US blacklists SG shipping company over N Korea links
WASHINGTON (AP) — The Treasury Department blacklisted Thursday a Singapore-based shipping company for allegedly supporting a North Korean firm accused of illicit weapon shipments. The financial sanctions were announced against Senat Shipping Company and Senat's president, Leonard Lai, and on a vessel, "Dawnlight," in which...
Singapore’s economic growth is unlikely to weaken
Singapore, July 21 (IANS) The growth momentum for Singapore's economy is unlikely to weaken in the second half of 2015, the Monetary Authority of Singapore (MAS) said on Tuesday. Singapore's GDP increased 2.3 percent for the first half of this year on a year-on-year basis, staying in the lower half of Singapore government's...
SG freezes accounts linked to probe of 1MDB
Yahoo - AFP - 23 July 2015 Singapore police on Wednesday confirmed they had frozen two bank accounts as part of an investigation into possible money-laundering offences related to troubled Malaysian state investment firm 1MDB. The company is under investigation by Malaysian authorities following reports of irregularities including...
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