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Marine engineering giant Seatrium under CPIB investigation for alleged corruption offences
The Corrupt Practices Investigation Bureau (CPIB) has initiated a probe into Seatrium Limited, a leading marine engineering company, over suspected corruption offences in Brazil. Born out of a merger between Sembcorp Marine and Keppel Offshore & Marine, Seatrium is now at the heart of an investigation that underscores Singapore's continued zero-tolerance stance on corruption
AI tools threaten to upend ad industry
Data-driven algorithms transformed the advertising industry, but new AI tools are poised to disrupt it further. Brands like Coca-Cola and Stradivarius are experimenting with AI-generated content, while agencies like Seedtag are leveraging contextual advertising. However, controversy arises as AI-generated models replace human talent, sparking debate about value and cost savings. As AI tools become more accessible, the industry faces uncertainty as to whether they will enhance or undermine traditional advertising practices. The entry of Meta and Google further intensifies the disruption, leaving ad agencies questioning their future.
WP MP Louis Chua calls for balanced CPF OA rates to safeguard Singaporeans’ retirement...
Mr Louis Chua, a Workers' Party Member of Parliament for Seng Kang GRC, has urged the government to review the Central Provident Fund (CPF)'s Ordinary Account (OA) formula. He believes that the formula should be adjusted in a timely manner to ensure that Singaporeans' retirement savings can keep up with inflation or at least reflect market interest rates.
‘We want to be free’: Filipinos demand right to divorce
Divorce is illegal in the Philippines, the only country outside the Vatican where it remains outlawed. Advocates argue that the ban makes it difficult for couples to escape violent relationships and remarry. While couples can seek annulment or declare their marriage invalid, the process is slow, expensive, and often subject to government appeals. Efforts to legalize divorce have gained traction, but face opposition from the powerful Catholic Church. Victims of fraudulent annulment services highlight the need for new legislation, as they seek alternative methods to end their marriages.
UN weather agency chooses next chief to lead climate change fight
The World Meteorological Organization (WMO) is set to elect a new leader this week to bolster global efforts in tracking climate change. Four candidates, including two women, are vying for the position. The WMO's role in climate change has gained prominence, and the new secretary-general is expected to become a prominent advocate on this urgent global issue. The election will conclude the WMO's general assembly, which focuses on ramping up climate response and supporting countries in climate adaptation. The new leader will assume office on 1 January 2024.
Harder than buying Jacky Cheung’s concert ticket: applicants complain about hour-long queing for HDB’s...
On Tuesday (30 May), the Housing Development Board (HDB) launched nearly 7,000 flats for sale, of which 1,500 are Sale of Balance Flats located...
Musk talks ‘new energy vehicles’ with industry minister during China visit
Elon Musk met with China's industry minister to discuss the development of new energy vehicles and intelligent connected vehicles. Tesla has extensive business interests in China, and Musk expressed his desire to expand further in the country. China is the world's largest electric vehicle market, and Tesla plans to build a second factory in Shanghai. Musk also expressed opposition to economic "decoupling" between China and the United States.