In addition to the five pilots, MAS launched Global Layer One (GL1) to explore the design of an open, digital infrastructure that will host tokenized financial assets and applications.
Owner of Hong Kong crypto exchange OSL gets US$91 million from firm linked to Bitget, which is exiting the market
BGX is taking a 30 per cent stake in BC Technology to become the largest shareholder of the owner of one of two licensed Hong Kong crypto exchanges.
Fast-growing Johor eyes Singapore power trade, electric vehicle opportunities in green economy drive
Malaysia’s southernmost state is exploring clean power exports and boosting EV infrastructure development via a proposed special economic zone with Singapore. Johor's green economy plan will also look ...
Could unproven claims about Lee Kuan Yew hurt Malaysia-Singapore trade? Jelutong MP asks in Parliament
Jelutong MP RSN Rayer today raised concerns that bilateral trade with Singapore might be damaged as a result of unproven allegations made by another Malaysian MP in the Dewan Rakyat about the republic ...
Singapore President Believes AI Will Ease Talent Shortage
Tharman Shanmugaratnan, the newly appointed president of the city-state, spoke at this week’s Singapore FinTech Festival, noting that artificial intelligence will help it meet the challenges of a ...
Record dividends expected for Singapore’s largest stocks this year: Janus Henderson
ASSET manager Janus Henderson expects Singapore’s largest stocks to issue record dividends for the full year, exceeding the previous peak in 2011. Read more at The Business Times.
Singapore’s Temasek, Saudi PIF take contrarian view on China, raise bets on consumer stocks as other foreign investors flee
Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, at a time when Western investors are retreating over growth concerns and ...
IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’
Kristalina Georgieva of the IMF said that the public sector should keep preparing to deploy CBDCs and related payment platforms in the future.
Singaporeans to receive Assurance Package (AP) support next month
The Assurance Package (AP) aims to help Singaporeans tide through the period of higher inflation and cushion the impact of the GST rate increase...” MOF said in a press release ...
All adult Singaporeans to receive Assurance Package cash payments in December
SINGAPORE – All adult Singaporeans will receive between $200 and $800 in December through the Government’s Assurance Package to help with the rising cost of living. This will apply to Singaporeans ...
UBS, DBS and SBI execute world first live repurchase transaction of natively-issued digital bond on public blockchain
This is part of MAS’s Project Guardian, a government-industry partnership to test the feasibility of asset tokenisation.
‘Singapore is wide open for business’: EnterpriseSG launches overseas centre in San Francisco
The San Francisco Overseas Centre will facilitate Singapore companies’ entry into the US and boost investment between the two countries.
UAE anti-money laundering chief praises Singapore’s S$2.8B bust
SINGAPORE: The director-general of the UAE’s Executive Office of Anti-Money Laundering and Counter-Terrorism Financing, Mr... The post UAE anti-money laundering chief praises Singapore’s S$2.8B bust a ...
Singapore October Home Sales Fall as Supply Weakness Weighs
Singapore home sales fell for a third month, to the lowest since 2022, as a lack of major property projects being launched continued to drag on the market.
HSBC to Offer its Financial Toolkit for Antler’s Portfolio Companies
HSBC has joined forces with Antler to support the growth of Southeast Asian companies and entrepreneurs based in Singapore.
Returns On Capital At Singapore Post (SGX:S08) Paint A Concerning Picture
And from a first read, things don't look too good at Singapore Post (SGX:S08), so let's see why. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative ...