Singapore 

Meet the most self-entitled pedestrian ever at Balestier Road, Singapore News

A pedestrian crossed the road despite the traffic light not being in his favour and got very cross indeed when a driver honked at him. Facebook page SG Road Vigilante – SGRV posted a video of the incident that occurred along Balestier Road on July 18, at around 5pm. In the video, a man can be seen crossing the road while using his handphone, despite the traffic light being red for him. An oncoming car honked at the pedestrian, which triggered him. The pedestrian made various angry gestures and appeared…

Read More
Singapore 

Ghostbusting in Singapore: Meet the father-son duo banishing demons for a price, Singapore News

Anderson Lim clasped his hands tightly in a praying position as a spirit medium paced back and forth in front of him. Lim then chanted indistinctly as the medium set a paper doll – known as a “substitute” – on fire. The doll, dressed in a blue shirt that belonged to Lim’s brother, was part of a Taoist ritual performed to ward off bad luck. “Recently [my brother] had a very bad fall. He missed a step and his ankle was badly fractured. He was hospitalised for two weeks,” said…

Read More
China 

China retailers plan to buy more imported goods to meet consumer demand

Chinese retailers and wholesalers plan to increase their purchases of imported products because demand for them among Chinese shoppers remains strong, according to survey results published by China’s Ministry of Commerce (Mofcom).Some 9.7 per cent of the 945 retail and wholesale firms that responded to the Mofcom survey said they would increase their consumer product imports in the next year, 2.5 percentage points higher than those planning to decrease their purchases.Of 1,059 consumers… Source link

Read More
Home 

Chinese fintech giant Lufax cuts P2P lending to meet regulatory requirements, may restart IPO plans after restructuring segment

Ping An Insurance-backed Lufax, one of China’s largest financial technology companies, said on Thursday it was scaling down its peer-to-peer (P2P) lending business, but denied reports it was exiting the sector altogether.The company, also known as Shanghai Lujiazui International Financial Asset Exchange, said: “We are making three cuts in line with regulators’ requirements. The existing P2P products and customers will not be affected.”Lufax was referring to required cuts in outstanding P2P loan… Source link

Read More
Singapore 

TransCom officers approached madrasah students to meet quota? It’s fake, say police, Singapore News

SINGAPORE – Allegations that Public Transport Security Command (TransCom) officers conducting checks had approached two madrasah students because they had a quota to hit are untrue and irresponsible, the police said in a Facebook post on Tuesday (July 16) night. The TransCom officers were engaging the two students in a new initiative, Riders-On-Watch (ROW), which was launched on July 2, the post explained. Under this scheme, volunteers sign up to help keep a lookout for suspicious items or people, and to alert the police. “We are happy to share that…

Read More
Singapore 

How easy is it for working Singaporeans to meet the CPF full retirement sum when they reach the age of 55?, Singapore, Lifestyle News

In May, a study was published that showed that Singaporean seniors would realistically need $1,379 a month for their retirement. The response among Singaporeans was understandable and expected – expressions of how high that number was, followed by the concern whether the majority of working Singaporeans could realistically afford that sum. The CPF Full Retirement Sum for members turning 55 in 2019 is $176,000. According to the CPF LIFE Estimator, having this Full Retirement Sum will give us around $1,383 to $1,528 in Standard Plan monthly payouts from age 65…

Read More
Home 

Singapore keeps options open on Huawei, says any 5G vendor must meet security standards

Singapore has not taken a specific position on any particular vendor when it comes to 5G networks but requires that any prospective operator must meet the standards for resilience and security set by the government, according to S. Iswaran, Minister for Communications and Information.Iswaran, speaking at a press briefing at the conclusion of the Asia-Pacific ICT Ministerial Meeting, was answering a question about Singapore’s plans for 5G and attitudes toward Shenzhen-based Huawei Technologies,… Source link

Read More
Singapore 

Win $1,888 and a chance to meet F1 driver Kimi Raikkonen when you head to Beerfest Asia 2019 – Here’s how, Lifestyle, Singapore News

Things are about to get heated trackside at the Marina Bay Street Circuit, with the Singapore Grand Prix rolling around again this September. But an exclusive encounter with well-known ‘Iceman’ Kimi Raikkonen may just be the thing to cool you off – that and winning $1,888 in cold hard cash. EuroAutomobile, the official distributor of Alfa Romeo cars in Singapore, is partnering Beerfest Asia in giving three lucky winners access to the Alfa Romeo Racing F1 Paddock this season. The Alfa Romeo Racing Paddock Passes are not available for public purchase, and…

Read More
China 

China has ‘ability and confidence’ to meet any challenge posed by trade war, Xi Jinping says

China has the ability and confidence to withstand any challenges to its economic development caused by its trade war with the US, President Xi Jinping told Russian media ahead of a state visit to Moscow.Speaking on Tuesday to the state-owned newspaper Russian Gazette and news agency Tass, Xi said that despite global growth having slowed since the start of the year, China had achieved a steady expansion, Xinhua reported.“We totally have the resources, ability and confidence to cope with the… Source link

Read More
Global 

China and Russia seek closer economic ties to counter US pressure as Xi Jinping prepares to meet Vladimir Putin

The deepening of the economic alliance between Russia and China will be high on the agenda as President Xi Jinping meets Russian President Vladimir Putin in Moscow on Wednesday amid their mutual estranged relations with the United States.Xi and Putin are both then due to attend the annual St Petersburg Economic International Forum, Russia’s flagship international investor forum that expects more than 1,000 representatives from China, starting on Thursday.The US, however, is expected to miss the… Source link

Read More