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.
PM requests economic recovery be accelerated Business

PM requests economic recovery be accelerated

All-level authorities and sectors need to adopt recovery acceleration plans for the remaining two months of the year for the country to record annual growth of 2-3 percent, Prime Minister Nguyen Xuan Phuc said at the Government’s monthly meeting on October 30.
Vietnam’s COVID-19 control fuels economic growth: expert   Business

Vietnam’s COVID-19 control fuels economic growth: expert

Vietnam’s containing of the COVID-19 pandemic allowed quick reopening of local businesses, and the country is now expected to be the world’s fastest growing economy in 2020, said Ruchir Sharma, the chief global strategist at Morgan Stanley Investment Management.
ASEAN reviews intra-bloc finance cooperation ASEAN

ASEAN reviews intra-bloc finance cooperation

Finance ministers from ASEAN countries and representatives of international organisations looked into the regional financial situation and development issues during the 24th ASEAN Finance Ministers’ Meeting held online on October 2.
Vietnam wary of housing bubble Business

Vietnam wary of housing bubble

Relevant ministries, sectors and localities should focus demand-supply forecast, and be cautious of the property market developments to prevent a housing bubble this year, Deputy Prime Minister Trinh Dinh Dung said at a recent meeting.
Singapore to extend debt relief scheme World

Singapore to extend debt relief scheme

Singapore will soon adjust its debt moratorium schemes, with the regulator looking to extend the programmes to certain borrowers beyond December 31 this year, while also ensuring that those with the ability to pay should begin repayment before the moratoriums expire.