The_King

SINGAPORE, Nov 13 (Reuters) - Singapore's central bank will hold trials to issue tokenised MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem, the bank's top official said on Thursday. "Tokenisation has lifted off the ground. But have asset-backed tokens achieved escape velocity? Not yet," said Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS), a keynote address at the Singapore FinTech Festival. He said MAS has been working on the details of its stablecoin regulatory regime and will prepare draft legislation, with the emphasis on "sound reserve backing and redemption reliability." MAS is also supporting trials under the BLOOM initiative, which explores the use of tokenised bank liabilities and regulated stablecoins for settlement, he added. "In the CBDC space, I am pleased to announce that the three Singapore banks, DBS, OCBC, and UOB, have successfully conducted interbank overnight lending transactions using the first live trial issuance of Singapore dollar wholesale CBDC," he said. A CBDC, or central bank digital currency, is a digital form of central bank money. Advertisement · Scroll to continue MAS will expand trials to include tokenised MAS bills settled with CBDC, he added. Chia said a regulatory guide on tokenised capital markets products will be published this week, and MAS is working with international counterparts to align standards and support adoption. On Thursday, MAS also announced agreements to work with other central banks on cross-border transactions and digital assets. It said it would collaborate with the Bank of England and the Bank of Thailand to conduct experiments that could enable real-time foreign exchange transactions that are fast, secure and interoperable across different systems. The central bank also signed a memorandum of understanding with Deutsche Bundesbank to collaborate on cross-border digital asset settlement. The partnership is built on an initiative designed to enhance the liquidity and efficiency of financial markets through asset tokenisation, it said.

[SINGAPORE] Last year, when Candy Lim wanted to do a mammogram, she made an appointment at Gleneagles Hospital and headed over. The catch? It wasn’t the medical facility here but Gleneagles Hospital Johor in Iskandar Puteri, Malaysia. “It was a 15-minute drive after clearing the Tuas Checkpoint, and everything at the hospital was completed within two hours,” says Lim, who paid a promotional rate of RM161 (S$50) for a mammogram and breast ultrasound and went on a weekday. This compares with the few hundred dollars she would have been charged here. “The nurses were fantastic; very nice and friendly. Maybe because they don’t have to deal with a lot of patients, they’re more relaxed.” Happy with her experience, the real estate agent got her mother to do the same screening tests and even took her uncle there for his first health screening as well. For Wan Hoe Yin, whose company provides a budget of S$500 every two years for health screening, it made sense to stretch his dollar in Johor. “With the same amount of money, it covers two X-rays, two ultrasounds, one CT (computed tomography) scan of the heart as well as tumour markers and all the other standard tests,” says the manager, whose colleague went with him to do the same screening that took just three hours to complete. Increasingly, Singaporeans – driven by the strong Singapore dollar as well as the high cost of medical services here – are heading across the border to undergo health checks. Many, like Lim and Wan, are pleased with the smooth, comfortable and professional service they received in a private hospital. Others, like Tay Boon Liang, turned the cross-border healthcare visit into a mini break with family. “I find general health screening an off-the-shelf product with little differentiation across most providers,” says the manager in financial services who paid half of what it would have cost for an executive screening package here. “So the cost savings are a driving factor for me.” A growing number The influx of Singaporean patients is benefiting Johor healthcare providers, with Gleneagles Hospital Johor for instance, gaining in particular due to brand familiarity. The hospital is part of IHH Healthcare – the largest private healthcare provider in Singapore, which also operates the Mount Elizabeth hospital The number of Singaporean health-screening patients has seen a remarkable growth this year, says Sipika Singh, Gleneagles Hospital Johor’s deputy chief executive officer. PHOTO: GLENEAGLES HOSPITAL JOHOR Sipika Singh, Gleneagles Hospital Johor’s deputy chief executive officer, says the number of Singaporean health-screening patients grew by around 35 per cent compared with the same period last year. She noted that this surge was remarkable, as growth in the past three to four years had been relatively steady. “This could have been driven by the positive buzz around the Johor-Singapore Special Economic Zone (bilateral initiative to boost cross-border trade, investment and business activity),” she says, adding that Singaporeans make up 16 to 18 per cent of all its health-screening patients. “We’re able to manage waiting times and deliver screening reports within hours, which helps the patient experience.” The hospital now offers a basic health-screening package for RM688 (before a 6 per cent sales and service tax or SST) which includes tumour marker tests, a chest X-ray and electrocardiogram. Patients can add on tests such as a mammogram (RM250), cardiac screening (RM688) or its most popular option, the abdomen and pelvis ultrasound (RM388). If preferred, they can also arrange for a virtual review of their screening results. Health-screening patients at Gleneagles Hospital Johor are offered food and beverages. PHOTO: GLENEAGLES HOSPITAL JOHOR Says Sipika: “Our effort is focused on making care deeply personal and seamlessly connected, so patients never feel the distance between countries.” Health365’s CEO George Foo (right) with Dr Henry Tan, senior consultant general surgeon at KPJ Bandar Dato’ Onn Specialist Hospital in Johor Bahru, Malaysia. PHOTO: HEALTH365 George Foo, founder of healthcare and wellness publishing agency, Health365, has seen health-screening inquiries grow from 20 to 30 to about 100 a month since it started its medical concierge service about a year ago. Health365 works with about six hospitals and medical centres in Johor to offer health checks. “Patients want to do more scans and things that aren’t included in basic packages which will cost a lot more in Singapore,” says Foo. “It’s always less convenient to go overseas for health screening, but it’s a question of cost versus convenience.” Popular screening services include colonoscopies, which are typically excluded from standard health-screening tests and are costly. A colonoscopy in Singapore varies widely depending on the hospital and specialist fees, and can range from around S$2,000 to S$5,000. At Gleneagles Hospital Johor, the estimated cost ranges from about RM5,000 to RM6,000, excluding SST. Healthcare home and away Another reason some Singaporeans head to Johor for health screening is privacy – to shield any possible health concerns from their employers or insurers. However, those who discover issues from their screening, then return to buy health insurance before seeing a doctor here should know that their claims risk being declined, and their insurance policy could even be voided, if the insurer discovers there was no full disclosure prior to the purchase. “For peace of mind, the advice is to just buy sufficient insurance before you go for any health screening,” says Eddy Cheong, CEO of insurance advisory Havend. “Because at that point in time, you buy in good faith and are truly not aware of any new health concerns.” Indeed, beyond the tests themselves, patients should consider the continuity of care – whether follow-up consultations, treatment or specialist referrals can be conveniently arranged if needed. “In Singapore, all facilities offering screening services are licensed under the Private Hospitals and Medical Clinics Act and regulated by the Ministry of Health,” says Dr Eric Chiam, CEO of the Minmed Group, which operates four health-screening centres and more than 30 clinics here. “This ensures a high and consistent standard of clinical quality and data security. A key advantage is the ready availability of follow-up by general practitioners, who can interpret findings and refer promptly to specialists when required.” Minmed’s focus is on making screening “accessible, digital and meaningful”. Screening is made more convenient without a need for fasting, and there are packages for different health profiles and budgets, he says. In any event, if there are serious red flags from screening results across the border and treatment is needed, most patients are likely to prefer seeking medical attention in Singapore. This is especially since national health insurance scheme MediShield Life provides at least basic, lifelong hospitalisation coverage, notes Havend’s Cheong. Of course, there is plenty of potential in the health-screening business in Johor, particularly with the cross-border Johor Bahru-Singapore Rapid Transit System (RTS) Link starting service by December 2026. “Every hospital that I visit in Malaysia is expanding, and they’re ramping up in Johor because the RTS is coming,” says Health365’s Foo, noting that Singapore’s Thomson Medical Group is building a huge facility there, while Malaysia’s Sunway Group is planning its new, 300-bed Sunway Medical Centre in Iskandar Puteri. Gleneagles Hospital Johor is gearing up and investing in more capacity and technology. PHOTO: GLENEAGLES HOSPITAL JOHOR Indeed, Gleneagles Hospital Johor’s Sipika says it is actively working on “integrated care models” with Singapore healthcare providers, especially since there are other IHH hospitals here. “We’re exploring how we can work with both the public and private Singapore healthcare systems so we can complement each other,” she says. “But on the whole, Gleneagles is on an expansion path.” In anticipation of a rise in patient numbers, especially those on day-trips, the hospital is investing in more capacity and technology, such as a second MRI (magnetic resonance imaging) machine. For some Singaporeans, however, the cost savings and good service in Johor are only attractive to a certain extent. “I was quite impressed,” says Eric Toh, a retired business owner. His RM1,888 comprehensive health check included a heart scan and even dental screening and face-to-face review on the same day. “Everything was so smooth, the atmosphere was very good and the environment quiet.” Still, he will do his future health screenings in Singapore. “Because in any case, if there are any sicknesses, insurance can help take care of it here.”

Singapore Airlines on Thursday reported an 82% plunge in second-quarter earnings, missing estimates as losses from its Air India stake and lower interest income weighed on results. Here’s how the carrier performed in the three months ended September compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate: Revenue: 4.89 billion Singapore dollars ($3.76 billion) vs. 4.94 billion Singapore dollars expected Net profit: 52 million Singapore dollars vs. 181.47 million Singapore dollars expected Net profit for the first half of the fiscal year also fell to 239 million Singapore dollars, down 67.8% from a year earlier, the company said. Interest income in the second quarter fell by 42 million Singapore dollars due to lower cash balances and interest rate cuts. The share from associated companies, including Air India, took a 295 million Singapore dollar hit in the period. Singapore Airlines , also known as SIA, holds a 25.1% stake in Air India following its November 2024 merger with Vistara, co-owned with India’s Tata Sons. SIA began equity accounting for the airline from December 2024. “Despite the ongoing challenges, the SIA Group remains committed to working with its partner Tata Sons to support Air India’s comprehensive multi-year transformation programme,” the carrier said in a statement. Air India was also a drag on the group’s results in the previous quarter and was reportedly seeking at least 100 billion rupees ($1.1 billion) in financial aid from SIA and Tata Sons, after a June crash that killed more than 240 passengers, according to Bloomberg. Any financial support, earmarked for system upgrades and in-house engineering and maintenance capabilities, would be proportional to ownership, Bloomberg reported, citing people familiar with the matter. SIA has been expanding its commercial partnerships. It launched new codeshare services with Vietnam Airlines in September, strengthening its presence on Southeast Asian routes. In October, it deepened its joint venture with the Lufthansa Group by adding Brussels Airlines, improving routes between Europe and the Asia-Pacific region. The carrier said demand for air travel remains resilient heading into the third-quarter peak. Still, it warned that air cargo trends remain uncertain amid shifting trade policies and market volatility. “The airline industry continues to face challenges from geopolitical tensions, macroeconomic headwinds, inflationary cost pressures, and supply chain constraints,” SIA said.

Two Malaysian men, aged 22 and 38, will be charged for their suspected involvement in separate cases of a Government Official Impersonation Scam. The police received a report on Nov 7, involving scammers who impersonated officials purportedly from the Ministry of Law and the Monetary Authority of Singapore (MAS). The victim first received a call from someone claiming to be from a bank, who alleged that a credit card had been applied under her name. The call was then transferred to people posing as government officials, who told her she was being investigated for money laundering. To lend credibility to their deception, the scammers presented her with fake staff passes and documents via WhatsApp. The victim was then instructed to transfer $1 million from her bank account to her credit card and to use it to purchase gold worth over $412,000 from Mustafa Centre. She was told to hand the gold to an unknown person on the same day. The victim lodged a police report after sensing something amiss. Through extensive ground enquiries and follow-up investigations, officers from the Anti-Scam Command of the Commercial Affairs Department established the identity of the unknown person and arrested a 38-year-old man when he re-entered Singapore on Nov 8. A 22-year-old man involved in similar cases was also arrested on the same day. Preliminary investigations revealed that both men were allegedly tasked by unknown persons, believed to be part of a transnational scam syndicate, to collect cash and valuables from scam victims before handing them over to others. The two men will be charged in court on Nov 10 with abetment by conspiracy to assist another to retain benefits from criminal conduct under Section 51 of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992. The offence carries a jail term of up to 10 years, a fine not exceeding $500,000, or both. Police said they have observed an increasing trend of Malaysian nationals travelling to Singapore to assist scam syndicates in collecting cash, gold and valuables from victims. They reminded members of the public never to hand over money or valuables to unknown persons, share their device screens, or install mobile apps from unofficial app stores. Government officials, including those from Ministry of Law and MAS, will never ask the public to transfer money, disclose bank login details, or transfer calls to the police.

Zhang Xuemin, a 35yo Chinese national, jailed 5 weeks, S$800 fine for drunk woman who punched Grab driver, kicked police officer. Her sentence begins on 11th Nov 2025. She was on her way home at around 1:40 a.m. on December 5, 2024, after a night out with friends. Having consumed alcohol during the evening, she was inebriated when she got into the Grab car at Cuppage Plaza that had been booked to take her home to Hougang After Zhang, who was alone in the car, vomited into a plastic bag, she started crying and yelling, and told the driver to stop so she could get down two kilometres from her home at Jalan Naung. But the driver told her that it was a rule that drivers could only allow passengers to get off at the destinations they had booked. When they arrived at Jalan Naung, Zhang alighted from the car, but instead of entering her home, she sat down outside. She was therefore present when the driver took photos of the back of the car after she had found vomit, which Grab’s regulations require her to do. Seeing this angered Zhang, who confronted the driver and would not listen to her explanations. Instead, she began throwing items from the car, including a bottle of hand sanitiser. She also grew violent toward the driver, slapping her, pulling her hair, and pushing her till she fell to the ground after the driver called the police to request help. The attack on the driver caused scratches and bruises, and she also suffered from headaches. In addition to attacking the driver, Zhang also threw the driver’s phone on the ground when the driver tried to film her actions. When the police arrived at 2:30 a.m., Zhang proved to be uncooperative. Furthermore, when they were questioning the driver, Zhang suddenly ran up to the woman and punched her in the arm. Even after the police warned her repeatedly, she persisted in being violent and kicked a female officer in the stomach when the officer tried to restrain her by holding on to her legs. They were finally able to get her under control shortly before 4:00 a.m.

will need sometime to watch a bit of the video

thanks a lot i wait for black friday for DF54 since 11.11 no promo

when i buy 10yr++++ ago the only good grinder for less then 300 is pharos. TB not even born yr if you were to choose, which all rounder eclectic will you pick? for FP, Aero and ronot

Lorry allegedly dispenses diesel fuel illegally at Eunos carpark A lorry was caught allegedly selling diesel illegally at a heavy vehicle carpark along Eunos Road 7, attracting at least seven customers in just one hour. A reader told Shin Min Daily News (SMDN) that the illegal ‘petrol station’ operates nearly every day till about 11pm at night. Coincidentally, similar activities had reportedly taken place at the same carpark in the past. The Singapore Civil Defence Force (SCDF) told MS News that they are aware of this. Illegal ‘gas station’ operates daily until 11pm When SMDN reporters visited the site, they found a lorry parked near the entrance with its side door half open. Two other lorry drivers appeared to be refilling their vehicles. The lorry in question reportedly contained a diesel storage tank and pump system, allowing it to operate like a legitimate petrol pump. Source: Shin Min Daily News Whenever an unfamiliar vehicle approached, the suspects became highly alert, opening the door wider to block the view of their activities. Within an hour, at least seven vehicles — including cars and lorries — were observed stopping by to refuel. Source: Shin Min Daily News A SMDN reader told the Chinese news site that the makeshift “petrol station” operates from daytime to 11pm daily, except on Sundays. “SCDF is aware of the recent illegal fuel dispensing activities that took place at a heavy vehicle carpark along Eunos Road 7,” the SCDF told MS News.

too expensive if add in shipping cost

A video has been circulating online, in which a boy was seen covered in blood, slapped and made to kneel in apology. He was seen wearing a blue T-shirt with a crest, which appears to be Catholic Junior College's (CJC) PE T-shirt. The confrontation appeared to have arisen over the riding of a bike, but it is uncertain when the incident took place. Covered in blood A 39-second video of the incident was shared on the Sgfollowsall Telegram channel. Although the date and exact time of the incident is not known, it appeared to have taken place at night and along the corridor of an HDB block. The boy was wearing a blue T-shirt emblazoned with a logo on his left chest. In the video, a male voice could be heard telling the boy in blue to "angkat paiseh", which means to apologise. The boy, whose hands, T-shirt and face, were visibly covered in blood, proceeded to kneel down and crossed his arms in front of his chest. Splatters of blood were also visible on the ground. Slapped The boy, who sounded winded, apologised: "I 'angkat paiseh' to [...] for...". Before he could finish, someone from behind the camera threw a slap across the boy's face, causing him to fall backward, raise his arms and cower his head in self-defence. "You ride my bike, right?" After the slap, he was warned to hasten his apology. "For anyhow saying them," the boy completed his sentence. The same male voice then said, "You ride my bike, right?" The boy replied that he was trying to stop them as he gestured to the side of the camera. He continued to plead and apologise profusely. The male behind the camera repeatedly told the boy that he "better be" before hitting him again. "You better f*cking sorry eh?" The male warned. There appeared to be multiple persons behind the camera and surrounding the boy, based on the number of feet and shadows seen when the camera panned to the ground. The video ended with the male behind the camera asking the boy to say "amituofo" (a Buddhist chant) and the boy complying. It is uncertain how the incident ended and whether the boy sought medical help. Incident from June 2025 Responding to queries from Mothership, Woo Soo Min, principal of CJC, told Mothership that the school was alerted to the video in June 2025 and immediately investigated to ascertain if the victim was a student of the school. Woo emphasised that the school takes all reports of harm caused to its students seriously. "The investigation yielded no further information as the video footage was unclear, and the victim could not be identified. The school understands that a police report had been made," Woo added. "We encourage all students to inform their parents or teachers if they encounter cases of harm and seek help when necessary," Woo said. When queried, the Singapore Police Force confirmed with Mothership that a report was lodged and investigations are ongoing.

Tourist can go Malaysia pay for everything like tolls, cinema, transport, bus/ train, parking, groceries, online shopping, street vendor, haircut, grass cutting services, grab/uber, charity, florist, vending machines with just 1 card

Steam Machine PC Steam Frame VR Steam Controller No pricing yet. Release early 2026.

heng i ask you i cant seem to find Varia VS3 Generation 2. if cant at least can get DF54 gen 3. me just want a decent one can liao, not really a coffee guru both should be overkill for me as i making auru press/ french press or robot (not confirm, just talk only) either 1 is ok. 11.11 no offer, shopee selling all the old version

the varia from this sites? https://kurasu.sg/products/varia-vs3-grinder they selling $433 while the 54 selling $300

hahhahah TW host say 850m can swim in 2min. 1500 metres olympic freestyle world record is 14 mins 30 sec. https://www.facebook.com/reel/1364027835312617

65 you voted for it

SINGAPORE – Scammers are now making use of doctored soft copies of NRICs to set up accounts with payment service providers to use for illegal activities. The fraudsters would get hold of a soft copy of an NRIC and replace its photograph with that of another person, said the police as they issued a warning about the new modus operandi on Nov 12. When a payment service provider verifies the modified document submitted, the scammers would get an accomplice to pose as the “person” whose NRIC was submitted, thus allowing for an account to be set up and used for illicit activities. Some of the modified NRICs belonged to scam victims who had given soft copies to scammers previously, the police noted, adding that the Monetary Authority of Singapore has alerted all financial institutions to this tactic. Affected payment service providers, which the police did not name, have also tightened their measures. “Financial institutions have also been reminded to review and ensure that their customer onboarding processes are sufficiently robust to prevent scammers from exploiting their services,” the police statement said. Those found guilty of forging a document or electronic record with the intention to cheat can be jailed up to 10 years and fined, it added. Some precautionary measures that businesses can adopt, as per the Cyber Security Agency of Singapore’s recommendations, include using Singpass for verification rather than digital copies of identity cards, as well as monitoring and reporting any suspicious transactions over a short period. The police also stressed that individuals should never share images of any personal identification documents with others without verifying the legitimacy of the requester and the purpose behind it.

VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the premium ones that have been surging in popularity. The proposed settlement - which is meant to bring more than 20 years of litigation to an end - could ultimately save merchants more than US$200 billion, according to Joseph Stiglitz and Keith Leffler, who served as expert economists in the case on behalf of the retailers. That would make it one of the largest-ever class-action settlements of a US antitrust case. Both networks agreed to relax their controversial “honour all cards” rules, which required merchants to accept all Visa or Mastercard credit cards if they accept any cards from the two networks. The rule has increasingly irked merchants as more and more consumers are wielding premium credit cards, which are more costly to accept than standard card products. Under the terms of the settlement, retailers will now be able to choose whether to accept premium consumer cards. The deal could have a vast impact on checkout lanes across the country. For instance, it could mean that a consumer with a Sapphire Reserve card from JPMorgan Chase & Co., which carries the Visa Infinite branding and therefore comes with a higher fee for retailers, would be turned away from using their card at checkout. A customer using JPMorgan’s Freedom Unlimited card would be able to make their purchase. https://www.businesstimes.com.sg/co...d-cut-fees-let-retailers-reject-certain-cards

https://www.facebook.com/reel/1830382994232623

WTF everything is ⚠️ or ❌ my rights all GG cause When power comes from appointment, not consent, it’s authority without accountability — which is, by definition, tyranny.