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Moody say Sinki has alot risk de woh, how Boss John?

k1976

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Money laundering events in Singapore up 79% in 2023: Moody’s​

There’s an increasing risk of these in the Republic’s financial sector, says the credit ratings agency

Tan Nai Lun

Tan Nai Lun

Published Fri, Jun 28, 2024 · 05:45 PM

MONEY laundering events in Singapore rose 79 per cent in 2023 from 2022, according to data from credit ratings agency Moody’s.

Singapore may be susceptible to increased money laundering risks, with its open economy and high volume of international transactions, said Chua Choon Hong, senior director and head of the financial crime practice group for Asia-Pacific and the Middle East at Moody’s.

He noted an increasing risk of money laundering in the Republic’s financial sector, despite the country’s strong compliance reputation, as highlighted in the Monetary Authority of Singapore’s money laundering national risk assessment.


This suggests a potential complacency among financial institutions and designated non-financial businesses and professions, Chua said.

“While increased regulatory scrutiny may lead to higher compliance costs, it is essential for fostering trust in the integrity of the economy, promoting trade and transactions in the region, as well as mitigating the impact of financial crime.”

Moody’s database noted a steady increase in money laundering events across the Asia-Pacific region from 2018 to 2023.
 

Loofydralb

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Ever since the casinos opened, Singapore has been built on laundered money.
And everybody pretends not to see the elephant in the room.
 
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k1976

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S'pore & M'sia cooperate closely on counter-terrorism, what happens in M'sia impacts S'pore's security​

mothership.sg4 hours ago

The minister noted that the ideology of IS continues to resonate in the region, including in Singapore.​

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Singapore's security is closely tied with that of Malaysia's, and due to our proximity, what happens in Malaysia will have an impact on Singapore's security landscape, Home Affairs and Law Minister K Shanmugam said on Jun. 28.

The minister was speaking at a doorstop pertaining to the recent incident in Malaysia, which involved the arrest of eight people on Jun. 22 and 23 on suspicion of links to terror groups Daesh and the Islamic State (IS).

The Malaysian government also identified possible threats against the Malaysia Agong (king), Sultan Ibrahim Iskandar and Prime Minister Anwar Ibrahim.

Singapore works closely with Malaysia and shares intelligence​

Shanmugam added that currently, more than 460,000 travellers cross the border between Singapore and Malaysia daily.
 

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https://www.bloomberg.com/news/arti...r-defends-blackrock-over-anti-israel-protests

Hamas-Backing Anwar Defends BlackRock in Face of Israel Protests​

  • Protesters want Anwar to nix airport deal involving BlackRock
  • Anwar: ‘Not realistic’ to cut ties with companies over Israel


Anwar Ibrahim at a pro-Palestinian rally in Kuala Lumpur.

Anwar Ibrahim at a pro-Palestinian rally in Kuala Lumpur.Photographer: Samsul Said/Bloomberg
By Ram Anand
June 28, 2024 at 3:04 PM GMT+8
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Malaysian Prime Minister Anwar Ibrahim has been a fierce critic of Israel over its war against Hamas.

Now he’s resisting pressure from his own critics to nix a multi-billion dollar Malaysian airports privatization deal involving BlackRock Inc. over its ties to Israel.
Anwar told parliament this week that it was “not realistic” to cut ties with any company for links to Israel.

Then he sought to reassure US investors that his government had no issue with BlackRock, which bought Global Infrastructure Partners — a member of the consortium taking over Malaysia Airports Holdings Bhd — for 12.3 billion ringgit ($2.6 billion).

 

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Singapore looking forward to strengthening links with Malaysia over next 100 years: PM Wong​

businesstimes.com.sg52 minutes ago

Singapore is looking forward to “more win-win projects” with Malaysia, said Prime Minister Lawrence Wong in a Facebook post on the 100th anniversary of the Johor-Singapore Causeway on Friday (June 28).


Both countries are currently working on projects in areas such as health, education, culture and trade, as well as emerging areas like the digital economy and renewable energy, he added.

“For the past 100 years, this has served as a link between our two peoples,” PM Wong wrote. “I look forward to strengthening the links and our relationship for the next 100 years.”

Officially opened on June 28, 1924, the Causeway is now one of the busiest border crossings in the world, with an estimated 300,000 people using this connection daily.

In 1976, it was widened from three lanes to six.

To celebrate the Causeway turning 100 years old, Foreign Minister Vivian Balakrishnan attended a celebration ceremony held at the midpoint of the Causeway on the morning of June 28.
 

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Asia

‘Symbol of bonded kinship’: Singaporeans, Malaysians laud importance of Causeway as motorway celebrates 100 years​

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Asia

‘Symbol of bonded kinship’: Singaporeans, Malaysians laud importance of Causeway as motorway celebrates 100 years​

In spite of the perennial congestion issues and more alternative travel options on the cards, frequent travellers told CNA the Johor-Singapore Causeway is likely to continue to be a popular choice over the next decades.
‘Symbol of bonded kinship’: Singaporeans, Malaysians laud importance of Causeway as motorway celebrates 100 years

File photo of the Johor-Singapore Causeway taken from Johor Bahru. (Photo: CNA/Ahmad Zamzahuri Abas)

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11 min
This audio is generated by an AI tool.

Amir Yusof
Amir Yusof
28 Jun 2024 06:00AM (Updated: 28 Jun 2024 07:45PM)
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JOHOR BAHRU/SINGAPORE: The Johor-Singapore Causeway has been a big part of Mdm Samsiah Isnin’s life.
The 73-year-old Singaporean lives in a Housing and Development Board (HDB) flat at Marsiling Lane and her block faces the 1.05 kilometre-long bridge which connects Singapore and Johor Bahru.

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“The Causeway is always crowded, morning or night. People going to work, or travelling for leisure … the bridge never sleeps,” said Mdm Samsiah.
samsiah_isnin_1.jpg
Mdm Samsiah Isnin travels across the Causeway around thrice a month to see her siblings who are based in Batu Pahat. (Photo: CNA/Ahmad Zamzahuri Abas)
Besides the Causeway being a key physical landmark close to where she lives, it also serves as a connector for her to be close with her family on the other side of the border.
The housewife travels across the Causeway frequently with her husband to visit her siblings who live in Batu Pahat, a town in southern Johor located about a two-hour drive away from the land checkpoint.
“We will go and see them twice or thrice a month. We go often because my siblings are there, and when we meet them we are happy. We chat, have meals together and stay overnight at their place … Travelling across the Causeway allows us to enjoy this.
“I’ve been using the Causeway from when I was 19 years old until I’m 73 today. The Causeway (in essence) has not changed much, it is always jammed and the fact that it's crowded shows how important it is to all of us - Singaporeans and Malaysians,” said Mdm Samsiah.

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She will be moving soon to Choa Chu Kang after the Singapore authorities acquired blocks in her neighbourhood as part of plans to redevelop and extend the existing Woodlands Checkpoint.

On Friday (Jun 28), the Causeway celebrates its centennial anniversary, having served as a connector across the Johor Straits for 100 years.
Today it has become one of busiest land crossings in the world, with an estimated 300,000 commuters passing through daily. And this figure is expected to grow with Singapore’s Immigration and Checkpoints Authority projecting traffic volume at the Causeway to increase by 40 per cent by 2050.
Frequent commuters, like Mdm Samsiah, have paid tribute to how the Causeway has played a pivotal role in their lives.
Additionally, in spite of congestion issues and plans to offer travellers more alternative modes of travel, many believe that the Causeway will continue to be relevant for commuters on both sides of the border.
 

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More Malaysians seeking jobs in Singapore amid weakening ringgit, inflation: Recruiters​

One headhunting agency has observed up to 30 per cent more applications from Malaysians in the past three months, compared with the same period a year ago.
More Malaysians seeking jobs in Singapore amid weakening ringgit, inflation: Recruiters
Travellers making their way to Bangunan Sultan Iskandar to cross the Woodlands Causeway and enter Singapore. (File photo: CNA/Fadza Ishak)

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1 min
This audio is generated by an AI tool.

Natasha Ganesan
Natasha Ganesan
16 Apr 2024 06:00AM (Updated: 16 Apr 2024 02:36PM)
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SINGAPORE: To get to her office in Singapore on time, admin exec Gunavathi Chinasamy has to be at Johor Bahru Customs at least two hours before 10am.
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And after the 29-year-old knocks off at 6pm, she reaches her Malaysian home at around 10pm.

This has been the JB native's daily routine for nearly a decade now. Yet she would not have it any other way.

Ms Gunavathi, who works at an employment agency, currently earns between S$2,500 and S$2,800 (US$1,837 to US$2,058) a month. At interviews for similar roles in Malaysia, she was offered around RM3,000 (US$628).
"If I’ll be paid (more) for the same amount of energy and effort that I put into work just by crossing a country two hours earlier, I think I would take that option," she told CNA.
 

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Back in Jan 24 -65% complete​

Construction of JB-Singapore RTS link 65% complete; on track for end-2026 start​

Tay Peck Gek

Tay Peck Gek​

Published Thu, Jan 11, 2024 · 09:00 AM
Rail Link



  • Construction of the Johor Bahru-Singapore Rapid Transit System Link across the Strait of Johor has crossed the 50 per cent mark on both sides, as seen in this photo taken on Nov 28, 2023. Set to be operational by end-2026, the 4km rail shuttle service has the capacity to carry 10,000 passengers every hour in each direction between Woodlands North MRT station in Singapore and Bukit Chagar in JB. This is expected to ease congestion on the Causeway, which is used by hundreds of thousands of people daily.



  • In an update on the project’s development, the ministries say the 17.1 metre-long connecting span was completed in end-December 2023. PHOTO: BT FILE
  • In an update on the project’s development, the ministries say the 17.1 metre-long connecting span was completed in end-December 2023. PHOTO: BT FILE
  • In an update on the project’s development, the ministries say the 17.1 metre-long connecting span was completed in end-December 2023. PHOTO: BT FILE
  • In an update on the project’s development, the ministries say the 17.1 metre-long connecting span was completed in end-December 2023. PHOTO: BT FILE
  • In an update on the project’s development, the ministries say the 17.1 metre-long connecting span was completed in end-December 2023. PHOTO: BT FILE

[JOHOR] The Johor Bahru (JB)-Singapore Rapid Transit System (RTS) Link – a 4 km light rail that will ferry passengers between Woodlands North in Singapore and Bukit Chagar in JB – has reached 65 per cent completion as at Dec 31 last year.
The cross-border project, which is on track to begin operations by December 2026, reached a “significant milestone” with the completion of the connecting span, which connects the marine viaduct between Malaysia and Singapore, said the two countries’ transport ministries on Thursday (Jan 11).
Singapore Prime Minister Lee Hsien Loong and Malaysia Prime Minister Anwar Ibrahim were at the RTS Link Marine Viaduct site in the Strait of Johor on Thursday to grace a ceremony to commemorate the milestone.
 

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Now 80% COMPLETE

JB-Singapore RTS Link project reports steady progress, nears 80% completion​

2023122141918716ga39373.jpg

The RTS Link is a 4km light rail transit shuttle service between Bukit Chagar station in Johor Bahru and Woodlands North station in Singapore. ST PHOTO: GAVIN FOO
UPDATED

JUN 13, 2024, 02:53 PM

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JOHOR BAHRU – The construction of the Rapid Transit System (RTS) Link project between Johor Bahru and Singapore is progressing as scheduled, reaching 77.61 per cent completion as at May 31.
Malaysia’s Mass Rapid Transit Corporation (MRT Corp) said the maintenance depot, a key part of the railway infrastructure located in the Wadi Hana area of Johor Bahru, is 82.14 per cent ready and is set for system installation by the end of the year.
“Currently, the track-level floor and architectural, mechanical and electrical works, as well as external works, are progressing well,” it said in a statement on June 11.
 

k1976

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Soon 鬼门关大开,100% hungry ghost come in mornung, cheong back in evening

SG will really be a Ghost City...
Rental market jiu huat Big Big, right Boss John?
 
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