SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed S$27.45 million (US$21.55 million) in penalties on nine financial institutions for breaches related to the 2023 money laundering case …
MAS issues $27.45m in penalties to 9 financial institutions over $3b money laundering case
The Monetary Authority of Singapore (MAS) issued composition penalties amounting to $27.45 million to nine financial institutions (FIs) for anti-money laundering breaches connected to the $3 billion …
City Developments, UOL Shares Drop After Singapore Tightens Property Curbs
The government has been trying to rein in home prices in the city-state—one of the world’s most expensive property markets.
Higher seller’s stamp duty for Singapore private homes; holding period increased from three to four years
SINGAPORE: Private property owners who sell their homes within four years of the purchase will incur a seller’s stamp duty (SSD) and pay a higher rate, the Ministry of National Development (MND) …
UK and Singapore Forge New AI and Tokenization Pact in London Talks
Officials are exploring cooperation in digital finance, ranging from asset tokenization to artificial intelligence.
Singapore Dollar Consolidates Amid Concerns Over U.S. Tariffs
The Singapore dollar consolidated against its U.S. counterpart during the Asian session amid concerns over tariffs.
FSMONE MALAYSIA RECOMMENDED UNIT TRUSTS AWARDS: DIVERSIFICATION KEY AMID 2025 MARKET VOLATILITY
FSMOne Malaysia expects global financial markets to remain volatile in 2025 but sees selective opportunities in Global Technology, Japan, Singapore and, cautiously, Malaysia. China is emerging as a …
FSMONE MALAYSIA RECOMMENDED UNIT TRUSTS AWARDS: DIVERSIFICATION KEY AMID 2025 MARKET VOLATILITY
FSMOne Malaysia expects global financial markets to remain volatile in 2025 but sees selective opportunities in Global Technology, Japan, Singapore and, cautiously, Malaysia. China is emerging as a …
UOB Hong Kong Becomes First Singapore-based Bank to Sign MOU With HKTDC
Strengthening GBA-ASEAN Connectivity HONG KONG – July 3, 2025 (NEWMEDIAWIRE) – UOB Hong Kong and the Hong Kong Trade Development Council (HKTDC) signed a landmark Memorandum of Understanding (MOU) at …
Singapore’s energy vulnerability paradox: How board directors must navigate hidden energy risks
While Singapore appears resilient to energy shocks, with academic research showing GDP actually increases by 0.96% when oil prices rise, this surface-level stability masks structural vulnerabilities.