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Posted on 27/06/2023

MAS proposes to increase insurance coverage on bank deposits to $100,000 from $75,000

The proposed change will result in 91 per cent of all depositors being fully covered by deposit insurance. Read more at straitstimes.com. ( read original story ...)

Posted on 27/06/2023

Singapore Moves Forward on Tokenized Assets: MAS Reveals Framework for Digital Assets

The Monetary Authority of Singapore (MAS) published a report proposing a framework for designing open, interoperable networks for digital assets.

Posted on 27/06/2023

Singapore sends businessman to Jail for 12 months in his role in Wirecard fraud

A Singapore judge handed a 12-month prison term to a businessman for conspiring to misappropriate money in the Wirecard AG scandal.

Posted on 27/06/2023

Best Online Casino Singapore 2023: Top 9 Trusted Casinos SG

We have compared and reviewed all online casinos in Singapore to come out with the Best 9 Trusted Singapore online casino that you must try.

Posted on 27/06/2023

Singapore Government Sandbox to Host Crypto Story Bank

Crypto Story Bank integrates two types of cryptocurrency terminals designed for businesses. Owners of physical stores can utilize the Terminal mobile application, while websites can integrate online p ...

Posted on 27/06/2023

Schroders explores digital asset fund in Singapore

Global asset manager Schroders has teamed up with the Monetary Authority of Singapore (MAS) to develop a tokenised digital asset fund.

Posted on 27/06/2023

Singapore Releases New AI Toolkit to Encourage Fair and Ethical Use in Finance

The Veritas Toolkit 2.0 was mainly developed by Accenture and Bank of China, while other banks participated in pilot testing.

Posted on 27/06/2023

Singapore: The Center of Asian Crypto Wealth Is Ready for a Reset

A fintech hub turned early crypto adopter, Singapore raised billions through ICOs. Cue parties on yachts and at luxury villas. But after the collapse of homegrown crypto darlings Terraform Labs and ...

Posted on 27/06/2023

Amid global trend of greater ‘sensitivity’ to cultural relics’ origins, experts urge Singapore museums to review collections

With calls for looted artefacts and sacred idols to be returned to the countries they came from growing louder in recent years, history and arts experts in Singapore are also urging museums here to ...

Posted on 27/06/2023

Crypto.com launches Singapore-based Global Innovation Lab

Crypto.com introduces a Singapore-based Global Innovation Lab intending to explore new opportunities in AI, Web3, and blockchain.

Posted on 27/06/2023

Crypto.com to set up Singapore innovation lab

This announcement was made by Crypto.com during Point Zero Forum – a multi-sector policy and technology forum organized by the Swiss State Secretariat for International Finance (SIF) and Elevandi, a ...

Posted on 27/06/2023

Man cheats 62 victims of $383k in one of Singapore’s largest ever rental scams

SINGAPORE - A French exchange student looking for a place to stay in Singapore contacted Gibson Zeng Xianfu after seeing his rental listing on Airbnb.The student paid $9,000 to secure the unit but before the agreed move-in date,

Posted on 27/06/2023

Jungkook’s High School Set To Open Counterpart In Singapore; SG SOPA Looks For Next Lisa

School of Performing Arts Seoul (SOPA) will open a sister school in Singapore, making it the first Korean high school to open overseas. According to a report, SOPA will open a par

Posted on 27/06/2023

Customs make record HK$1.5 billion smuggling seizure

Customs officials on Monday said they had seized the largest ever haul of smuggled goods, with HK$1.5 billion of electronics, wine, music records ...

Posted on 27/06/2023

Singapore teeters on edge of recession after industrial output nosedives

Economists now expect the city state’s economy to have contracted over two quarters, enough to count as a technical recession and raising the prospect’s of a downgrade to the full-year growth forecast ...

Posted on 27/06/2023

Singapore taxi & ride-hailing fees revision: How much more do you need to pay?

Companies like ComfortDelGro and Gojek have made some taxi and ride-hailing fare-related changes. Find out how much more you'll have to pay.

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