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Tag: crypto

Posted on 03/12/2024

Building Dubai’s Crypto Hub, The Story Of DMCC’s Leadership

Explore Dubai's journey to becoming a global crypto hub, from early blockchain pilots to the rise of the DMCC Crypto Centre under Ahmed Bin Sulayem’s leadership.

Posted on 03/12/2024

Crypto.com partners with HackerOne for $2M bounty program

Crypto.com, trusted by more than 100 million customers worldwide and the industry pioneer in regulatory compliance, security and privacy, announced that it has upgraded their existing bug ...

Posted on 03/12/2024

Man gets $1.5m fine for evading duty and GST on 427 imported vehicles

A 44-year-old man involved in various vehicle businesses has been fined $1.5 million for fraudulent evasion of duty and goods and services tax (GST) on 427 motor vehicles imported into Singapore ...

Posted on 03/12/2024

$1.5m fine, 5 weeks’ jail for man who recruited ‘fall guy’ to evade duty, GST on hundreds of imported cars

A 44-year-old man was fined $1.5 million on Dec 2 for fraudulent evasion of duty and goods and services Tax (GST) on 427 motor vehicles imported into Singapore between January 2019 and October 2020.

Posted on 03/12/2024

Singapore court restrains crypto litigation in Hong Kong

A Singapore court has restrained a BVI-incorporated company from pursuing litigation in Hong Kong against a US developer of stablecoins, finding the case should be heard in SIAC arbitration.

Posted on 02/12/2024

Man in Singapore fined RM6.7mil for evading duty, GST on 427 motor vehicles imported into Singapore

A 44-year-old man involved in various vehicle businesses has been fined S$1.5 million (RM6.7 million) for fraudulent evasion of duty and goods and services tax (GST) on 427 motor vehicles imported ...

Posted on 02/12/2024

Singapore PMI up 0.2 point in November, echoes improved regional factory activity

SINGAPORE’S overall factory activity rose in November, mirroring a region-wide improvement in manufacturing sentiment. Read more at The Business Times.

Posted on 02/12/2024

Man fined $1.5m for evading duty, GST on 427 motor vehicles imported into Singapore

Tan was on Jan 2 fined $3.6 million for fraudulent evasion of duty and GST on 983 motor vehicles imported into Singapore between November 2018 and October 2020. The Singapore Customs and LTA said he ...

Posted on 02/12/2024

Car dealership owner fined S$1.5 million for evading duty and tax on 427 imported vehicles

Jason Liang Huan Shuo, the owner of JDM Automobile, was also jailed for underpaying the Additional Registration Fee (ARF) during the registration of the vehicles.

Posted on 02/12/2024

Singapore stocks up 0.3%, tracking strong gains in Asia, with Genting Singapore the top gainer

Genting Singapore was the top gainer on the STI. The counter was up 2 per cent 1.5 cents to 78 cents, with 24 million shares worth $18.6 million traded. OCBC was the top decliner, falling 0.5 per cent ...

Posted on 02/12/2024

US Bitcoin, Ether ETFs log record inflows on Trump’s embrace of crypto

The crypto market has jumped by about US$1.2 trillion since Trump became president-elect, CoinGecko data show.

Posted on 02/12/2024

Singapore Post to divest Australia business for $505 million

Singapore Post said on Monday it is selling its Australian business, Freight Management Holdings, to private equity firm Pacific Equity Partners for a cash consideration of A$775.9 million ($505.4 ...

Posted on 02/12/2024

F&B business openings slow so far in 2024, but observers say industry remains attractive

FOOD and beverage (F&B) businesses have been opening at a slower rate in Singapore this year, but observers believe the industry remains attractive despite rising costs. Read more at The Business ...

Posted on 01/12/2024

Who is Justin Sun, the China-born crypto founder who made a US$6.2 mil bid for a banana?

Sun, 34, is fighting a lawsuit from the US Securities and Exchange Commission, which sued him in 2023 alleging he defrauded investors by manipulating the price of his Tron cryptocurrency.

Posted on 01/12/2024

From recycled batteries to lettuce: Singapore firms with green thumbs take a slice of American pie

They offer solutions across renewable energy, green infrastructure and agri-food technologies. Read more at straitstimes.com.

Posted on 30/11/2024

UBS South-APAC CIO would hold ‘at least 10%’ of personal assets in crypto if allowed

Speaking at The Edge Singapore’s Year-End Investment Forum on Nov 30, Kelvin Tay says Bitcoin has “become legitimised to a certain extent”.

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