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Indonesia to bring home tax money parked in Singapore

July 13, 2017 Asia12345 Asia, Economy, Hong Kong, Indonesia, Jakarta, Singapore

The government is to hunt down tax money from Indonesians who park their money in Singapore, following an offer from Singapore to allow Indonesia to access the financial data of Indonesians in the neighboring country. Singapore and

Singapore central bank to set up dedicated teams to combat money laundering

June 13, 2016 David Lawless Asia, MAS, News, Singapore

SINGAPORE – The Monetary Authority of Singapore (MAS) will set up dedicated departments to combat money laundering and strengthen enforcement, it said on Monday. This will take effect on Aug 1. Singapore’s financial sector faces the

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