Collaboration is key to achieving finance goals, says MAS’ Ravi Menon. Singapore touts a future as a crypto hub—not for cryptocurrency, but rather for the use and adoption of tokenised assets and ...
Singapore Digitalises Bankers Guarantees and Insurance Bonds With eGuarantee@Gov
Providing banker’s guarantees or insurance bonds to government agencies can now be done online and within one day using eGuarantee@Gov.
Singapore or HK? DBS Offers Clues to Who Is Ahead
Which is way Singapore-based DBS Group Holdings Ltd., the biggest of the city-state’s three homegrown leaders, may have an edge next year over HSBC Holdings Plc, which relies on Hong Kong for a big ...
Ant Digital Bank Expands in Singapore With Small Business Loans
Ant Group Co.’s Singapore digital wholesale bank will start offering loans to small and medium-sized businesses, as the Chinese fintech giant extends its reach in the city-state.
Wealth darling DBS channels Singapore’s success
Singapore’s status as a financial centre is thriving, and DBS Group , the city-state’s $63 billion wealth darling led by Piyush Gupta, is reaping the benefits of its home market’s success.
CNA Explains: What is low-carbon hydrogen and will it help Singapore reach net-zero?
Hydrogen could supply up to half of Singapore's needs by 2050, depending on technological developments and the development of other energy sources.
Singapore moves to digitalise bankers’ guarantees and insurance bonds
The Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) today launched eGuarantee@Gov, a simple and secure digital process for businesses and individuals to provide a banker’s ...
Singapore’s Wong stresses ‘responsible’ fintech as crypto stance diverges from Hong Kong
The city state’s PM-in-waiting told Singapore Fintech Festival there should be ‘no doubt’ that it was ‘fully’ embracing emerging technologies. But he said a healthy level of ‘constructive paranoia’ ...
Two Malaysian farms banned from exporting live chicken broilers to Singapore
The Singapore Food Agency (SFA) said two Malaysian poultry farms, each operated by Meng Kee Poultry (M) Sdn Bhd and Sdian Hup Farming Sdn Bhd, have been suspended for export of live chicken broilers ...
Crypto.com Can Now Issue its Visa Card in Singapore
Crypto.com announced in a press release Tuesday that through a partnership with Visa, the firm will be able to issue its Visa cards in the city-state. The Crypto.com Visa Card is the biggest payment ...
Singapore to phase out checks for businesses by 2025
Also testing digital cash tied to specific purposes – like only letting kids spend allowances on school supplies Singapore aims to eliminate the use of checks, beginning with corporate checks, by the ...
Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too
Project Guardian involved Ethereum scaling system Polygon, DeFi lending platform Aave and decentralized exchange Uniswap.
Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos, issuer of the USDP stablecoin, can offer crypto products and services in Singapore after securing the license under the nation's Payment Services Act. The New York-based company announced the ...
First Mover Asia: Ripple’s APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again
Insights: Ripple's policy director for the Asia Pacific rim region noted a shift in Hong Kong's recent policy statement, but said the industry needs more details. Catch the latest episodes of CoinDesk ...
Boris Johnson to address crypto conference in Singapore next month
Boris Johnson will address a crypto conference in Singapore next month while Parliament is still sitting. The former Prime Minister will address the ...
Terraform Labs and crypto bro Do Kwon face $57 million court case in Singapore
Terraform Labs and its fugitive CEO, Do Kwan, face a looming court date in Singapore on Wednesday November 2 as the company confronts a $57 million claim from investors. Also named as defendants in ...