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Tag: crypto

Posted on 06/11/2024

What lies ahead for Singapore’s medical device market?

The sector will benefit from rising healthcare expenditure driven by an ageing population. Singapore’s medical device market is projected to rise at a compound annual growth rate of 7.5% in local ...

Posted on 06/11/2024

Asia’s export-driven economies brace for upheaval under Trump

Former US president’s proposals for sweeping tariffs threaten to hobble exports that drive the region’s growth.

Posted on 05/11/2024

World Precision expects loss after tax for 3QFY2024 in profit guidance

The group adds that it also expects a loss after tax for the full-year FY2024 period ending Dec 31. Shares in World Precision Machinery closed flat at 27.5 cents on Nov 5.

Posted on 05/11/2024

USDG: Global Dollar Network Launches Singapore-Based Stablecoin with Robinhood, Kraken Partnership

Seven major crypto companies launched USDG, a Singapore-based stablecoin that will share 97% of reserve earnings with network participants while competing against established players Tether and USDC.

Posted on 05/11/2024

Retail sales in Singapore up 2% in September, boosted by motor vehicle sales

SINGAPORE – Retail sales here went up in September ... Major sporting events, popular concerts, business travel, and meetings, incentives, conventions and exhibitions could support retail sales while ...

Posted on 05/11/2024

Four Singapore shipping companies sanctioned by the US over Russian ties

The US State Department said the LNG Alpha Shipping, LNG Beta Shipping, LNG Delta Shipping, and LNG Gamma Shipping, all companies registered in Singapore, are majority owned by New Transshipment FZE, ...

Posted on 05/11/2024

Only 4 in 10 Singapore firms see AI as fully transformative

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 05/11/2024

Monetary Authority of Singapore to Drive Tokenized Asset Growth with Industry Partnerships and New Frameworks

Singapore’s MAS has published two frameworks to advance tokenization in the country. The financial authority aims to build a supportive system where different market tools and platforms work well ...

Posted on 05/11/2024

New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

The USDG stablecoin is issued out of Singapore by Paxos, and is broadly in line with the Monetary Authority of Singapore's upcoming stablecoin ...

Posted on 05/11/2024

Crypto firms including Robinhood, Kraken launch global stablecoin network

A consortium of financial technology and cryptocurrency companies including Robinhood, Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar. The aim of the newly ...

Posted on 05/11/2024

One of the world’s best airlines is adding a flyer-favorite feature to its business class as premium competition heats up

Singapore's said its new premium seats will mirror what customers can expect on its highly-anticipated Boeing 777X once it eventually enters service.

Posted on 05/11/2024

Commentary: Singapore food isn’t what it used to be – or is it just me?

Today, there are 18 outlets across Singapore. While there are undoubtedly benefits to expanding the business, such as leveraging economies of scale to lower costs, there are also trade-offs. Sean Kee ...

Posted on 05/11/2024

Singapore Airlines’ all-new A350 first, business class suites

Facing further delays in the arrival of its next-gen Boeing 777-9 fleet, Singapore Airlines will now launch the 777X first and business class suites on its A350s in a sweeping SGD$1.1bn upgrade ...

Posted on 05/11/2024

Crypto giants Coinbase, a16z back $78M PAC to shape 2026 election

Crypto giants Coinbase and Andreessen Horowitz (a16z) have invested heavily in Fairshake, a pro-crypto and bipartisan super PAC gearing up for the 2026 U.S.

Posted on 05/11/2024

Singapore’s central bank sets the stage for global asset tokenization boom

Singapore is priming the world for increased tokenization of financial services. In a recent Monetary Authority of Singapore (MAS) media release, the MAS announced the rollout of Project Guardian, a ...

Posted on 05/11/2024

Singapore’s ex-broker gets 9-month jail sentence for stock manipulation

A former Singaporean stockbroker has been sentenced to nine months in jail for manipulating the Singapore Exchange to gain SGD$255,385 (US$194,000) illegally.

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