Singapore’s central bank has fined Credit Suisse and United Overseas Bank (UOB) for breaches relating to the scandal-hit Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB), it said in a statement on Tuesday The Monetary
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Singaporean linked to terror activities in southern Philippines: MHA
SINGAPORE: A Singaporean man has been implicated in terrorism-related activities in the southern Philippines, said a Ministry of Home Affairs (MHA) spokesperson on Friday (May 26). He has been identified as Muhamad Ali Abdul Rahiman @
Read moreSingapore files written observations over Malaysia’s application to revise judgment on Pulau Batu Puteh
SINGAPORE: Singapore on Wednesday filed its written observations with the International Court of Justice over Malaysia’s application to revise a 2008 judgment that awarded Pulau Batu Puteh or Pedra Branca to the Republic. In a
Read moreRinggit easier against US$ Wednesday
KUALA LUMPUR: The ringgit opened easier against the US dollar Wednesday on mild profit-taking following Tuesday”s gains. At 9.02 am(0102gmt), the local unit was quoted at 4.3020/3050 against Tuesday”s 4.2920/2950. A dealer said the greenback
Read moreChinese deals in Malaysia under scrutiny
China’s growing involvement in Malaysia has been praised and panned in recent years. The Sunday Times looks at how its widening presence is drawing increasing attention in the first of a two-part series. Tomorrow, why
Read moreJitters over China projects with axing of Bandar Malaysia deal
Malaysia’s decision to scrap the sale of a 60 per cent stake in its signature Bandar Malaysia project to a Malaysia-China consortium came as a rude shock, with the fallout set to spread from the
Read more2 drug traffickers arrested, 1kg of heroin worth $64k and $3,400 in cash seized: CNB
SINGAPORE – Two suspected drug traffickers, a Malaysian and a Singaporean, were arrested by Central Narcotics Bureau (CNB) officers in the wee hours of Tuesday (April 11). About 1kg of heroin, worth an estimated $64,000,
Read moreOver 322 cartons of contraband cigarettes seized at Woodlands Checkpoint
SINGAPORE – A sizeable haul of duty-unpaid cigarettes was seized from a Singapore-registered car at Woodlands Checkpoint on Friday (April 7), the Immigration & Checkpoints Authority (ICA) said in a press release. The car was
Read moreFormula One: Malaysia confirms F1 race to be halted from 2018 due to low returns
KUALA LUMPUR (Reuters) – Malaysia confirmed on Friday (April 7) that it will end its contract to host the Formula One Grand Prix race from 2018 due to declining sales. Malaysia’s tourism minister had said
Read moreGirls as young as nine ready for marriage, says Malaysian MP
KUALA LUMPUR • A Malaysian Member of Parliament has sparked outrage in the country by saying that girls as young as nine were “physically and spiritually” ready for marriage. His comments came as the Muslim-majority
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