Will Income keep to social mission? Govt cites NTUC’s track record, MAS to ensure existing policies are honoured
Members of Parliament raised questions about the proposed Income-Allianz deal, asking about Income Insurance’s social mission and MAS’ assessment as a regulator.Read More
Tech lead jailed after Singapore investors lose S$1.1m to crypto firm started by Chinese tycoon
A&A Blockchain Innovation was started by Yang Bin, listed by Forbes in 2001 as China’s second-richest man. The company drew S$6.7 million from more than 700 investors in Singapore. Read…
Pei Pa Koa-flavoured food products unlikely to have any food safety issues: SFA
Chinese herbal products are commonly used in food as ingredients or as flavourings in small amounts, says the Singapore Food Agency. Read More
Man took advantage of mum’s dementia to withdraw S$42,000 from his parents’ joint account, gets jail
After his father rejected his requests for money, the jobless gambler began accompanying his mother to buy groceries, taking advantage of her dementia to get her to withdraw small sums…
No ‘standard protocol’ to consult destination countries when deporting convicted foreigners: Shanmugam
“The general position that my ministry takes about discussions with foreign governments on deportations is that we should not be disclosing this. It’s not in the public interest to disclose…
Proposed law to fix Singapore casino entry levy at S$150 a day, after lapse of earlier order due to oversight
Under the proposed changes to the Casino Control Act, breaching a Family Visit Limit becomes a punishable offence while the power to approve main shareholders of Singapore’s casino operators will…
NEA studying issue of formaldehyde in wood products, adhesives
CNA reported in July that more home owners were seeking help for high formaldehyde levels, with one family’s children falling ill repeatedly because of the chemical.Read More