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Singapore's economy grew by 0.7% year-on-year in Q2 and 0.3% on a quarter-on-quarter basis, evading a technical recession, as per advance estimates by the MTI.
This tie-up provides a "cost-effective way to process cross-border fund transfers” to its customers by using the mobile number registered on PayNow and UPI.
The Meetings Orders, introduced in April 2020 to temporarily allow companies to hold official meetings virtually, will be revoked by MinLaw on July 1, 2023.
The Monetary Authority of Singapore will stop issuing "good-as-new" S$2 notes starting this Lunar New Year in January to reduce carbon emissions from new notes.