Singapore to stop issuing 1,000 SGD notes World

Singapore to stop issuing 1,000 SGD notes

Singapore will stop issuing 1,000 SGD notes from January 1 next year to reduce money laundering and terrorism financing risks, said the Monetary Authority of Singapore (MAS) on November 3.
Indonesia’s foreign debts hit 408.6 bln USD World

Indonesia’s foreign debts hit 408.6 bln USD

Indonesia’s foreign debts in the second quarter of 2020 were recorded at 408.6 billion USD, consisting of debts of the public and private sectors, according to the Bank of Indonesia (BI).
Promoting e-payment to prevent nCoV spreading Business

Promoting e-payment to prevent nCoV spreading

Banknotes, which go from people to people, are a high-risk source of spreading virus. The habit of using cash among 90 percent of the population makes the banknotes, regardless of their materials as paper or polymer, a potential harmful factor to public health, which can transmit not only corona virus but many other diseases.
Singapore expected to ease monetary policy soon World

Singapore expected to ease monetary policy soon

As Singapore continues to see sluggish trade and growth data, with core inflation at a three-year low, economists forecast the central bank to ease monetary policy in its upcoming review and provide some support to the economy.
Holiday season is prone to fires Society

Holiday season is prone to fires

Fire prevention police across Vietnam have issued warnings on the use of fire, electricity and petrol during the Tet (Lunar New Year) holiday.
Toll charges waived at central toll station Society

Toll charges waived at central toll station

Certain types of vehicles will be exempt from paying tolls at Ben Thuy I toll station connecting the central provinces of Nghe An and Ha Tinh, the Ministry of Transport (MoT) has said.