Archive for the ‘Government’ Category
Singapore’s Legal Secrecy Fueling Complaints Of One Law for the Rich, Another for the Poor
The Jakarta Globe- June 25, 2012 A plastic surgeon with the unlikely name of Woffles Wu has sparked an online row about whether Singapore’s justice system is biased in favor of the wealthy. To many of the island nation’s increasingly feisty citizens, the government’s denials have been less than convincing. The curious...
Indonesia bank ownership plans to hit DBS buy
JAKARTA, May 31 (Reuters) - Indonesia's central bank said it plans to cap single ownership in the country's banks at 40 percent for new investment, a rule that would scupper a $7.3 billion bid by Singapore's DBS Group Holdings for Bank Danamon, Asia's fourth-largest banking deal. The proposal appeared to be aimed at stopping...
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