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Posted on 17/08/2023

Asia promotes crypto clarity amid regulatory uncertainty in the U.S.

Asia is promoting clear crypto rules at a time when large firms are facing regulatory uncertainty in the U.S., said industry observers.

Posted on 17/08/2023

Singapore’s key exports fall by 20.2%; 10th consecutive month of decline

SINGAPORE: Singapore's non-oil domestic exports (NODX) contracted for the 10th consecutive month in July, falling by 20.2 per cent, with both electronics and non-electronics seeing a decline. The drop ...

Posted on 17/08/2023

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.

Posted on 17/08/2023

Singapore trade slump worsens with key exports tumbling 20.2% in July

Non-oil domestic exports (Nodx) in July shrank a worse-than-expected 20.2 per cent compared to July 2022, and contracted 3.4 per cent from June, data from Enterprise Singapore (EnterpriseSG) showed on ...

Posted on 17/08/2023

Singapore’s Non-Oil Domestic Exports Fall for 10th Straight Month

Singapore's non-oil domestic exports fell for a 10th straight month in July, with shipments of both electronics ...

Posted on 17/08/2023

Singapore’s July NODX contracts by 20.2% y-o-y mainly due to declines to the EU 27, Taiwan and China

Singapore’s non-oil domestic exports (NODX) for the month of July contracted by 20.2% y-o-y, making this the 10 th consecutive month of y-o-y declines.

Posted on 17/08/2023

Money laundering probe: Singapore arrests 10 foreigners, seizes S$1bn assets

SINGAPORE: Singapore police have arrested 10 foreigners for alleged money laundering and forgery offences, in a ...

Posted on 17/08/2023

Singapore seizes S$1b in cash, assets from foreigners

In one of the biggest anti-money laundering operations, the Singapore Police Force rounded up a group of foreigners who had amassed about S$1 billion worth of assets there.

Posted on 17/08/2023

How HSBC regained its mantle as Asia’s best bank

Despite its roots in the region, HSBC’s Asian woes have sometimes seemed endemic. It has been overly dependent on Hong Kong and too often caught in Sino-US crosshairs. But under co-CEOs Surendra Rosha ...

Posted on 17/08/2023

Commentary: The value of budget surpluses for Singapore in challenging times

The Singapore government is constitutionally obliged to achieve a balanced budget over its term of office. What about targeting a net surplus instead, ask Eddie Choo and Gillian Koh from the Institute ...

Posted on 17/08/2023

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,

Posted on 17/08/2023

Singapore police seize $1 billion in cash and cryptocurrencies used in money laundering

The Singapore Police Force, in a Facebook post, announced that ten foreign nationals had been charged with forgery and money laundering. The announcement also stated over $1 billion worth of cash and crypto assets were seized in addition to multiple properties,

Posted on 17/08/2023

From the U.S. to Japan, regulators are beginning to embrace crypto

Switzerland, Singapore and the EU have taken the early regulatory lead, but Japan and the UAE are coming on now. Even the U.S. may be awakening.

Posted on 17/08/2023

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.

Posted on 17/08/2023

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.

Posted on 17/08/2023

Citi buys large amounts of zinc for lucrative LME warehouse deal -sources

Citibank has bought large amounts of zinc on the London Metal Exchange (LME) and arranged a lucrative deal to store the metal in LME approved warehouses, two sources with knowledge of the matter said.

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