camila October 25, 2020

(BLOOMBERG) – The Covid-19 pandemic has crushed the economy, sent joblessness soaring and killed over a million people worldwide. But there are a few ways in which it may prompt society to improve, and one is remote work. Though it was initially necessary to keep employees from getting sick, remote work promises to make people […]

camila October 25, 2020

(BLOOMBERG) After nosediving from March through May as lockdowns devastated US household spending, consumer prices rebounded in the following four months. Some fear this is the start of a resurgence of inflation. The Federal Reserve Bank of New York’s survey of consumer inflation expectations shows a jump from 2.4 per cent to 3 per cent […]

camila October 25, 2020

(BLOOMBERG) – I am not a fan of bold pronunciations about spending, like: Never buy a boat! Stop drinking lattes! Don’t buy a new car! They seem designed more to attract attention than impart wisdom. I prefer rational guidelines that help consumers make better spending decisions. No, you do not need to be a millionaire or […]

camila October 25, 2020

How much is the cost of filial piety in Singapore? Of course, you would say that the love and care that you shower on your parents are probably priceless. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses […]

betty October 25, 2020

A grumpy chorus of “Why can’t I continue to use just SafeEntry/SingPass/NRIC” arose among Straits Times Facebook users in response to the upcoming roll-out of TraceTogether-only SafeEntry. It’s amazing how attached we can become to a system that’s just a few months old. KDsquared Chewchew asked: “The question is why? SafeEntry was so awesome with […]

betty October 25, 2020

A disciplinary complaint against lawyer M. Ravi was filed with the Law Society by the Attorney-General’s Chambers (AGC) last Friday. The complaint relates to “possible professional misconduct” by Mr Ravi, the AGC said in a statement last Friday evening. It was filed because Mr Ravi had neither apologised nor retracted statements he made earlier which […]

betty October 25, 2020

Gardening enthusiasts and more families can nurture their own small gardens as the National Parks Board (NParks) is doubling the number of available plots to 2,000 over the next year. The new plots, each slightly larger than a queen-size bed, will be spread across 18 parks, including Aljunied Park, Choa Chu Kang Park, Punggol Waterway […]

betty October 25, 2020

A blood test kit that can accurately detect gastric cancer in its early stages is being rolled out in local hospitals and evaluated for use in primary care settings such as polyclinics, said the National University Health System (NUHS) on Friday. The test kit, known as Gastroclear, is the first of its kind in the […]

betty October 25, 2020

The draining of smartphone batteries, convenience in the workplace and security concerns were among the reasons given by those who rushed to collect their TraceTogether tokens yesterday. There were long queues at some of the 38 community centres and clubs here to collect the device on the first weekend since the Government announced that checking […]

camila October 24, 2020

Goldman Sachs Singapore will pay US$122 million (S$165 million) to the Singapore Government for its role in the 1Malaysia Development Berhad (1MDB) bond offerings corruption scandal. The penalty is believed to be the largest imposed on a financial institution here, and will be paid by Goldman’s local unit to the Singapore Government’s Consolidated Fund. The […]

camila October 24, 2020

FRANKFURT • German sportswear company Adidas plans to sell its Reebok division, Germany’s Manager Magazin has reported, as the group seeks to put an end to its ill-fated investment in the US-focused brand. Adidas chief executive Kasper Rorsted plans to complete the sale by March next year, the magazine said, without citing where it obtained […]

camila October 24, 2020

The settlement by Goldman Sachs for its involvement in the 1Malaysia Development Berhad (1MDB) saga shows the robustness of Singapore’s legal and regulatory framework, observers noted. They said it also highlights the Singapore authorities’ acumen to penalise the bank for lack of good corporate governance while keeping its access to the market open to deal […]

camila October 24, 2020

PALO ALTO • At Tesla’s ballyhooed Battery Day event in September, chief executive Elon Musk set himself an ambitious target: to produce a US$25,000 (S$33,900) electric car in three years. Hitting that sticker price – about US$13,000 cheaper than the least expensive model today – is seen as critical in delivering a true, mass-market product. […]

camila October 24, 2020

Shares in Goldman Sachs rose 1.1 per cent in the first 15 minutes of trade in New York as analysts said the raft of settlements with regulators and prosecutors in the United States and across the world, including Singapore, was long-anticipated on Wall Street. The magnitude of the penalties was also in line with expectations, […]

betty October 24, 2020

The Deepavali festivities this year include a trishaw ride for visitors to experience the sights and sounds of Little India, while admiring the colourful light-up. Every Friday till Nov 13, trishaws will make a round-trip journey from the Indian Heritage Centre in Campbell Lane, and pass landmarks such as the Abdul Gafoor Mosque in Dunlop […]

betty October 24, 2020

The National University of Singapore (NUS) has said that it delayed filing a police report against former Tembusu College fellow Jeremy Fernando to take into account the welfare of the students involved. Dr Fernando was sacked on Oct 7 following allegations of sexual misconduct made against him by two students. NUS said on Wednesday it […]

betty October 24, 2020

The Court of Appeal yesterday gave the green light for Singaporean heroin trafficker Syed Suhail Syed Zin, 44, to argue his case that death-row inmates are not being treated equally in the scheduling of executions. Suhail is seeking a judicial review of the Singapore Prison Service’s (SPS) decision to carry out his death sentence before […]

betty October 24, 2020

While residents of Singapore are the least worried about contracting Covid-19 compared with people from five other South-east Asian countries, they are also the most pessimistic about an economic recovery, according to a research survey. The findings released yesterday show that more than half of 500 Singapore residents indicated they are less confident about their […]

betty October 24, 2020

A fire in a Bukit Batok flat last year that led to the death of the home owner was caused by a personal mobility device (PMD) that overheated as it was being charged, the coroner’s court heard yesterday. The Straits Times had earlier reported that private-hire driver Goh Keng Soon, 40, was unconscious when he […]