Singapore’s central bank on Tuesday said regular surveillance of the country’s US$2 trillion banking system showed Myanmar companies and citizens did not have “significant funds” in the city state.The announcement came as the government – under fire for its links to Myanmar’s military – attracted renewed pressure over foreign reserves purportedly deposited in the island nation.In a statement issued “in response to media queries”, the Monetary Authority of Singapore (MAS) also said that it….


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South China Morning Post

Checkout this section for curated News, Articles & Videos published worldwide by South China Morning Post, a Hong Kong English-language newspaper.

Checkout this section for curated News, Articles & Videos published worldwide by South China Morning Post, a Hong Kong English-language newspaper.

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