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Singapore Banks Back Police Controls on Accounts to Avert Scams
Banks in Singapore support a new law that will allow the police to control accounts of holders who they suspect to be scam targets, the city-state’s latest effort to tackle a surge in cases.
Singapore empowers police to freeze bank accounts in scam crackdown
Singapore passed a new law on Tuesday allowing police to freeze bank accounts of scam victims as a "last resort" measure to prevent further losses.
Bank scam sees fraudsters pose as police officers
Suffolk Police said there were at least two reports of people being called by a fraudster who gave a fake officer's name and collar number. In an attempt to gain their trust, the scammers then told their potential victims about supposed fraudulent bank account activity.
Singapore Anti-scam Law Gives Police Power Over Bank Accounts
Singapore has passed legislation giving police unprecedented powers to take control of a person's bank account if there is proof the individual is being scammed.
19h
Singapore Passes Key Bill to Tackle Workplace Discrimination: ST
Singapore’s parliament on Wednesday passed a landmark bill to safeguard workers against biases based on factors such as age ...
6h
Enhanced security checks at all checkpoints into Singapore from Jan 9 to 22
Travellers are advised to factor in additional time for immigration clearance due to delays at the checkpoints. Read more at ...
Hosted on MSN
55m
Singapore passes bill to combat workplace discrimination
The bill protects against unfair treatment based on age, disabilities, nationality, and more. Singapore has announced the ...
2d
Singapore considers law to guard clans, business associations against foreign interference
Singapore introduced legislation on Tuesday to safeguard clans and business associations linked to racial groups against ...
1d
on MSN
Singapore slots itself into the HBM supply chain—key to the AI boom—with a $7 billion Micron investment
It's Singapore's first facility dealing with HBM, part of the AI chips that's powering companies like Nvidia and TSMC to new ...
15h
on MSN
Proposed tax incentives could encourage high-value investments in the Johor-Singapore Special Economic Zone: Economist
Yun Liu of HSBC discusses the economic impact of the Johor-Singapore SEZ and the benefits this cooperation will bring.
2d
on MSN
Malaysia and Singapore agree to launch a special economic zone in a rare move to attract investors
Malaysia and Singapore leaders have signed an agreement to create a special economic zone to attract global investment and ...
5h
Investment banks expect more deal-making activity in Asia and Singapore in 2025
However, the risks include higher-for-longer interest rates and market uncertainty. Read more at straitstimes.com.
1d
on MSN
Kamala Harris will travel to Singapore, Bahrain and Germany touting ‘accomplishments’ of Biden administration
Harris, 60, is expected to meet with foreign leaders and US service members stationed in Singapore, Bahrain and Germany ...
18h
Aelios Raises Offer For Singapore's Suntec REIT
Aelios, owned by Gordon Tang and Celine Tang, has agreed to pay 1.19 Singapore dollars, equivalent to US$0.87, for each Suntec Real Estate Investment Trust unit, the REIT said in a filing to the ...
8h
Singapore tops world’s most powerful passport ranking again
Japan follows closely in second place, while Afghanistan has the least powerful passport. Read more at straitstimes.com.
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