
Asia’s Rich Are Wary of Private Bankers
(30 Aug) - Clinton Ang, the grandson of a Chinese merchant who emigrated to Singapore in the last century, oversees a fortune valued at almost $80 million for himself and three siblings. That makes him a prime prospect for wealth managers in Singapore, the private banking capital of Asia. Yet the 39-year-old managing director...

Tiny Singapore risks economic gloom without big baby boom
(30 Aug) - History suggests Singapore will enjoy a welcome baby boom in this Year of the Dragon, the most auspicious for births in the Chinese zodiac. But after 25 years of state-sponsored matchmaking and fertility-boosting campaigns, the government's attempts to arrest a sliding birth rate are falling flat, with potentially...

MOFA warns of job scams overseas after S’pore hostess bar incident
Hostess at a KTV Bar in Chinatown (29 Aug) - There have been several cases recently involving victims falling for overseas job schemes, MOFA (Taiwan) said in a statement. Many of these instances saw Taiwanese securing a job offered by a foreign company only to later be paid salaries substantially lower than promised. Other victims...
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