Single mother falls prey to foreign money launderer?
A lonely Singaporean woman looking for love on the internet may have fallen prey to a foreign money launderer using marriage and love as lure. Sylvia (not her real name) found herself acting as a conduit for a supposed foreign money launderer who calls himself "Wayne Toni Derache" from "Puncak Damansara, Bandar Utama". Bandar...
MAS: Dr Lu had ‘no intention to deceive’
Dr Jiade Jay Lu In a statement released on 13 Dec [Link], the Singapore Stock Exchange (SGX) said that there was omission of information in Healthway Medical Corporation’s announcement on director appointment. SGX said that it has investigated an announcement, issued by Healthway Medical Corporation Limited (Healthway) on...
MOF: SG’s economic fundamentals remain strong
The Ministry of Finance (MOF) said that Singapore's economic fundamentals remain strong despite significantly slower economic growth this year. Also, MOF said that the labour market is near full employment and job creation remains healthy. In its Singapore Public Sector Outcomes Review (SPOR) [Link], MOF said that Singapore’s...
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