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Singapore

Singapore (i/ˈsɪŋɡəpɔːr/), officially the Republic of Singapore, and often referred to as the Lion City, the Garden City, and the Red Dot, is a global city in Southeast Asia and the world's only island city-state. It lies one degree (137 km) north of the equator, at the southernmost tip of continental Asia and peninsular Malaysia, with Indonesia's Riau Islands to the south. Singapore's territory consists of the diamond-shaped main island and 62 islets. Since independence, extensive land reclamation has increased its total size by 23% (130 km2), and its greening policy has covered the densely populated island with tropical flora, parks and gardens.

The islands were settled from the second century AD by a series of local empires. In 1819, Sir Stamford Raffles founded modern Singapore as a trading post of the East India Company; after the company collapsed, the islands were ceded to Britain and became part of its Straits Settlements in 1826. During World War II, Singapore was occupied by Japan. It gained independence from Britain in 1963, by uniting with other former British territories to form Malaysia, but was expelled two years later over ideological differences. After early years of turbulence, and despite lacking natural resources and a hinterland, the nation developed rapidly as an Asian tiger economy, based on external trade and its human capital.

Singapore dollar

The Singapore dollar or dollar (Malay: Ringgit Singapura, sign: $; code: SGD) is the official currency of Singapore. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

The Monetary Authority of Singapore and the Monetary Authorty of Brunei Darussalam (Autoriti Monetari Brunei Darussalam) still maintain the historic exchangeability of their two currencies, the Singaporean dollar and the Brunei dollar, respectively. The Singapore dollar is accepted as "customary tender" in Brunei according to the Currency Interchangeability Agreement. Likewise, the Brunei dollar is customarily accepted in Singapore.

History

Between 1845 and 1939, Singapore used the Straits dollar. This was replaced by the Malayan dollar, and, from 1953, the Malaya and British Borneo dollar, which were issued by the Board of Commissioners of Currency, Malaya and British Borneo.

Singapore continued to use the common currency upon joining Malaysia in 1963, but only two years after Singapore's expulsion and independence from Malaysia in 1965, the monetary union between Malaysia, Singapore and Brunei broke down. Singapore established the Board of Commissioners of Currency, Singapore, on 7 April 1967 and issued its first coins and notes. Nevertheless, the Singapore dollar was exchangeable at par with the Malaysian ringgit until 1973, and interchangeability with the Brunei dollar is still maintained.

Singapore (1947 film)

Singapore is a 1947 American romance film directed by John Brahm and starring Fred MacMurray and Ava Gardner. The film was remade as Istanbul (1957) with the location moved to Turkey, and Errol Flynn and Cornell Borchers in the starring roles.

Plot

Pearl smuggler Matt Gordon (Fred MacMurray) finds romance with Linda Grahame (Ava Gardner) just before the start of World War II. He proposes to her, and she accepts. However, when the Japanese attack Singapore, the church where she is waiting to marry him is bombed; Gordon searches frantically in the wreckage, but cannot find her. He is forced to sail away on his schooner.

With the end of the war, Gordon returns after five years and is met by Deputy Commissioner Hewitt (Richard Haydn), who is convinced he has returned for a hidden cache of pearls. So are Gordon's old criminal associates, Mr. Mauribus (Thomas Gomez) and his underling Sascha Barda (George Lloyd). Mauribus offers to buy the pearls, but Gordon denies he has any.

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Latest News for: Banking singapore

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Levies to hit SE Asia economies

China Daily 05 Apr 2025
"The ASEAN economies we cover were hard hit by tariffs as we had expected, but the magnitude of the hit is much larger than we (envisaged)," Lavanya Venkateswaran, senior ASEAN economist at the Singapore-based OCBC Bank, wrote in her research note.
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11.5pc tax and overhauling net zero: What Singapore-on-Thames would look like

AOL 04 Apr 2025
Singapore’s first leader, Lee Kuan Yew, was famed for his iron self-discipline ... If a bank or a wealth manager is considering Singapore as a location, the regulator will assign an official to tell the company exactly how it can comply with the rules.
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What Singapore-on-Thames would look like

The Daily Telegraph 04 Apr 2025
Singapore’s first leader, Lee Kuan Yew, was famed for his iron self-discipline ... If a bank or a wealth manager is considering Singapore as a location, the regulator will assign an official to tell the company exactly how it can comply with the rules.
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OCBC’s private bank seeks more staff for Greater China expansion

Straits Times 04 Apr 2025
Bank of Singapore considering adding 20 to 30 relationship managers in 2025 for its Greater China team ....
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Singapore Gulf Bank Now Lets Personal Clients Use Crypto Alongside Forex in Bahrain

Coin Edition 03 Apr 2025
Singapore Gulf Bank launches personal banking integrating crypto & forex services ... Singapore Gulf Bank (SGB) launched their personal banking services, notably allowing integrated crypto transactions ...
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Singapore scammers impersonating officials defraud victims of 460,500 USD since March

Xinhua 03 Apr 2025
SINGAPORE, April 3 (Xinhua) -- At least 614,000 Singapore dollars (about 460,500 U.S ... (1 Singapore dollar equals 0.75 U.S ... Singapore scammers impersonating officials defraud victims of 460,500 USD since March.
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Aspire Secures Capital Markets Services Licence from Monetary Authority of Singapore

Vietnam News 03 Apr 2025
Aspire Secures Capital Markets Services Licence from Monetary Authority of Singapore ... In Singapore, traditional banks offer savings interest rates ranging from 0.01% to 0.25% per annum, leaving small businesses minimal returns on their idle capital.
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Watch for cascading tariffs as tariffs reroute trade within Asia, says economist

CNBC 03 Apr 2025
Radhika Rao, Senior Economist at DBS Bank Singapore talks about how President Trump's reciprocal tariffs will play out in Asia, where countries like India, China and Vietnam stand to take a big hit from high levies ... .
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Global central banks form cross-border payments system

The Philippine Star 03 Apr 2025
he Bangko Sentral ng Pilipinas, alongside other central banks, has formally incorporated Nexus Global Payments (NGP) in Singapore to oversee the operational rollout of the multilateral instant cross-border payments scheme under Project Nexus ....
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Tariffs hit global markets: who are the biggest losers?

Invezz 03 Apr 2025
Global stocks followed ... Rate cuts are now expected in Korea, India, the Philippines, Indonesia, Singapore, and Australia. These cuts range from 50 to 75 basis points as central banks aim to cushion the economic fallout.The bottom line ... ....
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Singapore delegation to meet Andhra Pradesh chief minister Nara Chandrababu Naidu today

The Times of India 02 Apr 2025
He said there would not be any problem with funds as the govt has already tied up with institutions like World Bank, ADB, and Hudco, in addition to central funds, and urged the Singapore delegation to collaborate with AP govt again.
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Banking Singapore’s brains: How the grey matter of the dead can help improve lives

Straits Times 01 Apr 2025
Such research is being done to help prevent, diagnose and treat conditions such as dementia ....
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EPFO expands empanelled banking network, adds 15 more banks

Business Line 01 Apr 2025
... First Bank, UCO Bank, Karnataka Bank, Development Bank of Singapore, Tamilnad Mercantile Bank, Development Credit Bank and Bandhan Bank.
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[INTERVIEW] Demand for Korea Treasury bonds robust due to WGBI inclusion optimism: MarketAxess, NHIS

Korea Times 01 Apr 2025
KTB investors include asset managers, central banks and government pension funds across various geographies such as Singapore, Hong Kong, Japan, Australia and a number of European countries, according to Shah ... Bank of Korea Gov.
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