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Southeast Asia financial hub
Rustic islanders off glitzy Singapore face uncertain future
People in wealthy Singapore have taken for granted comforts such as electricity and air-conditioning for decades, but a dwindling band of residents on a tiny island to its east saw the arrival of a solar grid 11 years ago as a miracle they still talk about.
Ultra-rich foreigners in Singapore hesitant to spend amid heightened wealth scrutiny
Singapore banks intensify wealthy client checks after $2.2B money laundering case
Bungalows, cars seized in Singapore's billion-dollar swoop on money laundering
Singapore's police said they have seized S$1 billion (US$734.32 million) in assets from a gang of foreigners laundering proceeds from organized crime, including plush bungalows in the most sought-after addresses, bundles of cash, luxury cars, jewelry, handbags and gold bars.
August 17, 2023 | 09:11 pm PT
