China backs down on Hong Kong visa plan
HONG KONG: Hong Kong said on Friday that Beijing will suspend a plan to allow millions more mainland Chinese to visit the southern city, in response to a public outcry about the influx of tourists. The plan, which was to have taken effect on September 1, would have loosened visa requirements for mainland visitors and allowed...
Developments in S’pore may impact M’sia banking scene
The Star- July 30, 2012 KUALA LUMPUR: A recent issuance of banking licences in Singapore may have some implications on the Malaysian banking system, according to industry sources. Recently, the Monetary Authority of Singapore (MAS) said it would be granting two full-fledged licences in the city state to two Chinese banks which...
Singapore ranked ‘unhealthiest country’ in Eco2 Index
Singapore - a country that looks good economically - has been listed as the unhealthiest nation in a new economic and environmental index that includes 152 countries around the world. A growing world population, mixed with the threat of climate change and mounting financial problems, has prompted University of British Columbia...
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