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Jun 17, 2024 · To be sure, as a small, open economy, Singapore is structurally exposed to money laundering, especially if it wants to develop wealth management. In 2022, it had S$4.9 trillion assets under management, many times over its GDP. Only 24 per cent of these funds were sourced domestically, and 88 per cent were invested into assets outside of Singapore.
Business & Finance News - Get latest Business & Finance News today in Singapore, Asia & World includes property, banking, economy, SMEs, companies & market news at straitstimes.com.
4 days ago · SINGAPORE – Singapore’s manufacturing output turned positive in May, fuelled by a rebound in the key electronics sector. Total output grew a better-than-expected 2.9 per cent year on year in ...
