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Jetstar Asia aims to strengthen freight business in Asia

JETSTAR Asia is seeking to grow its freight business as e-commerce continues to pick up pace in the region. The budget carrier has appointed ECS Group (Asia Pacific) as its general sales agency for its freight business at Changi Airport and 25 ports across its network. From Oct 22, ECS will handle Jetstar Asia's freight sales, reservations and processes to enable cargo to be carried smoothly thro...


Singapore to step up fight against money laundering

AS A sophisticated financial centre, Singapore needs to step up to aggressively target more complex cross-border cases of money laundering, even as it is armed with a strong regulatory framework to fend off dirty money and terrorism financing. This is according to a fresh report from the Financial Action Task Force (FATF), an inter-governmental body that looks at countering illicit fund flows and...


S'pore has strong framework to fight financial crimes: Report

Singapore has a strong framework to combat money laundering and terrorism financing, but it could still do better, an international team of assessors has found. The Financial Action Task Force (FATF), the Paris-based inter-governmental body tackling money- laundering threats to the global financial system, said the local financial sector is robustly supervised and Singapore has a well-functionin...


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