Category: Singapore
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Hong Kong And Singapore Compete For The Top Spot
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With Bitcoin’s global markets again, Hong Kong and Singapore, who are from Asia Malian giants, compete to become The highest encrypted currency destinations. Both cities explore the organizational changes and rules that are friendly to investing in an attempt to attract digital asset companies and put themselves at the forefront…
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Singapore Takes the Lead Over Hong Kong in Asia’s Crypto Hub Race – Here’s Why
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Bloomberg latest a report It revealed that in 2024, Singapore has managed to establish itself as a leading digital asset hub in Asia, overtaking Hong Kong in “regulatory efficiency and attractiveness” for cryptocurrency companies. In particular, the city-state has issued 13 cryptocurrency licenses this year, more than double the number…
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3AC Founder’s Wife Cashes Out With $38.5 Million Singapore Mansion Sale
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The wife of one of the founders of now-defunct Three Arrows Capital, or 3AC, has sold one of their luxury mansions in Singapore, a report has revealed. Selling real estate despite freezing assets Reports have revealed that 3AC co-founder Zhu Su’s wife, Tao Yaqiong, has successfully sold a property for…
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3AC Founder’s Wife Cashes Out With $38.5 Million Singapore Mansion Sale
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The wife of one of the founders of now-defunct Three Arrows Capital, or 3AC, has sold one of their luxury mansions in Singapore, a report has revealed. Selling real estate despite freezing assets Reports have revealed that 3AC co-founder Zhu Su’s wife, Tao Yaqiong, has successfully sold a property for…
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Singapore Grants Gemini Crypto Expansion Wish
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US cryptocurrency exchange is set to go on Entering the Singaporean market It also strengthened its presence in Asia. Singaporean regulatory authorities have given the go-ahead for cryptocurrency platform Gemini to offer its services to its clients in the Southeast Asian country. A new option for exchanging cryptocurrencies A new…
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Singapore opens its first ministerial graft trial in nearly half a century
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Breadcrumbs Path Links BMW PMN Business Article author: Published on September 23, 2024 • Read for 2 minutes You can save this article by registering for free here. Or log in if you have an account. File – Singapore’s Second Minister for Home Affairs and Trade and Industry S. Iswaran…
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TOKEN2049 Singapore main highlights
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TOKEN2049 in Singapore has come to a close. Here are three highlights from one of the most anticipated crypto conferences of the year. TOKEN2049, one of the largest conferences in the industry, was held from September 18 to 19 in Singapore. The conference brought together prominent figures in the cryptocurrency…
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Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity
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The risks of money laundering and other related crimes have prompted Singaporean authorities to ban the use of cryptocurrencies for gambling. Singapore Parliament The US Senate has passed amendments to the Casino Control Act, which aim to strengthen the effectiveness of the country’s casino regulatory system and its safeguards for…
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Australia approves project connecting Singapore to Australian solar farm via undersea cable
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Singapore is a small island nation that lacks natural resources and relies on imports for almost everything, including water and energy. About 2,600 miles away is Australia, rich in natural resources and open spaces. Now, a billionaire tech founder wants to use some of Australia’s unused land to give Singapore…
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Payoneer acquires Singapore payroll co Skuad
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Israeli fintech company Payoneer Global (Nasdaq: PAYO) has announced the acquisition of Singapore-based global workforce management and payroll company Skuad. Payoneer says the acquisition accelerates its strategy to offer a comprehensive and integrated suite of financial services to small and medium-sized businesses operating internationally. Payoneer will pay $61 million in…
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Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease
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Written by Roshni Nair (Reuters) – Investors have become bullish on the Singapore dollar for the first time since mid-December as growth and inflation dynamics in the city-state continue to support the local currency, while bearish bets on most Asian currencies have eased, a Reuters poll showed on Thursday. Long…
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Grab’s deal to buy Trans-cab could reduce competition, Singapore regulator says By Reuters
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(Reuters) – Singapore’s competition watchdog has asked car rental firm Grab and Transcab to submit solutions to address competition concerns after last year’s deal to buy the taxi firm. Grab is one of the city-state’s largest ride-hailing companies, with the deal for Transcab reportedly worth around S$100 million (US$74 million).…
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Turkey’s Simsek to speak at FATF watchdog meeting in Singapore, state media says By Reuters
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ISTANBUL (Reuters) – Turkish Finance Minister Mehmet Simsek will deliver a speech at a Financial Action Task Force meeting in Singapore, Turkish state media said on Thursday, ahead of a decision by the international crime watchdog to remove Turkey from the “grey list.” The decision to remove Turkey from this…
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PropNex CEO ‘very excited’ about 2025 Singapore real estate market
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Singapore’s housing market, which was hot just a few years ago, is cooling down. Private sector real estate prices Hop it 6.8% in 2023, slower than the 8.6% recorded in the previous year. Resale prices for the city’s world-class public housing are also moderate, Just jump 4.8% in 2023, compared…
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HyperCycle Hands Out NFC-Powered Wearable HyperRings at Super AI In Singapore
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Blockchain-based AI infrastructure startup HyperCycle.ai It is making its mark in the wearables market by launching the new HyperRing. It is a strikingly beautiful, battery-free device that uses NFC technology to enable crypto payments and securely store user data in a decentralized manner. the first Excessive rings It was distributed…
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Singapore wins $7.8B chip plant from TSMC-backed company and NXP
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The small city of Singapore in Southeast Asia continues to attract billions of dollars in semiconductor investment, competing with larger economies trying to carve out their own share of the crucial chip supply chain. Vanguard International Semiconductor, a chip manufacturer backed by Taiwan Semiconductor Manufacturing Company, We will cooperate With…
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B2C2 Strengthens Asia-Pacific Presence with New Singapore Office
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B2C2, a cryptocurrency market maker owned by Japan’s SBI Holdings, has opened a new office in Singapore and will apply for a Master Payment Institution (MPI) license in the city-state. The move, announced today (Monday), comes as the company prepares to strengthen its presence in the Asia-Pacific region, describing it…
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Singapore Air tweaks seatbelt sign policy, alters route after turbulence incident By Reuters
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SEOUL (Reuters) – Singapore Airlines (OTC:) has revised its seat belt policies on board and rerouted at least one flight after a turbulence incident this week left one person dead and dozens hospitalized, according to the airline and flight data. The airline said in a statement to Singaporean broadcaster News…
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Singapore Airlines flight hits severe turbulence, one passenger dead, dozens injured By Reuters
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Written by Chayut Situboonsarng and Pano Wongcha Om BANGKOK (Reuters) – One passenger died of a suspected heart attack and 30 others were injured after a Singapore Airlines plane ran into severe turbulence on Tuesday, flinging passengers and crew around the cabin and forcing the plane to land in Bangkok.…
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Singapore Non-oil Domestic Exports (NODX) April 2024: +7.6% m/m vs. +7.9% expected
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Singapore’s non-oil domestic exports (NODX) for April 2024 -9.3% YoY vs. -10% expected and -20.8% in March +7.6% m/m vs. +7.9% expected and -8.4% in March A noticeable decline in exports of non-electronic products, primarily medicines. SGD update, strengthened since March NODX data was released in the middle of last…