The Association of Banks Singapore and major lenders are developing new guidelines to protect elderly clients from financial abuse by family members; Frontline staff will be trained to spot warning signs and offer appropriate support

Singapore announced it will host the World Bank’s ICSID Investment Disputes Centre first office outside the United States; the new hub will handle investor-state arbitration cases in the region and provide related training

Bulan Bahasa, Malay Language Month, has been launched; PM Wong, who attended, underlined it ‘holds a special place in Singapore as a bridge to our shared history and culture’ and will continue to ensure that all mother tongue languages continue to thrive

Digital banks serving retail customers are trimming deposit interest rates in line with traditional lenders; cuts reflect the ongoing global decline of interest rates and could push customers to look for alternative investments with more attractive yields

To strengthen protection of citizens’ genetic and genomic data a new law has been proposed by Health Minister Ong Ye Kung: it will define hereditary information clearly and regulate its use in jobs, insurance, research to ensure privacy and prevent misuse