Singapore and Britain agree 'landmark' financial services link-up; S'pore central bank target GDP growth above 6%

SINGAPORE, July 3 (dpa): Singapore and former colonial power Britain earlier this week has announced plans to forge closer business and finance ties.

The Monetary Authority of Singapore (MAS) said the agreement, which was signed by Britain's finance minister Rishi Sunak and MAS Chairmain Tharman Shanmugaratnam, is based on "commitment by the UK and Singapore to build a more comprehensive and enhanced relationship in financial services."