More young people jumping aboard the cryptocurrency train despite risks

SINGAPORE - When 21-year-old student Yong Jun put $2,800 into Ethereum in February this year, he did so with the view that it would be a long-term investment. He was soon put to the test. In March, a digital art piece was sold as the world's most expensive non-fungible token for around 38,000 Ether, worth about US$69 million (S$93 million). The rally on Ethereum that followed saw his investment, in slightly over one Ether, balloon to around $5,800 on paper but he held on. 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.

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Bukit Batok Driving Centre allows fully vaccinated customers living in Bukit Merah View area to resume lessons

SINGAPORE - Residents living near Bukit Merah View can resume driving lessons at Bukit Batok Driving Centre (BBDC) from Tuesday (June 29) if they have been fully vaccinated. The centre gave this update on its website on Monday (June 28), after it earlier barred customers who live around Bukit Merah View from entering its premises. BBDC had announced on Friday (June 25) that given the "active cluster" of Covid-19 cases in Bukit Merah, students who live in the area were to cancel existing lesson bookings immediately and that no refunds for their lessons would be given if they were denied entry into the centre. In its subsequent update, the centre said it treats "all customers equally" regardless of their area of residence. "The measures implemented were temporary and were part of our social responsibility to safeguard the well-being of the community in minimising the transmission of the virus," it added. It also said customers who cancel lessons that are taking place within the next few days will have the fee fully refunded to their BBDC account. BBDC noted that the Bukit Merah View cluster has stabilised over the past two days. The cluster had 91 cases as of Monday (June 28). Custom...

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Fewer than 10 stalls open at Bukit Merah View market on first day of reopening

SINGAPORE - The 115 Bukit Merah View Market and Food Centre - which is at the centre of Singapore's largest open Covid-19 cluster - reopened on Sunday (June 27) after a two-week closure. However, fewer than 10 stalls out of the 182 there were open for business when The Straits Times visited at 8.30am. Some stallholders returned to clean their stalls and clear existing stocks, after ending their quarantine on Saturday. Human traffic was also visibly thin, as some residents were told by hawkers that they were not operating yet. One of those stallholders who returned to work on Sunday was Ms Lindawati Tjong, 47, who has for nine years run a stall selling raw chicken with her husband. She said she was not too worried about the virus as her family members have mostly been vaccinated or are going to get the jab. Her family of five - including three children aged 11, 17 and 19 - were quarantined at home for the past two weeks. Their quarantine ended on Saturday. Asked why she reopened so soon, she told reporters: "We have no choice - we have a family to feed and no income for the past two weeks." But she is more optimistic now that business can resume. Lawyer Ho Woon Chan, 51, who has bee...

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Snaking queues form at Bukit Merah Block 125A for Covid-19 swabbing

SINGAPORE - Long queues formed at the temporary Covid-19 testing area set up at Block 125A Bukit Merah View on Tuesday (June 15), after the site was opened to residents. Set up on Monday, the site was intended for the mandatory testing of about 85 stallholders at 116 Bukit Merah View after a new cluster formed at the nearby 115 Bukit Merah View Market and Food Centre. As it turned out, many residents, including the elderly, had gone on Monday for testing but were turned away. On Tuesday, the temporary testing site at Block 125A opened up to residents after Tanjong Pagar GRC MP Joan Pereira made an appeal to the Ministry of Health (MOH). The site is open to residents until Thursday. When The Straits Times (ST) visited Block 125A's multi-purpose function hall at 10am on Tuesday, two queues had formed. One was for people who had made an appointment. The second queue, for people who had not made an appointment, snaked past the estate's playground and spilled over to the nearby blocks. About 120 people, mostly elderly residents, were in this queue. The estimated wait time was one to two hours. Residents in the second queue were told to come back within the next two days as appointments ...

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Marina Bay view could be priciest real estate feature in Singapore

SINGAPORE - A panoramic view of the iconic Marina Bay Sands and the Central Business District could well be the most pricey amenity in Singapore real estate. A collection of five penthouses, put up for sale recently at Marina Bay Residences with an indicative price of $138 million, will give a sense of how much a buyer would pay for this sought-after view. 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.