SINGAPORE – Fund managers in Singapore saw a 9 per cent increase in assets under management to S$2.6 trillion last year, buoyed by growth in the alternative asset sector, the Republic’s central bank said yesterday.
The 9 per cent growth is slower than the…
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Singapore fund managers’ assets hit S$2.6 trillion last year
PM Lee visits Udaipur’s first shopping mall
Udaipur (India) – Despite a flight diversion caused by bad weather, Prime Minister Lee Hsien Loong, who is on an official visit to India, managed to visit Singapore developer CapitaLand’s The Celebration Mall in Udaipur yesterday – the city’s first shopping…
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Better aged-care option needed apart from nursing homes: Study
SINGAPORE – Make home-care services more accessible to seniors living in studio and two-room flats by locating a small care team at the foot of the housing block, or build homes where eight to 10 seniors can live together in single- or twin-bed rooms while…
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MOH, URA to launch call for proposals on nursing homes
The Ministry of Health (MOH) and the Urban Redevelopment Authority will soon be launching a call for proposals to develop and research solutions for future nursing homes, said the ministry yesterday as it responded to suggestions for the long-term care sector…
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MOE should consider new ways to track students’ performance: MP
SINGAPORE – Finding new ways to track students’ performance over time – beyond looking at their examination results – is something worth considering, said Member of Parliament Denise Phua, as the Ministry of Education (MOE) released data on the performance of…
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PM Lee arrives in Udaipur after flight delay due to bad weather
The VIP flight had been en route to Udaipur in Rajasthan state on Wednesday (Oct 5) when it turned back.
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Using virtual reality to envision a car-lite future
An exhibit at Raffles Place is giving visitors a chance to explore the streets of an alternative Tiong Bahru redesigned for cyclists and pedestrians using virtual reality.
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Sheng Siong: Ferrero Rocher at 22% Off 4-Days Promotion from 6 – 9 Oct 2016
4-DAYS ONLY: Ferrero Rocher 30pc box at $13.90 (about 47¢/pc) at Sheng Siong (6 – 9 Oct)
Sheng Siong: Ferrero Rocher at 22% Off 4-Days Promotion from 6 – 9 Oct 2016
If you love Ferrero Rocher chocolates, you don’t want to miss this deal. For 4 days only, Sheng Siong will be offering a box of 30pc Ferrero Rocher chocolates at only $13.90/box from 6 October till 9 October
Tennis: Sharapova's ex-boyfriend says she deserved ban
Beijing – Maria Sharapova’s ex-boyfriend Grigor Dimitrov on Wednesday suggested she deserved her ban from tennis for a doping offence, an incident that has sent shockwaves through the sport.
“I think tennis misses her,” the Bulgarian world number 20 said of the five-time Grand Slam champion, adding that he had “zero doubts” she would make a successful return.
“As a competitor she’s just going to come back and she’s going to be so hungry to play and excited and motivated,” said Dimitrov, who dated the Russian superstar for two years until they split in July 2015.
But he added: “If you do something, I mean obviously there are circumstances. And whoever does something deserves what he gets for sure.” Dimitrov was responding to a question about an interview in which Sharapova accused the International Tennis Federation (ITF) of trying to make an example of her by giving her a 24-month ban for testing positive for meldonium.
The suspension was cut to 15 months on Tuesday after an appeal to the Court of Arbitration for Sport (CAS), meaning Sharapova can return to action next April.
Dimitrov cited the case of world number 1,857th Joshua Chetty, who was banned from tennis for life in September for match-fixing offences.
“It’s never up to me or ITF and all that,” Dimitrov said, referring to punishments of players.
“I think throughout the years, these kind of things should have started earlier with examples and all of that.” Dimitrov is currently in Beijing for the China Open, where he booked his place in the second round by beating American Steve Johnson 7-5, 6-7 (7/9) 6-4.
Sharapova has admitted to taking meldonium for 10 years for health reasons, but said she wasn’t aware it had been added to the World Anti-Doping Agency’s list of banned substances in January.
The CAS judgment said Sharapova, one of the most marketable female athletes in any sport, was not an “intentional doper” but that she also “bore some degree of fault”.

Minor ship collision involving Hanjin vessel off Singapore
The incident involving Hanjin New York and Liberia-registered container ship MSC Claudia saw an empty container falling into the sea.
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