Buisness in Singapore

OCBC Bank tightens rules for international clients Singapore has been named the most business-friendly city in ASEAN and placed sixth globally in the National City Index.   The report evaluated cities based on key factors such as business and investment climate, culture and heritage and 45 other specific attributes. The rankings were compiled from insights […]

Singapore to raise Employment Pass requirements in 2025 Singapore is taking the lead in becoming Asia’s leading hub for digital assets, issuing 13 cryptocurrency licenses in 2024—more than double the number granted the previous year. The approvals include prominent players such as OKX, Upbit, Anchorage and BitGo.     Its rival financial center Hong Kong has

Trading surge in Singapore as a result of U.S. elections Singapore is emerging as a global hub for cryptocurrency, with recent reports highlighting its leadership in digital asset adoption. According to industry surveys, approximately 40% of Singaporean investors now hold cryptocurrencies, placing the city-state ahead of other nations in embracing the digital economy.   The

MAS reduces wait times for family offices OCBC Bank in Singapore now requires some international clients to provide proof of residence in the city-state or face account restrictions and potential closures. The new rules are part of Singapore’s efforts to combat money laundering following a major scandal involving billions of dollars in illicit assets.  

Singapore emerges as Southeast Asia’s premier tech hub Foreign professionals aiming to work in Singapore will face stricter eligibility criteria under significant updates to the Employment Pass (EP) framework, set to take effect on Jan. 1, 2025. These changes will include higher salary thresholds and mandatory assessments.   The qualifying salary for new EP applications

Singapore one of the top destinations for investment Trading activity among Singapore investors has surged sharply after Donald Trump won the U.S. presidential election. Many investors shifted toward sectors expected to benefit from Trump’s policies.   Data from leading brokerages revealed a substantial spike in trading volume. Tiger Brokers reported an 84% jump in trading

Singapore becomes the leading hub in commercial justice Singapore and Thailand have agreed to expand their collaboration in key areas such as food security, renewable energy, digital connectivity and the green economy during a meeting between two leaders in Bangkok.   The discussions emphasized advancing cooperation in carbon credit trading, a critical element of both

Maybank launches new support program for SMEs in Singapore Singapore strengthened its status as the leading technology hub in Southeast Asia, attracting global corporations and startups looking to enter the region’s booming digital economy. Projections for 2024 indicate Southeast Asia’s digital economy will reach $263 billion in gross merchandise value (GMV), which is a 15%

Singapore fintech companies shift focus Singapore ranks one of the top global investment destinations for wealthy entrepreneurs Singapore continues to be one of the top destinations for wealthy investors and entrepreneurs looking to relocate or expand their businesses in Asia, according to HSBC’s latest Global Entrepreneurial Wealth Report. The city-state outranked its main rival Hong

Singapore ranks first in global digital competitiveness As global trade and investment flows evolve in a multipolar world, Singapore has positioned itself as a global hub for resolving international business disputes. The Singapore International Commercial Court (SICC), established in 2015, has become the basis of this transformation, offering innovative solutions to address the complexities of