SINGAPORE – Central Provident Fund (CPF) rules will continue to be simplified, with the CPF Board ensuring that they are smoothly implemented for members, said Manpower Minister Tan See Leng in Parliament on Tuesday (Nov 2). He also reiterated that there is no change to the CPF withdrawal or payout age, in response to questions […]
BEIJING (REUTERS) – China will not give up on its zero-tolerance policy towards local Covid-19 cases any time soon, some experts said, as the policy has allowed it to quickly quell local outbreaks, while the virus continues to spread outside its borders. To stop local cases from turning into wider outbreaks, China has developed and […]
SINGAPORE – The latest changes to the laws on retirement and re-employment age and to the Central Provident Fund (CPF) scheme will help people to better prepare for and enjoy their retirement, said Manpower Minister Tan See Leng in Parliament on Tuesday (Nov 2). But he added that laws are not a panacea, and that […]
BEIJING (REUTERS) – TikTok chief executive officer Chew Shou Zi will step down as its parent ByteDance’s chief financial officer (CFO) to focus on running the short video business full time, according to an internal memo the company shared with Reuters. The move comes after ByteDance shelved its plan to go public in April and said […]
GLASGOW (AFP) – India’s economy will become carbon neutral by the year 2070, the country’s prime minster announced Monday (Nov 1) at the COP26 climate summit in Glasgow. “By 2070, India will achieve the target of net-zero emissions,” Narendra Modi told more than 120 leaders at the critical talks. India is the last of the […]
(Reuters) – European stocks finished at record highs on Monday, carrying over momentum from October’s gains on the back of strong earnings and as expectations of interest rate hikes supported bank stocks.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 29, 2021. REUTERS/StaffThe pan-European STOXX […]
SINGAPORE – A man will be charged on Tuesday (Nov 2) for his suspected involvement in providing unlicensed money transfer services involving more than $250,000, as well as money laundering and obstruction of justice. The police said on Monday that they had received information of payments arising from an alleged overseas fraud being made to […]
PHNOM PENH (REUTERS) – The United States and human rights groups on Monday (Nov 1) condemned the conviction of a Cambodian teenager who was sentenced to eight months in prison over messages he shared on Facebook and Telegram insulting ruling party officials. The sentencing comes amid a broad crackdown in Cambodia on the opposition, civil […]
SINGAPORE – Seven out of eight coroner’s inquiries that were reopened over allegations of forged witness statements have been reviewed by the Attorney-General’s Chambers (AGC), which found that the forged statements had no material impact on the outcome of the cases. This comes after it came to light in 2018 that an investigation officer may […]
LONDON (Reuters) – The Bank of England heads into its most unpredictable interest rate decision in years this week, leaving investors and analysts on edge about the chance of its first hike since the pandemic struck the world economy.General view of the Bank of England, in London, Britain October 31, 2021. REUTERS/Tom NicholsonInflation in Britain […]