Remittance companies in Singapore have been directed to suspend the use of non-bank and non-card channels for cross-border money transfers to China from Jan 1 to March 31, 2024. This decision comes after more than 670 reports of frozen remittances through such channels, involving a total amount of around $13 million.
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Singapore Experts Recommend Sustainability Measures for Manufacturing CompaniesThe Institute of Singapore Chartered Accountants (ISCA), Singapore Manufacturing Federation (SMF), Deloitte, and Singapore Management University (SMU) have listed five recommendations for manufacturing companies to accelerate their sustainability transformation. Creating a Chief Financial and Sustainability Officer (CFSO) position and integrating sustainability into operations are among the suggestions.
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