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The Latest Breaking News from Mas

Deforestation in Bolivia has jumped by 32% in a year. What is going on?

Everything points to more, not less, tree clearance, as country’s fastest-growing region embraces intensive agriculture

The Guardian - UK

Bolivian president expelled from own party amid political feud

Conflict erupted after Luis Arce and ex-president Evo Morales both showed interest in the party’s presidential nomination

The Guardian - US

Two million to join in double celebration at Notting Hill Carnival

Three days of partying to mark Windrush anniversary and 50 years since Mas bands helped transform event

Evening Standard

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Hackers From North Korea Stole Over $180M In Crypto Within 6 Months: Report

North Korean hackers have illegally obtained more than $180 million worth of cryptocurrencies in just the first half of 2023.

Zenger

Being Rich in Retirement vs. Being Happy: There’s a Difference

Money obviously plays a role, but how much you have isn’t as important as the quality of your life when it comes to health, relationships and activities.

Kiplinger

How Business Owners Can Avoid Four Big Financial Planning Mistakes

Lax financial planning when it comes to taxes, risk management, exit plans and cash flow can hinder the growth and success of your business.

Kiplinger

How Specially Designed Life Insurance Can Provide Flexibility for High-Income Earners

A high cash value life insurance policy can facilitate tax-advantaged growth that standard retirement accounts may not be able to match. Here’s how it works.

Kiplinger

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Five Common Retirement Mistakes and How to Avoid Them

Is your view of wealth distorted? Is all your money in tax-deferred accounts? Are you hoping for unrealistic market returns? Don’t let these and other errors cost you in the long run.

Kiplinger

Singapore’s Central Bank Sets New Requirements For Digital Payment Token Service Providers

Monetary Authority of Singapore aims to safeguard customer assets and enhance market integrity

Zenger

Swansea City players run ragged in pre-season tests as Michael Duff lays down tough fitness marker

New Swans manager Michael Duff has wasted no time in getting his side fit again after the summer break

Wales Online

Federal Reserve Bank Of New York Found New Distinctions In Cross-Border Payments In New Study

The New York Federal Reserve published results from a study on major railway digital payments going to other countries.

Zenger

Longevity: The Retirement Problem No One Is Discussing

Many people saving for retirement fail to take into account how living longer will affect how much they’ll need once they stop working. What should they do?

Kiplinger

China, Singapore to Collaborate More Closely on Financial Regulation, Market Opening

CBIRC and MAS will partner up to develop global and regional rules and modernize their own regulatory systems

Caixin Global

Singapore wealth group denies report of directive to keep quiet on China-linked fund inflows

A private banking industry group in Singapore on Friday denied a media report that the city state had asked global banks to keep quiet on wealth inflows coming from China over the past year due to political sensitivity.

Reuters

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Al Jazeera

Japan, Singapore and Hong Kong downplay Credit Suisse fallout

Asian financial authorities say Swiss lender’s takeover not likely to affect stability of local banks.

The Guardian - US

Bolivia’s dream of a lithium future plays out on high-altitude salt flats

The government eyes an economic bonanza in a mineral vital to electric batteries but critics ask if plan is viable and at what environmental cost

Reuters

Bolivia's farm hub battles political capital over cattle and grains

Javier Monasterio, a rancher in Bolivia's lowland area of Santa Cruz, is feeling the economic hit of weeks-long protests and blockades since the dramatic arrest of the region's governor that has snarled domestic transport of grains and meat.

Bangkok Post

Singapore sentences stock market manipulator to 36 years in jail

Singapore’s High Court has sentenced the masterminds behind the country’s largest stock market manipulation to decades in jail, according to a joint statement on Wednesday from the Attorney-General’s Chambers, Singapore Police Force and Monetary Authority of Singapore.

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Bangkok Post

SEC readies stricter rules for digital assets

The Thai Securities and Exchange Commission (SEC) is preparing to impose more stringent regulations on digital assets to mirror the global market, with the aim of increasing investor protection.

Al Jazeera

‘Betrayed’: FTX meltdown signals end to crypto’s ‘Wild West’ days

Cryptocurrency exchange’s spectacular collapse spurs government scrutiny and calls for greater regulation.

Benzinga

Want To Trade Bitcoin, Ethereum And Dogecoin? You Might Have To Take A Test To Trade In This Country

Singapore may soon require retail investors to pass an assessment and refrain from using leverage or credit while trading in cryptocurrencies.

Bangkok Post

Singapore mulls making it harder for people to trade crypto

The Monetary Authority of Singapore (MAS) is considering restricting retail investors’ use of leverage and credit facilities to trade cryptocurrencies as it joins global regulators in forging rules to govern digital assets.

Bangkok Post

Tightening risks loom as Singapore July core inflation hits 13-year high

SINGAPORE: Singapore's key consumer price gauge in July rose again at its fastest pace in more than 13 years, official data showed on Tuesday, mounting pressure on the central bank to consider another policy tightening move later this year.

Bangkok Post

Singapore regulator reiterates crypto dangers amid Hodlnaut woes

Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble.

Benzinga

Amid Staffing Woes - Financial Institutions Must Automate To Innovate

More than 47 million workers quit their jobs last year amid the Great Resignation, many seeking out roles that align with newfound employee expectations. The ongoing labor crisis is hitting financial institutions particularly hard – 4 out of 5 financial institutions are worried about staffing shortages, according to the Financial…

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