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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
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024