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Tag: crypto

Posted on 10/10/2023

Singapore’s digital economy – from e-commerce to social media – nearly doubled in five years

Singapore's digital economy contributed about 17.3% of Singapore's gross domestic product in 2022, higher than the 13% logged in 2017.

Posted on 10/10/2023

Singapore is fighting rising seas to save $50-billion in property

During a half-century of independence, Singapore has fought to expand its territory, inch by hard-won inch. On the tip of the Malaysian peninsula, the island city-state piled up sand to expand its ...

Posted on 10/10/2023

Singapore dollar’s resilience to be tested as exports lose steam

LONDON: The Singapore dollar has held up fairly well against the stronger greenback this year but its resilience may soon be tested.

Posted on 10/10/2023

How US$2 billion money laundering scandal threatens Singapore’s image

SINGAPORE’S normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself ...

Posted on 10/10/2023

Singapore Tip-Off Led to Arrest of Three Arrows Co-Founder Zhu

Three Arrows Capital co-founder Su Zhu ended up in jail in Singapore after liquidators decided to apply maximum pressure following months of sparring over locating the failed crypto hedge fund’s ...

Posted on 10/10/2023

Commentary: What’s behind the housing crunch for foreign workers in Singapore?

Amid a shortage of dormitories, Singapore must strike a balance between improving foreign workers' living conditions and keeping costs sustainable for businesses, says NUS Associate Professor Daniel ...

Posted on 10/10/2023

Bitstamp Courts European Banks as Region’s Incoming Crypto Rules Boost Confidence

The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown.

Posted on 10/10/2023

Singapore’s power fix could held a world in strife

Worse still, the fields feeding the Malaysian and Indonesian pipelines are increasingly being used to supply domestic users. That risks leaving the city-state more dependent on costlier LNG. Such ...

Posted on 09/10/2023

Top 8 Crypto Job Boards to Get Hired Fast In A Dynamic Ecosystem

The cryptocurrency and blockchain industry is experiencing rapid growth. This sector has witnessed exponential expansion in recent years, with no signs of slowing down. Cryptocurrencies have ...

Posted on 09/10/2023

Biofourmis cuts staff again, including 45 in Singapore; vacating office here: sources

HEALTHTECH unicorn Biofourmis is conducting a second major round of layoffs affecting around 45 staff in Singapore and at least 85 staff globally, sources familiar with the matter told The Business ...

Posted on 09/10/2023

Biofourmis carries out another round of layoffs, 45 staff in Singapore let go: sources

HEALTHTECH unicorn Biofourmis is conducting a second major round of layoffs affecting around 45 staff in Singapore and at least 85 staff globally, sources familiar with the matter told The Business ...

Posted on 09/10/2023

Crypto Market Insights: Bank Of International Settlements Work With Asian Central Banks Through Projects Mariana And Mandala

BIS announced Projects Mariana and Mandala with Asian central banks. UBS launched its tokenized VCC fund in Singapore. HKEX builds smart contract settlement platform.

Posted on 09/10/2023

Singdollar’s resilience will be tested as exports lose steam: Analysts

Even after a 2 per cent decline since the end of December, the currency has stayed near the top of the pack in Asia. However, it’s vulnerable to a drop in the rankings as Singapore’s economy loses ...

Posted on 09/10/2023

Singapore banks sharpen scrutiny after $2.8 billion money laundering scandal: Sources

Banks like OCBC and UOB are demanding more documents than usual in some cases to verify sources of wealth, sources said. Read more at straitstimes.com.

Posted on 09/10/2023

Coinbase Attains Full License to Expand Crypto Payment Services in Singapore – Braxton WM Reports

Coinbase has obtained a full Major Payment Institution (MPI) license in Singapore, allowing it to expand its cryptocurrency payment services in the country. This development comes after a year of prel ...

Posted on 09/10/2023

Doing Business In Singapore: What Is The Best Way To Connect With The Singaporean Audience?

Language Preferences: The official languages in Singapore are English, Mandarin, Malay, and Tamil. While English is widely spoken and used for business, it’s crucial to acknowledge and respect the ...

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