Singapore has made progress in its regulatory framework for the engaging cryptocurrency industry, evidenced by its changes to its offense of payment services that involve custody of digital assets and ...
Singapore passes new law targeting the sale and misuse of local SIM cards for scams
The intent is not to penalise those who give away SIM cards for legitimate purposes, such as those who register SIM cards in their names for family members' use, says Second Minister for Home Affairs ...
S’pore factory activity regains footing in March, aided by electronics sector’s solid showing
Factory activity up for a seventh month, underpinned by faster growth across most indexes. Read more at straitstimes.com.
Singapore PMI Gauge Expands Again in Fresh Sign of Manufacturing Recovery
A key gauge of Singapore's manufacturing sector activity expanded for a seventh straight month in March, adding to potential ...
Ex-property agent gets death sentence for trafficking cannabis; judge rejects defence that drug was for research
Seet Poh Jing argued that the cannabis in his possession was for research, as he was considering business ventures, including a cafe selling cannabis, in Singapore. ( read original story ...)
Here’s Why Many Singaporeans Welcome NDR 2023 Property Policies
Throughout the COVID-19 pandemic, prices of HDB and private property rose steeply and reached record highs. However, housing prices are not expected to rise indefinitely. According to our Singapore ... ( read original story ...)
Su Wenqiang, accused in $3b money laundering case, sentenced to 13 months’ jail
The Cambodian national pleaded guilty to two charges of money laundering on April 2. Read more at straitstimes.com.
Singapore to prescribe list of regulatory fees not subject to GST; remaining fees to be taxed after 2025
SINGAPORE will prescribe a list of government fees that will not be subject to the goods and services tax (GST), with ...
Singapore expands crypto rules, now covers custody and payments
Singapore's financial regulator has released an expansion to its crypto framework. It will now oversee rules on custody and payments.
Singapore Imposes Licencing Requirement On Crypto Custody Services
Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services. The Monetary Authority of Singapore (MAS) has announced that it will now regulate ...
Singapore Expands Digital Asset Regulation To Include Token Custody And Fund Transfers
In a move to further regulate the digital asset industry, Singapore has broadened its regulatory framework to encompass the custody of tokens and additional firms involved in fund transfers. What ...
Singapore Expands Payment Services Act To Include Crypto Custody, Transfers
Singapore was among the jurisdictions that established regulations for the cryptocurrency industry utilizing a consultative approach that crypto observers lauded. It is known as a digital asset hub ...
Singapore Updates Crypto Laws for Enhanced Safety
Singapore's MAS tightens regulations on the crypto sector, expanding oversight to cover digital payment tokens and strengthening user protection.
Worry over ‘vaping generation’ in Singapore as vaping offences surged in 2023
The purchase, use or possession of vapes in Singapore in 2023 jumped to about 7,900 cases, from about 5,000 cases in 2022 and 4,700 cases in 2021.
Firms fined in Singapore for breaching food safety rules
Three companies were fined recently in Singapore for violating food safety regulations. Lee Peng Hwa, proprietor of LPH Catering, was told to pay SG ...
Singapore aims to be the “World’s Best MICE City” with New Campaign
Discover how Singapore's new campaign cements its status as the top MICE city, aiming for impactful, lasting business event legacies.