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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
Sacked AG jointly leads 1MDB Special Task Force

Sacked AG jointly leads 1MDB Special Task Force

It is widely understood that both Gani and Abu Kassim were dismissed from their duties by former Prime Minister Datuk Seri Najib Tun Razak in 2016 because of their involvement over the 1MDB matter
Mon May 21 2018
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
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024