Grab will acquire Foodpanda’s Taiwan business for $600 million, in the superapp’s first foray outside Southeast Asia. The Singapore-based company signed a deal with Foodpanda parent Delivery Hero just …
Bhutan moves 519.7 BTC ($36.75M) to wallets linked to Singapore trading firm QCP Capital
The Royal Government of Bhutan has transferred close to $37 million in bitcoin from its state holdings, adding to speculation about the small Himalayan kingdom’s cryptocurrency strategy. The …
Dubai crude’s premium slump as sellers pile offers onto TotalEnergies
By Siyi Liu and Florence Tan SINGAPORE, March 27 (Reuters) – Spot premium for Dubai crude slumped by more than half to hit its lowest level in three weeks as more sellers emerged and piled on offers …
Preparing for financial year-end in Singapore: A complete checklist for compliance
For companies operating in Singapore, the financial year-end is a critical period. It is the time when businesses revie …
Ripple Taps Singapore BLOOM Initiative for RLUSD Trade Finance Pilot
Key Takeaways Ripple joined Singapore’s MAS-led BLOOM initiative to test RLUSD in a trade finance pilot with Unloq. The pilot links payment release to shipment …
Ripple Taps Singapore BLOOM Initiative for RLUSD Trade Finance Pilot
Key Takeaways Ripple joined Singapore’s MAS-led BLOOM initiative to test RLUSD in a trade finance pilot with Unloq. The pilot links payment release to shipment …
Ripple joins Singapore sandbox to test RLUSD in trade finance
Financial technology company Ripple said Wednesday it had joined the Monetary Authority of Singapore’s (MAS) BLOOM initiative with supply chain finance technology firm Unloq to test programmable cross …
Ripple taps Singapore’s central bank sandbox to test stablecoin-powered trade finance with RLUSD
The pilot with supply chain firm Unloq under MAS’s BLOOM initiative would trigger cross-border payments automatically when shipment conditions are verified, a use case that connects Ripple’s …
Singapore’s Financial Institutions Now Have a Playbook for Managing AI Vendor Risk
The MAS AI Card template tells Singapore financial institutions what to ask AI vendors and what to do when they won’t answer.
Hong Kong billionaire clan Keswick bet on Singapore property boom with $422M stake acquisition
Hongkong Land Holdings, controlled by the billionaire Keswick family, has acquired a 10.8% stake in Suntec Real Estate Investment Trust.