Temasek, SoftBank and Sino Global were named along with nine other VC firms in a class-action lawsuit alleging they should have known about issues at FTX before it collapsed.
Blockchain.com Obtains Major Payment Institution License from Monetary Authority of Singapore
Blockchain.com announced it has been granted a major payment institution (MPI) license from the Monetary Authority of Singapore.
Singaporean man fined RM51,000 for illegally importing more than 180kg of food products from China
A Singaporean man was fined $15,000 (RM51,000) on Thursday for illegally importing more than 180kg of meat and seafood products from China, according to a joint statement by the Singapore Food Agency ...
Singapore’s middle distillates stocks steady; imports rise
Singapore's middle distillates stockpiles were little changed as an uptick in weekly imports for both gasoil and jet fuel/kerosene capped drawdowns, official data showed on Thursday.
Genting Singapore H1 profit more than trebles on improved visitor arrivals
GENTING Singapore posted a net profit of S$276.7 million for the six months ended Jun 30, 2023, more than three times the S$84.4 million in earnings in the same period a year ago. Read more at The ...
Man fined $15,000 for illegally importing more than 180kg of food products from China
SINGAPORE - A Singaporean man was fined $15,000 on Thursday for illegally importing more than 180kg of meat and seafood products from China, according to a joint statement by the Singapore Food Agency ...
Singapore fuel oil inventories drop to three-week lows
Residual fuel oil stocks at key trading hub Singapore retreated to three-week lows, official data showed on Thursday, amid a strongly backwardated market and high storage financing costs. Onshore fuel ...
Singapore stocks rise on Thursday amid mixed regional trading; STI up 0.3%
Local stocks inched higher on Thursday amid mixed trading in the region and a nervy session on Wall Street overnight ahead of upcoming inflation figures. Read more at straitstimes.com.
Millions of crypto investors’ wallets at risk of attacks due to security flaws, says study
Dubbed BitForge, it had impacted popular wallet providers like Coinbase WaaS and Binance. Read more at straitstimes.com.
Singapore banks ‘ploughing ahead’, with 2QFY2023 results beating CLSA’s conservative estimates
Singapore’s banks are “ploughing ahead”, admit CLSA analysts Neel Sinha and Lin Daxin, as the trio’s results for 2QFY2023 ended June beat their estimates by 5%-17%. Among them, DBS D05 -0.17% was the ...
Millionero Seizes Best Emerging Crypto Exchange Accolade at World Blockchain Summit 2023 Singapore
Singapore's vibrant cityscape played host to the World Blockchain Summit 2023, a global fulcrum for blockchain innovation, spotlighting the dynamic evolution of the decentralized economy. In this ...
City Developments Profit Drops Despite Jump in Property Business
City Developments Ltd., run by Singapore’s richest real estate empire, posted a 94% drop in its first-half profit, as the absence of divestment gains booked a year earlier masked strong results in the ...
One-stop marine service provider RMS Singapore makes voyages simpler and safer
A trailblazer in the maritime sector, the company has become the go-to hub for vessels running and docking in Southeast Asia ...
Top 10 takeaways from the KPMG Asia Pacific Tax and Legal Summit
The days of tax being just a private compliance issue for tax teams are long gone; tax transparency is now a core pillar of sustainability, say Jenny Wong of KPMG Australia and Loek Helderman of KPMG ...
Downpayment for condo: How much do first-timers need in Singapore?
"Buying a house in Singapore is easy!" …said no one ever. The path to home ownership in Singapore is often a difficult, convoluted and arduous task. It's one that was made even harder with the advent ...
Investors from Mauritius, Singapore, Cyprus under Taxman’s lens for CCD gains
Foreign investors from Mauritius, Cyprus and Singapore have been on the receiving end of a number of notices for gains from investment in fully or compulsorily convertible debentures (CCDs) issued by ...