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Tag: crypto

Posted on 23/02/2023

Dyson Taps Top Singapore Banker to Advise $16 Billion Empire

James Dyson named one of Singapore’s top bankers as a director for his business empire’s holding company, adding to the roster of high-profile individuals from the city-state involved in overseeing ...

Posted on 23/02/2023

Singapore CPI inflation grows in January, expected to remain high

Investing.com -- Singapore consumer inflation grew in January, data showed on Thursday, and is forecast to remain elevated in the coming months amid high import costs, a tight labor market, and strong ...

Posted on 23/02/2023

Commentary: To avoid higher taxes in the future, Singapore workers need to save for retirement today

For direct taxes to remain low, Singapore workers need to do more with their money to prepare for their future retirement, says David Kuo of The Smart Investor.

Posted on 23/02/2023

Crypto Is Not A Viable Alternative To Fiat Currency, Economist Agustín Carstens Says

The argument that cryptocurrencies are a viable alternative to fiat currency has been settled in the wake of the digital-asset sector's recent turmoil, with technology not being an alternative for ...

Posted on 22/02/2023

Dubai’s appeal to crypto players may top that of Singapore, amid US clampdown

Dubai could prevail over Singapore as the preferred location for some cryptocurrency players following moves by regulators in the United States to clamp down on the sector. Read more at ...

Posted on 22/02/2023

Bitcoin And Crypto Now Braced For A China Earthquake After $100 Billion Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Rally

Last week, Singapore-based DBS revealed its crypto trading volume almost doubled in 2022. "The increase in trading volume on DBS’s digital asset platform is a reminder that any government, even the ...

Posted on 22/02/2023

Crypto Has Lost the ‘Battle’ Against Fiat Currency, BIS Chief Agustin Carstens Says

Crypto is a financial activity that can really only exist “under certain conditions,” he said. Carstens also spoke at the Monetary Authority of Singapore, saying that central bank digital currencies — ...

Posted on 22/02/2023

SMEs in Singapore urged to use PayNow-UPI scheme for business dealings with India

The Singapore Indian Chamber of Commerce and Industry (SICCI) has urged Small and Medium Enterprises (SMEs) in the city-state to use the PayNow-UPI linkage for business dealings with India for ease of ...

Posted on 22/02/2023

China boosts Australian coal imports on hopes for more easing of curbs -traders, data

Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed last month following a two-year ...

Posted on 22/02/2023

Singapore data centre says no data loss discovered after report on hackers obtaining logins

typically to be closer to customers and business operations in Asia. GDS is among the top three colocation providers in China, the second-biggest market for the service in the world after the US, ...

Posted on 22/02/2023

Singapore data centre says no data loss discovered after report on hackers obtaining logins

typically to be closer to customers and business operations in Asia. GDS is among the top three colocation providers in China, the second-biggest market for the service in the world after the US, ...

Posted on 22/02/2023

Weak demand from major export destinations hits NODX momentum: UOB

Non-oil domestic exports (NODX) declined 25% in January 2023. Global demand will continue to hit export momentum in Singapore due to “more aggressive monetary policy tightening and worries about ...

Posted on 22/02/2023

Commentary: What would it take for Singapore to grow the next Creative Technology?

Budget 2023’s measures for business innovation may encourage leaders to think about transforming their companies in tandem with upskilling their people, says Temus’ Srijay Ghosh.

Posted on 22/02/2023

UPDATE 1-Singapore’s Wilmar annual profit jumps on oilseeds, grains segment strength

Singapore-listed agribusiness Wilmar International Ltd reported a 27% rise in its full-year net profit on Tuesday, underpinned by its oilseeds and grains business and overall robust performances ...

Posted on 21/02/2023

Singapore’s office sector still a landlord’s market

The office rental index surged by 11.7% in 2022. The office rental index increased by 5.1% q-o-q in Q4 2022, following the 2.1% q-o-q growth in Q3 2022, according to a Knight Frank report. Overall, ...

Posted on 21/02/2023

India expands national payment network to Singapore: What’s in it for crypto?

The digital rupee pilot project has logged 770,000 transactions involving eight banks. Five cities are already participating in the experiment, with nine more cities possibly joining the trial soon.

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