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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.

Posted on 17/08/2023

DBS becomes largest foreign bank in Taiwan after merger with Citi’s consumer banking unit

It now has "clear market leadership" in loans, deposits, cards and investments among foreign players in the market. Read more at straitstimes.com.

Posted on 17/08/2023

Singapore Exchange will be first in Asia to list structured certificates

The Singapore Exchange (SGX) will this month become the first bourse in Asia to offer publicly-traded structured certificates. The certificates, which will be listed on the bourse on August 30, is a ...

Posted on 17/08/2023

Singapore orchid growers tap technology to keep industry blooming | Video

Orchid growers in Singapore have had to change their business models and invest in new technologies to adapt to challenges such as space constraints. This comes amid a challenging environment where ...

Posted on 17/08/2023

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.

Posted on 17/08/2023

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 ...

Posted on 16/08/2023

Think of Singapore’s reserves as ‘rainy day’ money: PM Lee

Prime Minister Lee Hsien Loong spoke to CNA on June 8, for a documentary on Singapore’s reserves. The transcript of the interview was released by the Prime Minister’s Office on Wednesday. Here is an ...

Posted on 16/08/2023

SPF seizes $1 bil assets in form of GCBs, cars and property, in money laundering raid

SPF said 10 foreigners were arrested; also seized was $23 mil in cash and 35 bank accounts with estimated balance of $110 mil ... ( read original story ...)

Posted on 16/08/2023

How HSBC regained its mantle as the region’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 16/08/2023

Vietnam Airlines and Singapore Tourism Board sign MoU

Vietnam Airlines and the Singapore Tourism Board (STB) have signed an MoU until 2025, aiming to promote Singapore’s popularity as a destination for both leisure and business as Vietnam's outbound ...

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