Temasek will be establishing offices in Riyadh, Saudi Arabia and Abu Dhabi, United Arab Emirates (UAE) as part of its plans to expand its Middle East presence. In a press release on Sep. 30, Singapore's state investment fund announced its intention to "deepen engagement" in the r...
A Malaysian man, 72, said that he and his wife deposited RM1 million (S$313,000) to a bank in Aug. 25, 2006. According to Sinchew , he money was purportedly placed in two fixed deposit accounts, each with a 2-year lock-in period. The man said he ended up not withdrawing the money...