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Month: July 2022

Posted on 05/07/2022

OCBC phishing scam: Man gets reformative training for money laundering, first to be dealt with by court

SINGAPORE: A 21-year-old man linked to the OCBC phishing scams last year was on Tuesday (Jul 5) sentenced to reformative training for at least a year. Leong Jun Xian is the first to be dealt with by ... ( read original story ...)

Posted on 05/07/2022

OCBC phishing scam: Singaporean youth who helped overseas syndicates launder money given reformative training

A 21-year-old man was sentenced to a minimum of 12 months' reformative training today (July 5) for laundering cash for unidentified fraudsters, ... ( read original story ...)

Posted on 05/07/2022

First man who admitted to role in OCBC scams to undergo reformative training

Xian will be detained in a centre and follow a strict regimen that can include foot drills and counselling. Read more at straitstimes.com. ( read original story ...)

Posted on 05/07/2022

Singapore near or at peak of current Covid-19 wave, with cases expected to cross 12k: minister

Singapore is near, if not already at, the peak of the current wave of Covid-19 infections, said Health Minister Ong Ye Kung on Tuesday (July 5). ( read original story ...)

Posted on 05/07/2022

Retailers in Singapore are feeling a ‘margin squeeze,’ says industry body

Ernie Koh of the Singapore Retailers Association discusses what the Singapore government is doing to help the retail industry. ( read original story ...)

Posted on 05/07/2022

Singapore regulator issues fresh appeal for clean power

The Energy Market Authority has already attracted proposals for 1.2 GW of renewable electricity, to be generated in four southeast Asian nations, and wants to raise that figure to 4 GW by 2035. ( read original story ...)

Posted on 05/07/2022

Current COVID-19 wave ‘will not be as severe’ as earlier Omicron wave; indications show Singapore near peak: Ong Ye Kung

SINGAPORE: The current wave of COVID-19 infections will not be as severe as the Omicron wave earlier this year, said Minister for Health Ong Ye Kung on Tuesday (Jul 5).  Responding to a parliamentary ... ( read original story ...)

Posted on 05/07/2022

Singapore retail sales rise at faster pace of 17.8% in May

Sales were helped by the continued boost from tourist spending after travel restrictions were eased. Read more at straitstimes.com. ( read original story ...)

Posted on 05/07/2022

Tesla hiring again in Singapore weeks after country head leaves

Tesla is advertising for at least seven positions in Singapore on LinkedIn, weeks after it let of the the country manager. ( read original story ...)

Posted on 05/07/2022

Singapore expands litigation funding scope for insolvency cases

The permitted scope of third-party funding in corporate insolvencies is set to increase, enhancing the country’s appeal as a dispute resolution and restructuring hub ... ( read original story ...)

Posted on 05/07/2022

OCBC phishing scam: Man gets reformative training for money laundering

SINGAPORE: A 21-year-old man linked to the OCBC phishing scams last year was on Tuesday (Jul 5) sentenced to reformative training for at least a year. Leong Jun Xian is the first to be dealt with by ... ( read original story ...)

Posted on 05/07/2022

Amro cuts Singapore economic growth forecast on war in Ukraine, China slowdown

The economy will grow less this year than previously estimated and may expand at a much slower pace in 2023. Read more at straitstimes.com. ( read original story ...)

Posted on 05/07/2022

No word on when Malaysia’s chicken export ban will be lifted

SINGAPORE - The Malaysian authorities have not given any indication to Singapore as to when they will lift the chicken export ban.Asked by Mr Alex Yam (Marsiling-Yew Tee GRC) if the Singapore Food ... ( read original story ...)

Posted on 05/07/2022

Singapore evaluates more crypto safeguards after blowups

SINGAPORE: Singapore is considering new rules to protect consumers after plunging digital-asset prices triggered a series of high-profile crypto blowups, including firms based in the city-state. The ... ( read original story ...)

Posted on 05/07/2022

Singapore-Based Crypto Lending Firm Vauld Halts All Activity Due To Market Wipeout

Vauld has confirmed that it would pause withdrawals, deposits and other activities, citing various reasons for the same. ( read original story ...)

Posted on 05/07/2022

HDB offers two new rehousing options for SERS flat owners, Singapore private homes, HDB resale prices up in Q2 2022 and more

HDB offers two new rehousing options for SERS flat owners, Singapore private homes, HDB resale prices up in Q2 2022 and more. Here are the news highlights for what happened in the Singapore property ... ( read original story ...)

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