Wednesday, March 20, 2019 - 20:50:12

Standard Chartered Bank

Trade ministry to inspect major firms

Business

Trade ministry to inspect major firms

The Ministry of Industry and Trade (MoIT) will conduct annual inspections on a number of State and private businesses in different sectors, including those involved in petroleum, telecommunications, pharmaceuticals and multi-level marketing.

WEF ASEAN: Asia has strong fundamentals

World

WEF ASEAN: Asia has strong fundamentals

Asia has strong fundamentals for long-term growth despite trade tensions, dollar strengthening and demographic challenges casting a shadow on the outlook for strong global growth.

Singapore fines Standard Chartered Bank, Trust

World

Singapore fines Standard Chartered Bank, Trust

The Monetary Authority of Singapore (MAS) announced on March 19 it has imposed fines of 5.2 million SGD (about 3.95 million USD) on the Singapore branch of Standard Chartered Bank (SCBS), and 1.2 million SGD (about 910,000 million USD) on Standard Chartered Trust (Singapore) Limited (SCTS).