Danisha Hakeem

Investors channel S$1bil into Singapore’s fintech ventures in first nine months of 2019 — but face talent shortage

Financial technology (fintech) companies in Singapore raked in US$735mil (S$1bil) in investments in the first nine months of 2019, according to a report by Accenture released on Tue (16 Oct). The total value of investments marked a 69 per cent jump from the same period the previous year, from US$435mil to US$735 mil. The number of fintech investments made, however, saw …

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S. Korea’s bid to raise retirement age draws criticism, analysts warn against potential repercussions to economy and labour market

The South Korean government’s proposal to raise the official age of retirement from 60 to 65 has received considerable criticism, as experts warn against the possibility of further disruption to the labour market and a widened economic gap in society. Bloomberg reported Mon (14 Oct) that South Korea’s poverty rate among the elderly is the worst out of all of …

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Tan Chuan-Jin urges S’poreans to reframe narrative on ageing society while young and elderly citizens reveal struggle with insufficient retirement funds

The discourse around ageing in Singapore should be reframed into a more positive one, as a “negative narrative can become self-fulfilling”, said People’s Action Party (PAP) Seniors’ Group chairman Tan Chuan-Jin on Sun (13 Oct). Speaking to PAP Seniors’ Group activists at an event to commemorate the International Day of Older Persons at Hotel Miramar, Tan, who is also the …

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Malaysia to do away with Science and Arts streaming in secondary schools starting early next year: Deputy Education Minister Teo Nie Ching

Starting early next year, secondary schools in Malaysia can expect to do away with Science and Arts/Commerce streaming, according to a report by leading Chinese-language Malaysian newspaper Sin Chew Daily on Thu (10 Oct). Deputy Education Minister Teo Nie Ching reportedly told Sin Chew Daily in an interview that with the implementation of the Standard Secondary School Curriculum (KSSM), students will …

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AHTC case: High Court finds WP’s Aljunied GRC MPs Pritam Singh, Sylvia Lim and Low Thia Khiang liable for damages against town council

The High Court today (11 Oct) found Workers’ Party (WP) Aljunied GRC Members of Parliament (MPs) Pritam Singh, Sylvia Lim and Low Thia Khiang liable for damages against the Aljunied-Hougang Town Council (AHTC) and the Pasir Ris-Punggol Town Council (PRPTC). Judge Kannan Ramesh, in his written judgement, ruled that Lim and Low as town councillors had acted in breach of …

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Govt should increase legal protection of vulnerable groups and minorities, non-religious groups should be included in national interfaith discourse: Anthea Ong

The Government should increase legal protections to safeguard the psychological wellbeing vulnerable groups and minorities against religiously-motivated violence in Singapore, said Nominated Member of Parliament Anthea Ong in Parliament on Mon (7 Oct) Speaking during the debate on the Maintenance of Religious Harmony (Amendment) Bill, Ong said more must be done to protect the mental wellbeing of vulnerable groups and …

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Govt “should re-evaluate” viewpoint on dissent and activism, youths must be given greater room to participate: Anthea Ong

The Government “should re-evaluate” its viewpoint on “advocacy, activism and dissent”, particularly concerning discourse among Singapore’s youths and their involvement in activism and advocacy, said Nominated Member of Parliament (NMP) Anthea Ong in Parliament on Mon (7 Oct). Following up on fellow NMP Walter Theseira’s comments during an adjournment motion titled “A Liberal Education and Corruption of the Youth of …

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No personal attacks against Education Minister Ong Ye Kung, criticise govt policies and ideologies instead: Playwright Alfian Sa’at

In the aftermath of the Yale-NUS saga, playwright Alfian Sa’at has encouraged the public to refrain from making personal attacks and “derogatory comments” against Education Minister Ong Ye Kung, following the latter’s comments in Parliament on Mon (7 Oct). In delivering his speech on the cancellation of the Yale-NUS programme and guiding principles for educational institutions in Singapore, Ong quoted part of …

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Bus, train fares to increase by 7 per cent starting end of Dec

Starting 28 Dec, commuters will be subject to a seven per cent increase in bus and train fares due to a global rise in fuel and energy costs last year, on top of a rise in wages of local manpower and “other macroeconomic factors”, according to the Public Transport Council (PTC) on Tue (9 Oct). PTC chairman Richard Magnus said, …

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