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Singapore's central bank bans ex-Goldman banker Ng for life over 1MDB

Singapore's central bank bans ex-Goldman banker Ng for life over 1MDB

Roger Ng is permanently banned from performing any regulated activity under the Securities and Futures Act, said MAS.
Tue Sep 05 2023
Malaysia, Singapore launch cross-border QR code payments connectivity

Malaysia, Singapore launch cross-border QR code payments connectivity

This payment linkage will allow customers to make retail payments by scanning DuitNow QR and NETS QR codes, BNM and MAS said.
Fri Mar 31 2023
Foreigners needed to fill Singapore tech jobs crunch, says central banker

Foreigners needed to fill Singapore tech jobs crunch, says central banker

Menon said Singaporeans make up just over one-third of the estimated 25,000 tech workforce in the local financial sector.
Tue May 04 2021
1MDB Bond: Goldman Sachs Singapore to pay US$122 mln to Singapore government

1MDB Bond: Goldman Sachs Singapore to pay US$122 mln to Singapore government

Goldman Sachs Singapore Pte (GSSP) will pay US$122 million to the Singapore government for its role in the 1Malaysia Development Bhd (1MDB) bond offerings.
Fri Oct 23 2020
1MDB: Singapore imposes life ban on BSI Bank's former rep Swampillai

1MDB: Singapore imposes life ban on BSI Bank's former rep Swampillai

The Monetary Authority of Singapore (MAS) has issued lifetime Prohibition Orders (POs) against Kevin Michael Swampillai, a former representative at Singapore Branch (BSIS).
Fri Oct 23 2020
Singapore shortlists 14 applicants for digital bank licences

Singapore shortlists 14 applicants for digital bank licences

It expects to award the licences by the end of the year
Thu Jun 18 2020
Malaysia and Singapore to set up stock market trading link

Malaysia and Singapore to set up stock market trading link

The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia will facilitate the establishment of a stock market trading link between Bursa Malaysia and the Singapore Exchange.
Tue Feb 06 2018
Indonesia says investigating StanChart US$1.4 billion transfer to Singapore

Indonesia says investigating StanChart US$1.4 billion transfer to Singapore

The funds, held by Standard Chartered Plc in Guernsey mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules.
Mon Oct 09 2017
Singapore to launch blockchain project for interbank payments

Singapore to launch blockchain project for interbank payments

This is the first step by Singapore's central bank to explore the use of digital currency.
Wed Nov 16 2016
Singapore ready to curb excessive volatility in Singapore dollar if needed

Singapore ready to curb excessive volatility in Singapore dollar if needed

The Monetary Authority of Singapore (MAS) stands ready to curb excessive volatility in the trade-weighted Singapore dollar if needed.
Fri Nov 11 2016
1MDB: Singapore directs Falcon Bank to stop operations in Singapore

1MDB: Singapore directs Falcon Bank to stop operations in Singapore

The Monetary Authority of Singapore (MAS) has asked Swiss wealth manager Falcon Private Bank Ltd to cease operations in the city state over lapses related to handling 1MDB fund flows.
Tue Oct 11 2016
Singapore maintains US$4 billion loan commitment to IMF

Singapore maintains US$4 billion loan commitment to IMF

Singapore made its initial loan commitment in April 2012 to ensure the IMF has adequate resources to meet potential needs.
Sat Oct 08 2016
Singapore seizes RM710 million assets in 1MDB-related investigation

Singapore seizes RM710 million assets in 1MDB-related investigation

The criminal investigations by CAD are targeted at individuals suspected of committing offences in Singapore related to these fund flows.
Thu Jul 21 2016
Singapore kicks out Swiss bank linked to 1MDB

Singapore kicks out Swiss bank linked to 1MDB

Singapore's central bank on Tuesday said it has ordered the closure of the local branch of Swiss bank BSI, which has been linked to a scandal at Malaysia's troubled state fund 1MDB.
Tue May 24 2016
Panama Papers: Singapore to investigate leaked documents

Panama Papers: Singapore to investigate leaked documents

Singapore said it will investigate if there is any individual or entity in the republic named in the leaked documents from a Panamanian law firm.
Wed Apr 06 2016
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025