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Tag: crypto

Posted on 29/11/2022

Singapore repeals gay sex ban but limits prospect of legalising same-sex marriage

Singapore's parliament on Tuesday decriminalised sex between men, but, in a blow to the LGBT community, also amended the constitution to prevent court challenges that in other countries have led to ...

Posted on 29/11/2022

Holiday season sales off to a good start with Black Friday, say retailers in Singapore

Sales were however “somewhat muted” for some brick-and-mortar stores that held their first physical Black Friday sales after two years.

Posted on 29/11/2022

Business remains steady in our 3 major markets, says CEO of traditional Chinese medicine company

Dominic Wong of Eu Yan Sang International says it doesn't operate any clinics in mainland China, and business has been steady in Singapore, Malaysia and Hong Kong.

Posted on 29/11/2022

Prosecution calls for up to 18 months’ jail for woman linked to unlawful import of elephant tusks

SINGAPORE - The prosecution has called for between 12 and ... For committing the offence under the Endangered Species (Import & Export) Act, an offender can be jailed for up to two years and fined up ...

Posted on 29/11/2022

Australia, Singapore to pitch green energy pact at regional talks

The first round of in-person negotiations for the US-led Indo-Pacific Economic Framework for Prosperity will be in Brisbane next month.

Posted on 29/11/2022

Building business resilience and gaining profit through data optimisation and innovation

Organisations must work towards data monetisation as data leaders are 5.5 times as likely to say data boost sales win rates by 10% ...

Posted on 29/11/2022

Crypto lender BlockFi goes bankrupt in wake of FTX’s fall

BlockFi said in a statement Monday that it will use the Chapter 11 process to “focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate ...

Posted on 29/11/2022

More crypto platforms could seek restructuring in Singapore

The death of cryptocurrency exchange FTX has sent an enormous blow to investors’ confidence, and the panic leading to withdrawals has put many crypto lending platforms at liquidity risk. Read more at ...

Posted on 29/11/2022

Mark Mobius sees Bitcoin down at $10,000 in ‘dangerous’ crypto market

The co-founder of Mobius Capital Partners LLP said in an interview Monday in Singapore that his next target for Bitcoin is $10,000. He added he wouldn’t invest his own cash or client money in digital ...

Posted on 29/11/2022

Singapore Banks’ Exposure to Bitcoin ‘Insignificant’ but Subject to Highest Risk Weight

Singapore's banks are required to hold $125 of capital against an exposure of $100 to risky cryptocurrencies like bitcoin or ether, an official said Monday. Although the jurisdiction's banks have ...

Posted on 29/11/2022

Singapore’s parliament raises governance concerns following FTX collapse

The FTX contagion made its way into Singapore and its parliamentarians cannot come to terms with the fact that their government failed to protect its ...

Posted on 28/11/2022

Singapore shares edge down on China’s Covid-19 protests

SINGAPORE - Asian equities, including Singapore shares, closed in the red on Monday, after a weekend of protests across China over restrictive Covid-19 curbs dampened market sentiment. Read more at ...

Posted on 28/11/2022

Dempsey tenants hold out hope they can continue business at ‘second home’

Two of them said they have looked for alternative venues but nothing matches up to Dempsey, which is like a "second home".

Posted on 28/11/2022

Mark Mobius sees bitcoin down at US$10,000 in ‘dangerous’ crypto market

THE crypto rout has room to run, according to veteran fund manager Mark Mobius. Read more at The Business Times.

Posted on 28/11/2022

Singapore shares edge down on China’s Covid protests

ASIAN equities, including Singapore shares, closed in the red on Monday (Nov 28), after a weekend of protests across China over restrictive Covid curbs dampened market sentiment. Read more at The ...

Posted on 28/11/2022

Singapore comes top for cryptocurrency businesses in latest business report, says Coincub.com

On a comprehensive number of business ranking categories, Singapore leads the pack as the world's most 'business-friendly' crypto country. The ambitious island nation scores highly on the proportional ...

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