As the war in Gaza drags on, Foreign Affairs Minister Vivian Balakrishnan said Singapore is prepared to recognise the state of Palestine in principle. However, he added there needs to be an effective ...
Singapore Flyer celebrates National Day with overnight rides, a night market, and ticket promotions
As our nation’s 59th birthday approaches, everyone’s celebrating in their own ways. And the Singapore Flyer has hopped on the bandwagon to join in the party too with an overnight flight run, a night ...
Paxos approved by MAS for DPTservices; names DBS as primary banking partner
The approval marks Singapore as the third market where Paxos and its related entities are authorised to issue stablecoin.
No profit, no problem: Singapore’s digital banks in six charts
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Singapore Gov’t Should Not Interfere in GIC Investments, Says Minister
The Singapore government should not direct or interfere with sovereign wealth fund GIC’s investment decisions, emphasised Chee Hong Tat.
HSBC curbs hiring, reins in banker travel in cost-cutting push
Era of stubbornly high interest rates that fueled the profits of large banks coming to an end. Read more at straitstimes.com.
DBS boosts digital asset push with first stablecoin tie-up
The move comes amid Singapore’s efforts to promote productive uses of underlying blockchain technology. Read more at straitstimes.com.
Desmond Lee on Fort Canning statues: Singapore built on colonial legacies to become what it is today
The acceptance and display of the donated statues of Sir Stamford Raffles and Dr Nathaniel Wallich in Fort Canning Park recognise the colonial legacies that the country has been able to “build (upon), ...
Six Family Office Funds Tied to Singapore Launder Case Got Tax Breaks
Six single family office funds linked to a S$3 billion ($2.2 billion) money laundering case in Singapore have received tax incentives from the Monetary Authority of Singapore.
Child abuse cases investigated by Singapore’s ECDA rise to 147 in 2023
SINGAPORE: The number of child abuse cases investigated by the Early Childhood Development Agency (ECDA) increased to 147 cases in 2023, from 137 cases in 2022.
Singapore digital banks face down ticking clock
TIME flies and it has already been four years since the digital retail banks in Singapore made a modest splash with their launch on the banking scene. With the initial hype behind them, both GXS bank ...
Stablecoin Issuer Paxos To Partner With Banking Giant DBS for New Custody Service: Report
The largest bank in Singapore is partnering with a major stablecoin issuer to offer a new crypto custody service.
Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.7%, Minimum Deposits From $500
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 ...
3 men arrested after Customs officers find contraband cigarettes; over $800k in taxes evaded
Singapore Customs officers seized a total of 7,500 cartons of duty-unpaid cigarettes. Read more at straitstimes.com.
Businesses affected by Singapore oil spill may get help with rent
Minister for Sustainability and the Environment Grace Fu acknowledged the frustration and inconvenience that affected businesses have experienced.
Singapore’s unlikely rise as a digital tech powerhouse
FOR decades, Singapore has been held up as a model of successful state-led economic development. However, many doubted whether this top-down approach could succeed in the rapidly evolving digital economy,