French parents are being warned to stop posting pictures of children on social networks, in case their offspring later sue them for breaching their right to privacy or jeopardising their security.
The embarrassment it could…
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Launch of 330 Bukit Merah BTO unites deferred for review
SINGAPORE – A plan to launch 330 Build-to-Order (BTO) units in Bukit Merah this month has been deferred to enable the Housing and Development Board (HDB) to study how it can better integrate the new flats with the surrounding developments.
This is to…
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Retrenchment should be last resort, companies told
SINGAPORE – While layoffs are inevitable as companies restructure, they should consider alternative ways of managing excess manpower, such as redeploying workers, having a shorter work week and a flexible wage system, before turning to retrenchment as a last…
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Residents urged to keep Zika at bay during holidays
SINGAPORE – With the June school holidays around the corner and the earliest date for Watten Estate – where Singapore’s first Zika patient lives – to get the all-clear from the authorities still a month away, the area’s residents have been urged to remain…
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Ex-BSI banker Yeo faces two new charges of cheating
SINGAPORE – As the Monetary Authority of Singapore (MAS) moved against his former employer BSI Bank for serious breaches of anti-money laundering requirements, two fresh cheating charges were pressed against Yeo Jiawei, formerly a wealth planner at the…
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Court ups sentence of man involved in fracas, criticises prosecutors
SINGAPORE – Information painting a “fuller picture” of the circumstances of a case is needed by the court to help in its decision and sentencing, said a High Court judge, who criticised prosecutors for tendering an “inadequate” statement of facts (SOF) for a…
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Six former, current senior bank staff under investigation
SINGAPORE – The names of six former and current senior BSI Bank management and staff – including its former wealth planner Yeo Jiawei, who has already been charged with various offences – have been referred to the Public Prosecutor, to assess if they have…
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Bank remains solvent, MAS reassures BSI clients
SINGAPORE – Assuring BSI’s clients that the bank is solvent and has assets in excess of liabilities and commitments, the Monetary Authority of Singapore (MAS) yesterday said that it is working closely with Swiss authorities to oversee an orderly closure of…
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BSI Bank shutdown ‘shows zero tolerance towards abuse of financial system’
SINGAPORE – The Monetary Authority of Singapore’s (MAS) order to close down BSI Bank sends out a strong message to banks and financial institutions operating in the Republic that it has a zero-tolerance policy towards those abusing the financial ecosystem…
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TODAY’s brief, Wednesday, May 25
South Korea hosts submarine military exercise
South Korea is hosting a 10-day multi-lateral submarine exercise on Wednesday with six Pacific nations including the United States, Japan and Australia. Aimed at enhancing the combined capabilities and…
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