Category: NEWS

Moody’s Investors Service has upgraded its outlook to stable from negative for Singapore’s banking system, in a research report released yesterday. Bank of Singapore, which recently broke into the ranks of Asia’s top 10 private banks, intends to keep ... ( read original story ...)

Singapore is now the world's most digitally competitive country, according to an inaugural World Digital Competitiveness ranking by Swiss business school IMD. The new ranking released this week measures a country's ability to adopt digital technologies ... ( read original story ...)

Organisers declined to say how much was raised last year. Days after last year's rally conservative Singapore's government announced that foreign firms would no longer be allowed to sponsor or participate in the rally. [nL4N19E24D] Foreigners have never ... ( read original story ...)

Singapore's sole stock exchange is gunning for more initial public offerings from technology firms as it seeks to alter perception that the city state is an attractive listing destination only for real estate investment trusts (REITs). To do that, it has ... ( read original story ...)

SINGAPORE/ZURICH Singapore's central bank has fined Credit Suisse and United Overseas Bank (UOB) a total of S$1.6 million ($1.2 million) for breaching anti-money laundering rules in transactions related to Malaysia's scandal-ridden state fund 1MDB. ( read original story ...)

SINGAPORE Singapore's central bank said on Tuesday it had fined Credit Suisse (CSGN.S) and United Overseas Bank (UOB) a total of S$1.6 million ($1.15 million) for breaches of anti-money laundering rules for transactions related to Malaysia's scandal-ridden ... ( read original story ...)

KUALA LUMPUR: The Monetary Authority of Singapore (MAS) has completed its two-year review of banks involved in 1MDB-related transactions known to-date. The regulator announced on Tuesday that it had imposed financial penalties on Credit Suisse and United ... ( read original story ...)

Exercise MAPLE FLAG, the Royal Canadian Air Force’s largest and most complex international training event of the year, started May 29. It runs until June 23. Exercise MAPLE FLAG will bring together nearly 1600 Canadian Armed Forces personnel in ... ( read original story ...)

Malaysia's 1MDB, once a pet project of Prime Minister Najib Razak who chaired its advisory board, is the subject of money-laundering investigations in at least six countries including Switzerland, Singapore, and the United States. The Monetary Authority of ... ( read original story ...)

Cambodia’s customs department counted less than 1 percent of the sand Singapore reported importing from Cambodia last year, according to trade statistics. Singapore’s central bank said on Tuesday that it has imposed financial penalties on Credit Suisse ... ( read original story ...)

Singapore fined Credit Suisse Group AG and United Overseas Bank Ltd. a total of S$1.6 million (S$1.2 million) after a two-year regulatory review of banks involved in fund flows linked to 1Malaysia Development Bhd., or 1MDB. Credit Suisse was fined S$ ... ( read original story ...)

The Singapore government will make a US$100,000 (S$138,490) contribution to support disaster relief efforts in Sri Lanka following the loss of lives and destruction caused by heavy flooding and landslides across the country. The contribution was revealed ... ( read original story ...)

In a report released by wildlife trade monitoring group, TRAFFIC, it has been revealed that Singapore is now the second largest trader of shark fin. Hong Kong tops the list in terms of revenue, according to findings done in 2012-2013. The same report also ... ( read original story ...)

Research and Markets has announced the addition of the "Singapore Dairy Market 2017" report to their offering. Industrial applications of dairy products should be treated with caution when comparing data across categories. For example, care should be taken ... ( read original story ...)

Changi Airport has handled more than 1 billion passengers since it opened on Jul 1, 1981, the airport said in a media release on Monday (May 29). Bloomberg reported that as Singapore Airlines Ltd. considers broadening its debt sources amid plans to spend $ ... ( read original story ...)

SINGAPORE will serve as the inspiration for Darwin’s transformation into a major international tropical city, as Chief Minister Michael Gunner leads a delegation to the Asian country this week. Mr Gunner said the seven-person delegation would examine ... ( read original story ...)