Singapore News Headlines

  • China-backed infrastructure bank operational by end-2015: statement
    China-backed infrastructure bank operational by end-2015: statement

    The China-led Asian Infrastructure Investment Bank (AIIB) will be operational by the end of this year, prospective founding members said Friday after a three-day meeting in Singapore to discuss policies. The chief negotiators' meeting involving the AIIB's 57 prospective members "concluded discussions and finalised the articles of agreement for the AIIB," said a statement by the bank's interim multilateral secretariat. The articles of agreement are expected to be "ready for signing by the end of June and the AIIB would be operational by the end of this year," the statement said.

  • Amitabh Bachchan invests in Singaporean firm
    Amitabh Bachchan invests in Singaporean firm

    The Bollywood star and family invested around USD250k in a Singapore-based file sharing portal

  • Show 1MDB statements to combat public distrust, says DAP

    Putrajaya should now demand account statements from debt-ridden 1Malaysia Development Bhd (1MDB) and disclose the information to the public to remedy its incompetence in mistaking cash for assets held in BSI Bank in Singapore, DAP said today. The party's national publicity secretary Tony Pua said the explanation by Second Finance Minister...