Indonesian financial authority warns against risks of online loans for concert tickets amid rising fintech usage

The Indonesian Financial Services Authority (OJK) warns against using online loans to purchase concert tickets, highlighting the risk of falling into high-interest debt traps. Financial experts emphasize the risks involved and advise caution in borrowing for consumptive purposes. Consumers should carefully consider financial knowledge and repayment abilities to avoid financial distress.

Singaporean doctor continues to encounter unauthorised charges despite 3 credit card replacements

A Singaporean doctor experienced unauthorised charges exceeding $3,600, including four transactions to AirAsia, despite her efforts to block and replace her credit card. The case adds to the growing instances of fraudulent card usage, highlighting concerns among cardholders and leading to a warning from the Singapore Police Force about similar scams.

Malaysian consumers to brace for predicted soaring food prices starting August

Food prices in Malaysia are predicted to rise 5-20% due to a weaker ringgit, increased transportation costs, rising global commodity prices, and weather-related disruptions. Higher operation costs are leading to price hikes, with the retail chain Mydin predicting a 5-10% increase due to business cost escalation. The sugar industry, facing high input costs, is also expected to see price increases. However, government-controlled sugar prices will remain stable.

Record number of active online loan borrowers in Jakarta raises concerns

The number of active online loan borrowers in Jakarta reached 2.38 million in April, bearing an outstanding loan of IDR 9.94 trillion (US$659.4 million), raising concerns about the rise of illegal lending practices.

Electricity and gas tariffs to rise in Singapore for Q3 2023

Singapore consumers face a 1.2% rise in electricity tariffs and an increase in gas tariffs due to higher energy costs, as announced by SP Group and City Energy.

Singaporean man lost S$6000 to 2-dollar ‘bak zhang’ scam

Singaporeans urged to be cautious in online transactions as scammers exploit victims with deceptive deals, leading to financial losses. In a recent incident, a Singaporean fell victim to an online scam when purchasing 2-dollar ‘bak zhang’ (meat dumplings) and subsequently discovered that approximately S$6,000 had been fraudulently withdrawn from his bank account.

Singaporean tourist shared harrowing ordeal of being trapped in malfunctioning lift at JB Hotel

A Singaporean tourist’s terrifying encounter with a sudden lift drop at Johor Bahru’s KSL Hotel & Resort raises serious concerns over safety measures. The tourist recounted how, with no help forthcoming, those inside the lift took a daring risk to forcefully open the door.

Aesthetic clinic staff told female customer to ‘get out’ over alleged abusive behavior

A dispute at ClearSK aesthetic clinic turned into a heated argument, captured in a viral video. A staff member yelled at a female customer, accusing her of extortion. The customer later left a negative Google review, while the clinic maintained she caused a disturbance for nearly an hour.

ComfortDelGro announces platform fee increase of S$0.70 for app bookings

From July 1st, passengers using ComfortDelGro’s CDG Zig app will pay a S$0.70 platform fee per ride. The move is said to aimed at funding enhancements for Singapore’s largest taxi operator’s services.

All Coldplay Singapore Concert tickets sold out, despite addition of sixth show

Due to overwhelming demand, concert tickets for the band’s “Music of the Spheres World Tour” at Singapore National Stadium sold out rapidly, despite the organizers added two additional dates on January 30 and 31, 2024. Unfortunately, scalpers are capitalizing on the situation, reselling tickets at inflated prices on various platforms.