In its fight against money laundering, Singapore provides operational licenses to crypto businesses that can showcase robust Anti-Money Laundering (AML) controls.
Norway’s $1.4 trillion investment fund is shutting its China office
Norges Bank Investment Management (NBIM), which operates the world’s largest sovereign wealth fund, has started the process of closing down its office in Shanghai, in another sign of big global ...
Property agents pay more heed to compliance checks after massive billion-dollar money laundering case
SINGAPORE: Property agents are paying more attention to compliance checks in the wake of a S$1.8 billion (US$1.32 billion) money laundering case making headlines in Singapore ... ( read original story ...)
Singapore to start importing eggs from Türkiye
This brings the number of countries and regions accredited to export chicken eggs to Singapore to 19, says the Singapore Food Agency.
Singapore asks banks to probe ties with money laundering suspects
SINGAPORE’S central bank has directed financial institutions to review any relationships with individuals tied to a money laundering scandal involving over S$1.8 billion of assets. Read more at The ...
Singapore’s Plan to Import Indonesia’s Clean Energy Is Advancing
Singapore awarded initial approvals to five energy projects in Indonesia as it aims to advance plans to import clean electricity from neighboring nations and curb its reliance on natural gas.
MCI warns The Economist’s Singapore bureau chief over interference in domestic politics
In a public endorsement of online publication Jom, Dominic Ziegler "encouraged Singaporeans to embrace an alternative vision", said the Ministry of Communications and Information.
Meta co-founder Eduardo Saverin is now Singapore’s wealthiest person, according to Forbes
Forbes has unveiled its 2023 list of Singapore's top 50 richest people, and Eduardo Saverin leads the pack with a net worth of USD 16 billion.
Norway’s $1.9 trillion wealth fund starts winding down China office as Asia hub shifts to Singapore
The fund is initiating the process to close its representative office in Shanghai due to “operational considerations". Read more at straitstimes.com.
Prime Minister advances trade ties, investment, and innovation with Singapore
CNW/ - As Canada kicks off a new chapter as an Association of Southeast Asian Nations (ASEAN) strategic partner, we are further deepening ties with the Indo-Pacific region. Canada and Singapore ...
S’pore households’ net worth up in Q2 with more money going to investing, insurance
In Q2, household net worth was up 8.9% from the same period last year to around $2.7 trillion. Read more at straitstimes.com.
Singapore charges cyclist who jumped onto car bonnet in traffic row with harassment
A Singaporean cyclist is facing two charges after she was seen in a video jumping onto a car bonnet during a row with a motorist.
Singtel Unveils Singapore’s Most Affordable 5G Phone Plans
Against a backdrop of consumers’ growing data consumption on Singtel’s network, which offers the world’s best 5G coverage experience, the plans provide large data bundles starting at 30GB a month, and ...
Are political rallies outdated? How social media is reshaping Singapore politics
Find out what political experts have to say about how social media platforms are reshaping election strategies and if rallies are becoming outdated.
Singapore US$1.3 billion money laundering probe: MAS says banks must examine any links to 10 suspects, 24 others
Singapore has asked financial firms to examine dealings with 34 individuals including 10 suspects linked to a US$1.3 billion laundering probe.
Singapore Shares May Hand Back Thursday’s Gains
The Singapore stock market on Thursday ended the two-day slide in which it had fallen more than 15 points or 0.5 percent. The Straits ...