Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Online casinos have swept through the world like a storm, and Singapore has been no exception. The state has seen a huge influx of online casino sites in recent years, and many of them come with brand-new and exciting features. Even though officially online…
Binance has withdrawn an application for a Singapore crypto permit via a local unit, marking an end to its pursuit to be a licensed bourse in the city-state. Binance Singapore has withdrawn the application and will shut down its operations in the city-state…
The property and casualty insurer has appointed a seasoned industry executive to lead its Singapore business. Chubb has appointed Kevin Bogardus as country president in Singapore, replacing Scott Simpson, who will become president for Chubb’s operations in…
The two sides reaffirmed their close ties and commitment to strengthening supervisory cooperation. The Monetary Authority of Singapore (MAS) and the China Banking and Insurance Regulatory Commission (CBIRC) made the commitment at their annual MAS-CBIRC…
Australian food chain Mad Mex is taking a taste of Mexico to Singapore and Malaysia with the announcement of its global expansion. The group’s plans to go international kick-off in Singapore this week with a brand-new store and will continue when its…
Binance Asia Services, which operates Binance’s Singapore entity, has taken an 18-percent stake in Hg Exchange (HGX), a Singapore-based private securities exchange. Binance Singapore will work with HGX in enhancing offerings of products and services supported…
The U.K.-headquartered fintech has obtained a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). Revolut is planning to roll out a stock trading feature on its app to Singapore customers, scheduled for the first half of…
AirAsia Philippines resumed its service to Singapore last December 4, ending a two-year hiatus of its flights to the Asian city-state. AirAsia Philippines’ first flight to Singapore in two years departed the NAIA Terminal 3 in Pasay City at 8:00 a.m. and…
M1 announced that it has signed an agreement to acquire up to 70% stake in Glocomp Systems (M) Sdn Bhd (Glocomp), as well as its affiliated companies, Global Computing Solutions Sdn Bhd (GCS) and GCIS Sdn Bhd (GCIS). All three companies are Malaysia-based…
Gautam Param and Leon Chen started meal replacement company Sustenance to solve this key issue that most of us are facing – “I wanted a simple way to eat healthy without putting my diet at the center of my life. I didn’t like other options in the market, they…
The property and casualty insurer is bolstering its International Personal Lines (IPL) division in Singapore. Chubb has appointed Tulio Puente as division head of IPL in Singapore, effective 22 November 2021, the firm announced on Thursday in a statement.…
The crypto payments firm is the fourth to receive a digital payments token (DPT) license in the city-state. The Monetary Authority of Singapore (MAS) has awarded a DPT license to TripleA, allowing the company to provide end-to-end cryptocurrency payment…
The regional neighbors aim to boost cross-border collaborations that will strengthen Asean regional payments and provide financial inclusivity to Overseas Filipino Workers (OFWs) and micro-small-to-medium-sized enterprises (MSMEs). The central banks of…
Singapore and the United Kingdom will work more closely to facilitate digital trade between the countries, as part of a partnership that will make digital transactions by businesses easier, safer, and cheaper. The partnership was deepened by the inking of…
The move advances the firm’s plans to open a digital bank in Singapore in early 2022. Linklogis, a key provider of supply chain finance technology in China with growing operations in Southeast Asia, has established a branch office in Singapore, the company…
Singapore-based YouTrip aims to scale its product offerings, including venturing into the B2B payments space, and accelerate its expansion across Southeast Asia. YouTrip has raised $30 million in a Series A funding round driven by returning investors from…
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