Former British Minister: downsizing homes for retirement could result in a rude shock
Downsizing homes for retirement could result in a "rude shock" In a report commissioned for British insurance company Royal London, former pensions minister Steve Webb has said that those who downsized their homes for retirement purposes face a slump in standards of living and could see a "50% cut in their income when they...
SPH reports 46% drop in Q3 profit
For the quarter ending May 31, SPH’s overall revenue slid by 5.7% to $296.7 million. Its media and advertising lines of business showed an even larger drop at 7.1% and 9.2% respectively. As a whole, the group reported a quarterly net profit of S$52.7 million, a year-on-year decrease of 46.5%. One item which stood out...
Police arrest 3 suspects in relation to DHL phone scam
After cheating victims out of more than $4 million in total to date, the police have made their first arrest of such scammers. A 21 year-old was first arrested on Thursday (14 Jul) at Ang Mo Kio hub after trying to withdraw monies while two 22 year-old were arrested at Tuas later that day. Given the young age of the suspects...
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