Singapore to consult on regulating crypto for consumer protection in ‘next few months’
Singapore’s financial sector grew at an annual average of 7.2 per cent over FY 2020/21, according to MAS estimates.
Growth has been broad-based, across banking, insurance, asset management, and payment services.
In 2021, value-added grew by 7.4 per cent, fintech investments hit a high of US$3.9 billion, and some 4,300 net jobs were created in financial services and fintech.
https://twitter.com/IDSG_Business/status/1549266879130193921?s=20&t=k7wY3YN8VprN3anTtEvddg
Singapore’s financial sector grew at an annual average of 7.2 per cent over FY 2020/21, according to MAS estimates.
Growth has been broad-based, across banking, insurance, asset management, and payment services.
In 2021, value-added grew by 7.4 per cent, fintech investments hit a high of US$3.9 billion, and some 4,300 net jobs were created in financial services and fintech.
https://twitter.com/IDSG_Business/status/1549266879130193921?s=20&t=k7wY3YN8VprN3anTtEvddg
Twitter
Reviews and public consultations are underway, among international standard-setting bodies and regulators, to strengthen regulation in these areas. MAS is targeting to consult on proposed measures in the next few months.
#Crypto #Singapore #CryptoNews
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#Crypto #Singapore #CryptoNews
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Berapakah harga membeli Franchise di Singapura?
FLAsia adalah salah satu event tahunan di Singapura, untuk Anda yg ingin berbisnis franchise di Singapura
Info & pendaftaran:
https://franchiselicenseasia.com/brands/
#Franchise #IDSG #IDSGbusiness #Insights #Events
FLAsia adalah salah satu event tahunan di Singapura, untuk Anda yg ingin berbisnis franchise di Singapura
Info & pendaftaran:
https://franchiselicenseasia.com/brands/
#Franchise #IDSG #IDSGbusiness #Insights #Events
Singapore, home to an array of large regional companies and multinationals, is especially well positioned to capitalize on this opportunity. Some 43 percent (15 companies) of Southeast Asia’s unicorns (companies with valuations of US$1 billion or more) are based there.
To date, more than 40 corporate ventures have successfully launched in Singapore, many since 2018.
https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/singapore-emerges-as-a-new-business-building-hub?cid=app
To date, more than 40 corporate ventures have successfully launched in Singapore, many since 2018.
https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/singapore-emerges-as-a-new-business-building-hub?cid=app
McKinsey & Company
Singapore emerges as a new-business-building hub
New infrastructure and funding sources, along with established practices, are helping incumbents in Singapore launch new businesses that can scale quickly.
Visitors to Singapore to be issued electronic visit passes
They should also submit their SG Arrival Card within three days before the date of arrival in Singapore.
"With the full implementation of the e-Pass, all foreign visitors on short-term visit pass will no longer have to worry about the lack of pages in their passports to accommodate immigration stamps," ICA said.
https://www.straitstimes.com/singapore/transport/no-more-stamped-passports-foreign-visitors-to-singapore-to-be-issued-electronic-visit-passes
They should also submit their SG Arrival Card within three days before the date of arrival in Singapore.
"With the full implementation of the e-Pass, all foreign visitors on short-term visit pass will no longer have to worry about the lack of pages in their passports to accommodate immigration stamps," ICA said.
https://www.straitstimes.com/singapore/transport/no-more-stamped-passports-foreign-visitors-to-singapore-to-be-issued-electronic-visit-passes
The Straits Times
No more stamped passports - foreign visitors to Singapore to be issued electronic visit passes
ICA said this would ease automate immigration clearance in the future and save pages on travellers' passports. Read more at straitstimes.com.
India’s beauty D2C space is booming, but SEA’s may be even bigger
The opportunity in Southeast Asia may be even bigger than in India. According to Euromonitor estimates, the South Asian country had a US$14 billion beauty market in 2020, while the beauty industry in Indonesia – Southeast Asia’s largest market – was already valued at US$7 billion.
Source: TIA
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#IDSGbusiness #IDSG #BusinessNews
The opportunity in Southeast Asia may be even bigger than in India. According to Euromonitor estimates, the South Asian country had a US$14 billion beauty market in 2020, while the beauty industry in Indonesia – Southeast Asia’s largest market – was already valued at US$7 billion.
Source: TIA
Untuk terjemahan bahasa Indonesia di Telegram:
1) Tekan & tahan pesan yg ingin di-translate
2) Tekan “Translate”
3) Tekan “Change Language”
4) Pilih “Indonesian”
#IDSGbusiness #IDSG #BusinessNews
Tech in Asia
India’s beauty D2C space is booming, but SEA’s may be even bigger
While India’s direct-to-consumer beauty brands have gone from strength to strength, the opportunity in Southeast Asia may be even bigger.
OG To Move Out Of Orchard Point After 18 Years
OG shared on Facebook that they will be moving out of their Orchard Point outlet with the announcement of a massive sale.
Source: MSNews
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#IDSGbusiness #IDSG #BusinessNews
OG shared on Facebook that they will be moving out of their Orchard Point outlet with the announcement of a massive sale.
Source: MSNews
Untuk terjemahan bahasa Indonesia di Telegram:
1) Tekan & tahan pesan yg ingin di-translate
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#IDSGbusiness #IDSG #BusinessNews
Must Share News - Independent News For Singaporeans
OG To Vacate Orchard Point After 18 Years, Has Up To 90% Off Sale
OG will be vacating their Orchard Point outlet. To commemorate the move, they're hosting a massive moving out sale with up to 90% off items.
The Indonesian Ambassador to Singapore Suryo Pratomo gave this update that he expects a total of 1,000 tonnes to arrive in Singapore by year-end.
"This is a consignment that has come from Jakarta, and we must see the (size of) demand from Singapore. I have talked with some producers in Indonesia and they plan to also set up the farm in Batam."
#IDSG #BusinessNews #Singapura
Source: StraitsTimes
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"This is a consignment that has come from Jakarta, and we must see the (size of) demand from Singapore. I have talked with some producers in Indonesia and they plan to also set up the farm in Batam."
#IDSG #BusinessNews #Singapura
Source: StraitsTimes
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The Straits Times
Indonesia exploring setting up farm in Batam to export fresh chickens to S'pore
Indonesian companies hope to understand the demand by next year so they can determine the size of the farm in Batam.
Read more at straitstimes.com.
Read more at straitstimes.com.
Forwarded from CNA
The Sing dollar has touched all-time highs against the yen and ringgit, and strengthened against the euro and the pound.
CNA explains why and what it means for holidaymakers and businesses alike: https://cna.asia/3ok85RH
CNA explains why and what it means for holidaymakers and businesses alike: https://cna.asia/3ok85RH
Forwarded from CNA
Photo-op alert: The Singapore Night Festival returns on Aug 19. Here's what you can expect: https://cna.asia/3cvhbbF
The USS Ronald Reagan, a nuclear-powered aircraft carrier and one of the largest vessels in the United States Navy, docked at Changi Naval Base on Friday (July 22) - the first time a US aircraft carrier has stopped in Singapore since 2019.
The ship is here for a routine port visit for a few days to replenish supplies and allow those on board to take a break on land.
https://www.straitstimes.com/singapore/us-aircraft-carrier-docks-in-singapore-for-first-time-since-2019
The ship is here for a routine port visit for a few days to replenish supplies and allow those on board to take a break on land.
https://www.straitstimes.com/singapore/us-aircraft-carrier-docks-in-singapore-for-first-time-since-2019
The Straits Times
US aircraft carrier docks in Singapore for first time since 2019
The ship is here to replenish supplies and allow those on board to take a break on land. Read more at straitstimes.com.
Changi Airport Group (CAG) said on Friday (July 22) that T4's reopening will add to the airport's capacity, with the terminal able to serve about 16 million passengers per year.
Over the next two months, CAG will conduct various operational readiness trials with the airlines and airport partners to ensure the smooth restart of operations in T4.
https://www.straitstimes.com/singapore/changi-airport-terminal-4-to-reopen-on-sept-13-amid-increased-demand-for-travel
Over the next two months, CAG will conduct various operational readiness trials with the airlines and airport partners to ensure the smooth restart of operations in T4.
https://www.straitstimes.com/singapore/changi-airport-terminal-4-to-reopen-on-sept-13-amid-increased-demand-for-travel
The Straits Times
Changi Airport Terminal 4 to reopen on Sept 13 to ease congestion at other terminals
Sixteen airlines including Cathay Pacific, Korean Air and AirAsia will relocate to T4 progressively.
Read more at straitstimes.com.
Read more at straitstimes.com.
Company fined $5,000 for illegally importing 362kg of fresh fruits and vegetables
In Singapore, fruits and vegetables can only be imported by licensed importers, and every consignment must be declared and accompanied with a valid import permit.
Illegally imported vegetables are of unknown sources and can pose a food safety risk, for instance, when unregulated or high levels of pesticides are used.
Source: StraitsTimes
#IDSG #BusinessNews #Singapura
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In Singapore, fruits and vegetables can only be imported by licensed importers, and every consignment must be declared and accompanied with a valid import permit.
Illegally imported vegetables are of unknown sources and can pose a food safety risk, for instance, when unregulated or high levels of pesticides are used.
Source: StraitsTimes
#IDSG #BusinessNews #Singapura
Untuk terjemahan bahasa Indonesia di Telegram:
1) Tekan & tahan pesan yg ingin di-translate
2) Tekan “Translate”
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The Straits Times
Company fined $5,000 for illegally importing 362kg of fresh fruits and vegetables
The illicit activities came to light when a lorry delivering food to the importer was detained during an operation by the authorities. Read more at straitstimes.com.
Is Instagram dying?
(Yes, but not for everyone)
Instagram as a company won’t die, your ability to reach people organically on it will.
Knowing that Instagram will slowly die over time doesn’t mean it won’t continue to be relevant, valuable or important for most small businesses and people who need it for work for many years to come, it only means that you’re less likely to get any significant traffic from it.
There still is and will continue to be A LOT of people that search for businesses and inspiration on Instagram! Being on it and being able to use it effectively and efficiently will still continue to be an essential part of running a business or spreading a message.
#IDSG #BusinessInsights #Business #UKM #UMKM #SocialMedia #Instagram
Source: publicist
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(Yes, but not for everyone)
Instagram as a company won’t die, your ability to reach people organically on it will.
Knowing that Instagram will slowly die over time doesn’t mean it won’t continue to be relevant, valuable or important for most small businesses and people who need it for work for many years to come, it only means that you’re less likely to get any significant traffic from it.
There still is and will continue to be A LOT of people that search for businesses and inspiration on Instagram! Being on it and being able to use it effectively and efficiently will still continue to be an essential part of running a business or spreading a message.
#IDSG #BusinessInsights #Business #UKM #UMKM #SocialMedia #Instagram
Source: publicist
Untuk terjemahan bahasa Indonesia di Telegram:
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Forwarded from Mothership
💃 Zouk will be partnering with the producers of Coachella for ZoukOut 2022.
➡️ https://bit.ly/3cwJsyD
Follow us on @mothershipsg for the latest updates
➡️ https://bit.ly/3cwJsyD
Follow us on @mothershipsg for the latest updates
Clarke Quay will be undergoing a S$62 million upgrading
The purpose of the initiative is to help expand the appeal of the popular nightlife cluster to become a "day-and-night destination.
#IDSG #BeritaSingapura #Singapore #News #Travelling
Source: Mothersip
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The purpose of the initiative is to help expand the appeal of the popular nightlife cluster to become a "day-and-night destination.
#IDSG #BeritaSingapura #Singapore #News #Travelling
Source: Mothersip
Untuk terjemahan bahasa Indonesia di Telegram:
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Mothership
Clarke Quay to turn into daytime hangout too after S$62 million upgrade, will be called CQ @ Clarke Quay
Including "thermal comfort infrastructure" to manage daytime temperatures.
In Singapore, more than 30 alternative protein start-ups have been launched in the past three years, working on various types of alternative protein products, including plant-based and cell-based, as well as microbial alternatives.
Ants Innovate is in the middle of setting up its pilot production plant while working on the regulatory approval for its alternative meats.
#IDSG #Business #BusinessInspiration #Singapore
Source: StraitsTimes
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Ants Innovate is in the middle of setting up its pilot production plant while working on the regulatory approval for its alternative meats.
#IDSG #Business #BusinessInspiration #Singapore
Source: StraitsTimes
Untuk terjemahan bahasa Indonesia di Telegram:
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The Straits Times
Serving up cell-based pork dumplings, cricket cookies to fight climate change
Innovators are growing animal cells in bioreactors, making plant-based meats and unlocking new proteins through fermentation. Read more at straitstimes.com.
Changi Airport hits 50% of pre-pandemic passenger numbers
Some 2.9 million passengers departed, transferred or arrived on flights in Changi Airport in June, compared with 5.8 million in June 2019.
Changi Airport's current 50 per cent traffic is compared to the nearly fully functioning Hamad International Airport in Qatar and Dubai International Airport in the United Arab Emirates.
https://www.straitstimes.com/singapore/changi-airport-hits-50-of-pre-pandemic-passenger-numbers-ahead-of-year-end-target
Some 2.9 million passengers departed, transferred or arrived on flights in Changi Airport in June, compared with 5.8 million in June 2019.
Changi Airport's current 50 per cent traffic is compared to the nearly fully functioning Hamad International Airport in Qatar and Dubai International Airport in the United Arab Emirates.
https://www.straitstimes.com/singapore/changi-airport-hits-50-of-pre-pandemic-passenger-numbers-ahead-of-year-end-target
The Straits Times
Changi Airport hits 50% of pre-pandemic passenger numbers ahead of year-end target
Some 2.9 million passengers used Changi Airport in June, compared with 5.8 million in June 2019. Read more at straitstimes.com.
Forwarded from Mothership
🏖 Headed to Sentosa?
Take note: Free cable car rides are available via the Sentosa Line from now till Oct. 31, 2022.
➡️ https://bit.ly/3SdYLg3
Follow us on @mothershipsg for the latest updates
Take note: Free cable car rides are available via the Sentosa Line from now till Oct. 31, 2022.
➡️ https://bit.ly/3SdYLg3
Follow us on @mothershipsg for the latest updates
Forwarded from The Straits Times
About 1 in 5 full-time NSmen enlisted every year are new citizens or PRs. This is up from about 1 in 20 in the early 2000s, said Defence Minister Ng Eng Hen. https://str.sg/wanV
Forwarded from The Business Times
Alibaba, Perennial-led group to build Singapore’s tallest building, at 305 metres
The URA has approved a 63-storey development comprising offices, some retail space, 215 apartments and a 11-suite hotel.
https://bt.sg/UVZe
The URA has approved a 63-storey development comprising offices, some retail space, 215 apartments and a 11-suite hotel.
https://bt.sg/UVZe