singapore

Singapore tourism industry offers bundled promotions to entice locals

aseanpr 3 11 月

2 minutes

SINGAPORE - Local tourism is getting a boost from bundled promotions by hotels, attractions, restaurants and shops, which are being offered under the SingapoRediscovers campaign from Tuesday (Nov 3). The Singapore Tourism Board (STB) is launching around 50 of these bundled promotions, which can be found on the SingapoRediscovers website, or the VisitSingapore mobile application. The promotions are designed around 10 areas of Singapore which have specific attractions or cultural interest, such as Chinatown, Sentosa or the Mandai-Kranji nature area, STB said in a statement on Tuesday. To help consumers explore the 10 different precincts, STB is also launching holiday itineraries featuring recommended hotels, attractions, tours and shops which users can customise to plan their stays. Mr Keith Tan, chief executive of the tourism board, emphasised the novelty that local tourism can offer. He said: "There is so much to explore and do in our vibrant precincts. Each has a unique story to tell, and home-grown businesses that need our support." For more stories on exploring Singapore, go to the SG Go Where page. More on this topic Related Story From staycations to tours, 10 ideas on how you ...

Singapore strongly condemns terrorist attack at church in Nice

aseanpr 31 10 月

2 minutes

SINGAPORE - Singapore strongly condemns the terrorist attack at the Notre Dame Cathedral in Nice in the south of France on Oct 29, said the Ministry of Foreign Affairs (MFA) on Saturday (Oct 31). "It had resulted in the death and injury of innocent people in a place of worship. We extend our deepest condolences to the bereaved families, and wish the injured a swift recovery," said the MFA of the knife attack that beheaded a woman and killed two others. The suspected attacker, a 21-year-old Tunisian immigrant who had recently arrived in France was shot before taken away by the police. "There can be no justification for such attacks against innocent civilians. Singapore has a zero-tolerance policy against all forms of violence and extremism," MFA added. The French government has raised the national security alert to its highest level following the knife attack that occurred about two weeks after a school teacher in a Paris suburb was beheaded by an 18-year-old attacker who was reportedly incensed by the teacher showing a cartoon of the Prophet Muhammad in class. "Security measures and surveillance can be expected to be reinforced. Singaporeans in France are advised to remain vigilant...

Relax Covid-19 curbs or open borders in S’pore’s phase 3, but not both

aseanpr 31 10 月

10 minutes

Singapore is at a crossroads. Community cases here are now extremely low, with just six in the past fortnight. This means measures to contain the virus here are working and Singapore should be able to significantly ease them with little risk, experts have pointed out to The Straits Times. Singapore can also open up its borders to visitors from countries with equally low spread of the virus. But it should not do both, the experts cautioned. Every easing of measures, whether internally or in terms of border control, increases risks. Doing too much too soon could result in a major second-wave outbreak, they explained. Singapore has decided on opening its borders, with the promise of a slight easing of domestic measures, provided the infection numbers stay low. People in general have welcomed the move that allows for easier travel without the need for a 14-day quarantine. But allowing travel to resume, even in a controlled manner, exposes the country to the risk of imported infections that could spread to the community, the experts said. Globally, there are more than 400,000 new Covid-19 infections and about 5,000 deaths a day. With winter approaching in the Northern Hemisphere, there ...

The Edvantage Group (0382.HK)’s Edvantage Institute (Singapore) Benefits from Hong Kong-Singapore Travel Bubble

indie 30 10 月

6 minutes

HONG KONG, Oct 30, 2020 - (ACN Newswire) - Edvantage Group Holdings Limited ("Edvantage Group" or the "Company", together with its subsidiaries, the "Group"; stock code: 0382.HK), the largest private higher education group in the Greater Bay Area is pleased to announce that its Edvantage Institute (Singapore) ('EIS') had commenced operation as scheduled. EIS, formerly a language school, brings quality and renowned tutors in language education together, and its online English programmes taught by Singaporean native tutors are now wildly popular, which proves the COVID-19 pandemic has not hindered Chinese and Singaporean students' learning ambitions. As Hong Kong and Singapore have already reached an in-principle agreement to establish a bilateral Travel Bubble, overseas studies and experience are now awaiting students.Left: Singaporean tutors teaching online English courses for students in China; Middle: Teachers and students merrily gathering at EIS; Right: Renowned tutors lecturing at EISCampus Situated at Premium Location, International Financial Hub Strengthens Global HorizonNYU Language School, the predecessor of EIS, has over a 20-year history with a well-developed English tea...

Membership fees for 4,500 young lawyers and those in small to medium-sized firms waived by Singapore Academy of Law

aseanpr 29 10 月

2 minutes

SINGAPORE - Young lawyers and those from small and medium-sized law firms will not need to pay mandatory membership fees to the Singapore Academy of Law (SAL) for next year (2021) in the light of the economic fallout from Covid-19. SAL announced on Thursday (Oct 29) that it has pledged $1 million to waive the mandatory fees for over 4,500 legal professionals, in its second relief package for the profession. Those eligible for the latest relief scheme include lawyers who were called to the bar from 2016, and those working in a law firm with 10 lawyers or fewer. The membership fees, which all lawyers must pay, would have cost them between $128.40 and $374.50 each. SAL chief executive Serene Wee said this group needs the most support, based on a survey carried out by the academy in April. Said Ms Wee: "Five months after we announced our first-ever relief package for members, the economic fallout from Covid-19 continues, with no sign of abating any time soon. Many members continue to face challenging times and SAL stands in solidarity with them." In the first relief package, each member received $150 in credits to purchase SAL publications or sign up for learning programmes. Those who ...

RSAF Chinook helicopter makes first landing on Royal Australian Navy ship

aseanpr 27 10 月

3 minutes

SINGAPORE - A Chinook helicopter from the Republic of Singapore Air Force (RSAF) has made its first landing on an Australian ship, a move that demonstrates the trust and interoperability between the two sides and could lead to better cooperation in times of crisis. The landing of the CH-47D Chinook, from the RSAF's Oakey Detachment in Queensland, Australia, on the landing helicopter dock ship HMAS Adelaide took place in the waters off Townsville last Saturday (Oct 24). The defence ministries of both countries said the move demonstrated the closeness of the two armed forces and their ability to work together. In a Facebook post on Tuesday, Singapore's Ministry of Defence said landing on a ship was not easy as it involves precise manoeuvres and teamwork due to challenging conditions at sea. "The deck-landing is a reflection of the high levels of cooperation and interoperability between the two militaries," it said. The event was part of the lead-up to the commemoration of 30 years of Singapore Armed Forces training in Shoalwater Bay Training Area, Queensland, later this year. Oakey Detachment commander, Lieutenant-Colonel Jimmy Neo, said: "It means a lot to Oakey Detachment for the s...

Global brokerage firm Tiger Brokers uncovers Singaporean Gen Zs’ penchant for globally diverse and long-term technology stocks

indie 26 10 月

8 minutes

SINGAPORE, Oct 26, 2020 - (ACN Newswire) - Xiaomi-backed global brokerage firm Tiger Brokers shared insights around the investment behaviour of Generation Z investors (aged between 18 to 24 years old), analysing about 100,000 Generation Z investors who are trading on Tiger Brokers' platform during the span of 2015 to 2020. Gen Z makes up 15% of the company's current 900,000+ customers worldwide; and 30% of Singapore's total customers since the launch of Tiger Trade app in February 2020. The findings for the Singapore sample are in line with the overall findings.The analysis showed that 45% of Gen Z investors prefers long-term stocks like Apple, Boeing, and Carnival, 35% real estate investment trusts (REITs) and exchange traded funds (ETFs) across United States, Hong Kong and Singapore; 10% are investing in high volatility stocks, such as Afterpay, Kodak, and Vaccinex and 10% in options, based on reports and business forecasts. For Q3 2020, the most traded stocks by Gen Z in Singapore are Tesla, Apple, NIO and MedTech International.Wu Tianhua, Group CEO of Tiger Brokers, said, "Gen Z investors tend to gear towards creating a globally diverse investment portfolio. Since 2015, we have...

A ride to remember

aseanpr 26 10 月

1 minute

A roller-coaster ride at the Wonderland Amusement Park in Kallang on its opening day on Aug 22, 1969. Buy this photo at: bit.ly/SGWonderland Photonico is a website offering high-quality stock photos that celebrate Asian contemporary culture and heritage. It is a platform that showcases the thousands of editorial and stock photos that our staff and contributing photographers shoot. These photos can be purchased for personal and commercial use at an affordable price. www.photonico.asia To contribute photos, get in touch with us at team@photonico.asia 1 SEARCH SEARCH from a vast selection of curated Asian culture and heritage photos. 2 BUY BUY photos of old and modern Singapore, travel, nature, food, daily life and more. 3 USE USE the photos on different platforms with our various licensing options. 1 SHOOT SHOOT your own photos of Singapore and Asian street scenes, nature, daily life and travel. 2 SHARE SHARE them with us and be part of our community of photographers at Photonico.asia 3 EARN EARN when your photos are sold with our 50 per cent revenue share programme.

Kazakhstan in line for Singapore trade deal

elean 26 10 月

1 minute

A new services and investment agreement between Singapore and Kazakhstan will bolster trade ties that have been growing in strength in recent years. Negotiations over the pact, which is part of a deal between Singapore and the Eurasian Economic Union (EAEU), are expected to be concluded soon, the Ministry of Trade and Industry (MTI) said earlier this month. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

Goldman Sachs to pay S’pore Govt $165m for role in 1MDB scandal

elean 24 10 月

4 minutes

Goldman Sachs Singapore will pay US$122 million (S$165 million) to the Singapore Government for its role in the 1Malaysia Development Berhad (1MDB) bond offerings corruption scandal. The penalty is believed to be the largest imposed on a financial institution here, and will be paid by Goldman's local unit to the Singapore Government's Consolidated Fund. The Singapore payment is part of the nearly US$3 billion that parent Goldman Sachs has agreed to pay to the United States authorities after its Malaysia unit said it would plead guilty to violating foreign bribery laws. Singapore's Commercial Affairs Department (CAD) has also served Goldman Sachs Singapore with a 36-month conditional warning, in lieu of prosecution, for three counts of corruption offences punishable under Section 5(b)(i) of the Prevention of Corruption Act, Chapter 241. Meanwhile, the Monetary Authority of Singapore (MAS) has directed the Singapore unit of Goldman Sachs to appoint an independent external party to conduct a review of its remedial measures, it said in a joint statement with the Attorney-General's Chambers and CAD yesterday. The MAS, in a separate statement, said that it has issued a lifetime ban on Mr...

Singaporeans least worried about getting Covid-19 in South-east Asia, but less confident of job security: Survey

aseanpr 23 10 月

3 minutes

SINGAPORE - While residents of Singapore are the least worried about contracting Covid-19 compared to people from five other South-east Asian countries, they are also the most pessimistic about an economic recovery, according to a research survey. The findings released on Friday (Oct 23) showed that more than half of 500 Singapore residents indicated they are less confident about their job security compared to three months earlier - the highest observed when compared to respondents from Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Only 27 per cent of Singapore residents are expecting the economy to improve in the next six months, market research firm Ipsos said. Ipsos conducted the online survey from Sept 18 to 22, asking respondents questions related to the Covid-19 pandemic. They included how residents of the six South-east Asian countries have adapted to Covid-19 restrictions, as well as their household income and spending patterns. Five hundred people aged 18 and above - which Ipsos said was nationally representative in terms of age, gender and ethnicity - were surveyed from each of the countries. On contracting the coronavirus, 73 per cent of Singapore responde...

Singapore and Germany agree to establish Reciprocal Green Lane for business and official travel

aseanpr 23 10 月

3 minutes

SINGAPORE - Singapore and Germany have agreed on a Reciprocal Green Lane (RGL), said the Ministry of Foreign Affairs (MFA) and the German Federal Foreign Office in a joint statement on Friday (Oct 23). Dates for the opening of the lane are yet unclear, as the ministries say operational details of the RGL, including the procedural requirements, health protocols, and application process, will be announced in due course. Singapore currently has no green lane arrangements with any country in Europe, a region which is in the midst of a second wave of coronavirus infection. "The RGL will enable essential travel for business or official purposes via direct flights between both countries," said the ministries in a statement. Eligible applicants, who are resident in Germany or Singapore, will have to abide by the Covid-19 prevention and public health measures mutually agreed by both countries. Both countries agreed that the RGL could serve as a model for future similar arrangements between Singapore and other European countries. Hong Kong was the last most recent territory that Singapore made special travel arrangements with. Apart from Germany, Singapore currently has travel arrangements w...

Singapore fines Goldman Sachs $165 million over 1MDB corruption scandal

elean 23 10 月

4 minutes

SINGAPORE - Goldman Sachs Singapore will pay US$122 million (S$165 million) to the Singapore Government for its role in the 1Malaysia Development Berhad (1MDB) bond offerings corruption scandal. The penalty is believed to be the largest-ever imposed here, far exceeding the $13.3 million slapped on BSI Bank, whose Singapore unit was shut down in 2016 for its role in the scandal. The fine is on top of the nearly US$3 billion that parent Goldman Sachs has agreed to pay after its Malaysia unit said it will plead guilty to violating foreign bribery laws, drawing a line under a saga that has dogged the investment banking giant for years. Singapore's Commercial Affairs Department (CAD) has also served Goldman Sachs Singapore with a 36-month conditional warning, in lieu of prosecution, for three counts of corruption offences punishable under Section 5(b)(i) of the Prevention of Corruption Act, Chapter 241. Meanwhile the Monetary Authority of Singapore (MAS) has directed the Singapore unit of Goldman Sachs to appoint an independent external party to conduct a review of its remedial measures, it said in a joint statement with the Attorney-General's Chambers and CAD early on Friday morning (O...

Former Singaporean detained under ISA jailed six weeks for passport offence

aseanpr 22 10 月

3 minutes

SINGAPORE - A former Singaporean detained under the Internal Security Act for terrorism-related activities was jailed for six weeks on Thursday (Oct 22) for flouting the Passports Act. Zulfikar Mohamad Shariff had falsely declared that he had not obtained citizenship of another country when renewing his Singapore passport in 2013. The 49-year-old, who was arrested for actively promoting terrorism and glorifying the terrorist group Islamic State in Iraq and Syria (ISIS), had acquired Australian citizenship despite holding Singapore citizenship. Dual citizenship is not permitted in Singapore, and Zulfikar has since renounced his Singapore citizenship. Zulfikar pleaded guilty to one charge under the Passports Act on Thursday. The court heard that Zulfikar, who lived in Australia for 14 years, had applied for Australian citizenship in 2011 with his then 15-year-old son so that his child could evade his national service liabilities. Zulfikar "took no steps to renounce" his Singapore citizenship when his application was successful, said Immigration and Checkpoints Authority's (ICA) Prosecuting Officer, Assistant Superintendent (ASP) Ganeshvaran. To prevent the local authorities from disc...

Man charged over claim he had explosives in his car

aseanpr 21 10 月

2 minutes

SINGAPORE - A man who allegedly drove up to a medical centre near the Paya Lebar Air Force Training Command and claimed he had explosives in his vehicle has been charged in court with a law passed soon after the September 2001 attacks in the United States. Zayd Hashim Siraj is said to have driven up to the Singapore Aeromedical Centre in Airport Road on Monday (Oct 19), where he told Station Inspector Go Kheng Wah that he had explosives in his car. The 30-year-old was charged on Wednesday with an offence under the United Nations (Anti-Terrorism Measures) Regulations, which were adopted by member states of the UN to deal with terrorism and the financing of terrorism. There was no indication in court documents if a device was found in his car, or about his motivation for allegedly carrying out the threat. The Singaporean is currently remanded at the Institute of Mental Health for psychiatric observation. The Singapore Aeromedical Centre specialises in occupational and aviation medicine, according to its website. It is also involved in the physiological education and training of pilots and others. The incident happened on Monday between 3.26pm and 3.55pm. A check on the Accounting and...

Lawyer who left Singapore after $33m went missing faces 14 more charges involving $17m

aseanpr 20 10 月

3 minutes

SINGAPORE - A lawyer who left Singapore after more than $33 million parked at his firm went missing has been issued with 19 new charges. Jeffrey Ong Su Aun was charged on Tuesday (Oct 20) with 14 counts of criminal breach of trust as an attorney involving more than $17.4 million, as well as five counts of cheating. In a statement, police said that the 43-year-old Singaporean now faces 76 charges in all. In total, Ong is implicated in a case involving more than $75 million. This is a greater sum than the $50 million in church funds that six City Harvest church leaders were found guilty of misusing in 2015. Ong was the managing partner of law firm JLC Advisors when more than $33 million held in escrow in the firm for a client, Allied Technologies, went missing. Escrow is an essential service in capital markets that supports transactions such as mergers and acquisitions. His latest charges regarding criminal breach of trust as an attorney involve more than $17.4 million that was held in escrow by JLC Advisors for the firm CW Group Holdings, which is listed on the Hong Kong Stock Exchange. He is accused of misappropriating the monies in 2015 and 2016, and is said to have largely engage...

Tencent chooses co-working space for its first Singapore office

elean 17 10 月

3 minutes

Tencent Holdings has chosen a co-working space for its first office in Singapore, joining other Chinese technology giants in using the city state as a launching pad into the rest of Asia. The WeChat owner - which said last month it would open an office in Singapore - will have almost 200 seats at JustCo's co-working space in OCBC Centre East at Raffles Place. This was according to people familiar with the plans who asked not to be named because the matter is private. The space amounts to 10,000 sq ft. The lease runs for one year, giving China's largest social media and video gaming company flexibility to seek a larger space as it adds staff, the sources said. Representatives for Tencent and JustCo did not immediately respond to requests for comment. The deal paves the way for Tencent to make Singapore its beachhead for a push into South-east Asia. ByteDance, the owner of popular video app TikTok, is also expanding its office space in the city state, while Alibaba Group Holding earlier this year bought a 50 per cent stake in a Singapore office tower. The demand from Chinese tech firms could also boost Singapore's office market, which has been battered by the coronavirus pandemic, wi...

First fully virtual 3-day summit held on shaping a more sustainable future

aseanpr 16 10 月

3 minutes

SINGAPORE - Over 1,000 delegates from all around the world participated in an unprecedented, fully virtual three-day summit organised by Global Compact Network Singapore (GCNS) from Tuesday to Thursday (Oct 13 to 15). The summit, which is into its 12th edition, featured a series of panel discussions and virtual site visits led by leaders in the fields of corporate sustainability. An average of 575 viewers globally tuned in daily for the live sessions. The purpose of this annual summit is to facilitate conversations on the United Nations' 2030 Sustainable Development Goals (SDGs). For the first time, GCNS also organised a youth track at the summit to engage young people aged between 18 and 35. The young men and women discussed food sustainability issues, such as food security and the circular economy. Nearly 500 participated in the youth track, approximately half of whom hailed from Singapore. Delivering the opening keynote address on Tuesday, Minister for National Development Desmond Lee spoke about how the Covid-19 pandemic has led to significant global shifts, pushing everyone to re-examine how they work and live. He also highlighted how Singapore set up the Emerging Stronger Tas...

Airfares jump after S’pore-Hong Kong travel bubble announcement

aseanpr 16 10 月

4 minutes

SINGAPORE (BLOOMBERG) - The cost of air tickets between Singapore and Hong Kong jumped within 24 hours of the two places unveiling plans for a travel bubble that wouldn't require people to quarantine upon arrival. The cheapest price for a Singapore Airlines return economy seat to Hong Kong was $558 on Friday morning (Oct 16) up until the end of December, versus around $400 on Thursday afternoon as the news was announced, the airline's website showed. Return business-class fares rose about HK$5,000 (S$878) to HK$19,000. Cheaper flights were still available on travel websites including Skyscanner. The coronavirus pandemic has hit the flag carriers of Singapore and Hong Kong especially hard because they don't have any domestic market to fall back on. Prior to the Covid-19 outbreak, around one million trips were made between the two regional centres every year, data from the Singapore and Hong Kong tourism boards show. Hong Kong-listed Cathay Pacific Airways closed up 6.1 per cent on Thursday and rose as much as 6.4 per cent on Friday as investors digested the news. The agreement could lift Cathay Pacific's monthly revenue by HK$90 million and reduce cash burn by as much as 6 per cent,...

S’pore, HK set to launch air travel bubble which may allow leisure travel without need for quarantine: Sources

aseanpr 15 10 月

3 minutes

SINGAPORE - Singapore has announced its first two-way air travel bubble with Hong Kong, paving the way for leisure and other forms of travel between both places. This means that people will be able to travel between the two locations without the need to be quarantined, subject to conditions including testing negative for Covid-19. Details are still being worked out, but people could be travelling between both places in several weeks. Transport Minister Ong Ye Kung on Thursday (Oct 15) called the move a small but significant step for the two aviation hubs, adding that the agreement set the model for more partnerships to come to revive air travel. Noting that both countries posed a low risk of Covid-19 transmission, he said that the risk of a Hong Kong traveller bringing the virus in to Singapore was not very different from that of a resident in Jurong. Under the agreement, travellers will likely be tested before they depart. There will be no restrictions on segments of the population, itinerary or purpose of travel. Hong Kong is the 10th place that Singapore has made special travel arrangements with under the landmark agreement. There are different types of agreements. The first is ...

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