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Posted on 05/06/2025

Singapore Court Blocks WazirX Restructuring Plan After $230 Million Crypto Hack

WazirX restructuring plan rejected by Singapore court, delaying fund recovery for users after 2024 crypto platform hack.

Posted on 05/06/2025

Singapore Paincare up 12.1% on Sias valuation

SINGAPORE] Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, valued the medical services company at more than double its ...

Posted on 05/06/2025

Best Credit Card Promotions in Singapore (Jun 2025): Citibank, DBS, HSBC, UOB, and More

This June, sign up for a credit card and you could walk away with welcome gifts like: Apple 10.9-inch iPad 10th Gen WiFi 64GB (worth $499) Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth ...

Posted on 05/06/2025

Shein shifts Australian marketplace to Singapore, raising tax question

The Chinese online fast fashion giant, which has expanded rapidly with low prices and a large range of merchandise, moved transactions to an overseas entity.

Posted on 05/06/2025

WazirX exits Singapore, rebrands as Zensui, as court rejects restructuring plan after $235-million hack

Amid the Singapore High Court's rejection of its restructuring plan, WazirX is rebranding as Zensui and relocating operations to Panama. While the court's decision does not affect user-owned assets, ...

Posted on 05/06/2025

Singapore Gets Tough on Offshore Crypto Operators as Time Runs Out

MAS has finalised the Singapore DTSP licensing rules. Here’s what crypto firms must comply with by 30 June 2025 to stay operational.

Posted on 05/06/2025

More than $8.5b GST collected by Singapore Customs in 2024; increase in tobacco and liquor offences

GST rates increased from 7 per cent to 8 per cent in 2023, and to 9 per cent in 2024. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/06/2025

Singapore retail sales rise in April by 0.3%

The total retail sales value in April was $3.9 billion. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/06/2025

Best Fixed Deposit Rates in Singapore (Jun 2025)—Minimum Deposits From $500, Rates Up To 2.45%

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 05/06/2025

DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park

SINGAPORE] DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia. Read more at The Business ...

Posted on 05/06/2025

DBS and UOB provide record IDR6.7 trillion loan for data centre development project in Batam

DBS Bank and United Overseas Bank(UOB) have jointly provided a landmark IDR6.7 trillion loan facility to finance the development of a new data centre campus in Batam, Indonesia, according to a joint ...

Posted on 05/06/2025

Singaporean Businessman Nabbed at Thai Airport in Tax Case

Police and Immigration officers jointly arrested a 71-year-old Singaporean businessman, Mr. Liu, at Suvarnabhumi Airport on June 4 as he was preparing to return to Singapore, ...

Posted on 05/06/2025

Flying 13 hours in Singapore Airlines BUSINESS CLASS! What a dream! #shorts

Join us as we embark on a 13-hour journey in Singapore Airlines Business Class, where luxury and comfort redefine air travel. Discover the exquisite amenities, gourmet dining, and exceptional service ...

Posted on 05/06/2025

Latest Singapore six-month T-bill cut-off yield sinks to 2.05%

SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) dropped to 2.05 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Jun ...

Posted on 05/06/2025

Marcos, Singapore PM Wong vow deeper bilateral ties

President Marcos and Singapore Prime Minister Lawrence Wong vowed to deepen bilateral cooperation in trade and investments, renewable energy, climate change, humanitarian assistance and digital ...

Posted on 05/06/2025

Peter Thiel-backed Singapore venture pushes into financial advice

Syfe Group says 8 per cent of Singaporeans use its wealth management platform, and its goal is to draw similar numbers to its Selfwealth site in Australia.

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