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Posted on 08/09/2023

Richard Hu, Singapore’s longest-serving finance minister, dies aged 96

FORMER Cabinet minister Richard Hu Tsu Tau, Singapore’s longest-serving finance minister, a post he held from 1985 to 2001, died on Friday (Sep 8). Read more at The Business Times.

Posted on 08/09/2023

Former finance minister Richard Hu dies at 96

Dr Richard Hu has passed away at 96 years old on Sept 8, reported Zaobao, citing an unnamed source from the People’s Action Party (PAP).

Posted on 08/09/2023

Talent Hunt Intensifies As Singapore Family Offices Top 1,100 | With Commentary From Acre’s Paddy Balfour

Commentary from Paddy Balfour for Asian Investor, published on 23.07.23, original source: Talent hunt intensifies as Singapore family offices top 1,100, Author: Indira Vergis As the number of single ...

Posted on 08/09/2023

Singapore stocks end lower on Friday, tracking regional losses; STI down 0.6%

Losers outnumbered gainers 184 to 177, with 778.2 million securities worth $671.5 million changing hands. Read more at straitstimes.com.

Posted on 08/09/2023

Singapore plan to import Indonesia clean energy advancing as region develops renewables ‘faster and bigger than people realise’

Singapore currently generates 95 per cent of its electricity from natural gas, but lack of space limits the building of solar and wind farms.

Posted on 08/09/2023

Investing in the world’s poorest country

Also in today’s newsletter, Singapore’s central bank head calls for action on carbon pricing and blended finance ...

Posted on 08/09/2023

Lee Can’t Fade Away In Scandal-Plagued Singapore

Succession is a delicate and potentially violent topic for leaders. In Singapore, succession planning is quite the opposite: It showcases the stabil ...

Posted on 08/09/2023

More surveillance to humanely trap ‘elusive’ stray dogs in northern Singapore: AVS

The Animal and Veterinary Service (AVS) will intensify surveillance and continue targetted trapping operations of sighted stray dogs in northern Singapore. Dr Chang Siow Foon, AVS' group director of ...

Posted on 08/09/2023

Why are Singapore-based investors flocking to UK real estate?

Transparency, predictable yields and clear rules are key criteria for Singaporean investors buying up UK real estate.

Posted on 08/09/2023

Singapore regulatory sandbox lacks qualified crypto payment providers

In its fight against money laundering, Singapore provides operational licenses to crypto businesses that can showcase robust Anti-Money Laundering (AML) controls.

Posted on 08/09/2023

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 ...

Posted on 08/09/2023

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 ...)

Posted on 08/09/2023

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.

Posted on 08/09/2023

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 ...

Posted on 08/09/2023

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.

Posted on 08/09/2023

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.

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