2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse ...
The case for an Exim bank for Singapore
Amid a challenging global trade environment, Singapore should consider establishing a dedicated export promotion agency. Read more at straitstimes.com.
Southeast Asia lays the groundwork to become crypto, blockchain, AI hub
The Southeast Asia region was highly represented in Chainalysis’s 2023 global crypto adoption index, with countries such as Vietnam, the Philippines and Thailand on the brink of a crypto revolution.
Singapore foreign interference law: Who will it affect?
For decades, global business hub Singapore has lauded itself as one of the world's most open economies. But the Southeast Asian country's new foreign interference law could taint its liberal image.
Hong Kong prepares sweeping rules to foil stealthy crypto purchases
Officials estimate 450 shops, ATMs and websites in Hong Kong offer crypto trades. Read more at straitstimes.com.
How Singapore NRIs can navigate DTAA hurdle on capital gains tax
Singapore does not levy any tax on capital gains; NRIs there, however, have to pay tax in India and file for refunds.
Singapore Remittance Firm Hits Back at Regulator, Denies Fraud
A Singapore remittance company is hitting back against the ... Samlit Moneychanger Pte categorically rejects that it carried on any business for any fraudulent purpose and “any claims to such effect ...
An abrupt exit at a Goldman Sachs-backed crypto bank spotlights the industry’s tug-of-war with regulators
Anchorage Digital, the only federally chartered crypto bank backed by some of the biggest names in finance, is wrestling with regulatory scrutiny.
Water-stressed Singapore taps into water solutions
The country’s innovations have attracted the attention of other water-scarce nations, with climate change expected to exacerbate water insecurity.
Singapore middle distillates stocks fall as diesel/gasoil net exports rise
Singapore's middle distillates stockpiles slipped week-on-week as net exports of diesel/gasoil rose, official data showed on Thursday.Inventories of diesel/gasoil and jet fuel/kerosene at key oil ...
Singapore shares begin week in the red amid profit-taking; STI down 0.4%
Across the broader market, decliners outnumbered advancers 325 to 241, with 1.8 billion securities traded. Read more at straitstimes.com.
Hotels, flights booked out as ‘Swift effect’ hits Singapore
The "Swift effect" is about to hit Southeast Asia but Singapore has left some of its neighbours seeing red while it profits from a Taylor-made tourism boom as the star's only stop in the region.
Experts warn of delays to Indonesian electricity exports to Singapore
Experts have warned that Indonesia could face delays in realizing its exports with consequences weighing more on itself rather than its counterparts in Singapore. “From the start, I saw this would be ...
Taylor Swift’s six shows estimated to boost Singapore’s economy by up to S$500 million
Find out more about subscription packages here. POP star Taylor Swift’s six concerts in March could boost Singapore’s economy by up to S$500 million in tourism receipts, according to economists’ ...
Rats in Singapore: 2 can become 2 million in 2 years if there is no intervention
Rats regularly make headlines here, with rodent infestations presenting a complex problem which needs a multi-faceted approach. Read more at straitstimes.com.
Vietnam becomes Singapore’s 10th largest trading partner
Vietnam became the 10th largest trading partner of Singapore in January, with two-way trade turnover reaching over SGD2.9 billion (US$2.16 billion), up 18.08% over the same period last year, according ...