SINGAPORE: After losing money from cryptocurrency trading, an insurance agent with AXA began tricking his clients and acquaintances into giving him money, totalling more than S$193,000 (US$144,100).
Singapore’s 2023 investment commitments down 44%, but S$12.7 billion figure above medium-to-long-term target range
SINGAPORE attracted S$12.7 billion in fixed asset investment (FAI) commitments in 2023, a sharp fall from record figures in 2022, but still above the country’s medium-to-long-term goals, said the ...
$10B cryptocurrency hedge fund founder finds Singapore prison enjoyable
Su Zhu, the convicted co-founder of the collapsed cryptocurrency hedge fund Three Arrows Capital, recently shared mostly-positive insights into his three-month term at Singaporean prison.
”Had The Best Sleep”: Crypto Founder Calls Time In Singapore Jail An ”Enjoyable Experience”
Zhu Su, co-founder of failed crypto hedge fund Three Arrows Capital was released from a Singapore prison last month after serving three months for noncooperation with liquidators. according to South ...
Singapore can help Laos realise its potential, says minister, as the two nations mark 50 years of ties
Singapore started importing hydroelectricity from Laos through existing infrastructure in Thailand and Malaysia in June 2022. The Lao PDR-Thailand-Malaysia-Singapore Power Integration Project allows ...
Commentary: Is Singapore’s tech start-up scene giving CEOs a free pass for deception?
Founders of fledgling startups might be tempted to exaggerate achievements to pursue their ambitions, but this can be taken too far, says tech investor Gwendolyn Regina.
KPMG leaders say tax regime needs to be fine-tuned for Singapore to remain appealing: Budget 2024
Ajay Kumar Sanganeria and Mark Addy of KPMG Singapore call for clarity around tax credits, grant funding among others.
Here’s why business leaders worldwide choose Singapore for their careers, lives, and global reach
According to the 2023 World Happiness Report, Singaporeans’ quality of life is among the best worldwide, ranking 25 th as the happiest country in the world. And recently, it also ranked at the top as ...
Fresh off the boat: Singapore’s chicken supplies get a boost, in a world of food disruptions
Before Malaysia’s export ban from June to October 2022, it was the only country Singapore had approved for the import of live chickens. So when the ban happened, “my blood pressure was at 190”, ...
Co-founder of crypto hedge fund Three Arrows Capital says life in Singapore prison was ‘enjoyable’, ‘good’ for everyone to experience once
Zhu Su, one of the co-founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital, has described his time in Singapore prison as ...
Crypto, Securities Laws, and Judge Rakoff’s SEC v. Terraform Labs Decision: A Split Among Judges of the SDNY?
Judge Rakoff held that there was “no genuine dispute” that the issuances of four (4) crypto assets created by Terraform Labs Pte. Ltd. (“Terraform Labs”), a Singapore-based company, constituted ...
Bakkt Crypto Trading Expands Footprint in LatAm and Southeast Asia
Bakkt has established crypto trading and onramp capabilities in Brazil, Guatemala, Spain, Singapore and Hong Kong.
Global Crypto Bank Raises $40M+ Funding, Amid Positive Q4 2023 Results
Global cryptocurrency bank Sygnum secures $40 million in funding, surpassing expectations by $5 million, amid positive recent results.
Toobit Reinforces Global Leadership in Crypto Exchange with Strategic Executive Appointments
In a landmark event that crafts a new chapter in the crypto exchange industry – Toobit, the world's leading cryptocurrency exchange platform–held its MOU signing ceremony, "Uniting through Leadership, ...
KPMG Singapore calls for tax reform in 2024 Budget
SINGAPORE: Professional services firm KPMG Singapore has called for specific tax reforms for the upcoming national budget in light of Singapore’s adoption of the OECD’s Base Erosion and Profit ...
Sygnum defies Crypto Winter and grows valuation on $40 million fund raise
Swiss digital asset bank Sygnum has raised $40 million in an over-subscribed growth financing round.