WITH the increasing frequency and severity of natural catastrophes striking Asia, the region needs to close the wide protection gap through insurance to lower the financial impact of natural disasters and raise disaster resilience, said Ravi Menon ... ( read original story ...)
Uber Singapore ‘leased fire-prone Hondas’
SINGAPORE - Uber Technologies Inc's auto-lending programme is facing new questions after the company leased cars prone to fires in Singapore. The ride-hailing company borrowed capital from Goldman Sachs Group Inc and other banks used to purchase more than ... ( read original story ...)
MAS eyes increase in insurance coverage for deposits
SINGAPORE: The Monetary Authority of Singapore (MAS) on Friday (Aug 4) asked interested parties to give their views on its proposal to enhance the Deposit Insurance scheme, including increasing the deposit insurance coverage of Singapore dollar deposits ... ( read original story ...)
Western Union armed robbery: 56-year-old man arrested
SINGAPORE: A 56-year-old Singaporean man suspected to have robbed a Western Union branch in Ubi at knifepoint has been arrested, the Singapore Police Force announced on Friday (Aug 4). The police said despite an initial lack of leads, officers were ... ( read original story ...)
Singapore Air Offers Unpaid Leave to Crew in Cost-Cutting Review
Singapore Airlines Ltd. is offering three months of voluntary unpaid leave to cabin crew as it seeks to cut costs amid rising competition in the region. The carrier is asking some of its flight attendants to take the leave from September, it said in an ... ( read original story ...)
Mr Bean Group clarifies it’s not involved in bringing Gong Cha back to Singapore
Upon hearing the news, we wrote about its impending comeback - and Rodney ... So Who Won The Race To Bring Gong Cha To Singapore? With the promise of bringing the chain in the next few months in a "bigger, better, upgraded format", Kim Soo-Min, president ... ( read original story ...)
Uber takes action to fix unsafe cars rented to Singapore drivers
SINGAPORE (Reuters) - Uber Technologies Inc said on Friday it has taken action to fix defective cars that it had rented to drivers in Singapore and was coordinating with regulators in the city state to resolve any concerns. The Wall Street Journal earlier ... ( read original story ...)
Singapore’s hard rock granny
Mary Ho, 81, plays a mean electric guitar. The feisty grandmother is now gearing up for the performance of a lifetime - playing for thousands at Singapore's annual National Day Parade in August. ( read original story ...)
Singapore Authorities Clarify Regulatory Position On ICOs – Securities in Some Cases – Following SEC Lead
in Singapore as a means of raising funds. Richard Kastelein is the Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News, partner of token design and ICO architecture company Cryptoassets Design Group and co-founder ... ( read original story ...)
Singapore Morning News For August 3
Singapore’s manufacturing sector expanded for the 11th straight month in July, according to data released by Singapore Institute of Purchasing and Materials Management (SIPMM) on Wednesday (Aug 2). THE EntrePass scheme – a work visa for foreign ... ( read original story ...)
Indian-origin man robs petrol pump employee in Singapore
SINGAPORE: An Indian-origin man in Singapore has allegedly ... faces a maximum of 10 years in jail and at least 12 strokes of caning if found guilty, reported Channel News Asia. Police were alerted at around 12.50 pm after the suspect fled the petrol ... ( read original story ...)
Three British men face whipping and 20 years in a Singapore prison as they go on trial accused of gang-raping a drunk and unconscious woman, 23, after a stag party
Three British men have gone on trial in Singapore today accused of gang-raping a 23-year-old woman while visiting the city-state for a stag party. Khong Tam Thanh, 22, Le Michael, 24, and Vu Thai Son, 24, face up to 20 years in jail and a caning if found ... ( read original story ...)
Singapore’s GIC leads $220 million funding round for Chinese P2P firm Dianrong
HONG KONG (Reuters) - Chinese peer-to-peer lending platform Dianrong said on Wednesday it raised $220 million from a group of investors led by Singapore sovereign wealth fund GIC Pte Ltd, looking to step up research of new technology as it expands across ... ( read original story ...)
Singapore Morning News For August 1
SOME 2,500 small and medium enterprises (SMEs) in Singapore will be trained by Google to tap the global market by 2019, the tech giant announced on Monday during the official launch of the expansion of its Go Global initiative. Consumers have reported ... ( read original story ...)
Singapore, Hong Kong visitors can use passport scanners in Bangkok airports soon: Report
BANGKOK: Visitors from Singapore and Hong Kong will be able to use automatic passport scanners in Bangkok airports soon, with immigration processing time reduced to 20 to 30 seconds, according to Thai news outlet The Nation. The system, which is ... ( read original story ...)
Singapore: Three Britons on trial for stag-party gang-rape
Three Britons accused of gang-rape of Malaysian woman at Ultra Singapore music festival in September, 2016. Source: Shutterstock/Thawiwat Sae-Heng THREE British men face 20-years in jail and a caning if found guilty of gang-raping a 23-year-old Malaysian ... ( read original story ...)