Singapore to update electronic payment regulations in fintech drive SINGAPORE: Singapore will make regulatory changes to facilitate the use of electronic payments, the central bank said on Friday, as the city-state aims to become a major centre for financial technology (fintech). "Our vision is to make Singapore... 19 Aug, 2016
Singapore orders BSI bank unit shut as 1MDB probe widens SINGAPORE/ZURICH: Singapore closed down BSI's operations in the city-state, while Switzerland began criminal proceedings against the private bank, in the biggest international crackdown on financial entities dealing with a scandal-hit Malaysian... 24 May, 2016
S�pore GDP forecasts SINGAPORE: Economists have revised their economic growth forecasts for Singapore for 2015 and 2016 down from their projections three months ago, a central bank survey showed on Wednesday. The median forecast of 22 economists surveyed by Monetary... 10 Dec, 2015
S�pore botches ex-leader�s name on historic currency package Singapore, August 21 Singapore’s central bank has apologised for misspelling the name of the city-state’s first president on the packaging of a special currency issue marking the country’s 50th year of independence. The name of the late... 22 Aug, 2015
Singapore bankers rattled by Asian moves to chase undeclared wealth SINGAPORE/JAKARTA: Singapore-based wealth managers, already under pressure from a global move towards tax information sharing, face a more immediate threat as Asian countries including Indonesia and India look to chase undeclared money in the... 18 Aug, 2015
Malaysian police raid 1MDB office, Najib considers legal action over report KUALA LUMPUR: Malaysian police raided the office of troubled state investment fund 1MDB on Wednesday, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak's... Women 08 Jul, 2015
Myanmar allegations highlight Singapore bank secrecy SINGAPORE: Allegations that Myanmar's junta is stashing billions of dollars in Singapore have thrown a spotlight on banking secrecy in the city-state, which strongly denies being a haven for hot money. US-based human rights group EarthRights... 16 Sep, 2009