Monthly Archives: February 2017

MSF: Checks tightened for Tembusu Home after former employee cheated savings out of elderly residents

The Tembusu Home Help Service (THHS) for the destitute now has been given stronger internal controls and governance measures, said the Ministry of Social and Family Development (MSF) on Monday (13 Feb). The measures have been put in place after a former employee allegedly cheated seven elderly residents of more than S$252,000, Chiang Zhao Xiang, the Tembusu Home’s former assistant superintendent, was …

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STB: Tourism industry reached historical highs in 2016

Tourism industry in Singapore reaches historical highs in 2016 with breaking records for visitor arrivals, and more importantly, for tourism spend, the Singapore Tourism Board (STB) statement said on Tuesday (14 Feb). Both visitor arrivals and tourism receipts exceeded forecasts in 2016, while visitor arrivals grew by 7.7 percent to 16.4 million, tourism receipts rose even higher by 13.9 percent …

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An “unstoppable” rally for US equities

By Margaret Yang, CMC Markets The US equities rally fuelled by “Trump optimism”, is “totally unstoppable”, to borrow Trump’s own phrase about a united America. Dow Jones soared to a record new high of 20,412 and S&P 500 climbed to 2,328 points last night. Technical indicators including SuperTrend, MACD and moving averages continue to suggest a robust bull trend. Momentum …

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Dr Yaacob Ibrahim: Would have preferred an open election for President

Minister-in-charge of Muslim Affairs Yaacob Ibrahim urged the Malay community to give the elected presidency (EP) a chance to develop and allow it to evolve in response to a question during a dialogue with tertiary students on whether the upcoming presidential election is “mere tokenism”. Speaking in an event which was held as part of an inaugural Singapore Model Cabinet on Sunday (12 …

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The financial benefits of being single in Singapore

By SingSaver.com.sg Single on Valentine’s Day? Good, celebrate it. While we don’t begrudge getting married or being in a relationship, there are plenty of overlooked advantages to being single, especially with regard to your wallet. Better career opportunities and a bigger network are just some of the other financial perks of being single. Here are some of the things you should …

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Internet love scam syndicates crippled in a cross border joint operation

A joint operation conducted by the Commercial Crime Investigation Department (CCID), Royal Malaysia Police, Singapore Police Force (SPF), and the Commercial Affairs Department (CAD) in several Malaysian states last week arrested 27 suspects believed to be involved in cross-border ‘internet love scam’ syndicates. The operation, which took place from 6 Feb to 8 Feb, yielded the arrests of 13 Nigerian …

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