Author: Jack Wong

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Jack Wong

Jack Wong

Revised projections reflect steady growth but acknowledge global uncertainties.SINGAPORE: The Ministry of Trade and Industry (MTI) has narrowed Singapore’s GDP growth forecast for 2024 to a range of 2.0–3.0 per cent, revising the earlier projection of 1.0–3.0 per cent. The updated outlook follows an assessment of the nation’s economic performance in the first half of …

Charges filed against individuals linked to one of Singapore’s largest money laundering cases.SINGAPORE: Three men, aged between 26 and 41, are set to face court charges on Thursday (Aug 15) in connection with one of Singapore’s largest money laundering cases.Two of the individuals, former bank relationship managers, had worked with convicted criminals Su Baolin, Vang …

A triumphant homecoming for Singapore’s kitefoiling star.SINGAPORE: Despite the early hours, a spirited crowd gathered at Changi Airport to welcome Singapore's Olympic sailors—bronze medallist Max Maeder and Ryan Lo—home from the 2024 Paris Olympic Games.An Overwhelming ReceptionMaeder, who secured Singapore’s sixth Olympic medal, expressed heartfelt gratitude for the support."I cannot express to you what it …

The Straits Times Index (STI) gains 0.4% amid strong performances in oil, gas, and banking sectors.SINGAPORE: Singapore stocks opened higher on Tuesday (Aug 13), bolstered by steady economic data for the second quarter. The nation’s gross domestic product (GDP) growth remained at 2.9% from April to June, matching earlier estimates and closely aligning with Q1’s …

Revised from the earlier projection of 1%–3%, reflecting improved performance in the first half of the year.SINGAPORE: Singapore’s Ministry of Trade and Industry (MTI) announced on Tuesday (Aug 13) a narrowed gross domestic product (GDP) growth forecast for 2024, revising it to 2%–3%. This adjustment follows better-than-expected economic performance in the first half of the …

How a former TV producer found her calling through travel, indigenous wisdom, and empowering others to heal.SINGAPORE: For most of her 20s, Malika followed the typical Singaporean path—excelling in academics, pursuing a high-stress career as a TV producer, and adhering to societal expectations. But a fateful moment at Mustafa Centre in 2010 led her to …

A survey highlights shifting priorities among youth as career and financial goals take precedence over dating and marriage.SINGAPORE: A study by the Singapore Institute of Policy Studies (IPS) in partnership with the National Youth Council has revealed a growing trend among young Singaporeans: nearly 40% of individuals in their 20s have never been in a …

Members of Parliament question NTUC’s commitment and MAS’s role in safeguarding Income Insurance’s social mission amidst proposed sale to Allianz.SINGAPORE: The proposed sale of a majority stake in Income Insurance to German financial giant Allianz has sparked intense discussion in Parliament. MPs voiced concerns about whether Income would remain committed to its social mission post-sale, …

With evolving platforms and commission structures, Singaporeans debate the role and value of property agents.SINGAPORE: Housing remains a significant focus for Singaporeans, and sooner or later, most will face decisions about buying or selling property. While traditional property agents have played a central role in these transactions, newer options like fixed-fee agencies and the HDB …

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