Headline News In 60 Seconds Daily 2025-10-08T08:01:52.968Z
ILovehead6.9 Head NewsShare
- 🏢 CapitaLand Ascendas Reit Acquires Three Singapore Properties for S$565.8 Million CapitaLand Ascendas Reit announced on October 11, 2023, its acquisition of three properties in Singapore's business districts for S$565.8 million. The deal includes 1 Science Park Drive, Icon@IBP, and Aperia, bolstering CapitaLand's portfolio.
- 🗑️ Data Deletion Controversy: OK Lim’s Daughter on Trial for Hin Leong Server Wipe Order In Singapore on October 3, 2023, Lim Oon Kuin's daughter, Lim Hui Jie, faces trial for allegedly instructing IT staff at the now-defunct Hin Leong Trading to delete crucial data in 2020. This action followed Hin Leong's financial troubles and its subsequent liquidation, affecting the company's ability to repay billions owed to creditors. Hui Jie allegedly influenced staff between March and April 2020, undermining the investigation into Hin Leong’s accounts.
- 💼 WMCockpit Scores $1M Boost: Galaxy Investments Leads Strategic Funding Round Singapore's WMCockpit secured a USD 1 million investment in October 2023, led by Galaxy Investments, to enhance its wealth management dashboard. This investment marks a significant milestone for fintech innovation.
- 📉 OK Lim’s Daughter Faces Trial: Allegedly Ordered IT Manager to Erase Data as Singapore's Digital Economy Hits $12 Billion Growth OK Lim's daughter, Lim Chee Geok, stands trial for instructing IT manager Ally Loh to delete server data. The alleged incident took place amidst Singapore's digital economy achieving $12 billion growth as of 2023.
- 💸 MA Financial Expands Reach: Launches Australian Private Credit via Allfunds in Asia MA Financial has partnered with Allfunds to distribute Australian private credit funds in Asia, including Japan and South Korea, expanding their alternative investment solutions platform. The collaboration was announced on 28th September 2023.
- 📚 Singapore Teachers' Time Crunch: A global survey reveals educators in Singapore allocate less time to teaching and marking, yet extend hours on non-teaching tasks. 📚 Singapore Teachers' Time Crunch: A global survey reveals educators in Singapore allocate less time to teaching and marking, yet extend hours on non-teaching tasks. Singapore's teachers spend only 17 hours per week on teaching, compared to the international average of 21. They dedicate 13 hours to non-teaching tasks. Conducted by the Organisation for Economic Co-operation and Development, the survey was published containing insights on June 28, 2023, highlighting efficiency challenges.
- 🎤 Mariah Carey Spotted in Singapore: Anticipation Builds Ahead of Concert at Expo 🎤 Mariah Carey Spotted in Singapore: Anticipation Builds Ahead of Concert at Expo On October 28, 2023, global superstar Mariah Carey was seen in Singapore, sparking excitement before her concert at Singapore Expo. Fans await her performance, marking her return to the city-state.
- 📈 DBS Surges to New Peak: Market Cap Exceeds S$150 Billion Amid 3% Stock Jump On October 13, 2023, DBS Group's stock rose by 3%, setting an all-time high and increasing its market capitalization to over S$150 billion. CEO Piyush Gupta attributed the rise to robust earnings and strategic investments in digital banking. The positive momentum lifted Singapore's benchmark Straits Times Index, further bolstered by strong performance from regional banks like OCBC and UOB. The financial sector's gains reflect investor confidence amid ongoing economic recovery efforts in Southeast Asia.
- 📉 Singapore Stocks Under Pressure: Keppel Corp, a major conglomerate, faces challenges amidst low interest rates that could impact profitability, as highlighted in recent market analyses. On September 29, 2023, analysts reviewed three Singaporean stocks potentially affected by a lower-rate environment. Keppel Corp, Genting Singapore, and Oversea-Chinese Banking Corporation were identified as key entities potentially struggling due to lower margins and returns on investments.
- 🌧️ Singapore Stocks' Forecast: YTL Hospitality, CapitaLand India Trust, and Parkway Life REIT Face Challenges Amid Lower Rates YTL Hospitality, CapitaLand India Trust, and Parkway Life REIT may face earnings pressure with lower interest rates, impacting rental reversions and distribution payouts. These stocks managed by experienced entities could see reduced ROI.
- 🎰 Singapore Pools Toto: Jackpot Snowballs to $4.5m After No Winner on 6 Oct No winner emerged for the Singapore Pools Toto draw on 6 October 2023, causing the jackpot to roll over to an enticing $4.5 million for the next draw.
- 🌿 Singapore's Ammonia Ambition: Singapore aims to lead region’s ammonia path to net zero: EMA chief The Energy Market Authority's CEO, Ngiam Shih Chun, emphasized Singapore's strategy to lead Southeast Asia in ammonia adoption during a speech on October 2, 2023, aiming to enhance renewable energy solutions.
- 🤢 Gastro Outbreak at Raffles Girls’ Primary: 15 Reported Ill; Investigation Underway On October 13, 2023, 15 students at Raffles Girls’ Primary School in Singapore suffered gastroenteritis symptoms. Authorities, including the Ministry of Health and the Singapore Food Agency, are investigating potential food contamination sources. No hospitalizations have been reported.
- 🎓 Singapore Teacher Burnout: Study Reveals Alarming Stress and Workload Levels A study by the Singapore Teachers’ Union on December 5, 2022, reveals over 80% of educators experience high stress. The report highlights excessive workloads and insufficient support as primary stress contributors.
- 🌐 Singapore Data Center Firm FLOW Names New CTO On October 7, 2025, Singapore-based company FLOW announced the appointment of Samantha Lim as their new Chief Technology Officer. Lim will focus on advancing cloud solutions and sustainability initiatives.
- 📉 Tariff Relief for Local Businesses: New Grant Covers 50% of Adaptation Costs Singapore's government introduces a grant on October 20, 2023, enabling companies impacted by tariffs, like small manufacturers, to claim up to 50% of adaptation expenses. Eligibility details forthcoming.
- 🔒 Security Alert Issued: U.S. Embassy Singapore Cautions Expats Amid Heightened Tensions The U.S. Embassy in Singapore issued a security alert on October 7, 2025, advising American citizens to exercise increased caution due to potential unrest linked to regional developments. Details and specific threat levels were not disclosed.
- 🔍 Google Implements Age Assurance in Singapore by 2026: Ensuring Safer Internet Experiences for Minors Google plans to introduce age assurance technology in Singapore by early 2026, aiming to enhance online safety for minors. The initiative aligns with Singapore's regulatory frameworks to protect children's digital privacy.
- 🚗 Malaysian Group Urges Ban on Singapore PHVs as Legal Battle Unfolds On October 3, 2023, Maria Lim, OK Lim's daughter, faced trial in Singapore for allegedly instructing IT manager David Tan to delete important financial data tied to Hin Leong Trading's fraudulent activities, while the Malaysian Public Taxi Association calls for prohibiting Singapore's private hire vehicles.
- 🔪 Vietnamese Woman Sentenced to Life for Boyfriend's Murder in Singapore Nguyen Thi Thu Ngan, a 31-year-old Vietnamese, was sentenced to life imprisonment on December 13, 2023, for murdering her boyfriend, Pham Van Khoa, in December 2021 outside his Singapore flat.
- 🏢 CapitaLand Ascendas Reit Acquires Three Singapore Properties for S$565.8 Million CapitaLand Ascendas Reit announced on October 11, 2023, its acquisition of three properties in Singapore's business districts for S$565.8 million. The deal includes 1 Science Park Drive, Icon@IBP, and Aperia, bolstering CapitaLand's portfolio.
- 🗑️ Data Deletion Controversy: OK Lim’s Daughter on Trial for Hin Leong Server Wipe Order In Singapore on October 3, 2023, Lim Oon Kuin's daughter, Lim Hui Jie, faces trial for allegedly instructing IT staff at the now-defunct Hin Leong Trading to delete crucial data in 2020. This action followed Hin Leong's financial troubles and its subsequent liquidation, affecting the company's ability to repay billions owed to creditors. Hui Jie allegedly influenced staff between March and April 2020, undermining the investigation into Hin Leong’s accounts.
- 💼 WMCockpit Scores $1M Boost: Galaxy Investments Leads Strategic Funding Round Singapore's WMCockpit secured a USD 1 million investment in October 2023, led by Galaxy Investments, to enhance its wealth management dashboard. This investment marks a significant milestone for fintech innovation.
- 📉 OK Lim’s Daughter Faces Trial: Allegedly Ordered IT Manager to Erase Data as Singapore's Digital Economy Hits $12 Billion Growth OK Lim's daughter, Lim Chee Geok, stands trial for instructing IT manager Ally Loh to delete server data. The alleged incident took place amidst Singapore's digital economy achieving $12 billion growth as of 2023.
- 💸 MA Financial Expands Reach: Launches Australian Private Credit via Allfunds in Asia MA Financial has partnered with Allfunds to distribute Australian private credit funds in Asia, including Japan and South Korea, expanding their alternative investment solutions platform. The collaboration was announced on 28th September 2023.
- 📚 Singapore Teachers' Time Crunch: A global survey reveals educators in Singapore allocate less time to teaching and marking, yet extend hours on non-teaching tasks. 📚 Singapore Teachers' Time Crunch: A global survey reveals educators in Singapore allocate less time to teaching and marking, yet extend hours on non-teaching tasks. Singapore's teachers spend only 17 hours per week on teaching, compared to the international average of 21. They dedicate 13 hours to non-teaching tasks. Conducted by the Organisation for Economic Co-operation and Development, the survey was published containing insights on June 28, 2023, highlighting efficiency challenges.
- 🎤 Mariah Carey Spotted in Singapore: Anticipation Builds Ahead of Concert at Expo 🎤 Mariah Carey Spotted in Singapore: Anticipation Builds Ahead of Concert at Expo On October 28, 2023, global superstar Mariah Carey was seen in Singapore, sparking excitement before her concert at Singapore Expo. Fans await her performance, marking her return to the city-state.
- 📈 DBS Surges to New Peak: Market Cap Exceeds S$150 Billion Amid 3% Stock Jump On October 13, 2023, DBS Group's stock rose by 3%, setting an all-time high and increasing its market capitalization to over S$150 billion. CEO Piyush Gupta attributed the rise to robust earnings and strategic investments in digital banking. The positive momentum lifted Singapore's benchmark Straits Times Index, further bolstered by strong performance from regional banks like OCBC and UOB. The financial sector's gains reflect investor confidence amid ongoing economic recovery efforts in Southeast Asia.
- 📉 Singapore Stocks Under Pressure: Keppel Corp, a major conglomerate, faces challenges amidst low interest rates that could impact profitability, as highlighted in recent market analyses. On September 29, 2023, analysts reviewed three Singaporean stocks potentially affected by a lower-rate environment. Keppel Corp, Genting Singapore, and Oversea-Chinese Banking Corporation were identified as key entities potentially struggling due to lower margins and returns on investments.
- 🌧️ Singapore Stocks' Forecast: YTL Hospitality, CapitaLand India Trust, and Parkway Life REIT Face Challenges Amid Lower Rates YTL Hospitality, CapitaLand India Trust, and Parkway Life REIT may face earnings pressure with lower interest rates, impacting rental reversions and distribution payouts. These stocks managed by experienced entities could see reduced ROI.
- 🎰 Singapore Pools Toto: Jackpot Snowballs to $4.5m After No Winner on 6 Oct No winner emerged for the Singapore Pools Toto draw on 6 October 2023, causing the jackpot to roll over to an enticing $4.5 million for the next draw.
- 🌿 Singapore's Ammonia Ambition: Singapore aims to lead region’s ammonia path to net zero: EMA chief The Energy Market Authority's CEO, Ngiam Shih Chun, emphasized Singapore's strategy to lead Southeast Asia in ammonia adoption during a speech on October 2, 2023, aiming to enhance renewable energy solutions.
- 🤢 Gastro Outbreak at Raffles Girls’ Primary: 15 Reported Ill; Investigation Underway On October 13, 2023, 15 students at Raffles Girls’ Primary School in Singapore suffered gastroenteritis symptoms. Authorities, including the Ministry of Health and the Singapore Food Agency, are investigating potential food contamination sources. No hospitalizations have been reported.
- 🎓 Singapore Teacher Burnout: Study Reveals Alarming Stress and Workload Levels A study by the Singapore Teachers’ Union on December 5, 2022, reveals over 80% of educators experience high stress. The report highlights excessive workloads and insufficient support as primary stress contributors.
- 🌐 Singapore Data Center Firm FLOW Names New CTO On October 7, 2025, Singapore-based company FLOW announced the appointment of Samantha Lim as their new Chief Technology Officer. Lim will focus on advancing cloud solutions and sustainability initiatives.
- 📉 Tariff Relief for Local Businesses: New Grant Covers 50% of Adaptation Costs Singapore's government introduces a grant on October 20, 2023, enabling companies impacted by tariffs, like small manufacturers, to claim up to 50% of adaptation expenses. Eligibility details forthcoming.
- 🔒 Security Alert Issued: U.S. Embassy Singapore Cautions Expats Amid Heightened Tensions The U.S. Embassy in Singapore issued a security alert on October 7, 2025, advising American citizens to exercise increased caution due to potential unrest linked to regional developments. Details and specific threat levels were not disclosed.
- 🔍 Google Implements Age Assurance in Singapore by 2026: Ensuring Safer Internet Experiences for Minors Google plans to introduce age assurance technology in Singapore by early 2026, aiming to enhance online safety for minors. The initiative aligns with Singapore's regulatory frameworks to protect children's digital privacy.
- 🚗 Malaysian Group Urges Ban on Singapore PHVs as Legal Battle Unfolds On October 3, 2023, Maria Lim, OK Lim's daughter, faced trial in Singapore for allegedly instructing IT manager David Tan to delete important financial data tied to Hin Leong Trading's fraudulent activities, while the Malaysian Public Taxi Association calls for prohibiting Singapore's private hire vehicles.
- 🔪 Vietnamese Woman Sentenced to Life for Boyfriend's Murder in Singapore Nguyen Thi Thu Ngan, a 31-year-old Vietnamese, was sentenced to life imprisonment on December 13, 2023, for murdering her boyfriend, Pham Van Khoa, in December 2021 outside his Singapore flat.
