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Singapore’s 3 Degrees Asset Management asked to close by MAS
The Monetary Authority of Singapore (MAS) has requested that hedge fund manager 3 Degrees Asset Management to shut down its operations in response to alle The Monetary Authority of Singapore (MAS) has requested that hedge fund manager 3 Degrees Asset Management to shut down its operations in response to allegations that its founder, Mohamed Ibrahim, lent money to another company he controlled reported Reuters this week. Bloomberg were first to report on this surprising news and it is understood that a closed hearing is taking place Thurs 20 October between MAS and 3 Degrees who want to challenge the decision. The official court documents allege that 3 Degrees “had caused and/or procured The Asian Debt Fund Ltd to lend a sum of USD6.7million to Apache Assets Ltd (AA) for the purpose of channeling the funds to 3 Degrees Capital Ltd, a company controlled by Mr Mohamed Ibrahim”. The Asian Debt Fund is one of four funds managed by 3 Degrees, which in total runs USD215million in assets. MAS decided that Ibrahim’s alleged actions did not make him “fit and proper” to manage funds and would seek to withdraw the firm’s exempt fund manager status as of 9 Nov. Ibrahim sued Indonesian-born Agus Anwar in ’08 to recover some USD40million in debt. Anwar claims that USD6.7million was diverted by Ibrahim from the fund to 3 Degrees but the firm denies this, saying in its court filings that if there ever was such a transaction, it was neither “illegal nor improper”. It believes a fine would have been an appropriate punishment.
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तकनीकी खराबी के कारण हवा में लहराया विमान, सात लोग हुए घायल; एक हॉस्पिटल में भर्ती
तकनीकी खराबी के कारण हवा में लहराया विमान, सात लोग हुए घायल; एक हॉस्पिटल में भर्ती #News #SingaporeNews #SGUpdates #SingaporeLife #InStockSG #SGLocal #SGBusiness #SGEvents #ExploreSingapore #SingaporeToday #WeAreSingapore #SingaporeCulture #SGTravels
Singapore News: सिंगापुर से चीन के ग्वांगझाऊ शहर जा रहा एक विमान तकनीकी खराबी के कारण बीच हवा में लहराने लगा जिससे उसमें सवार 7 लोग घायल हो गए। ‘द स्ट्रेट्स टाइम्स’ की खबर के अनुसार घायलों में से 1 को अस्पताल ले जाया गया है। विमानन कंपनी स्कूट ने कहा कि शुक्रवार सुबह जब विमान ग्वांगझाऊ के पास पहुंचा तो उसमें कुछ कंपनी खराबी आ गई। कंपनी ने कहा कि बोइंग 787-9 ड्रीमलाइनर विमान स्थानीय समयानुसार…
#air#economy singapore#how singapore got rich#india singapore#injured#modi in singapore#plane swayed#pm modi in singapore#seven people#Singapore#singapore airport#singapore army#singapore china#singapore city#singapore crime#singapore debt#singapore economic success#singapore economy#singapore economy explained#singapore f35#singapore finan#singapore finance#singapore invest#singapore navy#singapore news#singapore police#singapore strait#singapore visit#singapore wealth#technical fault
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Singapore Says "It's Time to Groove!" as Most VDS Restrictions Lift for Unvaccinated Individuals
Singapore is busting a move towards normalcy! Get ready to experience the full Lion City experience, regardless of vaccination status, as the government eases most Vaccination-Differentiated Safe Management Measures (VDS) starting next week.
Hit the Dance Floor (Vaccinated or Not!)
Previously, VDS restricted entry to certain venues and activities for unvaccinated individuals. Now, you can:
Mingle at mega-events: Unleash your inner party animal at concerts and gatherings with over 500 attendees. VDS is no longer a barrier!
Dance the night away: Unvaccinated party-goers can finally hit the dance floor at nightclubs without restrictions.
Savor hawker delights: Enjoy the vibrant hawker center scene without worrying about VDS checks.
Why the Shift?
While VDS initially aimed to protect the unvaccinated in crowded settings, Minister Ong Ye Kung acknowledges its limitations. "VDS enforcement has become more relaxed," he explains, paving the way for a more streamlined approach. However, the government emphasizes that these measures can be reinstated if needed.
Vaccination Still Crucial
The message on vaccination remains clear: it's your shield against serious illness. Minister Ong urges those above 50 to stay up-to-date on their jabs. "Being fully vaccinated significantly reduces the risk of infection and severe outcomes," he highlights. Don't get caught up in misinformation – trust reliable sources and prioritize your health.
Transparency and Preparedness
Singapore prioritizes transparency regarding vaccine safety. The Health Sciences Authority regularly publishes reports on severe adverse reactions. While no vaccine is entirely risk-free, the benefits far outweigh the costs. The government also anticipates potential future variants, highlighting the importance of bivalent vaccines for optimal protection.
A Big Step Forward
This relaxation of restrictions marks a significant milestone in Singapore's COVID journey. Since April 1st, fully vaccinated adults and unvaccinated children can enter the country freely (with a pre-departure test), reflecting a commitment to normalcy without compromising health.
Let's Groove Together, Safely!
As Singapore lifts restrictions for unvaccinated individuals, remember: vaccination remains key to protecting ourselves and our community. Stay informed, make responsible choices, and let's dance our way towards a brighter future, together!
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Singapore minister accused of corruption
Singapore’s former transport minister Subramaniam Iswaran, known as S. Iswaran, has been charged with graft in one of the most high-profile cases involving a minister in the Asian financial hub, the anti-corruption agency reported on Thursday.
Iswaran faces a total of 27 charges, including corruption and obstruction of justice. In the resignation letter, he denied the allegations and claimed that he “will now focus on clearing my name.” If found guilty of corruption, he could face a fine of up to 100,000 Singapore dollars or a seven-year jail sentence.
The Corrupt Practices Investigation Bureau (CPIB) stated that Iswaran, arrested in July last year, allegedly received kickbacks worth S$384,340.98 (US$286,181) from property company Ong Beng Seng to promote its business interests.
The expenses include tickets to football matches, musicals, flights on Ong’s private jet, and tickets to the Formula 1 Singapore Grand Prix.
Read more HERE
#world news#world politics#news#singapore#singapore news#anti corruption#kickback#business news#business
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Casino Merchant Account
#Casino Merchant Account#payment gateway#online payment gateway#best payment gateway in india#payment gateways#top payment gateways in india#payment gateway by digitain#best payment gateway in 2022#payment gateway for website#singapore#singapore news#gambling#singapore online casino#singapore current affairs#online payment#payment#digital payments#ecommerce payments
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#singaporenews#latest singapore news#latest tamil news online#singapore news#latest singapore news in tamil
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Man who made racially insensitive comments during GE2020 period sentenced to 2 weeks' jail
A man who tried to stir ill will between racial groups during the general election period last year was sentenced to two weeks' jail and a fine of $7,000.
Sirajudeen Abdul Majeed, 52, pleaded guilty on Monday (Feb 8) to one charge each of deliberately intending to wound racial feelings and promoting enmity between groups on grounds of race.
Another two similar charges for promoting enmity were taken into consideration during sentencing.
On June 12 and 13, 2020, the Singaporean of Indian ethnicity sent messages to three acquaintances claiming "the PAP wants to make the Malay community a sub-minority", and that other races were introduced to the country to "just dilute the original race of Malay".
He also told them to "please share" the messages.
Deputy Public Prosecutor Ng Yiwen said Sirajudeen intended to stoke fears that the People's Action Party was seeking to marginalise the Malays in the country by allowing more immigrants into the country.
"These messages would promote ill will between different racial groups, a fact that the accused must have objectively known when he sent the said messages," he added.
One of the acquaintances later made a police report against Sirajudeen.
On Aug 5 last year, Sirajudeen called the police on 999 twice and made racially insensitive comments targeting Malays.
He also made remarks about police officers being incompetent because of their Malay ethnicity.
Sirajudeen was later questioned by the police.
When asked about the remarks he had made in relation to the Malay community, Sirajudeen claimed that police officers he encountered of "this denomination" had tended to exhibit bad attitude.
He further opined that Malays are unable to enter the Singapore Air Force, Navy and commando unit because they are unprofessional.
On Monday, District Judge Salina Ishak said Sirajudeen noted that the racially insensitive remarks were made during the election period, and that they could have led to significant uproar.
The judge added that it was entirely fortuitous his remarks were not disseminated further and that the matter was reported to the police.
Sirajudeen is currently out on $5,000 bail and is expected to surrender himself on Feb 22 to begin serving his sentence.
For attempting to promote enmity between racial groups, he could have been jailed for up to three years and fined.
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iphone 12 pro max price in singapore 2023 / iPhone – Apple (SG)
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https://www.indianholiday.com/international-tours/royal-caribbean-cruise-singapore.html
Singapore is a vibrant and multicultural city-state located in Southeast Asia. It is a popular destination for travelers, and taking a Royal Caribbean cruise to Singapore is a great way to experience all that this city has to offer.
One of the main attractions in Singapore is the Marina Bay Sands, a luxury resort and casino that features a rooftop infinity pool with stunning views of the city. Visitors can also take a walk along the waterfront promenade, known as the Marina Bay Sands Boardwalk, which offers a great vantage point to take in the skyline of Singapore.
Another must-see attraction in Singapore is Gardens by the Bay, a 101-hectare nature park that features a wide variety of plants and flowers, including the iconic Supertree Grove, a collection of towering metal structures that are home to over 162,900 plants.
For those looking to experience the local culture, a visit to Chinatown or Little India is a must. These neighborhoods are home to a wide variety of shops, restaurants, and temples, and offer a glimpse into the diverse cultures that make up Singapore.
Finally, a Royal Caribbean cruise to Singapore is not complete without a visit to Sentosa Island, a popular destination for families and beach-goers. The island features a wide variety of activities, including water parks, beaches, and theme parks, as well as a number of restaurants, shops and entertainment venues.
Overall, Singapore is a fascinating and diverse destination that offers something for everyone. A Royal Caribbean cruise is an excellent way to experience all that Singapore has to offer, and with the many amenities and activities offered on the ship, it will make your trip even more enjoyable.
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🥳<3
#finishing this was A Time#but so fun and I tried tons of new stuff!#lando norris#lando norris art#mclaren f1#mclaren#singapore grand prix#singapore gp 2024#f1#formula 1#f1 art#f1 fanart#my art
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a 2024 Singaporean stamp released for the Year of the Dragon
[id: a postage stamp with a heavily stylized illustration of a dragon. the dragon has four legs, no wings, and a colorful mane. there is an abstract pattern on its body. the face value of this stamp is 2 Singaporean dollars. end id]
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my fav photos of max and daniel from this weekend because i need happiness rn + the clip from max’s radio of him thanking daniel
#my boys#i genuinely cannot do this anymore#I’m trying really hard to not think anything about unconfirmed news#but any daniel related content i see keeps sending me into tears#i hate this sport and how at the end of the day it just comes down to business not the actual sport#my heart is truly breaking and everything just feels like an awful dream#but a max podium and daniel fastest lap made me feel a bit better#max verstappen#daniel ricciardo#maxiel#singapore gp 2024#f1
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Gambling Payment Gateway Singapore
#Gambling Payment Gateway Singapore#payment gateway#online payment gateway#best payment gateway in india#payment gateways#top payment gateways in india#payment gateway by digitain#best payment gateway in 2022#payment gateway for website#singapore#singapore news#gambling#singapore online casino#singapore current affairs#online payment#payment#digital payments#ecommerce payments
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