Proposed capital reduction plan was ‘not a guaranteed outcome’ of Income-Allianz deal: Income chairman
Income chairman Ronald Ong assured shareholders that the company is keeping its options open and is “continuing to explore different share liquidity options, which can include a share buyback programme”.Read…
‘Oppressive’ to send Indonesian fugitive Paulus Tannos to Indonesia: Lawyer
Paulus Tannos’ lawyer argued against his extradition saying a long time has passed since his alleged offences and witnesses had died and could not be found.Read More
Singapore College of Islamic Studies advisory panel holds first meeting
“Our success will be measured not just by the institution we build, but by the impact our graduates will have on society,” says Acting Minister-in-charge of Muslim Affairs Faishal Ibrahim.…
2 men each get 15 months’ jail over housebreaking at landed house in Bukit Timah
Zhang Yongxiang entered the house via a construction site while Feng Yunlong kept a lookout outside. Read More
Global banks weigh Middle East evacuations, limit travel as tensions rise
DBS, Bank of Singapore and JPMorgan are among the banks that have stopped non-essential travel to parts of the Middle East.Read More
DBS suspends non-essential travel to conflict-hit areas in Middle East as tensions rise
Other global banks are considering staff evacuations from countries in the region.Read More
Ex-managing director jailed for misappropriating S$7 million from his company to buy its shares
The judge said Lee Boon Teck abused his corporate authority by acting against the very company he was supposed to steward.Read More
Fewer disputes between homeowners and builders due to quality assessment scheme, says industry group
The Micro Builders Association Singapore said up to 40 per cent of its members have gotten into disputes with homeowners over the past three years, often due to defects identified…
Bao Er Cafe opens new outlet in Holland Village, serving its popular kaya toast and Hokkien mee
The fancier new joint, opening Jul 1, will have slightly steeper prices than the original Bao Er Cafe at Balestier Plaza. Hopefully, the queues here will be shorter.Read More
Man gets jail for sexual act with 14-year-old girl arranged by her male teen acquaintances
The victim’s acquaintance told her she had to provide sexual services in exchange for his help finding her a place to stay.Read More