In a significant move poised to bolster asset tokenisation within the financial sector, the Monetary Authority of Singapore (MAS) recently unveiled a multifaceted initiative focusing on establishing a robust framework for digital assets. This advancement aims to improve infrastructure limitations and enhance liquidity, addressing key barriers that have hindered the widespread adoption of tokenisation across […]
Stablecoins Transforming E-commerce Payments in Singapore
Singapore has recently achieved a remarkable milestone, recording over $1 billion in stablecoin payment transactions. This significant achievement underscores the rapid growth and acceptance of stablecoins in the local e-commerce landscape. As businesses seek innovative solutions to streamline payment processes, stablecoins are emerging as a critical tool, particularly in the e-commerce sector. Understanding stablecoins is […]
BoF Live | Unlocking Supply Chain Opportunities in Southeast Asian Markets
On Wednesday, October 23, a crucial conversation will unfold at 16:00 BST / 11:00 EDT regarding the supply chain landscape in Southeast Asia, particularly focusing on Singapore. Hosted by The Business of Fashion’s Robin Mellery-Pratt, the event will bring together key experts to evaluate new opportunities emerging from macroeconomic shifts across the region. In light […]
Digital Bunkering: Transforming Singapore’s Marine Industry
Singapore is making strides in the digitalisation of its marine fuel sector. Effective April 2025, marine fuel suppliers in Singapore will be required to employ digital bunkering services, showcasing a significant shift in an industry traditionally reliant on paper-based processes. The announcement was made by senior minister of state for transport, Amy Khor, during the […]
Mulberry Owner Ong Beng Seng Charged in Singapore Graft Scandal
In a significant development that has sent shockwaves through Singapore’s business landscape, property tycoon Ong Beng Seng has been charged in connection with a high-profile graft scandal involving an ex-government minister. This scandal has not only shaken the foundations of Singapore’s reputation for clean governance but has also prompted discussions about the broader implications for […]
DISG and AI Singapore to Expand AI Training for SMBs
The landscape of business is undergoing a dramatic transformation, with artificial intelligence (AI) emerging as a central player in driving efficiency and innovation. Recognizing the critical importance of equipping small and medium-sized businesses (SMBs) with advanced digital skills, the Digital Industry Singapore (DISG) and AI Singapore are expanding their collaborative training program, ‘Upskill with Meta’. […]