πŸ‡ΈπŸ‡¬ Singapore News

Taxi driver dies in freak accident while helping passengers unload luggage

A taxi driver died in a freak accident after he was pinned between the door and door frame of his cab.Cabby Tee Chin Teong, 66, had been getting out of his taxi to help his passengers unload their luggage when the vehicle began moving forward and collided with a lorry parked by the roadside, reported Shin Min Daily News.A coroner's inquiry into Tee's death was opened on Thursday (Sept 24). His wife, son, and daughter attended the inquiry.The court heard from a traffic police investigation officer that the incident was reported at 12.50am on Feb 24, 2025, along Jalan Besar Road.Tee had picked up two passengers from Changi Airport and drove them to their residence, which was near The Noble Hotel, according to Shin Min.An employee of the hotel reportedly saw the taxi stop outside the hotel and two passengers alight.According to the staff member, Tee had opened the driver's door and placed his right foot on the road when the vehicle began to move forward.The door collided into the left rear side of a lorry parked in front.

asiaone.com Β· economy en

Bank account left with $17: Cleaner loses $1,200 after alleged $10 massage offer at Yew Tee

An elderly woman lost about $1,200 after she was allegedly charged for a massage package that she did not consent to.In a post shared on Threads on Sunday (Sept 20), the woman's granddaughter said her grandmother was initially offered a $10 massage at a booth in Yew Tee but was subsequently charged a much larger amount without being aware of the transactions.The granddaughter said the family is currently awaiting a resolution to the case. "I'm currently waiting for the agreed refund. If they fail to refund within the stated timeframe, I will make a police report and publicly name the company," she wrote. Several users subsequently responded to the post, claiming that they had seen similar booths offering high-cost services to older customers around Yew Tee and Choa Chu Kang.Speaking to MS News, the granddaughter, Nabila, 30, said the incident took place on Sept 18 at around 4.30pm at Yew Tee Point.According to Nabila, her 80-year-old grandmother, who works as a cleaner at Yew Tee Primary School, was approached by a salesperson who offered her a $10 massage after noticing the way she walked.

asiaone.com Β· economy en

Singapore's link to US stocks off to sluggish start

SINGAPORE β€” Singapore's effort to offer trading in American stocks during Asia hours has gotten off to a sluggish start as rival products and wary investors keep early volumes extremely low, showing how hard it is for regional bourses to get a slice of demand for around-the-clock US trade.Singapore Exchange listed its first three US stocks through its Singapore Depository Receipts (SDR) programme in July, with locally denominated shares in Grab, Sea Ltd and SpaceX.Since then, just $2.3 million worth of SpaceX SDRs has changed hands through Sept 18, a small fraction of the roughly $2 billion in average daily SGX turnover and some US$336.6 billion (S$431.2 billion) in SpaceX stock traded on the Nasdaq, according to Reuters calculations.The entirety of trading of SpaceX since its listing in Singapore represents 0.0007 per cent of its total in the US during the same period, Reuters calculated. A total of around US$24 million in Grab and Sea SDRs was traded in the period, compared with US$26 billion in the US.

asiaone.com Β· economy en

Singapore moves stockpiled food from warehouses to retail outlets as part of disruption readiness exercise

Singapore exercised its readiness to respond to a severe food supply disruption scenario on Wednesday (Sept 23) β€” testing stockpile operators, logistics providers, retailers β€” and their processes.During the exercise, stockpiled food items were moved from warehouses to retail outlets, while retailers were tested on their ability to support the distribution of essential food items during a severe supply disruption.

asiaone.com Β· economy en

Singapore core inflation rises to 2.2% in August

Singapore's core inflation rose 2.2 per cent in August from a year earlier, data from the Ministry of Trade and Industry (MTI) and the Monetary Authority of Singapore (MAS) showed.This was driven by an increase in food, retail and other goods, and services inflation, MTI and MAS said in a joint update on Wednesday (Sept 23).On a month-on-month basis, core prices β€” which excludes accommodation and private transport due to their volatility and tendency to be influenced by supply-side administrative policies β€” rose by 0.3 per cent in August.Overall inflation, listed as "consumer price index-all items" rose by 0.6 per cent, to 2.3 per cent in August, owing to the pickup in core inflation.MTI and MAS said overall inflation, on a month-on-month basis, rose by 0.6 per cent in August, as compared to the 0.2 per cent fall in July.This excludes non-consumption expenditure such as purchase of houses, shares and other financial assets and income tax.Breakdown by sectorsThe data showed that electricity and gas inflation remained at the same pace in August as in July β€” at 8.7 per cent.

asiaone.com Β· economy en