Sunda pangolins are a “shy, nocturnal (and) solitary mammal covered in scales ,” according to Singaporean officials. They eat ants and termites with a tongue the length of their body.
Singapore among world’s first to agree to stablecoin crypto regulation
They must equal or exceed the value of the stablecoin in circulation at all times, the rules say. The stablecoin market is valued at around $125 billion, with two tokens — Tether's USDT and Circle's USDC — dominating roughly 90% of the market cap value.
Who are the 10 foreigners arrested in Singapore’s massive S$1 billion money laundering crackdown?
Police raided Good Class Bungalows and prime area condominiums among other locations, and seized assets including cars, watches, handbags and cash.
Will Singapore steady the stablecoin ship?
The Monetary Authority of Singapore (MAS) unveiled a regulatory framework for stablecoins on Tuesday as the Southeast Asian city-state positions itself as an aspiring global nexus for the crypto ...
Citi, CIMB Used by Accused in Singapore’s Laundering Scandal
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 busts a $1 billion money laundering ring, seizing assets and crypto
Singaporean law enforcement has taken a significant stride in combating financial crime, apprehending 10 foreign nationals suspected of laundering money. The arrests also encompass allegations of ...
Ten foreigners arrested as $735 million in cash and assets seized in Singapore
Ten foreign nationals have been arrested in Singapore on suspicion of committing offenses such as forgery and money laundering after about S$1 billion ($735 million) worth of cash and assets were ...
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.
Singapore arrests 10 foreigners, seizes $1b assets in biggest anti-money laundering operations
INGAPORE- In one of the biggest anti-money laundering operations here, the Singapore Police Force (SPF) rounded up a group of foreigners who had amassed about $1 billion worth of assets here. The ...
Indonesia and Singapore set to introduce QR code payments
The central banks of Singapore and Indonesia are planning to introduce the use of QR codes for cross-border payments between the two countries.
OCBC, SPF say joint operation prevented scam losses of over S$22.4 million
OCBC and the Anti-Scam Centre of the Singapore Police Force (SPF) say they have successfully prevented over S$22.4 million in potential financial losses by disrupting over 830 ongoing scams. Read more ...
Commentary: Should Singapore look beyond a balanced budget to ensure we will always have enough in our reserves?
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 ...
Singapore’s middle distillates stocks rise as imports from India emerge
SINGAPORE, Aug 17 (Reuters) - Singapore’s middle distillates inventories clawed back earlier weeks’ of losses and rose on higher gasoil imports, with Indian-origin cargoes arriving for the first time ...
Singapore stocks decline as July key exports fall, STI sheds 0.5%
Loses outnumbered gainers 315 to 289, as 1.1 billion securities worth $1 billion were traded Read more at straitstimes.com.
Singapore’s chip industry still in the money for the long term: Analysts
Both Singapore and Malaysia in recent years have seen a host of global chipmakers announce new investment and expansion of existing facilities that are likely to help boost the business of local ...
Cash, cars and homes seized in $735m Singapore anti-money laundering raids
The country's central bank and financial regulator, the Monetary Authority of Singapore, said it had been in contact with financial institutions "where the potentially tainted funds have been ...