the impact of fear of war in the Middle East on gold investment demand outweighs the opportunity cost of holding gold, typically measured by short-term US interest rates.” Unsurprisingly, gold ...
South Korean Crypto Exchange Upbit Wins Singapore Permit
South Korean leading crypto exchange Upbit has received an in-principle approval from the Monetary Authority of Singapore to offer digital payment token services in the city state, according to a ...
Singapore’s competition watchdog raises concerns over Grab’s proposed takeover of Trans-Cab
The Competition and Consumer Commission of Singapore said a more detailed review is needed. Read more at straitstimes.com.
Prismx Global Ventures Limited Shines Bright: Bags INR 120 Crore Textile Order from Singapore Amidst Impressive Stock Performance
Prismx Global Ventures’ recent achievement in securing the INR 120 crore textile order from Singapore stands as a beacon of the company’s global prominence. This substantial deal not only reaffirms ...
Geopolitical Tensions in Middle East Cast Shadow over Malaysia’s Stock Market
The reverberations of Middle Eastern geopolitical tensions echoed in the trading halls of Bursa Malaysia, the Malaysian stock exchange. Monday’s trading session ended on a somber note as the main ...
Total outstanding debt arranged by financial institutions in Singapore down 2% in 2022: MAS
The US dollar was the most favoured currency for corporate debt issuances in Singapore last year. Read more at straitstimes.com.
DBS, Citi outages caused by cooling system ‘technical issue’ at data centre
The technical issue with the chilled water system happened during a planned system upgrade at one of Equinix's data centres, raising the temperatures in some of halls and affecting operations.
Singapore crypto exchange scores major regulatory win
Subsequently, on 3 October, Swiss cryptocurrency bank subsidiary Sygnum Singapore obtained its full MPI license, followed by Ripple [XRP], which received full approval on 4 October. These approvals ...
Upbit Singapore Joins Elite Group with Prestigious MPI License
Upbit Singapore secures a coveted MPI license from MAS, fortifying its stature in the digital asset sector and exemplifying Singapore's growing commitment to the crypto universe.
Upbit Singapore Gains In-Principal Approval for Major Payment Institution License from MAS
Upbit, South Koreas leading crypto exchange, has secured in-principal approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), enhancing its foothold in ...
53 cartons of duty-unpaid cigarettes seized in Lavender
A total of 53 cartons and 46 packets of duty-unpaid cigarettes were uncovered and seized in French Road in Lavender during an operation on Oct 11. A Singaporean man is assisting in investigations, ...
Singapore shares fall 0.69% on Monday, tracking regional losses
SINGAPORE - Shares in Singapore fell on Monday, tracking losses in most major markets in the region after a sell-off on Wall Street last Friday. The benchmark Straits Times Index (STI) slipped 21.9 ...
Singapore’s ambition in novel bilateral carbon market faces competitor, near-term supply hurdles
The city-state wants to enter the UN-backed “Article 6.2” carbon trade from 2024, but the tight timeline presents challenges. Experts say buyer nations need to uphold quality, in what may eventually ...
Singapore may consider carsharing for EVs amidst pricey COEs – expert
It is a practical way of using EVs sans purchasing vehicles with pricey COE. With an increasing adoption of electric vehicles, Singapore may consider introducing carsharing programmes with offerings ...
Poco C65 appears on Singapore’s IMDA, launch seems imminent
Xiaomi’s sub-brand Poco is extensively working to bring affordable smartphones to attract new customers in different market segments. In addition, the company is set to unveil a new mid-range ...
Singapore’s Shophouses: A Surge in Demand Amid Exemption from Housing Regulations
In the heart of Singapore, where modern skyscrapers reach for the clouds, there lies a different kind of architectural beauty – the shophouses. These historic, multi-purpose buildings, built between ...