This is a major finding of the 2024 IMD World Competitiveness Ranking (WCR), which measures economies with population size and ...
Crypto Tokens and Services Pose “High” Money Laundering Risks: Singapore MAS
There has been an increase in money laundering cases involving crypto tokens and a range of ways in which they can be exploited.
Singapore Raises Concern Over Digital Payment Token Service Providers in New Report
Singapore's Money Laundering National Risk Assessment has raised concerns regarding vulnerabilities posed by crypto service providers.
Singapore flags crypto for ‘higher risk’ in money laundering
SINGAPORE -- Singapore has labeled cryptocurrency-related activities as "higher risk" in a report issued Thursday by enforcement agencies, signaling its financial sector to more closely guard against ...
Singapore Customs warns of new document impersonation scam
SINGAPORE – Singapore Customs is warning the public about the emergence of a new document impersonation scam. In a Facebook post on June 20, it said a member of the public has received documents that ...
Singapore to seek compensation from ship owner for oil spill, media reports say
Singapore will seek compensation for the costs incurred in an oil spill last week from the owners of the stationary vessel that discharged the oil, local media CNA reported on Thursday.
Banking sector identified as posing the highest money laundering risk in Singapore
Controls have improved, but global threats and risk environment have also increased in complexity. Read more at straitstimes.com.
Singapore woman upset with boyfriend for gifting her Dyson hairdryer he received for credit card signup
Huhh you give me a gift that is supposedly free ah, then it's not a gift mah...” she complained to her boyfriend ...
StraitsX is Bringing Real-World Stablecoins to the Singapore Mainstream
While stablecoins offer advantages in theory, StraitsX has taken the concept a step closer to reality in Singapore, with purpose bound money.
85 Singapore companies make it to Fortune’s SEA 500 rankings, with 5 local firms in the top 10
Singapore-based commodities giant Trafigura is leading the charge, which not only topped the Singaporean list but also clinched the number one spot overall ...
“Paying so much tax for this kind of tech?” — Error message on ERP 2.0 sparks fresh criticism over the use of taxpayer funds
SINGAPORE: The launch of ERP 2.0 has not been without hiccups, as the public has raised concerns over the design of its onboard unit. Some motorists have been unhappy over the bulk of the unit, while ...
Sumsub Partners with 21 Analytics to Add Self-Hosted Wallet Verification to Its Crypto Travel Rule Solution
Sumsub, a global full-cycle verification platform, is pleased to announce a new partnership with 21 Analytics, a Swiss-based Travel Rule compliance software provider. According to FATF recommendations ...
Dental costs in Singapore rising, but employee benefits not always keeping pace
The cost of dental care has been edging up over the past few years, driven by inflation and rising business costs, yet many workers are finding that their dental benefits have not kept pace, said ...
Crypto Token Ether Rallies on Claim About SEC’s Ethereum Probe
The Ether token posted its best climb this week amid speculation that US regulatory scrutiny of the blockchain ecosystem underlying the second-largest digital asset may be easing.Most Read from ...
Singapore on track for 4 GW imports by 2035
In a report, Wood Mackenzie said Keppel Energy secured the largest capacity at 1.4 GW for renewables which include solar with a battery energy storage system and hydropower. “However, it is noted that ...
Singapore-India Trade Mission
The Alaska International Business Center leads a junket to Singapore and India, much like past missions that strengthened trade ties.