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Credit Suisse: 150,000 millionaires in Singapore while 18% of adult population has less than US$10,000

A global wealth report released by Credit Suisse Research Institute has found that that Singapore has a “moderately unequal” wealth distribution. The average person in Singapore has a wealth of US$277,000, making it ranked 7th richest amongst global economies. At the same time, 18% of the adult population has a wealth...

Malfunctioned traffic lights causes chaos at cross junction

Traffic lights which malfunctioned during a heavy downpour today (20 Nov) ended up causing massive chaos at a traffic-heavy cross-junction along Ang Mo Kio Avenue 5 and Yio Chu Kang. Eyewitnesses said that the slowdown in traffic began at about 12.30pm and was exacerbated by parties refusing to give way to one another. It is...

Man given 12.5 years’ jail and caning for preying on young boys

For performing oral sex on “not less than 10 boys” aged between 10 and 15, Goh Jun Guan was sentenced to 12 years and six months’ jail, and given 15 strokes of the cane. The court heard that the 27 year-old would first introduce himself as “Terry” to young boys and asked to play the Vanguard card game. As he proved...