Speaking at the Singapore Chinese Chamber of Commerce of Industry's 110th anniversary dinner, Prime Minister Lee Hsien Loong says the Chinese Chamber's historic roots in helping immigrants from China settle in Singapore has helped build networks with China, Singapore's largest trading partner.
The purchase of in-game items or power-ups using real money is now a standard fixture of modern gaming - and experts say these virtual economies could create opportunities for money launderers posing as gamers.
Five memorandums of understanding (MOUs) were signed on Monday (Sep 19) between Chinese bank ICBC and Singapore firms, such as SGX, SBF and Surabaya Jurong.
The changes to the Consumer Protection (Fair Trading) Act (CPFTA) include giving SPRING Singapore investigative and enforcement powers to take action against recalcitrant retailers.
The upcoming Funan integrated development will include a Golden Village cinema, indoor climbing gym as well as a click-and-collect shopping experience.
The outbreak of the Zika virus is unlikely to have a significant impact on the Singapore economy, the managing director of the Monetary Authority of Singapore, Ravi Menon, said on Tuesday (Sep 6).
The move is in response to feedback from some borrowers, who are unable to refinance existing property loans due to the application of the 60 per cent Total Debt Servicing Ratio threshold.
Analysts say the increase was contained to a small number of sectors, indicating the Ministry of National Development’s reaction to recent land tender bids. Only a third of 118 sectors were affected, with the rates for the remaining 79 sectors unchanged.
The RT ASEAN Network aims to meet the needs of businesses looking to expand in the region, in light of rising cross-border transactions.
Homegrown company Tong Chiang Group is a beneficiary, winning a deal with Korean food company Korea Bio Plant to bring its instant steamed rice technology to China.