Singapore

Asia is home to some of the most mature and dynamic financial markets in the world, and also to some of the most diverse approaches to regulating crypto assets. In this article, we will explore how three of the region’s leading financial centers – Hong Kong, Singapore, and Japan – are shaping their crypto policies and what implications they have …

Singapore and Indonesia are facing a surge in Covid-19 cases, prompting some experts and officials to call for the return of masks, airport scanners and other preventive measures. Singapore reported 1,650 new infections on Wednesday, the highest daily tally since the pandemic began. The city state has been easing restrictions since October, when it shifted to a strategy of living …

Singapore police have warned the public about a resurgence of rental scams involving fake property agents who ask for deposits to secure appointments for viewing properties. According to the police, at least 287 victims have fallen prey to such scams between July and November 2023, with total losses amounting to over US$1 million. The scammers would post fake property listings …

Singapore’s education minister Ong Ye Kung has revealed that the country is reducing the amount of homework given to students, as part of a new curriculum that aims to foster creativity, curiosity, and collaboration. In an interview with El País, Ong said that homework is no longer a measure of academic achievement, but rather a tool to reinforce learning and …

Singapore and China have agreed to set up a 30-day mutual visa-free travel arrangement, as part of their efforts to enhance people-to-people exchanges and cooperation in the post-pandemic era. The agreement was announced on Thursday (Dec 7) during the 19th Joint Council for Bilateral Cooperation (JCBC) meeting – the highest-level annual bilateral forum between the two countries. Deputy Prime Minister …

Singapore has announced its national strategy on artificial intelligence (AI) for the next decade, aiming to become a leader in developing and deploying scalable, impactful AI solutions in key sectors of high value and relevance to its citizens and businesses. The National AI Strategy, unveiled by Deputy Prime Minister Heng Swee Keat at the Singapore FinTech Festival and Singapore Week …

In an unexpected twist, a Singapore court has dealt a substantial setback to Binance, the prominent cryptocurrency exchange platform, by declining to pause a class action initiated by more than 3,000 users. These users allege that Binance, in March 2020, erroneously halted their accounts and clandestinely shifted their digital assets – collectively valued at over US$100 million – to an …

In a surprising shift, Singapore and Zurich have outpaced New York as the world’s most expensive cities to inhabit, according to the latest Economist Intelligence Unit (EIU) report. The comprehensive survey, comparing prices across 133 global cities, unfolded a 7% surge in living costs for Singapore and a 6% uptick for Zurich in 2023. In contrast, New York witnessed a …

In the wake of the October 7 Hamas attacks on Israel and the subsequent Israeli retaliatory strikes, Singapore finds itself entangled in a web of heightened tensions and anti-Singapore sentiment across the region. Law and Home Affairs Minister K Shanmugam shed light on the concerning developments during the annual Ministry of Home Affairs National Day Awards investiture on Monday, urging …

In the ever-shifting tapestry of Singapore’s rental scene, an intriguing trend quietly emerges, adding a unique hue to the dance between landlords and tenants. It’s the growing penchant for tenants who opt out of working from home (WFH). This nuanced trend is notably perceptible in single-room rentals, where landlords, aiming for simplicity in utility bill management and safeguarding privacy, express …