Singapore



Hawker worked with woman he met at MLM seminar to cheat banks of $1.2m

SINGAPORE — By using false statements, a man worked with a female accomplice to dupe two banks into disbursing loans totalling $1,218,000 starting in 2014. According to court documents, Standard Chartered Bank (SCB) (Singapore) was cheated of $178,000, wh

Scams and cybercrime cases down in 2025, but government official impersonation scams more than double

In 2022, Nurul Shifa found a focus group discussion on Telegram that promised rewards for simply sharing her thoughts.However, she soon found herself embroiled in an investment scam that saw her nearly part with over $1,000.Speaking with AsiaOne on Monday (Fe
Singapore

Scams and cybercrime cases down in 2025, but government official impersonation scams more than double

In 2022, Nurul Shifa found a focus group discussion on Telegram that promised rewards for simply sharing her thoughts.However, she soon found herself embroiled in an investment scam that saw her nearly part with over $1,000.Speaking with AsiaOne on Monday (Feb 23), Shifa shared that she was «shocked» that she had fallen victim to a scam.«How can I fall prey… when I'm very careful with the financial movements in my account?» she said, recalling how bewildered she felt.Shifa is also a caregiver for her parents and has prevented them from falling for scams in the past, she also revealed.She is one of many young seniors that have fallen victim to scams - in 2025, those aged 50 to 64 made up 23.6 per cent of scam victims, with 19 per cent falling prey to investment scams like Shifa.This is despite the decrease in scam and cybercrime cases to 41,974 in 2025 from 55,810 in 2024, according to the police's annual scam and cybercrime brief 2025.Scams accounted for 88.9 per cent of these 41,974 cases at 37,308, with losses from scams falling by 17.9 per cent to $913.1 million in 2025.

Man caught on CCTV defecating at Punggol HDB staircase; resident makes police report

A resident in Punggol was disgusted after she spotted a man defecating on a public stairwell on Monday (Feb 23). Shila Omar, a 36-year-old clinic executive, posted CCTV footage of the incident on Facebook that same day, appealing for help to identify th
Singapore

Man caught on CCTV defecating at Punggol HDB staircase; resident makes police report

A resident in Punggol was disgusted after she spotted a man defecating on a public stairwell on Monday (Feb 23). Shila Omar, a 36-year-old clinic executive, posted CCTV footage of the incident on Facebook that same day, appealing for help to identify the culprit. She captioned: «This person was seen at my staircase area earlier and left the place in a very unhygienic condition,» she captioned. «If anyone recognises him, please PM me. This is concerning for the safety and cleanliness of our block. Thank you. Super disgusting!»In the 48-second video, a man dressed in a turquoise top and dark-coloured bottom can be seen walking up the staircase with tissue paper in his hand.The man seemingly peers around the corner to check the area before removing his pants and squatting to defecate on the floor. In response to AsiaOne's queries, Shila said that she was leaving for work at about 8.40am that day when she noticed something on the staircase landing. 

ICA intercepts Malaysia-registered car attempting to evade clearance at Tuas Checkpoint; 2 arrested with drugs

Two men have been arrested following a manhunt for a Malaysia-registered car that was seen driving recklessly at the Johor Bahru checkpoint. In a statement on Wednesday (Feb 25), the Immigration and Checkpoints Authority (ICA) said that a Malaysia-regist
Singapore

ICA intercepts Malaysia-registered car attempting to evade clearance at Tuas Checkpoint; 2 arrested with drugs

Two men have been arrested following a manhunt for a Malaysia-registered car that was seen driving recklessly at the Johor Bahru checkpoint. In a statement on Wednesday (Feb 25), the Immigration and Checkpoints Authority (ICA) said that a Malaysia-registered car was successfully interpreted after it attempted to evade arrival clearance at Tuas Checkpoint on Feb 22. At about 2.44pm that day, ICA officers detected the vehicle driving towards the Arrival Motorcycle Zone and making an unauthorised U-turn at the entrance. «The vehicle then drove against the flow of arriving traffic towards Malaysia, posing a danger to other road users,» said ICA. «As the vehicle turned back towards Malaysia before it could be intercepted, ICA promptly alerted the Malaysian authorities at the Kompleks Sultan Abu Bakar (KSAB) to keep a lookout for the vehicle.»

OCBC posts 3% rise in Q4 profit to $1.75b, declares special dividend

Singapore's Oversea-Chinese Banking Corp (OCBC) delivered strong profits of $1.74 billion in the fourth quarter of 2025, and announced a final ordinary dividend of 42 cents per share, along with a special dividend of 16 cents per share.OCBC's net profit for t
Singapore

OCBC posts 3% rise in Q4 profit to $1.75b, declares special dividend

Singapore's Oversea-Chinese Banking Corp (OCBC) delivered strong profits of $1.74 billion in the fourth quarter of 2025, and announced a final ordinary dividend of 42 cents per share, along with a special dividend of 16 cents per share.OCBC's net profit for the three months ending in Dec 31, 2025 rose 3 per cent year-on-year — up from $1.68 billion in 2024 — according to an earnings report released on Tuesday (Feb 25).In line with the bank's robust financial performance and $2.5 billion capital return plan, OCBC declared a final ordinary dividend of 42 cents per share and a special dividend of 16 cents per share. Combined with the interim dividend of 41 cents for the first half of 2025, total dividends for FY25 will amount to 99 cents per share, representing 60 per cent of group net profit.Profit before tax hits new highOCBC's net interest income for the fourth quarter fell 6 per cent year-on-year to $2.30 billion, as asset yields compressed at a faster pace than deposit costs in a declining interest rate environment. 

Top 5 per cent of households own one-third of Singapore's wealth but data should be viewed with caution: Jeffrey Siow

Data on wealth inequality in Singapore — showing that the top 5 per cent of households hold about one-third of the country’s wealth — should be interpreted with caution, Acting Transport Minister and Senior Minister of State for Finance Jeffrey Siow sai
Singapore

Top 5 per cent of households own one-third of Singapore's wealth but data should be viewed with caution: Jeffrey Siow

Data on wealth inequality in Singapore — showing that the top 5 per cent of households hold about one-third of the country’s wealth — should be interpreted with caution, Acting Transport Minister and Senior Minister of State for Finance Jeffrey Siow said in Parliament on Wednesday (Feb 25).Siow was responding to parliamentary questions from several Members of Parliament about the Ministry of Finance’s (MOF) release of statistics on income growth, inequality and social mobility trends, which included market income and wealth for the first time on Feb 9.Singapore's wealth inequality coefficient stands at 0.55, comparable to estimates of other advanced economies like the United Kingdom, Japan and Germany, ranging from 0.6 to 0.7.The top 1 per cent of households in Singapore own about 14 per cent of total wealth, while the top 5 per cent hold about 33 per cent, said Siow.«However, these estimates should be interpreted with caution, due to sample size limitations and potential under-reporting in survey responses at both ends of the distribution,» he added.

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