Singapore opens gold vault to foreign central banks in race to become Asia’s gold hub
Singapore has opened its national gold vault to foreign central banks, a move analysts say will sharpen its head-to-head rivalry with Hong Kong for the title of Asia’s leading bullion hub. The Monetary Authority of Singapore (MAS) has announced that it would store gold for overseas central banks, international financial institutions and sovereign entities in its currency vault. The facility can hold 500 tonnes and has room for expansion. Deputy Prime Minister Gan Kim Yong, who chairs the...
Read full articleMORE NEWS
Australian police tip leads to Chanthaburi child-porn arrest
Australian police tip leads to Chanthaburi child-porn arrest
Loy Krathong airfare inflation upsets travellers
Loy Krathong airfare inflation upsets travellers
Lawyer Arnon loses another lese-majeste appeal
Lawyer Arnon loses another lese-majeste appeal
Another unusually wealthy civil servant indicted
Another unusually wealthy civil servant indicted
B320 million in assets linked to exam scandal targeted
B320 million in assets linked to exam scandal targeted
Western section of Orange Line makes progress
Western section of Orange Line makes progress
Government seeks to phase out gasohol 91 and 95
Government seeks to phase out gasohol 91 and 95