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Business 23 Oct 2008 | 12:00 AM

Singapore says banks interested in Lehman bonds

SINGAPORE (AP) - Singapore's central bank said two banks have shown interest'' in assuming obligations on 640 million Singapore dollars (US$432 million) of bonds linked to bankrupt U.S. brokerage Lehman Brothers Holdings Inc.

Business 26 Jul 2007 | 12:00 AM

Faster growth may spur S’pore inflation

The city-state's economy may accelerate in the second half as manufacturing and services industries expand, the central bank said, underscoring the need for policy makers to remain alert on inflation.

Business 29 Sep 2006 | 12:00 AM

UBS to open private banking school in Singapore

UBS AG plans to open a private banking school in Singapore in the first quarter of next year as it seeks to grow the number of client advisers in Asia by more than 20% annually.

Business 21 Jul 2006 | 12:00 AM

Singapore to maintain growth

Singapore's economic growth accelerated in the first half and will maintain its 'momentum' for the rest of the year as higher global demand for electronics fuels exports, the central bank said.

Business 13 Jun 2006 | 12:00 AM

Singapore to boost Islamic financing

Singapore will allow banks to offer investment products through so-called I>Murabahah,/Iexpanding the city-state's Islamic financial offerings, said Heng Swee Keat, managing director of the Monetary Authority of Singapore.

AseanPlus News 21 Aug 2004 | 12:00 AM

Goh will helm monetary authority for two years

Senior Minister Goh Chok Tong has been officially appointed chairman of the Monetary Authority of Singapore (MAS) with effect from yesterday for a period of two years.