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Tag: crypto

Posted on 24/11/2022

Singapore Starts Fraud Investigation In to Crypto Exchange Hodlnaut: Reports

Singapore police have started an investigation into troubled crypto exchange Holdnaut, according to multiple reports. The white collar division of the police force is looking into allegations of ...

Posted on 24/11/2022

Police investigating Singapore-based crypto lender Hodlnaut for suspected cheating, fraud offences

SINGAPORE: The police are investigating Singapore-based crypto lender Hodlnaut and its directors for suspected cheating and fraud offences. Between August and November this year, the police received m ...

Posted on 24/11/2022

Singapore warns of slower economic growth in 2023

Singapore warned on Wednesday that economic growth could slow to a trickle next year owing to weakness in key export markets including the United ...

Posted on 24/11/2022

Singapore’s 2023 growth forecast at 0.5-2.5%; 2022 forecast narrowed to ‘around 3.5%’

SINGAPORE’S economy is forecast to grow at between 0.5 per cent and 2.5 per cent in 2023, while the official full-year growth forecast for 2022 has been narrowed to “around 3.5 per cent”, according to ...

Posted on 24/11/2022

S’pore-based crypto lender Hodlnaut faces police probe, public urged to submit documents

Between August and November 2022, multiple police reports were received which alleged that Hodlnaut and/or its directors had made false representations relating to the company’s exposure to the ...

Posted on 23/11/2022

Crypto lender Hodlnaut faces police probe, public urged to submit documents

Embattled Singapore-based cryptocurrency lender Hodlnaut is facing investigation from the police. On Wednesday, the police said the Commercial Affairs Department (CAD) Between August and November 2022 ...

Posted on 23/11/2022

Singapore’s core inflation eases slightly to 5.1% in October; expected to stay elevated in next few quarters

SINGAPORE: Singapore's core inflation eased slightly to 5.1 per cent in October, driven by smaller increases in electricity and gas prices, retail, as well as other goods and service, official data ...

Posted on 23/11/2022

Singapore core inflation eases to 5.1% in October, first drop in 8 months

The headline consumer price index or overall inflation came in at 6.7%, down from September’s 7.5%. Read more at straitstimes.com.

Posted on 23/11/2022

Singapore sees low 0.5% GDP growth in 2023 as exports slump

SINGAPORE: Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range ...

Posted on 23/11/2022

Singapore sees 2023 GDP growth as low as 0.5% as exports slump

Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range for 2023 ...

Posted on 23/11/2022

Singapore expects trade growth of -2% to 0% for 2023; full-year forecast for 2022 upgraded

SINGAPORE on Wednesday (Nov 23) upgraded its 2022 full-year trade forecasts for the third time this year, even as it projected negative to flat growth for 2023. Read more at The Business Times.

Posted on 23/11/2022

Singapore’s GDP growth expected to come in ‘around 3.5%’ in 2022: MTI

At the same time, Enterprise Singapore has upped Singapore’s full-year NODX growth projection to ‘around 6.0%’ for 2022.

Posted on 23/11/2022

Uproar as ship with 18,000 tonnes Singapore maize docks

Trade Cabinet Secretary Moses Kuria had on Monday said a legal notice for the importation of Genetically Modified Maize by millers was due this week. However, before the State wou ...

Posted on 23/11/2022

FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation

The bankruptcy of the FTX cryptocurrency exchange is pushing regulators to increase their scrutiny of the crypto space.

Posted on 22/11/2022

Crypto exchange urges Singapore to implement ‘practical’ regulation on back of FTX collapse

Independent Reserve wants Singapore to lift its ban on cryptocurrency advertising, urging instead for a regulatory framework that protects consumers, but industry regulator MAS has rebuffed criticism ...

Posted on 22/11/2022

Singapore’s PropertyGuru slips back into the red with $5.3 million net loss for the third quarter

Singapore-based online property portal PropertyGuru posted a net loss of $7.4 million Singapore dollars ($5.3 million) for the quarter ended Sept. 30 — down from last quarter’s net profit of SG$3.8 ...

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