City Singapore Financial News
13.03 / 05:47
Provident
Digital
President
Bitcoin
country
blues
Crypto exchange OKX receives in-principle approval for Singapore payments licence
Cryptocurrency exchange OKX's Singapore subsidiary has received in-principle approval for a payments licence to operate in the city-state, the firm said on Wednesday. The approval, granted by the Monetary Authority of Singapore, will allow OKX to provide digital payment token and cross-border money transfer services in Singapore, which has emerged as a centre for crypto in Asia in recent years.
13.03 / 05:41
Digital
OKX
Crypto Exchange OKX Granted In-Principle Approval to Offer Services in Singapore
Crypto exchange OKX said Wednesday that it received in-principle approval for a digital asset license from Singapore’s central bank. This marks a significant step towards achieving full regulatory compliance in the country.
10.03 / 19:13
09.03 / 07:05
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War
reports
Attack by Yemen's Houthi rebels sees explosions ahead of Singapore-flagged ship in the Gulf of Aden
Yemen's Houthi rebels on Friday set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities said. The attack targeted the bulk carrier Propel Fortune, which continued on its way, according to the United States military's Central Command. «The missiles did not impact the vessel,» Central Command said. «There were no injuries or damages reported.» The Houthis did not immediately claim responsibility for the attack. A statement from Houthi military spokesperson Brig. Gen. Yahya Saree was delayed on Friday night over «urgent military developments in the theatre of military operations», according to the rebel-controlled SABA news agency. He was scheduled to speak on Saturday.
06.03 / 20:13
Blockchain
Provident
Digital
security
trends
stake
Japan’s Daiwa Capitalizes on Crypto Boom, Secures 10% Stake in Singaporean Startup
Japan’s Daiwa Securities has decided to acquire a 10% ownership stake in Singapore-based crypto startup Penguin.
06.03 / 15:39
markets
Provident
Target
Platform
Action
Food
Trade
stake
Bulk Deals: China's Antfin sells over 2% stake in Zomato for ₹160.40 per share
Zomato through bulk deals on Wednesday, March 6, according to data available on BSE. Antfin offloaded a total of 176.4 million shares of the company within the price range of ₹160.11 to ₹160.40 per share. The Chinese company held a 6.32% stake in the quick commerce services provider, as of December 2023.
06.03 / 10:25
Adoption
BitStamp
Bitstamp Secures In-Principle Approval for Digital Asset Services License in Singapore
European cryptocurrency exchange Bitstamp has received in-principle approval for its license application to offer digital asset services in Singapore.
06.03 / 02:55
05.03 / 11:31
Cooper
Action
Experts
fantom
Courts
Updates
Fantom Plans Multichain Liquidation to Help Recover Millions Lost in Exploit
Fantom Foundation, the team that builds Fantom Network, has received a favorable judgement from the High Court of Singapore in its legal action against the cross-chain protocol Multichain.
05.03 / 08:11
markets
Digital
cover
Schools
Relationships
Standard Chartered appoints Sanjay Gurjar as Co-Head, Client Coverage – CCIB, India & South Asia
Standard Chartered Bank, India has appointed Sanjay Gurjar the Co-Head, Client Coverage — Corporate, Commercial and Institutional Banking (CCIB) for India and South Asia, the company said in a statement on Tuesday. Gurjar’s remit will cover Local Corporates & Middle Markets in India, Bangladesh, Sri Lanka & Nepal. Prior to this assignment, Gurjar was the Managing Director & Head, Banks & Broker Dealers (BBD), ASEAN & Head Financial Institutions (FI), Singapore.
04.03 / 16:09
Career
Instagram
love
Olympics
International
Sporting
badminton
Indian shuttler B Sai Praneeth retires from international badminton
B Sai Praneeth on Monday announced his retirement from international badminton, bringing down curtains on a successful career during which he won the Singapore Open and also represented India at the Tokyo Olympics. The 31-year-old from Hyderabad decided to hang his boost after battling nagging injuries since the Tokyo Games. «With a mix of emotions, I pen down these words to bid farewell and announce my retirement from the sport that has been my lifeblood for over 24 years,» he posted on his Instagram account. «Today, as I embark on a new chapter, I find myself overwhelmed with gratitude for the journey that brought me here.
04.03 / 09:47
Reuters
WhatsApp
pandemic
country
2020
Singapore to raise salary criteria for foreign workers in bid for high-quality talent
Singapore is set to raise the salary criteria for foreign executives and professionals that companies can hire starting next year, the government announced on Monday. Starting in January of next year, foreigners seeking employment passes, typically reserved for well-paid professionals, will need to earn at least S$5,600 ($4,170) per month, an increase from the current requirement of S$5,000. Those in the financial sector will have the qualifying salary hiked to S$6,200 from S$5,500.
04.03 / 04:03
04.03 / 00:39
show
performer
reports
Schools
International
Flipkart Internet receives $111 million in new fund infusion
Flipkart Internet, the marketplace arm of Walmart-owned ecommerce firm Flipkart, received a cash infusion of about Rs 924 crore ($111 million) in two parts from its related entities based in Singapore in January, regulatory filings with the Registrar of Companies (ROC) showed. Flipkart has a number of units in India that run a variety of businesses like logistics and the ecommerce marketplace. The fresh capital came from the firm’s related Singapore-based entities on January 8 this year. Two resolutions to infuse capital into the firm were approved on December 20 and December 22 last year, the documents showed.
03.03 / 21:03
Target
WhatsApp
Food
country
electronic
MP industry conclave attracts investment proposals worth Rs 1 lakh crore
Madhya Pradesh, on March 1-2 attracted investment proposals of over ?1 lakh crore, with domestic conglomerate Adani, multinational company Pepsi and Singapore's electronic group Samcom participating in the event. Among the major investors, Adani has promised Rs 75,000 crore of investment, Pepsi has proposed Rs 1,250 crore investment in Vikram Udyogpuri of Ujjain, LTI Mindtree has inked an memorandum of understanding to invest Rs 500 crore and Singapore's Samcom expressed interest in wind and solar energy projects. The event attended by Madhya Pradesh chief minister Mohan Yadav witnessed participation from delegates from developed countries like the US and UK, African nations and Asian countries.
03.03 / 14:32
band
performer
concert
pop
rapper
stars
Videos
Blackpink’ Lisa is a Swiftie! Video of rapper attending ‘Eras Tour’ in Singapore, goes viral
Blackpink’s Lisa is a huge fan of pop diva Taylor Swift! The ‘Money’ hitmaker was seen having a gala time on the second day of Swift’s ‘Eras Tour’. This is the second concert, the singer-rapper has attended. Earlier, she was also seen cheering at a concert of the iconic second-generation K-Pop group Shinee, which took place at Singapore. Taking to X (formerly Twitter), a fan shared a video clip of her attending Swift’s live concert and wrote, “Lisa spotted at the ‘Eras’ tour in Singapore! The clip gained more than 12.8K views and 1,000 likes. Many fans gushed over her sartorial choices — a figure-hugging black ensemble. “Her outfit… omg please!” gushed a fan. “Okay, everyone wakeup, Lisa is here!” commented another.
02.03 / 06:33
security
Bill
President
reports
travelers
Department
International
US says it takes seriously reports of misbehavior by its envoy to Singapore
WASHINGTON (Reuters) — The White House on Friday said the U.S. government was taking seriously an internal watchdog report that the U.S. ambassador to Singapore threatened his staff and failed to submit about $48,000 in travel expenses on time or with proper documentation.
02.03 / 06:27
markets
Target
show
performer
Department
Good response to road shows, ahead of likely GIC Re OFS
The government kick-started the process for additional stake sale in General Insurance Corporation (GIC Re), with roadshows in key global financial hubs including New York, Singapore, Hong Kong, Dubai and London.
01.03 / 17:21
Crypto Exchange
licence
Hong Kong’s Crypto License Scheme Sees 24 Applicants, Far Fewer Than Singapore’s 70
The deadline for virtual asset trading platform (VATP) crypto license applications in Hong Kong has passed , with the number of applicants reaching 24, a significantly lower figure than the 70 applicants seen in a similar scheme in Singapore.
29.02 / 13:56
28.02 / 08:21
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