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Asia’s Rich Are Wary of Private Bankers

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

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

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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