The discussion on this matter in parliament also saw Workers' Party MP Kenneth Tiong apologising after saying National Development Minister Chee Hong Tat had asked a "stupid question".
Singapore cuts tax breaks for two family offices linked to Prince Group
Singapore has revoked the tax incentives of two single family offices linked to the US-sanctioned Prince Group, a multinational network accused of being one of Asia’s largest crime syndicates. The ...
Singapore’s integrated resort revival a model for Asia, but Korea lags far behind
Singapore is reaping the rewards of its bold bet on integrated resorts, transforming into a global hub for business, tourism and investment, while Korea remains stalled by regulatory gridlock despite ...
Singapore shares slide amid tech bubble jitters; STI down 0.1%
Singtel was the index’s biggest gainer, while Yangzijiang Shipbuilding fell the most Read more at The Business Times.
Crypto hit by bitcoin whales dumping US$45b in bets
The original cryptocurrency fell as much as 7.4% to dip below the US$100,000 mark for the first time since June.
APEC gathering opens door for expansion of Korean food exports: minister
Last week's Asia-Pacific Economic Cooperation (APEC) gathering in South Korea served as an opportunity to further boost the country's exports of various agro-livestock products, such as beef and pork, ...
Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date
Average daily turnover for these stocks hits S$165 million from Jun 30 to Nov 4 Read more at The Business Times.
Singapore rejects 3% of 1,300 family office applications in past 3 years, minister says
Singapore has blocked 3% out of 1,300 applications filed in the past three years to set up tax-exempt wealth management vehicles for rich families, an official said on Wednesday, responding to ...
Crypto’s retail era rattled with ETFs facing US$89,600 pain point
After billions poured into the easy-to-access exchange-traded funds this year, helping push bitcoin to a record high, the token is suddenly down more than 20% from its recent peak. While most ETF ...
Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project
Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore Read more at The Business Times.
Crypto’s retail era rattled with ETFs facing $89,600 pain point
Average cost basis for US Bitcoin ETFs is $89,613 (11% below current price), marking breakeven point. Recent drop aligns with April technical zone where BTC reversed off 2025 low amid prolonged sellin ...
Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun
[SINGAPORE] The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director Chia Der Jiun. The Singdollar lacks important ...
Singapore receives interest from Malaysian firms to export renewable energy through second interconnector
For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial Read more at The Business Times.
BDO quit role supporting Singapore family office linked to scam empire
Two employees resigned as company secretaries to group accused of being part of international fraud last month ...
Singapore Gulf Bank Partners With Fireblocks for Digital Asset Infrastructure
Singapore Gulf Bank (SGB), a licensed digital wholesale bank regulated by the Central Bank of Bahrain, announced it has partnered with Fireblocks to support its digital asset infrastructure for ...
Singapore aims for workplace fairness law to kick in end-2027, from previous estimate of ‘2026 to 2027’
The government will step up education and outreach efforts in the meantime, said Manpower Minister Tan See Leng Read more at The Business Times.