Daily Debrief: What Happened Today

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Money-laundering accused Vang Shuiming denied bail; associates’ assets also under probe

VANG Shuiming, one of the accused embroiled in the S$2.4 billion-dollar money-laundering case, has three associates with around S$412 million worth of assets that the police are currently investigating.

Singapore household electricity, gas bills to rise as tariffs go up in Q4

FROM Oct 1 to Dec 31, the electricity tariff before the 8 per cent goods and services tax (GST) will go up by an average of 3.7 per cent or 0.98 Singapore cent per kilowatt-hour (KWh) from the previous quarter.

Water efficiency efforts should mitigate price hike’s impact on major manufacturers

SINGAPORE’S upcoming water price hike will raise costs in major industries such as semiconductor and pharmaceutical manufacturing, but long-running water efficiency efforts should keep the impact manageable, companies told The Business Times.

Singapore’s total population up 5% to record high of 5.92 million as at June

THE Singapore citizen population rose by 1.6 per cent year on year in June to 3.61 million; the permanent resident (PR) population rose 3.7 per cent to 540,000 and non-resident population grew 13.1 per cent to 1.77 million as at June this year.

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Daily Debrief: What Happened Today

Is it time to stop bingeing on real estate?

INSTEAD of constantly acquiring property for the next generation, we could do better by leaving them with fairer societies and a healthier planet.

Singapore to formulate alternative-fuel standards by 2025

SINGAPORE is set to expand its quality and standards development efforts in areas such as greenhouse gas reporting, decarbonisation and renewable energy in the next two to three years.

Turning point for the taxi industry?

ULTIMATELY, what matters is the level of service (the P2P operators) can offer to consumers and drivers and this includes pricing, wait times and service quality for consumers, and income level and stability for drivers.