Category Archives: Business and Finance

Reply to Parliamentary Question on terms of operations for virtual banks

Name and Constituency of Member of Parliament Mr Saktiandi Supaat, MP, Bishan-Toa Payoh GRC Question: To ask the Prime Minister (a) what are the operating terms for virtual banks as compared with traditional banks; (b) whether MAS will ensure that… Read More

Reply to Parliamentary Question on impact on Singapore’s economy arising from inclusion to the US Treasury report

Name and Constituency of Member of ParliamentMr Pritam Singh, MP, Aljunied GRCQuestion:To ask the Prime Minister what is the impact on Singapore’s economy arising from the US Treasury adding Singapore to a watch-list of currency manipulators.Answer by Mr Tharman Shanmugaratnam,… Read More

Reply to Parliamentary Question on impact on Singapore’s economy arising from inclusion to the US Treasury report

Name and Constituency of Member of ParliamentMr Pritam Singh, MP, Aljunied GRCQuestion:To ask the Prime Minister what is the impact on Singapore’s economy arising from the US Treasury adding Singapore to a watch-list of currency manipulators.Answer by Mr Tharman Shanmugaratnam,… Read More

Reply to Parliamentary Question on Facebook’s plans to introduce the Libra cryptocurrency

Name and Constituency of Member of Parliament Miss Cheryl Chan Wei Ling, MP, Fengshan SMC Question: To ask the Minister for Finance in light of Facebook’s plans to introduce the Libra cryptocurrency, whether the Ministry will consider introducing regulatory changes… Read More

Restructure Business, Industrial Ecosystems to Meet Future Needs: Dr M

KUALA LUMPUR, Business and industrial ecosystems need to be restructured to meet the needs of the future with the adoption and application of digital and innovative technologies, coupled with effective management and high value-added skills of the local talents, said… Read More

Government to Introduce Estate Farming to Increase Smallholders’ Income

PUTRAJAYA, The government will introduce an estate farming model to increase income of smallholders in rural areas, said Prime Minister Tun Dr Mahathir Mohamad.Through the model, he said, land belonging to smallholders would be merged and managed professionally like an… Read More

MP Presents Labuan Economic Plan to Dr Mahathir

LABUAN, Labuan MP Datuk Rozman Isli has submitted an economic development plan of the Labuan Development Foundation (YPL) to Prime Minister Tun Dr Mahathir Mohamad. He presented the plan to the Dr Mahathir yesterday at the Prime Minister’s Office. Speaking… Read More