The Monetary Authority of Singapore has ordered a Swiss merchant bank to close and fined two other banks for breaching anti-money laundering controls. The action follows an investigation into money flows linked to the Malaysian
Read moreCategory: Asia
Thailand – Ailing Thai king undergoes blood purification
The Thai king’s health appears to have deteriorated further according to royal medical bulletin that says he underwent a procedure to purify his blood amid other physiological complications related to the heart. A statement issued
Read moreFurther fraud charges slapped on cult leader
The National Police Criminal Investigation Department (Bareskrim) has named cult leader Dimas Kanjeng Taat Pribadi a suspect for allegedly defrauding people of Rp 25 billion (US$1.92 million) by claiming to be able to multiply banknotes
Read moreWhat flats can a senior citizen buy and can she appoint someone to buy it on her behalf?
Taken from the The Strait Times by Janice Heng Reader Nancy Goh, a single senior citizen Singaporean now working in the United States, intends to return home when she retires within the next five
Read moreE-scooter sales take off after e-bike safety rules kick in
Scoot, e-bikes. E-scooters have become more popular with consumers here, in tandem with a decline in interest in motorised bicycles. Some shops now sell hundreds of e-scooters a month, while sales of e-bikes are negligible. Retailers
Read moreIranian Firms Interested injoint project with China over the Nicaragua Canal Project
Iranian companies are interested in contributing to the construction of a massive canal across Nicaragua that a Chinese company is to build, Foreign Minister Mohammed Javad Zarif said Wednesday. Representatives of private Iranian construction companies
Read moreSeven Weird Facts About China’s Newest Glass Bridge
Any tourist not afraid of heights must rejoice! China finally opened the long awaited Zhangjiajie Grand Canyon Glass Bridge. Announced in 2012, construction of the skywalk began in late November 2014. Designed by Israeli architect
Read moreThe place to invest in Asia- Malaysia
1: Kuala Lumpur, Malaysia Good: Low transaction costs, high yields for luxury apartments, reforms improved rental market. Bad:High rental income tax, pro-tenant rental market. The economy is slowing, the ringgit is depreciating, and there’s a
Read moreUS shuts down sex trafficking ring targeting Thai women
US prosecutors say they have shut down an international sex trafficking ring in an operation stretching from Thailand to the US. Twelve Thai nationals and five Americans were charged with illegally transporting hundreds of women
Read morePolice in India detain 750 over US call centre scam
Police in the western Indian city of Thane have arrested more than 750 people suspected of defrauding US citizens from a fake call centre. Officers say the suspects obtained lists of US tax defaulters and
Read more