Beauty contestant, others charged with abduction, ransom of Chinese man
A former beauty contestant is among six suspects arrested over the abduction and B3.93 million baht ransom of her wealthy former Chinese boyfriend.Continue Reading
The de-dollarization delusion
Is the dollar dying? In the wake of the Russia-Ukraine war and the massive growth in money supply and the US Federal Reserve’s assets in recent years, there has been a slew of stories and speeches extolling the virtue of de-dollarization. The most recent came last week, when Brazilian President Luiz Inácio Lula da Silva called for the establishment […]Continue Reading
New initiative helps ex-convicts reintegrate into society with support from former inmates
The initiative comes on the back of worrying Singapore Prison Service statistics that show four in 10 offenders returning to jail within five years of release.Continue Reading
No more second chances: NEA, SFA to get tougher on diners who fail to clear tables
SINGAPORE: Diners at hawker centres, coffee shops and food courts who fail to return used trays and crockery will face stronger enforcement actions from Jun 1, the National Environment Agency (NEA) said on Tuesday (Apr 18). Currently, enforcement officers from NEA and the Singapore Food Agency (SFA) will advise dinersContinue Reading
Ukraine brings IMF, World Bank back to Bretton Woods roots
Ukrainian Prime Minister Denys Shmyhal’s and Finance Minister Sergii Marchenko’s participation at the IMF and World Bank Spring Meetings last week in Washington in effect returned the multilateral organizations to their Bretton Woods origins, the 1944 agreement signed at a New Hampshire resort to rebuild the world economy after World War II. The International Monetary […]Continue Reading
Knife-wielding man who was shot by police in Clementi after charging at officer appeals against jail term
Soo Cheow Wee’s lawyer asked for a reduced jail term of 23 months, while the prosecution sought either corrective training, or a lengthier term of between 57 and 63 months.Continue Reading
China successfully tests mid-course anti-missile defense system
China has once again tested its mid-course missile interception capability, increasing the survivability of its land-based nuclear arsenal against nuclear threats from the US and India. This month, the Associated Press reported that China’s Ministry of Defense (MoD) had announced it had carried out a successful mid-course missile interception test, showcasing its capability to bring down […]Continue Reading
New laws proposed to crack down on money mules, people who share Singpass details with scammers
Between 2020 and 2022, Singapore police investigated more than 19,000 money mules – but fewer than 250 cases were eventually prosecuted.Continue Reading
Real estate firm OrangeTee & Tie fined for data breach involving 250,000 customers and employees
A hacking group exploited vulnerabilities in the company’s web servers and got access to 11 databases that contained personal data.Continue Reading