The Monetary Authority of Singapore intensifies its crackdown on financial irregularities, with record penalties and greater focus on cross-border misconduct.SINGAPORE: The Monetary Authority of Singapore (MAS) has significantly increased its enforcement efforts, imposing higher penalties and securing more convictions for breaches of financial regulations, according to the latest MAS Enforcement Report released on Sept 19.Escalating …
Author: Jack Wong
Jack Wong
The Games will test Singapore’s progress on the continental stage and serve as a benchmark ahead of the Paris 2024 Olympics.SINGAPORE: Singapore’s fencing team is aiming to make history at the upcoming Asian Games by doubling its previous best medal tally, targeting at least two podium finishes.This ambitious goal follows the team's earlier successes, including …
More Singaporeans are choosing child-free lifestyles, prioritizing careers, pets, and personal fulfillment over parenthood.SINGAPORE: A growing number of Singaporeans are redefining the traditional family model, opting for lifestyles as DINKs (Dual Income, No Kids) and DINKWADs (Dual Income, No Kids with a Dog). These emerging preferences are reshaping the conventional Singaporean dream of marriage and …
The scandal now includes luxury goods, properties, and cryptocurrencies, with investigations uncovering more hidden assets.SINGAPORE: A colossal transnational money laundering investigation in Singapore has grown even larger, with the total value of seized or frozen assets now exceeding S$2.4 billion (US$1.8 billion).This figure more than doubles the initial S$1 billion in assets reported in mid-August …
Three young directors bring personal and diverse perspectives to life, sparking vital conversations about drug abuse in Singapore.SINGAPORE: The exploration of drug abuse and addiction in film is not new, especially in Hollywood. Movies like Requiem for a Dream and Beautiful Boy have depicted these themes vividly. But in Singapore, where anti-drug messaging begins as …
An analysis of fare hikes, subsidies, and rising operational costs in Singapore’s public transport system.SINGAPORE: With SBS Transit and SMRT Trains reporting robust profits, many commuters are questioning why public transport fares are set to rise. From Dec 23, bus and train fares will increase by up to 11 cents, prompting a heated discussion among …
Understanding the debate over what constitutes a basic standard of living, including respect, independence, and self-worth.SINGAPORE: The concept of a basic standard of living has always sparked debate. Is it about mere survival—food, shelter, and clothing—or should it encompass intangible values like respect, independence, and self-worth?A recent study by the Lee Kuan Yew School of …
MPs emphasize the principle of presumption of innocence, opting to await investigation outcomes before deciding on disciplinary actions.SINGAPORE: Parliament has voted against the Progress Singapore Party’s (PSP) motion to suspend Transport Minister S Iswaran from his role as a Member of Parliament (MP) while he is under investigation for alleged corruption. Instead, lawmakers passed a …
The persistent allure of imitation in a world driven by affordability and accessibilitySINGAPORE: At the turn of the millennium, many households in Singapore were filled with pirated movies, TV shows, and music. From VCDs to DVDs, counterfeit goods offered affordability and accessibility that resonated with the masses. Fast forward to today, while physical piracy has …
A closer look at how prices have surged across key sectors since 2002SINGAPORE: Inflation has become a much-discussed topic in recent years, especially following the global disruptions caused by the COVID-19 pandemic and the Russia-Ukraine conflict. Over the past two decades, the costs of food, transport, and education in Singapore have risen the most significantly, …
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