Singapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income challenges. OCBC achieved a record quarterly net profit, while ...
19x leverage on FCNR(B) deposits and high returns may not work for NRIs based in Singapore in this case
FCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indian banks are recognized as originating from Singapore, ...
Singapore Clears Plans to Import Clean Energy from Malaysia
Singapore granted two companies conditional approval to import renewable power from projects planned in Malaysia’s Johor state, as part of the city-state’s efforts to bolster energy security via cross ...
S’pore gives conditional nod to import solar power from Malaysia
This brings the number of electricity import projects granted with conditional approvals and licences to 13, with a combined capacity of 9.25GW. Read more at straitstimes.com. Read more at ...
Sembcorp receives conditional approval for 300MW Malaysia-Singapore renewable power import project
Shares in Sembcorp closed $5.60 on Aug 7, up one cent or 0.2%. The company will announce its 1HFY2026 results on Aug 13.
Singapore grants 2 firms conditional approval to import 900MW of electricity from Malaysia
Singapore has granted conditional approval to two companies to import 900 megawatt (MW) of electricity from Johor.The conditional approvals — for projects supplying power generated from solar and ...
TOKEN2049 Singapore Returns as the Largest Industry Gathering of the Year
Singapore this October SINGAPORE, Aug. 6, 2026 /PRNewswire/ -- TOKEN2049, the world's largest crypto event, returns to Marina Bay Sands in Singapore on 7–8 October, bringing together 25,000 attendees ...
Singapore Now Has 37 Licensed Crypto Firms Out of Nearly 300 Applicants
Singapore has licensed 37 crypto companies out of nearly 300 applications under MAS’ digital payment token framework.
Asia’s Crypto Rulebook: MAS Singapore vs. Hong Kong’s Digital Asset Regime
Asia has become one of the world's most influential regions for digital asset innovation. While many jurisdictions are still developing their regulatory strategies, Singapore and Hong Kong have ...
FalconX cuts 10% of jobs amid crypto slump, including half of Singapore staff: Sources
FalconX, which counts GIC as a backer, employed around 350 people globally. Read more at straitstimes.com. Read more at straitstimes.com.
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
FalconX reportedly laid off 10% of its workforce, plans to withdraw its Singapore license application and refocus its business amid the crypto downturn.
US tariffs threaten US$3.1bil of Singapore’s pharma exports, says deputy PM
SINGAPORE: Pharmaceutical companies in Singapore are seeking clarification on whether they would qualify for an exemption from steep tariffs imposed by the US on their goods, Singapore’s deputy prime ...
Singapore is not trying to win the crypto race. It is trying to win the right one.
Singapore just sent a clear message to every bank touching cryptocurrency within its borders. The Monetary Authority of Singapore wants full visibility into digital asset holdings, and it wants that ...
VCI Global unveils crypto treasury plan, backs Tether’s payments arm OOBIT
Malaysia-based VCI Global (Nasdaq: VCIG) has announced plans to acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a Singapore-based crypto payments platform launched in ...
Owner of Singapore-based Vietnamese matchmaking agency retires after 3 decades, sells business for $76,000
The owner of a Singapore-based matchmaking agency linking Singaporean men with Vietnamese women is selling the business for S$99,000 (US$76,700) as he plans to retire after more than 30 years.
Singapore tax clarification clouds returns from leveraged FCNR deposits: Report
Singapore's tax authority has clarified that leveraged FCNR(B) deposit structures may attract withholding tax on loan interest, raising concerns over returns for NRIs.