Prime Minister Lee has called for prudent use of Singapore's reserves as it is unlikely to reap the same scale of savings and investment returns as in the past He said that Singapore should continue ...
‘Biggest misconception’ to think that Singapore will always have enough reserves, says PM Lee
With spending needs outpacing revenue growth, Prime Minister Lee Hsien Loong says in an exclusive CNA interview that he's "anxious" to continue building the reserves.
3 soft skills that are most wanted in Singapore
The top three most in-demand core skills – or soft skills – in the Singapore workforce are "self-management", "influence" and "creative thinking", according to a study conducted by the Institute for ...
Singapore’s Monetary Authority Sets Stablecoin Standards For Trustworthy Digital Payment Tokens
The Monetary Authority of Singapore (MAS) Tuesday announced its regulatory framework for stablecoins, aiming to ensure their value stability. This move comes after MAS took into account the feedback from a public consultation held in October 2022.
Is the Singapore Trustees Act Perpetually Unfit for Purpose?
However! The Singapore Trustee Act does not allow for the use of Purpose Trusts. So not only is the HNW family not in a position to use Singapore Trust law for multi-generational planning due to the ...
Singapore’s MAS Finalizes Framework for Stablecoin Regulation
The move comes after months of collecting feedback on the new framework and proposed to tighten crypto regulations in October 2022. The Central Bank of Singapore released a new regulatory framework for stablecoins on Tuesday after collecting feedback from ...
Company and its director fined $7,500 each for illegally importing over 810kg of meat, seafood products
A food importer was fined $7,500 for illegally importing meat, seafood and processed food for sale, the Singapore Food Agency (SFA) said in a statement. Read more at stomp.straitstimes.com ...
Lucasfilm shutters its Singapore studio after nearly 2 decades in the country amid Disney’s plan to save $5.5 billion this year
The winding down "is in response to changes in the industry and business conditions," a Singapore government unit said in a statement.
Singapore among world’s first to agree stablecoin crypto regulation
The stablecoin market is valued at around $125 billion with two tokens — Tether's USDT and Circle's USDC — dominating with around 90% share.
Crypto payments firm Triple A resumes payout services after temporary suspension
Payout services by Triple A are being restored in phases following a temporary suspension over the weekend, the crypto payments firm said. Read more at straitstimes.com.
Singapore Says It Will Hold Presidential Election on September 1
Singapore will hold a presidential election on September 1 – assuming more than one candidate is nominated to run for the post – after Prime Minister Lee Hsien Loong issued a writ of election on ...
Food importer and director fined $7,500 each over illegal import of over 800kg of food products
SINGAPORE - Food importer Siribun and its director were each fined $7,500 in relation to the illegal import of over 800kg of meat, seafood, and processed food, according to a joint statement by the ...
Straco Corp swings into black in H1 on China reopening, higher Singapore Flyer revenue
STRACO Corporation, which operates tourism facilities such as the Shanghai Ocean Aquarium and the Singapore Flyer, reported a net profit of S$6.4 million for the half year ended June 2023. Read more ...
Singapore must be alert to China and US stepping up their ‘battle of narratives’: ex-diplomats
Chan Heng Chee, Singapore's ambassador-at-large, said the city state's government is constantly vigilant against agents of influence of all countries Her comments come after a recent Washington Post ...
Singapore Flags ‘Structural Decline’ Without Migrant Workers
Singapore’s declining birth rate and its aging population require a sustained yet well calibrated influx of migrant workers, according to Deputy Prime Minister Lawrence Wong.
Grab’s Trans-cab acquisition: Singapore competition watchdog invites public feedback
CCCS is seeking public views to decide whether Grab's acquisition of Trans-cab can be finalised. Read the proposed details here.