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Singapore – MAS weighing more crypto safeguards for consumers: Tharman

SINGAPORE – Singapore is considering more safeguards to protect consumers after the plunging prices of crypocurrencies triggered a series of prominent players, including firms based here, becoming insolvent.  Senior Minister and Coordinating Minister for Social Policies Tharman Shanmugaratnam on Monday (July 4) said the Monetary Authority of Singapore (MAS) has been “carefully considering” having additional […]

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Factory activity in Singapore expands but at a slower pace

SINGAPORE – Factory activity in Singapore clocked its 24th consecutive month of expansion in June, although growth slightly slowed compared with May. The June reading of the Singapore Purchasing Managers’ Index (PMI) came in at 50.3, 0.1 point lower than for the previous month, said the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday […]

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