Lim Kok Thay reacts during a Bloomberg Television interview in Singapore on December 14, 2018. Nicky Loh/Bloomberg Genting Singapore—controlled by Malaysian billionaire Lim Kok Thay—is investing S$400...
Tag: Singapore
Singapore currently has no plans to regulate NFTs
advertisement On Tuesday, Tharman Shanmugaratnam, senior minister and minister in charge of the Monetary Authority Singapore (MAS) said that there were no plans to regulate NFTs. As reported by Fintec...
Singapore Crypto Exchange Bybit Jumps Out Front With Formula One Red Bull Racing Partnership
Bybit will join hands with Red Bull Racing to launch fan tokens of the racing team. Bybit Bybit, a Singapore-based cryptocurrency exchange, has signed a multi-year partnership deal with Red Bull Racin...
USD/SGD forms a descending triangle after Singapore GDP data
The Singapore dollar continued strengthening against the US dollar after the latest GDP and trade numbers. USD/SGD is trading at 1.3430, which is about 2.3% below the highest level in December last ye...
Fintech Firm Wise Plans to Add Up to 150 Jobs in Its Singapore Office
Wise, a popular British fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial service...
Singapore to waive quarantine for all vaccinated travelers post-omicron
The transit hall of Changi International Airport in Singapore on Jan. 12, 2022. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore intends to allow vaccinated visitors from all countries to skip...
TE Capital, LaSalle Team Up To Buy Singapore’s PIL Building For $240 Million
A general view shows the Singapore skyline behind the Merlion park on May 15, 2020. Demand for … [+] office space in the city-state is increasing as the government positions the lion city as a t...
Hyundai Scion’s Buyout Firm Invests $140.5 Million In Four Singapore Healthcare, Pharma Companies
Chung Kyungsun, founder of Sylvan Capital Management, at the company’s office in Singapore, on … [+] September 1, 2021. Bryan van der Beek/Bloomberg Sylvan Group—the private equity firm co...
Bitcoin, Singapore FX, Binance, XRP: Editor’s Pick
.With February in full swing, let’s take a look back at the biggest news stories from the worlds of Forex, Fintech and Crypto, in our best of the week segment. UK’s Fintech Sector Attracts $37.3...
Chinese Broker Futu Gets Singapore Trading Approval
Futu Holdings Limited, a popular online brokerage and wealth management platform based in China, has announced that its Singapore subsidiary, Futu Singapore Pte. Ltd., has obtained approvals-in-princi...
Why Singapore is one of the most crypto-friendly countries
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments a...
Singapore Fintech TranSwap Gains EMI License in the UK
The Singapore-based fintech, TranSwap has received authorization from the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). This will allow the company to provide payments se...
Despite Stringent Crypto Regulation, Crypto Investments In Singapore Jumped 13x In 2021
In 2021, investments in Singapore’s fintech sector increased by 47% year on year to $3.94 billion. Nearly half of the funds were raised through blockchain and cryptocurrency, with $1.48 billion raised...
Forex Traders from Singapore Spend More than $1,743 on Their First Deposit
Continuing our series of analyses in which we look at the retail Forex (FX) and contracts for difference (CFD) industries in individual countries, this time we visit the Asian continent, taking a look...
Franklin Templeton and F10 to Launch Fintech Incubator in Singapore
One of the world’s biggest independent asset management firms, Franklin Templeton announced a partnership with F10, a prominent startup Startup A company operating within its first stage of invest...
Singapore records 13x increase in crypto firms
TL; DR Breakdown Singapore sees a 13x surge in crypto investments The country is encouraging small startups Regulators are clamping down on the crypto sector Crypto and firms in the sector have contin...
Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021
The financial technology (fintech) sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at $1.48 billion, accordin...
Billionaire Wee Cho Yaw’s UOB Rises To Record High Amid Optimism Over `Game-Changing’ Citibank Deal
Wee Ee Cheong, chief executive officer of United Overseas Bank (UOB), attends a news conference in … [+] Singapore, on February 22, 2019. Ore Huiying/Bloomberg Shares of United Overseas Bank—con...
Intraco Agrees to Buy 51% of Digital Asset Platform MHC Singapore
Singapore-listed Intraco (SGX: I06), a trading company, is going to acquire a 51 percent stake in digital asset platform MHC Singapore for a total consideration of around SG$47.2 million, according to...
Net Profit of Singapore Exchange Reaches S$222 Million in H1 FY2022
Singapore Exchange (SGX) today reported its financial numbers for the first half of the fiscal year 2022 (H1 FY2022). For the reported period, the exchange saw a net profit of S$222 million. Total rev...
Blockchain Fest 2022: The Tradition of Crypto Community Takes Singapore
Place/Date: Singapore – January 31st, 2022 at 8:08 pm UTC · 3 min read Contact: Laura Mirnaya, Source: Blockchain Fest 2022 Blockchain Fest 2022 is no doubt becoming a good crypto tradition with...
Singapore Pharma Company Pushing Blockchain Tech to Fight Spread of Counterfeit Medicine
Zuellig Pharma is a Singapore-based healthcare services firm that recently developed a medicine tracking app that uses blockchain technology. eZTracker is one of the best use cases of blockchain techn...
Singapore firm uses blockchain to battle counterfeit COVID-19 jabs
Singaporean healthcare services provider Zuellig Pharma is using a blockchain-based network to track COVID-19 vaccinations to prevent practitioners from administering expired vaccines. Zuellig Pharma ...
Singapore To Restrict Highly Risky Crypto Investment Marketing
Singapore, one of the world’s most progressive financial cities and home to many crypto investment companies, is cracking down on advertisements for digital asset services within its borders. The Mone...
Tycoon Charoen Sirivadhanabhakdi’s Frasers Logistics To Sell Singapore Office Tower For $603 Million
BANGKOK, THAILAND – 2016/08/08: Charoen Sirivadhanabhakdi, Thailand’s third richest entrepreneur, … [+] chairman of Thai Beverage posed for photograph with his daughter Wallapa Siriv...
Singapore says it’s ready for 2022 travel demand when it returns
There are “encouraging signs of recovery” in Singapore’s tourism sector, according to the Singapore Tourism Board. Visitor arrivals reached 330,000 and tourism receipts reached an es...
Singapore HR Software Startup Achieves Unicorn Status With $72 Million Funding
Darwinbox’s cloud-based human resources management software uses AI and machine learning to automate … [+] payroll, recruitment, travel and expense, and employee onboarding. getty Darwinbox, an ...
Singapore Looks to Place a Limit on Crypto Advertising
Singapore is telling all crypto companies within its borders to cease advertising their products and services to members of the public. This rule also applies to any banks or traditional institutions ...