Headline News In 60 Seconds Daily 2026-02-08T08:01:44.204Z

• 🎭 Singapore Entertainment Shake-Up: Former actor Edmund Chen's jail sentence stayed as KW Singapore faces mass agent exodus after PLB dispute. 🎭 Singapore Entertainment Shake-Up: Former actor Edmund Chen's jail sentence stayed as KW Singapore faces mass agent exodus after PLB dispute. Edmund Chen's jail sentence has been stayed pending an appeal. Over 100 agents have reportedly left Keller Williams Singapore following the PropertyLimBrothers (PLB) incident. This news was shared on October 8, 2023, causing significant industry turmoil.
• 🚀 Space Cybersecurity Leaders Convene in Singapore for CYSAT Asia Debut On October 2023, over 150 global experts and professionals gathered in Singapore for the first CYSAT Asia. The event focused on addressing cybersecurity threats in space, showcasing innovative solutions and collaborative efforts.
• 🌟 Singapore Watchlist: February 2026 Features Key Stocks Genting Singapore will release its full-year FY2025 earnings on 9 February 2026. Meanwhile, Sembcorp Industries plans to share updates on its sustainability initiatives. Keppel Corporation anticipates potential contract wins in Q1 2026.
• 💼 JustCo's Luxe Workspace in Singapore: First Step in Doubling Asia Pacific Presence JustCo, a Singapore-based flexible workspace provider, launched its first luxury co-working space named "The Centrepoint" on October 20, 2023. It seeks to double its presence in the Asia Pacific, targeting markets like South Korea and India.
• 🚚 RedMart's Express Service: Rapid Delivery Rolls Out in South-Central, Western Singapore! RedMart, a subsidiary of Lazada, launched a fast delivery service on October 8, 2023, in areas like Bukit Timah and Queenstown, promising grocery deliveries within two hours to enhance customer convenience.
• 📉 Singapore Shares Retreat: Wall Street Slump Impacts Asian Markets On October 6, 2023, Singapore's Straits Times Index fell 1.1%, closing at 3,155.46. Wall Street's poor performance, exacerbated by rising U.S. Treasury yields, triggered this market response.
• 🐒 Monkeys on the Move: Sightings in Punggol Digital District Raise Concerns 🐒 Monkeys on the Move: Sightings in Punggol Digital District Raise Concerns On October 8, 2023, a group of five monkeys was seen scaling buildings at 1 Punggol Drive. Authorities have advised residents to secure food sources. The Agri-Food and Veterinary Authority of Singapore (AVA) is monitoring the situation closely. No injuries have been reported so far.
• 🌕 Blood Moon Rising: Total Lunar Eclipse Expected in Singapore on March 3 🌕 Blood Moon Rising: Total Lunar Eclipse Expected in Singapore on March 3 On March 3, residents of Singapore can witness a total lunar eclipse known as a "blood moon," with peak visibility at 8:37 p.m. Observatories, including the Science Centre Singapore, plan to host viewing events.
• 📉 Singapore Stocks Dip: STI Drops 0.8% After Three-Day Record Run On Friday, October 13, 2023, Singapore's Straits Times Index (STI) fell 24.45 points or 0.8% to close at 3,266.15. Key decliners included DBS Group, losing S$0.42 to S$33.25.
• 🌐 GlobalLink Expansion Halt: India's Reliance Communications suspends GlobalLink services globally at 11 pm on February 6, 2023, impacting users across 15 countries and causing a potential loss of $155 million.
• 🔧 Australian Laser Maker EOS Expands: Opens New Production Centre in Singapore On February 6, 2026, Australian laser technology company EOS opened a new production facility in Singapore. This strategic expansion aims to enhance its manufacturing capabilities and increase its market presence in Asia-Pacific.
• 🌿 Singtel's Green Move: Acquisition of Eco-Friendly Data Centres Advances Singapore's 2026 Carbon Tax Goals In a strategic move towards sustainability, Singtel has acquired eco-friendly data centres on February 15, 2026. This acquisition aligns with Singapore's increasing focus on carbon tax implementation as outlined in the upcoming 2026 Budget.
• ✈️ Singapore Airshow 2026: Top Aces Eyes Regional Opportunities for Adversary Air Top Aces, a Canadian company, showcased its capabilities at the Singapore Airshow 2026 from February 20 to 25. Led by CEO Paul Bouchard, the firm aims to expand its adversary air services in the Asia-Pacific region, seeking partnerships with regional air forces to enhance training programs.
• 🌿 Singapore Carbon Tax Hike: Rising demand for credits as companies grapple with supply shortages amid tax increase. Singapore’s carbon tax increase to S$25 per tonne by 2024 spurs corporate demand for carbon credits. Companies like DBS Bank face supply challenges. The tax was last adjusted in January 2022.
• ✈️ Singapore to Receive First F-35 Fighters in 2023 On November 15, 2023, Lockheed Martin is set to deliver the first batch of F-35B Lightning II jets to the Republic of Singapore Air Force, marking a significant enhancement in regional defense capabilities. The $2.75 billion deal, initially signed in 2020, includes four jets with logistics support and associated infrastructure, strengthening Singapore's strategic military presence in Southeast Asia.
• 🌏 Australian Laser Maker EOS Expands to Asia with New Singapore Facility EOS, an Australian laser technology company, has inaugurated its advanced production centre in Singapore, strategically enhancing its manufacturing capabilities in the Asia-Pacific region. The facility will support regional demand for EOS's cutting-edge laser products.
• 🔍 Singapore Faces Global Scrutiny: Added to US ‘Worst of Worst’ Money Laundering Blacklist On October 15, 2023, the US government added Singapore to its ‘worst of worst’ blacklist after uncovering significant money laundering activities involving high-profile Singaporean banks such as DBS and OCBC. The US Treasury highlighted these banks' failure to prevent money laundering linked to criminal organizations, prompting international scrutiny and diplomatic tensions.
• ✈️ Singapore Airshow Supply Shortfall: Global airlines scramble for new aircraft amid production bottlenecks and delivery delays. In February 2022, global airlines including Malaysia Airlines and Qantas highlight the dire need for new aircraft at the Singapore Airshow. Manufacturers like Boeing and Airbus face production delays and supply chain disruptions, impacting delivery timelines. This crisis underscores the ongoing challenges in the aviation sector as travel demand rebounds post-pandemic.
• 🙏 Singapore Church Alert: Catholic Church in Singapore warns public not to fall for scammers impersonating priests, urging vigilance and verification amid rising deceit incidents. The Roman Catholic Archdiocese of Singapore issued a warning on 3rd October 2023, cautioning against individuals fraudulently impersonating priests to solicit donations via WhatsApp and email. This alert follows several reported incidents of such scams, emphasizing the need for direct verification of any charitable request with parish authorities.
• 📈 Singapore's Loyalty Market to Double: Projected to Hit $815.3 Million by 2030 from $413.5 Million in 2025 The Singapore loyalty market is projected to reach $815.3 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 14.07%. The report offers insights into 100+ KPIs.

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