BusinessWeek
25th Jan 2008
Liz Mak
AsianInvestor: The Monetary Authority of Singapore (MAS) says it has signed a memorandum of understanding with the China Bank Regulatory Commission(CBRC). The agreement is effectively an approval for Chinese banks to invest in Singapore's market through the qualified domestic institutional investor (QDII) programme, making Singapore the third approved market after Hong Kong and the UK. >>>> More
