Citigroup Inc.’s Singapore subsidiary and CIMB Group Holdings Bhd are among banks affected by a major money laundering case in the city-state involving about S$1 billion ($736 million) of assets.
Singapore Receives Six Applications for Presidential Election
Singapore received a total of six applications for certificates of eligibility to run in the country’s presidential elections, according to a statement from the Elections Department.
The Monetary Authority Of Singapore Takes A Stand On Stablecoins
Stablecoins are the most palatable crypto for regulators. With Europe moving forward with regulation, it was only a matter of time before Singapore did the same.
Indian-origin man jailed for breaching Singapore’s Covid safety measures, drunk-driving
An Indian-origin man was sentenced to more than 21 months in jail and fined SGD 5,000 for breaching the stringent Covid-19 measures by drinking alcoh
Central Banks of Indonesia and Singapore Start Trial on Cross-Border QR Code Payments
JAKARTA (Reuters) - Indonesia's central bank said on Thursday it had started a trial of cross-border QR code payments with its Singaporean counterpart. Both have set a target of introducing the system in the second half of this year, according to an earlier statement from Singapore's central bank.
Singapore Busts $736 Million Laundering Ring Holding Bentleys and Luxury Houses
Authorities in Singapore arrested 10 foreigners for suspected offenses including money laundering and forgery, in a case involving about S$1 billion ($736 million) of properties, luxury cars, cash and other assets.
Singapore Wrestles With the Constraints of Success
Quite a bit, judging by a high-powered conference in Singapore this week. Convened to mark the centenary of founding prime minister Lee Kuan Yew’s birth and canvas ideas for at least part of the next 100 years,
Singapore on alert for potential electoral interference. US CFPB will regulate data brokers. CISA works toward guidance for cloud providers.
Singapore is on alert for potential electoral interference. The US CFPB will regulate data brokers. CISA works toward guidance for cloud providers.
Singapore Food Festival In North America Introduces Digital Passport And Trip Giveaway
Diners are encouraged to upload a photo of their food order and register for a chance to win a trip to Singapore through the event's website.
Singapore arrests 10 foreigners, seizes S$1 billion assets in money laundering probe
Singapore police have arrested 10 foreigners for alleged money laundering and forgery offences, in a case involving about S$1 billion ($737 million) of cash, properties, luxury cars and other assets.
Singapore Arrests 10 in Laundering Case Involving $736 Million
Authorities in Singapore arrested 10 foreigners for suspected offenses including money laundering and forgery, in a case involving about S$1 billion ($736 million) of properties, luxury cars, cash and ...
Singapore police arrest 3 Chinese nationals, 7 others with ‘Chinese passports’ in US$736 million money-laundering crackdown
All ten of the individuals arrested were found in possession of foreign passports 'believed to be issued' by China Singapore police seized goods including Good Class Bungalows, 250 luxury watches and bags,
Digital asset, payments firms toy with stablecoin plans after release of new Singapore framework
SINGAPORE - Some digital assets and payments companies in Singapore are now considering plans to issue stablecoins from the Republic or registering their tokens with the regulator. This comes after the Monetary Authority of Singapore (MAS) on Tuesday ...
Singapore’s first Sportboy of the Year Marc Tay dies aged 63
His heart was very big. I always looked up to him as an older brother,' says former swimmer and teammate Oon Jin Teik. Read more at straitstimes.com.
Billionaire Duo Behind Singapore’s Sea Lose $1.6 Billion In Biggest Share Price Drop After Earnings Miss
Sea’s shares suffered their biggest daily drop since the company went public in 2017 on Tuesday, when they dived almost 29% on the New York Stock Exchange.
Singapore’s Lee Cautions Against Burning Through Reserves
Singapore needs to be mindful about not burning through reserves, Prime Minister Lee Hsien Loong said, citing risks from the recent trend of spending outpacing the government’s revenue growth. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix,