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Tag: crypto

Posted on 01/01/2025

Crypto mogul Do Kwon extradited to U.S. to face fraud charges

Montenegro on Tuesday extradited a Korean mogul known as “the cryptocurrency king” to the United States, following a decision of its justice ministry earlier this month to accept a U.S. request.

Posted on 01/01/2025

What Multinationals Should Know About Singapore’s 15% Tax Rate

Learn how Singapore's 15% tax rate under BEPS 2.0 impacts multinationals, the revamped tax incentives available, and why Singapore remains a premier hub for global business.

Posted on 31/12/2024

Singapore Growth Beats Estimates as PM Wong Flags Global Risks

Singapore’s Prime Minister Lawrence Wong said the country’s economy performed better than expected in 2024, building a strong foundation for the city state to confront a more complex international ...

Posted on 31/12/2024

Singapore economy grew 4% in 2024; government will continue to cushion impact of cost-of-living increases: PM Wong

SINGAPORE’S economy grew by 4 per cent for the whole of 2024, exceeding the most recent official forecast of an expansion of around 3.5 per cent. Read more at The Business Times.

Posted on 31/12/2024

Vietnam’s GDP predicted to surpass Singapore’s in 2029

Vietnam’s GDP is forecast to hit $450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).

Posted on 31/12/2024

Singapore shares retreat at Tuesday’s open; STI down 0.4%

SINGAPORE stocks started trading in negative territory on Tuesday (Dec 31) morning, mirroring overnight losses in global markets. Read more at The Business Times.

Posted on 31/12/2024

Budget 2025 wish list: Singapore businesses seek simpler tax processes

This includes simpler filing methods and more readily available tax advising services. Read more at straitstimes.com.

Posted on 31/12/2024

Singapore’s stock market may hinge on reforms in 2025, but outlook for some sectors look bright

ANALYSTS expect Singapore stocks to outperform and see significant upside in 2025, but there is a caveat: This is likely to happen only if market reforms are put in place to raise their relative ...

Posted on 31/12/2024

Indian conglomerate to exit $2 billion joint venture with Singapore-based company

SINGAPORE: India’s Adani Group has announced its decision to exit its consumer goods joint venture with Singapore-based Wilmar International in a deal valued at $2 billion. The divestment aligns with ...

Posted on 31/12/2024

India’s Adani group to exit consumer goods joint venture with Singapore’s Wilmar in $2 billion deal

India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International in a $2 billion deal as it looks to bolster its infrastructure business. The divestment marks the ...

Posted on 30/12/2024

Adani group to exit consumer goods joint venture with Singapore’s Wilmar in $2 billion deal

India's Adani group will exit the consumer goods joint venture with Singapore's Wilmar International in a deal valued at $2 billion as the Indian conglomerate focuses on core infrastructure business.

Posted on 30/12/2024

Matrixport unveils new crypto structured product

Matrixport, a crypto financial services firm headquartered in Singapore, has launched a new structured product called DNT (Double No Touch), which promises higher returns when used wisely during ...

Posted on 30/12/2024

Singapore boosts maritime, aviation hub role as cargo flows shift and supply chain risks rise

told The Straits Times that efforts are being made to speed up the time taken for air-sea intermodal transshipments via Singapore in 2025, and incentivise leading logistics providers to expand their ...

Posted on 30/12/2024

Watchers expect Singapore’s ‘election Budget’ to tackle cost of living with generous handouts

Budget 2025 could tip towards addressing immediate challenges such as the cost of living, said political watchers. Read more at The Business Times.

Posted on 29/12/2024

Singapore declares former tycoon Lim Oon Kuin bankrupt after oil empire collapses

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

Posted on 29/12/2024

Use current momentum to rejuvenate the Singapore bourse

SINGAPORE – Is the underperforming Singapore bourse finally about to wake up? The Singapore Exchange’s (SGX) total securities market turnover value rose 51 per cent year on year to $30.2 billion in ...

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