FOLLOWING a relatively strong 2022, the current year has not been a great one for the Straits Times Index (STI) so far. Read more at The Business Times.
Supermarket showdown: Expat reveals vast grocery price differences between Singapore and Switzerland
According to a report by ECA, a human capital firm, Singapore is the fifth most expensive city in the world for expats. From rising rental costs to inflation, even expats find the prices in the little ...
Cryptocurrency crackdown: 5 ways on how US’ war on crypto could impact S’pore and SEA
With the SEC cracking down on companies such as Binance and Coinbase, here's how regulations in the US could soon impact crypto regionally.
South Korea OKs Its First Crypto Bill Targeting Unfair Trading, Bolstering Investor Protection
South Korea has passed its first cryptocurrency bill that will advance the country's bid to protect investors in digital assets. Lawmakers have been discussing crypto-related protections in recent years,
Singapore Forces Crypto Exchanges to Move Customer Funds to A Trust
Last month, Singapore approved a payments institution license for Ripple, permitting the firm to extend crypto tokens and services. Since 2020, the company has been engaged in a protracted legal ...
Authorities Confirm New Rules For Singaporean Crypto Firms To Follow, Reduce Risk
The Monetary Authority of Singapore (MAS) has announced new requirements for Digital Payment Token (DPT) service providers to safe keep customer assets under a statutory trust by the end of the year.
91 more Singapore-based companies allegedly sending supplies to Myanmar military
While investigations are ongoing, Singapore has no intention of blocking "legitimate trade" with Myanmar, says Foreign Affairs Minister Vivian Balakrishnan.
Singapore’s DBS faces succession dilemma: who can replace ‘all-star’ banker Piyush Gupta?
Piyush Gupta has built DBS into Singapore’s largest listed company, and Southeast Asia’s largest bank by assets. That very success is creating an elephant in the room.
Indonesian LNG makes up less than 1% of Singapore’s natural gas imports: MTI
LIQUEFIED natural gas (LNG) from Indonesia made up less than 1 per cent of Singapore’s annual natural gas imports on average between 2020 and 2022, Minister for Trade and Industry Gan Kim Yong said in ...
Singapore Regulator Bans Crypto Exchanges from Lending, Staking for Retail Investors
Singapore is enforcing new crypto consumer protection measures as the city-state continues applying regulation to its burgeoning crypto industry, according to a report by Bloomberg. Chief among the ...
Singapore to have new measures to ringfence customers’ crypto assets: MAS
Digital asset firms licensed in Singapore not only have to segregate customers’ assets from their own, but hold them in a trust, the regulator said, following a public consultation on proposed rules ...
Singapore home to more than half of Asia’s family offices: Report
Some 9 per cent of the world’s family offices are located in Asia, of which 59 per cent are in Singapore, said the report. Read more at straitstimes.com.
Singapore electricity tariffs to increase by 1.2% from July to September 2023
SINGAPORE — Consumers are set to pay more for electricity bills for the period of 1 July to 30 September 2023 as electricity tariffs are set to increase by an average of 1.2 per cent, or 0.31 cent per ...
Higher electricity bills from July to September as Singapore increases tariff by 1.2%
Consumers in Singapore will pay more for electricity in the July-September quarter, with the tariff increasing by an average of 1.2 per cent from the previous quarter.
Cost Guide to Starting Your Own Business in Singapore
Entrepreneurship in Singapore can be costly and complex. Here’s a guide on how to be an entrepreneur and how much is required to start ...
Singapore exports rocket, trade deficit turns surplus
Cambodian goods exports to Singapore reached $343.413 million in the first five months of 2023, up 508.3 per cent year-on-year from $56.451 million and up 1,313 per cent half-on-half from $24.31 ...