Category: Business

Acting Transport Minister Chee Hong Tat predicts full recovery of passenger traffic at Changi Airport by mid-2024.SINGAPORE: Singapore's aviation sector is poised for significant growth, with over 4,300 jobs opening up in 2024 as passenger traffic at Changi Airport is expected to recover fully by the first half of the year. Acting Transport Minister Chee …

Prime Minister pledges unwavering commitment to accountability and transparency under his leadership and that of his successor.SINGAPORE: Prime Minister Lee Hsien Loong reaffirmed the People’s Action Party’s (PAP) strict stance against corruption and misconduct, pledging that the party’s approach to accountability will remain unchanged when Deputy Prime Minister Lawrence Wong takes over as Singapore’s leader. …

The uproar over the sale of Income Insurance to Allianz is about more than just poor communication. It reflects a deeper lack of understanding of public concerns, writes former veteran editor Han Fook Kwang.SINGAPORE: The widespread public reaction to the sale of Income Insurance to German financial giant Allianz highlights critical lessons about public sentiment …

The new biometric system aims to streamline immigration processes, with QR code clearance expanding to motorcyclists by next month.SINGAPORE:Travellers passing through Changi Airport will soon experience a streamlined immigration process that eliminates the need for passports. Starting August 5, Singapore residents can clear immigration at selected automated lanes in Terminal 3 using only facial and …

How authenticity and trust redefine the role of insurance agents in today’s world.SINGAPORE:Insurance agents often evoke mixed feelings—they can be seen as either invaluable allies in times of need or unwelcome intrusions into daily life. Encounters with agents range from polite refusals at MRT stations to awkward conversations with long-lost acquaintances pitching policies.For many, the …

Enforcement of the new social media class licensing framework will begin on Jan 1, 2025, aiming to combat online harm while raising concerns over freedom of expression.KUALA LUMPUR:Malaysia has introduced a new regulatory framework mandating social media and internet messaging platforms with at least eight million registered users in the country to obtain a class …

Lax background checks in Singapore expose employers to potential fraud and hidden risks.SINGAPORE: Fiona, a professional background investigator, recounts a case that left her stunned. In 2018, while verifying a candidate’s references, she discovered the supposed "supervisor" she spoke with was an imposter—a friend planted to provide a glowing recommendation. The elaborate ruse was uncovered …

Hong Kong’s Chief Executive John Lee makes his first visit to Singapore since taking office over a year ago.SINGAPORE – On Monday, July 24, Singapore’s Prime Minister Lee Hsien Loong and Hong Kong’s Chief Executive John Lee marked the reaffirmation of their cities’ strong and longstanding relationship. Mr. Lee, who arrived in Singapore on Sunday, …

Deal Includes Fleet, Maintenance, and Fuel Operations with Integration to Grab’s PlatformSINGAPORE: Grab announced its acquisition of Trans-cab, Singapore’s third-largest taxi operator, which has a fleet of over 2,500 vehicles. The deal, expected to complete by Q4 2023, will see Grab Rentals acquire 100% of Trans-cab's shares, including its taxi and car rental business, maintenance …

AGO Flags Financial Mismanagement at CAAS and Weaknesses in PA’s Control PracticesSINGAPORE: The Auditor-General's Office (AGO) has highlighted several lapses in financial controls, including an over-disbursement of S$1 million by the Civil Aviation Authority of Singapore (CAAS) and issues with cash handling practices at the People’s Association (PA). These findings, detailed in the AGO’s report …