or mine Bitcoin? How crypto is starting to suck up clean energy

The crypto industry, while always volatile, is booming and is hungry for power. To get their hands on it, miners are looking to places where they can tap into cheap electricity. Experts say it can ...

Posted on 03/03/2025

Shanmugam: AI chips under US export controls moved through Singapore to Malaysia

Singapore’s Minister for Law and Home Affairs K Shanmugam confirmed that AI chips subject to US export controls were transported through Singapore in servers, with Malaysia as the last known ...

Posted on 03/03/2025

Servers in Singapore fraud case may contain Nvidia chips under U.S. export controls

Singapore is investigating a fraud case involving Dell (NYSE:DELL) and Super Micro Computer (NASDAQ:SMCI) servers supplied to Singapore-based companies and then shipped to Malaysia, which may have ...

Posted on 03/03/2025

CDL no longer Singapore’s largest listed developer as shares close down 2.3% after trading resumption

The firm says it is “business as usual” amid a battle for board control between its chairman and his CEO son. Read more at straitstimes.com.

Posted on 03/03/2025

ST Engineering drives gains for Singapore shares on Monday; STI up 0.3%

SINGAPORE stocks ended higher on Monday (Mar 3), tracking gains on Wall Street. Read more at The Business Times.

Posted on 03/03/2025

How Singapore is supporting businesses and workers amidst global uncertainties: PM Wong’s Budget 2025 round-up speech

Prime Minister and Minister for Finance Lawrence Wong also addressed two other major concerns, such as whether Singapore has become overly conservative in its fiscal projections and plans, especially ...

Posted on 03/03/2025

Nominations open for EY Entrepreneur of the Year 2025 awards in Singapore

Ernst & Young (EY) is now taking in nominations for its Entrepreneur of the Year (EOY) 2025 awards in Singapore. Nominations for the 24 th edition of the awards will open till April 1.

Posted on 03/03/2025

Singapore probes suspected breach of US export controls on Nvidia chips

Singapore has charged three men in a case suspected to involve Nvidia semiconductor sales that potentially breach US export controls, the government announced on Monday.

Posted on 03/03/2025

Chips allegedly moved through Singapore were headed for Malaysia; final destination under investigation: Shanmugam

Law and Home Affairs Minister K Shanmugam said Singapore’s investigations were carried out independently and not requested by the US, which has placed export controls on the chips.

Posted on 03/03/2025

Servers Used in Singapore Fraud Case May Contain Nvidia Chips, Minister Says

Singapore's Home Affairs and Law Minister K Shanmugam told reporters on Monday that the servers involved in the case were supplied by Dell Technologies and Super Micro Computer before they were sent ...

Posted on 03/03/2025

Singapore’s CDL Loses Biggest Developer Spot After Feud

Singapore’s largest listed developer after its stock fell on Monday, underscoring investors’ concern about the family feud unfolding in public. Shares of the Singapore-based developer fell as much as ...

Posted on 03/03/2025

CDL lifts trading halt amid boardroom tussle, says ‘business as usual’

It had called for a trading halt on Feb 26 in view of the falling-out between Kwek Leng Beng and his son Sherman. Read more at straitstimes.com.

Posted on 03/03/2025

CDL shares to resume trading; company says it’s “business as usual”

SINGAPORE: The trading halt on shares of City Developments Limited (CDL) is being lifted on Monday (Mar 3) with the company saying it's "business as usual" after the boardroom leadership tussle ...

Posted on 03/03/2025

Robinhood to Launch Crypto Services in Singapore by 2025

Market experts predict that if Robinhood successfully establishes itself in Singapore, it may expand to other Asian markets, further solidifying its presence in the global crypto ecosystem.

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