Daily Archives: 2016-12-15

Police warn of online trading in binary options after sharp rise in complaints

Singapore Police Force warns members of the public that there has been a sharp rise in complaints involving online trading in binary options. Binary options trading is attractive because it sounds simple and the option providers or platforms often promise high, quick and safe returns.  In reality, binary options are speculative and risky, and many online platforms offering binary options …

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International civil society demands to know where is Sombath Somphone

International civil society organisations issue a statement to condemn the Lao PDR government's failure to investigate the disappearance of prominent Lao civil society leader Sombath Somphone and urge an effective investigation to determine Sombath's fate and whereabouts. Bangkok, 15 December 2016: On the fourth anniversary of the enforced disappearance of prominent Lao civil society leader Sombath Somphone, we, the undersigned organizations, condemn …

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President Duterte on state visit to Singapore from 15-16 December

President of the Republic of the Philippines Rodrigo Roa Duterte is currently on a state visit in Singapore from 15 to 16 December 2016 at the invitation of President Tony Tan Keng Yam. Ministry of Foreign Affairs (MFA) has announced that President Duterte will attend an official welcome ceremony at the Istana, followed by a call on President Tan and …

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Civil society on President Rodrigo Duterte’s visit to Singapore

On the occasion of President Rodrigo Duterte's visit to Singapore, we, the undersigned, would like to express our serious concern over the ongoing violent drug war in the Philippines. Since the beginning of July 2016 to earlier this month, the number of extrajudicial killings in the Philippines is reported to have exceeded 5,800. Individuals suspected of having been involved with …

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27-yr-old male arrested for alleged involvement in ZoukOut tickets sales scam

Singapore Police Force (SPF) announced that it have arrested a 27-year old man who is believed to be involved in multiple cases of ZoukOut tickets sales scam. Since August 2016, the Police stated that it had received at least 23 reports from victims who were purportedly cheated by the seller who offered discounted ZoukOut 2016 tickets on Carousell. However, it …

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Singapore ranks 16th most expensive countries for expatriates

Singapore is now the 16th most expensive countries to live in the world for expatriates, rising from 18th place last year, according to the latest Cost of Living Survey conducted by ECA International. ECA states that to ensure that an employee’s spending power is maintained when they are sent on international assignment, a cost of living allowance is often provided …

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Yip and Theresa receive their cash awards from Singapore National Paralympic Council

Singapore Paralympic athletes, Yip Pin Xiu and Theresa Goh received cash awards at the Athletes’ Achievement Awards reception held at Suntec Convention and Exhibition Centre on Wednesday (14 December) night for their achievements at the 2016 Rio Paralympics. Yip, who won Singapore’s first-ever gold medal at an Olympics or Paralympics at Beijing 2008, earned S$400,000 for her two golden medals …

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TPG telecom wins bid to be 4th telco in Singapore

The Info-communications Media Development Authority (IMDA) has announced Australian telco TPG Telecom Pte Ltd (TPG) as the fourth company to run mobile operator in the country. TPG had outbid MyRepublic and AirYotta with the bid of S$105 million at the New Entrant Spectrum Auction (NESA). IMDA said that TPG will be provisionally allocated 60 MHz of spectrum made available in the NESA, …

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