Showing 1 - 10 of 88
Singapore wealth flows face renewed scrutiny in superhacker case
Bloomberg News, Published on 31/05/2024
» SINGAPORE- Before he was arrested this month for allegedly running what is likely the world's largest cybercrime computer network, Wang Yunhe enjoyed a lavish lifestyle in Singapore.
Singapore bank sues money laundering suspect for $15 million
Bloomberg News, Published on 01/12/2023
» SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.
Singapore to inspect Credit Suisse, others in $2bn scandal
Bloomberg News, Published on 18/10/2023
» SINGAPORE - Financial regulator in Singapore will conduct an on-site inspection of Credit Suisse Group after at least one of its customers was charged for money laundering in a scandal that has rocked the city-state.
World Bank cuts growth estimates for East Asia as China falters
Bloomberg News, Published on 02/10/2023
» SINGAPORE - Developing economies in East Asia and the Pacific are set to see slower growth this year and next as the region reels from the impact of tighter finances and a weak global environment, according to the World Bank’s latest report.
Thailand mulls easing visa rules to lure Chinese, Indian tourists
Bloomberg News, Published on 30/08/2023
» Thailand is likely to ease visa rules for Chinese and Indian travellers and allow longer stays for visitors from all nations as new Prime Minister Srettha Thavisin looks for ways to boost tourism revenue to nearly US$100 billion next year.
Thailand pushes yuan, ringgit use to curb baht volatility
Bloomberg News, Published on 08/08/2023
» Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official.
Bali seeks new kind of tourist after kicking out 136 unruly visitors this year
Bloomberg News, Published on 09/06/2023
» Indonesia’s paradise island teeming with beaches and lush rice fields wants to refocus its tourism away from guests who tend to misbehave and instead lure talented nomads, retirees and health buffs.
Weak baht aids tourism resurgence and growth: Arkhom
Bloomberg News, Published on 19/10/2022
» A weaker baht is supporting Thailand’s post-pandemic tourism recovery, which is key to shoring up the nation’s economic performance, according to Finance Minister Arkhom Termpittayapaisith.
Hotel occupancy rate bounces back as tourist arrivals jump
Bloomberg News, Published on 08/09/2022
» A rebound in foreign tourist arrivals into Thailand is pushing up the country's hotel occupancy rate from a record low during the Covid-19 pandemic, according to a survey.
Thailand joins race to lure foreigners in path to economic boom
Bloomberg News, Published on 01/09/2022
» Thailand is rolling out the red carpet for foreign workers, joining a bevy of countries looking to use the immigration route to boost their economies.