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Cryptocurrency at a crossroads: What’s next for Singapore?

elean 16 10 月

3 minutes

Crypto at the crossroads as S'pore okays firms offering digital payment token services The cryptocurrency revolution has been gathering pace of late and looks set to shift into a new gear in Singapore after three firms were given the green light to provide digital payment token services. Jargon aside, it means it will soon be clearer to investors how they can trade in cryptocurrencies such as Bitcoin and Ether within regulatory guidelines and even pay for goods and services with such coins. The Monetary Authority of Singapore (MAS) has issued digital payment token service licences to three entities - Singapore-based fintech firm Fomo Pay, Australian cryptocurrency exchange Independent Reserve and local bank DBS' brokerage arm DBS Vickers. READ MORE HERE Banks in S'pore taking a prudent but positive approach towards cryptocurrency Institutional demand for investments in digital assets continues to rise, and most banks here are taking a sure and steady approach towards cryptocurrency. Caution seems the obvious option, given the ground-breaking new technology involved, not to mention the regulatory minefield and massive upheaval that could hit the financial service industry. Ms Tan Si...

Morning Briefing: Top stories from The Straits Times on Oct 13, 2021

aseanpr 13 10 月

2 minutes

Good morning! Here are our top stories to kick-start your Wednesday, Oct 13. Stricter rules for those unvaccinated against Covid-19 take effect in S'pore Unvaccinated people seeking medical, childcare services at malls must show proof of appointment or letter from school to enter. READ MORE HERE More in S'pore getting Covid-19 vaccine jabs since travel lane announcement, dine-in ban for unvaccinated Clinics and private healthcare providers said they noticed an increase in people coming forward to get their jabs. READ MORE HERE 11 seniors die of Covid-19, bringing death toll to 183 in S'pore; 2,976 new cases Tightened restrictions appear to be helping to moderate the Covid-19 transmission wave, said Health Minister Ong Ye Kung. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news No lack of interest in S'pore for leisure travel under VTL despite higher costs, risk of longer stay if infected The pent-up demand saw customers flocking to the SIA service centre and an uptick in inquiries at travel agents. READ MORE HERE askST: 6 things to know for quarantine-free travel under the Vaccinated Travel Lane scheme Check your destination’s entry requir...

Morning Briefing: Top stories from The Straits Times on Oct 10

aseanpr 10 10 月

2 minutes

Good morning! Here are our top stories to kick-start your Sunday, Oct 10. Singaporeans flock to SIA service centre at Ion after news of easing of Covid-19 travel curbs The SIA website was hit by technical difficulties following a surge of traffic following the announcement. READ MORE HERE askST: What do I need to travel to the 11 countries under the Vaccinated Travel Lane scheme? The 11 countries include US, UK, South Korea and France. READ MORE HERE 11 Singaporeans aged between 56 and 90 die of Covid-19; 3,703 new cases reported Of those who died, four were unvaccinated, and all except one had underlying medical conditions. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Lunch with Sumiko: How Klook rode the Covid-19 crisis Klook had to let go of 10 to 15 per cent of its workforce but changing to focus on domestic leisure activities has now given it two engines of growth. READ MORE HERE 10 things you need to know about PM Lee's address and Covid-19 measures PM Lee addressed the nation on Saturday on the Covid-19 situation and the path to the new normal. READ MORE HERE askST: No entry to malls, no dine-in at hawker centres - what are th...

Morning Briefing: Top stories from The Straits Times on Oct 6

aseanpr 6 10 月

2 minutes

Good morning! Here are our top stories to kick-start your Wednesday, Oct 6. Private clinics in S'pore seeing demand for Sinovac and Sinopharm as Covid-19 vaccine boosters Experts said it is best to follow MOH's guidelines on eligibility for the booster dose and the type of vaccine to use. READ MORE HERE 3,486 new Covid-19 cases in Singapore; 9 more deaths brings tally to 130 Four were vaccinated, two had been partially vaccinated and three were unvaccinated. READ MORE HERE Suspension of visits to residential care homes in S'pore extended until Oct 24 It's prudent to do so in view of the continued rise of Covid-19 cases in the community, said MOH. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Singapore Parliament repeals Sedition Act after 83 years Key aspects of the Act have not been relevant in modern Singapore for a long time, said Home Affairs and Law Minister K. Shanmugam. READ MORE HERE 5 things to know about Fica, the law to counter foreign interference Fica empowers the authorities to deal with covert attempts by hostile foreign entities to interfere in domestic politics. READ MORE HERE More maids to be allowed into S'pore from...

Morning Briefing: Top stories from The Straits Times on Sept 26

aseanpr 26 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Sunday, Sept 26. 1,443 new Covid-19 cases in S'pore, 3 more seniors die The total number of fatalities in September now stands at 21. READ MORE HERE Johor ramps up vaccination in hopes of reopening border with Singapore The state government in Johor is launching a vaccination plan for Malaysians who used to cross into Singapore daily. READ MORE HERE Release of Huawei's Meng a step towards better US-China ties, Beijing's CPTPP goal But there still remains a raft of issues to be resolved between the world's two largest economies. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Lunch with Sumiko: Noeleen Heyzer on marriage, feminism and how she rose up the UN career ladder Noeleen Heyzer's memoir looks back at how she overcame a difficult childhood to scale the career ladder at the United Nations. READ MORE HERE Employers not allowed to ask staff with positive ART result to come to work even if they feel well Employees who are physically well are advised to self-isolate at home for 72 hours, and then do another ART test. READ MORE HERE Are certain neighbourhoods more prone to being ...

Morning Briefing: Top stories from The Straits Times on Sept 19

aseanpr 19 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Sunday, Sept 19. S'pore's new Covid-19 cases cross 1,000 mark; unvaccinated man, 90, dies from complications There are 1,009 new cases, including 926 in the community. READ MORE HERE Some parents call for HBL to start from Sept 20, others would prefer less disruptions This comes in the wake of surging Covid-19 cases. READ MORE HERE ‘My toughest assignment': Khaw Boon Wan on his new role as SPH Media Trust chairman Mr Khaw Boon Wan came out of retirement to chair SPH Media Trust. He tells Executive Editor Sumiko Tan what his priorities are. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Singaporeans still out and about but more cautious as daily Covid-19 cases rise Many are taking more precautions like avoiding crowded areas. READ MORE HERE Concrete proposals to tackle women's issues to be presented in early 2022: PM Lee He outlined 3 broad areas in which Government policies and programmes can help level the playing field for women. READ MORE HERE Reebonz: When the gloss came off a luxury retailer The 12-year-old marketplace's fall from grace had been a long time coming, said exp...

Morning Briefing: Top stories from The Straits Times on Sept 18

aseanpr 18 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Saturday, Sept 18. 934 locally transmitted Covid-19 cases in S'pore, highest since April last year A new Covid-19 cluster with 26 cases emerged at Sembcorp Marine Admiralty Yard. READ MORE HERE Covid-19 cases in S'pore rising faster than expected, but serious infections rising at slower rate High vaccination rate has prevented the healthcare system here from being overwhelmed. READ MORE HERE What you need to do if you test positive for Covid-19 using ART kit and have no symptoms Do not rush to a hospital emergency department, said S'pore's director of medical services Kenneth Mak. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Getting a mild infection after Covid-19 vaccination gives best protection against future variants: Expert Getting an infection teaches the body to recognise all parts of the virus, including the core that cannot change. READ MORE HERE France recalls ambassadors from US, Australia over submarines row The move by France against such key allies is unprecedented. READ MORE HERE Race to succeed Japan PM Suga heats up Who will lead Japan's ruling party into the ...

Morning Briefing: Top stories from The Straits Times on Sept 16

aseanpr 16 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Thursday, Sept 16. Australia will upgrade to nuclear-powered submarines in new security partnership with Britain, US The pact is not aimed at China, senior US administration officials said. READ MORE HERE 807 new Covid-19 cases in S'pore; new clusters at two nursing homes There are 13 cases each at Orange Valley Nursing Home in Simei and Jamiyah Nursing Home in West Coast Drive. READ MORE HERE British PM Johnson demotes foreign minister in major Cabinet reshuffle Dominic Raab has faced sustained criticism for his handling of the Afghan crisis. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Vivian Balakrishnan apologises to PSP's Leong Mun Wai after ‘illiterate’ comment circulates online Mr Leong said he received a call from Dr Balakrishnan on Wednesday and he has accepted the minister's apology. READ MORE HERE Moderna says Covid-19 vaccine protection wanes, makes case for booster Moderna on Sept 1 submitted its application to the US FDA seeking authorisation for a booster shot. READ MORE HERE Health Check Podcast: Why bother about asymptomatic Covid-19 cases, says expert Infecti...

Morning Briefing: Top stories from The Straits Times on Sept 12

aseanpr 12 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Sunday, Sept 12. Chinatown Complex closed after Covid-19 cluster with 66 cases; S’pore reports 555 new infections All staff working at Chinatown Complex are being tested for Covid-19. READ MORE HERE Messages of unity, resolve mark 20th anniversary of 9/11 attacks The greatest lesson from that day was the value of national unity, Mr Biden said. READ MORE HERE RSAF scrambled F16 fighter jets on Saturday in response to potential air threat A Royal Malaysia Police helicopter flew over Pulau Tekong on Saturday morning at around 9.20am. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news About 1,000 F&B, retail businesses open in S'pore each month despite pandemic Not only did the number of businesses formed exceed that of closures, more businesses opened compared with that during the pre-pandemic years, between 2017 and 2019. READ MORE HERE How the Covid-19 cluster linked to Jurong Fishery Port was contained The Jurong Fishery Port cluster is Singapore's largest Covid-19 cluster in the community to date. READ MORE HERE S'pore opens Covid-19 vaccination channels for overseas-based citizens...

Morning Briefing: Top stories from The Straits Times on Sept 10

aseanpr 10 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Friday, Sept 10. 450 new locally transmitted Covid-19 cases in S'pore; unvaccinated 62-year-old man dies of Covid-19 The number of new cases is more than double the figure one week ago, on Sept 2, when it stood at 191. READ MORE HERE Unlinked cases less relevant when S'pore treats Covid-19 as endemic: Experts Shifting the focus means resources can be better used elsewhere. READ MORE HERE Little India shops look forward to business boost from pilot scheme for migrant workers Up to 500 vaccinated migrant workers living in dorms will be allowed to visit Little India each week. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news New way to calculate school-home distance to help more P1 kids to qualify for nearby schools Changes will result in slightly over 10% more homes added to the list of those near primary schools. READ MORE HERE Will primary school registration changes lessen stress and competition for places? Senior education correspondent Sandra Davie looks at what the changes mean for parents and their children. READ MORE HERE Why are HDB resale prices rising and what does this m...

Morning Briefing: Top stories from The Straits Times on Sept 6

aseanpr 6 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Monday, Sept 6. Covid-19 cases linked to bus interchange clusters grow to 469 There are six new cases linked to the Changi General Hospital cluster, bringing the total to 46. READ MORE HERE S'pore updates border measures, stricter pre-departure testing for countries including Australia, NZ The new requirement takes effect at 11.59pm on Thursday. READ MORE HERE 'I don't know how many days her body was there': Neighbours find woman dead in Bedok flat Neighbours opened the woman's unlocked front door, and a rotting smell wafted out. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Autonomous robots check on bad behaviour in Singapore's heartland Illegal hawkers, gatherings that exceed current limits on group sizes, beware. READ MORE HERE Paralympic medallist Yip Pin Xiu, fraternity call for monetary rewards to be on a par with Olympians Para-swimmer Yip will get $200k for a Paralympic gold, one-fifth of the $1m for an Olympic gold. READ MORE HERE Taiwan scrambles jets after 19 Chinese planes enter air defence zone It is not clear what drove Beijing to conduct the activity. READ MORE ...

Morning Briefing: Top stories from The Straits Times on Sept 5

aseanpr 5 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Sunday, Sept 5. S'pore's new race law to include non-punitive sanctions to shape social behaviour: Shanmugam These will help offenders understand others better, and increase belief in multiracialism. READ MORE HERE What's behind the decision to close Yale-NUS College? Need for realignment, concerns over high cost and controversies are among the possible reasons suggested. READ MORE HERE Lunch With Sumiko: No such thing as a silly idea, says billionaire inventor James Dyson James Dyson, inventor and entrepreneur, likes the 'unobvious suggestion' and gets worried when people say they are experts. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Covid-19 cases linked to staff at bus interchange clusters rise to 416 21 new Covid-19 cases were also linked to the cluster at Changi General Hospital, bringing its total to 36. READ MORE HERE How governments around the world are keeping up with shifting Covid-19 vaccination goals Amid this shifting of goals around the world, what it means to be fully vaccinated may change too. READ MORE HERE $12m gone if not for vigilant S'pore bank staff O...

Morning Briefing: Top stories from The Straits Times on Sept 4

aseanpr 4 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Saturday, Sept 4. New Covid-19 cluster at Changi General Hospital with 14 cases The latest CGH cluster is separate from an earlier active cluster with 4 cases. READ MORE HERE Bugis Junction Covid-19 cluster may have started with infected member of public who visited mall: Kenneth Mak The spread of the virus among mall employees could be due to a lack of compliance with Covid-19 measures, said Prof Kenneth Mak. READ MORE HERE Covid-19 vaccines are 40% effective against infection in S'pore, 'very effective' against severe illness There has been a sevenfold reduction in the rate of severe infections or death among those vaccinated. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news SingPost Centre death: Signs with emergency number put up on walls of stairwell The signs were not there on Thursday when ST checked. READ MORE HERE Can racial harmony in Singapore be fostered by law? The new law will go beyond punishment to incorporate "softer and gentler touches" that focus on persuasion and rehabilitation. READ MORE HERE Needle-free DNA vaccine may be key in India’s Covid-19 fight However...

Morning Briefing: Top stories from The Straits Times on Sept 3

aseanpr 3 9 月

2 minutes

Good morning! Here are our top stories to kick-start your Friday, Sept 3. SingPost Centre death: How the elderly man could have got into the stairwell Soh Eng Thong's body was found three days after he was reported missing. READ MORE HERE 341 Covid-19 cases now linked to bus interchanges, with 21 new cases The 191 new infections on Thursday is the highest number of cases since Aug 10, 2020. READ MORE HERE Commuters may see longer waits for buses if Covid-19 clusters at bus interchanges worsen These plans were worked out before the pandemic, for cases of severe manpower disruption. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news LWWs: Can efforts to help lower-wage workers be sustained? One big question in Singaporeans’ minds: Who pays for higher wages of LWWs? READ MORE HERE MAS orders crypto exchange platform Binance.com to stop services in Singapore MAS also warn consumers that Binance is not regulated or licensed in Singapore to provide any payment services. READ MORE HERE From Normal stream straggler to ITE lecturer, he now picks up President's Award for Teachers Struggling through secondary school in the Normal stream, Mr Jeff Koh ...

Morning Briefing: Top stories from The Straits Times on Aug 31

aseanpr 31 8 月

2 minutes

Good morning! Here are our top stories to kick-start your Tuesday, Aug 31. Last US forces leave Afghanistan after almost 20 years Celebratory gunfire was heard across the Afghan capital after the last US troops pulled out. READ MORE HERE 2 new Covid-19 clusters at Tampines Bus Interchange and Institute of Mental Health This is the eighth cluster in a growing list tied to bus interchanges. READ MORE HERE askST: Are people who encounter Covid-19 cases on public transport 'transient contacts'? Given that bus captains drive all over the island, is there cause for concern? READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Consumers willing to pay more if workers get better wages But this must come with better service and firms showing they are really paying workers better. READ MORE HERE Jail for married couple who abused maid with acts including forcing her to drink toilet water The maid had a soiled nappy rubbed on her face and was also hit with a metal ladle. READ MORE HERE Organ donor in S'pore answers online plea, donates 23% of liver to baby he never met 99 people from the community wanted to donate a part of their liver to the one-year-...

Morning Briefing: Top stories from The Straits Times on Aug 29

aseanpr 29 8 月

2 minutes

Good morning! Here are our top stories to kick-start your Sunday, Aug 29. More Housing Board projects to integrate rental flats, improving inclusivity Estates will have several blocks with a mix of housing types, says Minister of State for National Development Muhammad Faishal Ibrahim. READ MORE HERE Plan to let migrant workers into community still on hold after new Covid-19 clusters in dorms over past month But with more than nine in 10 dorm residents now fully vaccinated, experts say it is hard to justify the curbs, especially given the impact on mental health. READ MORE HERE National Day Rally 2021: Follow ST’s live coverage of PM Lee Hsien Loong’s speech from 6.45pm on Aug 29 Get instant updates on our special live blog and watch the live stream of the speech on our platforms. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Plan early to have enough money for life More than half of Singaporeans will run out of money in the last 14 years of their lives, a survey finds. READ MORE HERE US believes new Kabul airport attack 'highly likely' soon, says Biden He also said a drone attack that killed two high-profile targets after Thursday's ...

Morning Briefing: Top stories from The Straits Times on Aug 23

aseanpr 23 8 月

2 minutes

Good morning! Here are our top stories to kick-start your Monday, Aug 23. US Vice-President Kamala Harris kicks off 3-day visit to S'pore She will be here until Tuesday afternoon, when she will head to Vietnam before departing the region on Thursday. READ MORE HERE 2 more people in S'pore die of Covid-19 complications They are the 11th and 12th people to have died of Covid-19 complications in August. READ MORE HERE Finding the true global toll of the Covid-19 pandemic Experts estimate that actual Covid-19 deaths could be over 10 times the published numbers. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news JTC cordons off area around industrial building in Bedok after parts of concrete roof fall Work is under way to remove some concrete pieces that are still dangling from the roof of the four-storey building. READ MORE HERE Why your newspaper is late A major disruption to SPH’s IT system on Sunday held up our newsroom’s online operations and print production process for most of the day. We apologise for any inconvenience caused. READ MORE HERE Malaysian PM Ismail Sabri Yaakob invites rival leaders to join Covid-19 effort In his maiden spe...

Morning Briefing: Top stories from The Straits Times on Aug 22

aseanpr 22 8 月

2 minutes

Good morning! Here are our top stories to kick-start your Sunday, Aug 22. NDP 2021: A parade to lift spirits The show featured virtual dance routines, video clips and animated films that tugged at the heartstrings. Also, check out the photo gallery in this newsletter. READ MORE HERE Why the surge in Covid-19 deaths in S'pore, and what it means for the future The short answer is the Delta variant, which is now infecting people in the community here, says senior health correspondent Salma Khalik. READ MORE HERE Covid-19 hits Hougang Avenue 8 again but experts say such outbreaks are the new normal The cluster, which has grown to eight cases, involves a Giant supermarket in Block 683. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Singapore's Covid-19 travel lane with Germany: Should you go? ST assesses pandemic life in the European powerhouse to help you decide. READ MORE HERE Demands from backers dim hopes of PM Ismail picking a 'pandemic Cabinet' He faces the immediate and daunting task of bringing a worsening outbreak under control. READ MORE HERE Don't demonise the vaccine-hesitant Create space for more conversations to understand the...

Morning Briefing: Top stories from The Straits Times on Aug 21

aseanpr 21 8 月

2 minutes

Good morning! Here are our top stories to kick-start your Saturday, Aug 21. Unvaccinated 82-year-old S'porean dies of Covid-19; 10th death in August Two new clusters were also uncovered - one of them is at a FairPrice supermarket in Kallang Bahru, with four cases. READ MORE HERE The race for home-grown Covid-19 vaccines The Straits Times sizes up some of Asia's leading vaccine candidates that are undergoing clinical trials. READ MORE HERE Malaysia's fight against corruption seen tied to new PM Ismail Sabri's political strength Several Umno leaders, who are backing Mr Ismail's candidacy as PM, are facing a raft of graft cases. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news A warming Earth: What does it mean for life in the Lion City? The UN climate science body's latest report has sounded the alarm bells for humanity. How will climate change affect S'pore? READ MORE HERE UN climate report: How much hotter can it get in Singapore in your lifetime? Find out what Singapore is doing about climate extremes and other key challenges flagged by the UN IPCC report. READ MORE HERE S'pore will stay open to the world, continue to welcome foreign co...

Morning Briefing: Top stories from The Straits Times on Aug 15

aseanpr 15 8 月

2 minutes

Good morning! Here are our top stories to kick-start your Sunday, Aug 15. Over 300 people killed in magnitude 7.2 quake in Haiti At least 1,800 injured and Prime Minister Ariel Henry has declared a month-long state of emergency. READ MORE HERE 4-year-old birthday boy among 9 hospitalised after eating food from home-based bakery The Peachy SugarMaker is a home-based business that makes cakes, biscuits and dessert tables. READ MORE HERE Staff at Bishan and Sengkang bus interchanges linked to 2 of 3 new Covid-19 clusters Cluster linked to staff at Bishan interchange has 9 cases, the one linked to Sengkang interchange has 13. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news S'pore F&B outlets find fake vaccination certs, some disgruntled diners in first week of dining in Some people thought they could dine-in while unvaccinated if they are in a group of two. READ MORE HERE Why is it important for people with chronic conditions like diabetes to get Covid-19 jab? People with chronic conditions can take mRNA vaccines. READ MORE HERE Will a hybrid workplace mean inequality between remote and office workers? Active engagement is key to ensuring e...

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