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Singapore proposes new law to curb bank scams
Parliaments

Singapore proposes new law to curb bank scams

Singapore’s Protection from Scams Bill, presented to Parliament on November 11, proposes an unprecedented measure allowing police to issue Restriction Orders (RO) on suspected scam accounts. If it is passed, Singapore will be the first country to grant police authority to intervene in bank transactions to prevent fraud.

RoK, Singapore to deepen AI, defence cooperation
World

RoK, Singapore to deepen AI, defence cooperation

The Republic of Korea (RoK) and Singapore discussed cooperation in artificial intelligence (AI), defence, and supply chain management during talks between Singaporean Prime Minister Lawrence Wong and visiting RoK President Yoon Suk Yeol on October 8.

Singapore dollar hits 10-year high
World

Singapore dollar hits 10-year high

The Singaporean currency (SGD) is trading against the USD at its strongest level in almost a decade, touching new highs in recent weeks amid lower US interest rates coupled with investors' confidence in its resilient economy.