NBM Development Bank Limited has entered into a partnership with the Public Private Partnership Commission (PPPC) to facilitate access to long-term financing for transformative development projects across the country. NBM Development Bank (NBMDB), a wholly owned subsidiary of National Bank of Malawi (NBM) plc, provides both debt and equity capital to start-ups, existing businesses and […] The post NBM Development Bank, PPPC partner to unlock long-term capital appeared first on Malawi Nyasa Times - News from Malawi about Malawi.
SINGAPORE — A man, who set up a company that dealt with wines, and an alleged accomplice devised a fraudulent investment scheme involving the beverage to cheat over 200 investors of millions of dollars between 2008 and 2011. Based on police investigations, victims linked to the company's fraudulent sale of wines paid more than $14 million in total. Eldric Ko, 51, who incorporated Premium Liquid Assets (PLASG) in October 2005 and jointly ran its business with Koo Han Jet, went on to misappropriate $12.67 million of the investors' funds. Deputy Public Prosecutor Michelle Tay said that Ko, a Singaporean, then squirreled away $8 million for his and Koo's personal benefits. On May 22, Ko, who has made no restitution, was sentenced to seven years and two months' jail after he pleaded guilty to one count of criminal breach of trust (CBT) involving more than $10 million, and two counts of dealing with his ill-gotten gains. Twelve other charges were considered during his sentencing. Koo is still at large after he left Singapore in May 2011.
SINGAPORE — A Secondary 1 girl who was molested by her stepfather after he crept into her room at night immediately told her mother about the inappropriate touching. The victim's mother warned her husband not to sleep together with the girl any more. Three years later, the man preyed on the girl again, filming her in the shower and escalating the abuse to a more intrusive act. The girl, who engaged in self-harm and had suicidal thoughts as a result of the abuse, eventually told her teacher about the assaults. On May 22, the 36-year-old man was sentenced by the High Court to nine years and seven months' jail and 11 strokes of the cane. He pleaded guilty to a charge of sexual assault by penetration of a minor, a charge of aggravated outrage of modesty and a charge of voyeurism. Another five charges — four for molesting the victim and one for possession of obscene films — were considered during sentencing. Deputy Public Prosecutor Lynn Tan told the court the man had taken care of the victim since she was in kindergarten.
Stay in the know with a recap of our top stories today. 1. Supermarket meets kopitiam: New FairPrice Finest outlet featuring food hall opens in Sembawang Heading out for a grocery run could mean a whole different experience for Sembawang residents from now on. With the official opening of the FairPrice Finest outlet at Sembawang Shopping Centre on Thursday (May 22)... » READ MORE 2. Singapore keeps 2025 growth forecast at 0-2%, sees slight boost from US-China truce
Kismayo (HOL) – The Somali National Army’s elite Danab Commandos, in collaboration with the Jubbaland Dervish forces, have killed 48 al-Shabaab militants during a major offensive in the Lower Juba region, the Federal Government announced on Thursday.
The offender had been paying for only a small part of his full journey from Surrey to London and was also using a 16-17 Saver Railcard he is not entitled to for a half-price discount.
Shabana Mahmood announced the move in the Commons after a sentencing review found the measure was 'worthwhile' as a way to reduce reoffending.
Baron Gove of Torry was sworn in to the upper chamber this morning, having been handed a peerage by outgoing PM Rishi Sunak.
The Secretary General of the SHEFA Provincial Government Council, Lionel Nasome Kaluat, has responded to allegations raised by former Finance Chairman Paul Soane, denying any misuse of funds and maintaining that all financial disbursements followed legal and transparent processes.
Australian Foreign Affairs Minister, Penny Wong, has arrived in Vanuatu’s capital to hold bilateral talks with Prime Minister (PM) Jotham Napat and the Government today.
Residents living near Ifira Point have raised urgent concerns over an oil leak from the grounded vessel LC Herpoli, which they say is polluting the coastline and making the area unsafe for children and marine life.
Deputy Prime Minister (DPM) and Finance Minister Johnny Koanapo has revealed Ministerial Orders establishing a National Price Committee and capping profit margins on essential goods such as rice and canned fish is underway, with a set target of gazettal by…
The Vila Central Hospital has one mammogram machine, a device that can detect cancer in breasts, however it isn’t being used because the country doesn’t have the specific expertise in this field, during a discussion with the founder of Ik-kana…
With a rental car, it is convenient and easy to move around Dubai. Located on the 18th floor of the iconic Burj Al Arab Jumeirah, Talise Spa is an opulent haven of relaxation and rejuvenation, high above the noise and bustle of the city. 150 meters above ground level, the spa is positioned to offer […] The post Talise Spa, Burj Al Arab – Ultimate Luxury Spa Experience appeared first on Malawi Nyasa Times - News from Malawi about Malawi.
Russian producers will continue developing cooperation with partners in other regions of the globe, the Russian Association of Fertilizer Producers noted
Iranian Foreign Minister Abbas Araghchi added that Teheran's nuclear program is under comprehensive IAEA monitoring and none of the agency's reports have indicated any deviation from its peaceful nature
«All master plans have been prepared and reported to the president,» the president's envoy to the Far Eastern Federal District Yury Trutnev said
According to military spokesman Yahya Saree, the so-called support operations that the Houthis are carrying out in solidarity with the Palestinians involve «a blockade of Ben-Gurion Airport, a ban on all ships entering the port of Haifa»
In July, 1942, in a battle with the German submarine U-601, the Catalina aircraft's crew was killed
[allAfrica] A British court blocked the UK from transferring sovereignty over the contested Chagos Islands to Mauritius hours before the agreement was due to be signed.
[allAfrica] On this Africa Day, as we reflect on the journey of the continent and the hopes of its people, we must widen our lens to see the deeper, invisible frontiers that define sovereignty in the 21st century. One of these frontiers is data. In a world where data has become the scaffolding of how humanity experiences reality; through artificial intelligence, predictive analytics, and digital infrastructures; African states must not only protect their borders, but also their bytes.
[allAfrica] As we celebrate Africa Month, I feel an urgent sense of responsibility to voice what too many policymakers still overlook: Africa's future cannot be copy-pasted from global AI narratives. Artificial Intelligence is not just a tool of automation -- it is a force reshaping power, identity, economy, and ethics. And yet, Africa remains on the margins of this transformation.
Vice President Jagdeep Dhankhar on Thursday lauded Operation Sindoor, emphasizing Prime Minister Modi's firm message to challenging neighbors and the global community that terrorism will face consequences. Speaking at Goa Raj Bhavan, he highlighted India's confident stance and the international recognition of its armed forces' capabilities during the strategic operation.
A soldier died in a gunfight with terrorists in Kishtwar, Jammu and Kashmir. The operation, named 'Op Trashi,' is ongoing in Chhatru. Joint forces initiated it after intelligence about 3-4 Jaish-e-Mohammad terrorists. Operations intensified after the Pahalgam attack on tourists. India responded with strikes in Pakistan-occupied Jammu & Kashmir but paused after Pakistan requested a ceasefire. Security operations continue.
The Supreme Court has expressed strong disapproval of the Allahabad high court for adjourning a bail plea 27 times in a case involving Lakshya Tawar, accused of cheating and forgery. The apex court granted Tawar bail, closed the high court proceedings, and issued notice to the CBI regarding the repeated adjournments.
The CBI has filed a chargesheet against former J&K Governor Satya Pal Malik and five others in the Kiru hydropower corruption case. This follows a 2022 request from the J&K government for a CBI inquiry into irregularities in awarding civil contracts worth ₹2,200 crore for the Kiru Hydro Electric Power Project.
The central government has announced a 4% reservation in central government housing for Divyangjans, reflecting a commitment to empowerment and an inclusive India. This initiative aligns with the Rights of Persons with Disabilities Act, 2016, and the Sugamya Bharat Abhiyan, aiming to ensure fair access and promote universal accessibility for people with disabilities in all aspects of life.
An MP has accused a Ukrainian influencer of “poisoning the minds of children” by speaking Russian Read Full Article at RT.com
North Korean leader Kim Jong-un has demanded the ship’s restoration before June, according to state media Read Full Article at RT.com
Taiwan’s Foxconn will invest in its Indian subsidiary amid Trump’s tariff war with China Read Full Article at RT.com
Similar claims after a surprise lead by an anti-establishment candidate last year resulted in the vote being scrapped Read Full Article at RT.com
Donald Trump and Cyril Ramaphosa have discussed Zelensky’s South Africa visit, land reform, and trade ties in bilateral talks Read Full Article at RT.com
The latest numbers show hate crimes in Halifax and Nova Scotia continue to rise, with politics and national and global conflicts often having an impact, police say.
A Jewish advocacy group has strongly condemned a ‘vile’ video of an unknown person performing what appears to be fascist salute in the parking lot of the American-owned Chick-fil-A restaurant in Burlington, Ont.
Parents in Manitoba are growing more concerned as measles cases rise, and for the first time, officials have called what's happening in the province an outbreak.
