Enterprise Singapore (EnterpriseSG) on Tuesday (Nov 14) launched its San Francisco Overseas Centre to facilitate Singapore companies’ entry into the United States and boost trade and investment ...
Study: How Singapore’s unicorn landscape cultivates its business-friendly image
A recent study has found that the enterprise tech sector dominates the unicorn landscape globally, with Singapore accounting for 2% of the total unicorn valuation.
Egg importer fined $7,500 for failing to get imports inspected by SFA
The firm failed to arrange for SFA’s inspection, examination, and certification of six hen egg consignments. Read more at straitstimes.com.
Singapore Unveils Latest Relief Package to Ease Cost of Living
Singapore's government unveiled its latest support package to provide more relief for households as well as businesses.
Paxos secures preliminary license for crypto services in Singapore
Paxos, the blockchain infrastructure firm, has obtained a preliminary license from the Monetary Authority of Singapore (MAS).
Singapore vies with Asian peers for slice of US$127bil stablecoin sector
SINGAPORE (Bloomberg): Singapore awarded a batch of in-principle license approvals to stablecoin issuers, intensifying the competition among Asian financial hubs for a slice of a key crypto segment ...
Paxos to Issue New US Dollar-Backed Stablecoin in Singapore
American stablecoin issuer, Paxos has received the preliminary license that will make it float a new Dollar-backed stablecoin in Singapore.
Singapore’s middle distillates stocks near 10.5 mln bbls as gasoil net exports slip
SINGAPORE, Nov 16 (Reuters) - Singapore’s middle distillates inventories climbed 4.8% week-on-week to almost 10.5 million barrels as net exports of gasoil extended declines for a fourth straight week, ...
Man laundered about S$450,000 in scam proceeds through Singapore to China, gets jail
The 40-year-old also ran an illegal remittance business, sending about S$2.9 million to bank accounts in China.
Singapore’s Economic Growth Improves In Q3 2023
Singapore's economic growth in 2023 has slowed compared to 2022, with contracting manufacturing output and exports being a key factor. The service sector is expected to be more resilient ...
Crypto platform Paxos gets in-principle approval to issue stablecoins in Singapore
CRYPTO platform Paxos has received in-principle approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services under its Singapore entity, the company said on Thursday ...
Singapore’s monetary authority collaborates with international banks to launch tokenization initiative
The Monetary Authority of Singapore (MAS) has announced Project Guardian, a large-scale asset tokenization initiative. This new project, involving 17 key ...
Singapore introduces five new pilots to test asset tokenization
In addition to the five pilots, MAS launched Global Layer One (GL1) to explore the design of an open, digital infrastructure that will host tokenized financial assets and applications.
Owner of Hong Kong crypto exchange OSL gets US$91 million from firm linked to Bitget, which is exiting the market
BGX is taking a 30 per cent stake in BC Technology to become the largest shareholder of the owner of one of two licensed Hong Kong crypto exchanges.
Fast-growing Johor eyes Singapore power trade, electric vehicle opportunities in green economy drive
Malaysia’s southernmost state is exploring clean power exports and boosting EV infrastructure development via a proposed special economic zone with Singapore. Johor's green economy plan will also look ...
Could unproven claims about Lee Kuan Yew hurt Malaysia-Singapore trade? Jelutong MP asks in Parliament
Jelutong MP RSN Rayer today raised concerns that bilateral trade with Singapore might be damaged as a result of unproven allegations made by another Malaysian MP in the Dewan Rakyat about the republic ...