Man dies after tugboat sinks in Singapore waters, COE for Cat A highest so far in 2024: Singapore live news
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Cargo ships parked on the ocean area in the southern area of Singapore. (Photo: Getty Creative)
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A man has died after a tugboat, reportedly with a crew of two, sank in Singapore waters on 4 September.
The Maritime and Port Authority of Singapore (MPA) are coordinating a search and rescue operation with the Police Coast Guard (PCG) and the Singapore Civil Defence Force (SCDF) for a missing crew member from the sunken tug.
There is no oil pollution reported at the time of MPA’s press statement on Wednesday.
More on the story below.
All prices for Certificate of Entitlement (COE), which you must purchase to have the right to own and use a vehicle in Singapore, rose in the first bidding in September.
Category A, or the category for smaller and less powerful cars, saw premiums rise to $96,490 which is a new high for the category in 2024.
This is the second year in a row Saverin has led Forbes’ list and the publisher noted he added $13 billion from last year as shares of Meta continued their upward trajectory.
In total, the combined wealth of Singapore’s 50 Richest list rose from $177 billion (S$230b) last year to $195 billion (S$253b) this year.
Siblings Robert and Philip Ng of property giant Far East Organization remained second in the annual ranking with a combined fortune of $14.8 billion (S$19.2b).
According to Forbes, three people on the list, whose wealth is tied to New York-listed Sea, were boosted as the company they cofounded became profitable for the first time in 2023 since its IPO seven years ago and its shares more than doubled in the past 12 months.
This included chairman and CEO Forrest Li who moved up six places to No. 12 with $5 billion (S$6.5b), and chief operating officer Gang Ye rose to No. 16 with $3.1 billion (S$4.0b).
David Chen, chief product officer of e-commerce arm Shopee, broke back into the ranking this year at No. 50 with $870 million (S$1.1b).
The top 10 richest in Singapore are:
1) Eduardo Saverin (US$29 billion)
2) Robert & Philip Ng ($14.4 billion)
3) Li Xiting ($13.4 billion)
4) Kwek Leng Beng ($11.5 billion)
5) Goh Cheng Liang ($10.4 billion)
6) Khoo Family ($9.2 billion)
7) Wee Family ($7.8 billion)
8) Kwee Brothers ($6.8 billion)
9) Leo Koguan ($6.7 billion)
10) Zhang Yong & Shu Ping ($6.5 billion)
Marcus Chhan
At least 1 in 4 Singaporeans had a relationship break down because of money
Study found 27% had a relationship breakdown due to disagreements about money. (Photo: Getty Creative)
At least 1 in 4 Singaporeans have had a relationship fail because of arguments over money, according to a new study by MoneySmart.
The study interviewed 1,000 Singaporean adults and found that 27% had a relationship break down due to disagreements about money. The most common disagreements were around a partner spending too much (48%) followed by differences in saving habits (37%).
According to the study, Singaporean couples are finding it difficult to talk about money openly despite 81% of those surveyed believing that this would lead to a more healthy and secure relationship.
“Although sometimes tricky, improving communication around finances is entirely possible. By addressing money matters proactively and collaboratively, couples can strengthen their partnership, minimise stress, and build a more transparent and supportive financial relationship,” says relationship coach Iwa Hensarling.
Marcus Chhan
Indonesia to deport infamous Filipino fugitive Alice Guo
Guo fled from the Philippines after being accused of helping establish an illegal online gaming and scam centre that catered mostly to clients in China. (Photo: Joseph Vidal/Philippine Senate Social Media Unit via AP)
The former mayor of Bamban – a small town in Tarlac province north of Manila – has become somewhat of a media fascination in recent weeks.
She’s been accused of being a fake Filipino and a Chinese spy as well as a crime syndicate boss dealing in illegal online gambling, scam centres, money laundering and human trafficking.
Guo fled the Philippines in July and is understood to have travelled to Malaysia and Singapore, before going to Indonesia in August.
She was arrested in Indonesia this week and Jakarta's law minister confirmed plans to deport her to the Philippines.
The announcement came during Indian Prime Minister Narendra Modi's two-day visit to Singapore.
“We have set out a forward-looking agenda for the next phase of our bilateral relations. This includes closer cooperation in areas like sustainability, advanced manufacturing, digital technologies and connectivity,” Singapore PM Lawrence Wong said in a FB statement.
India and Singapore want to play a bigger role in the global chip supply chain which continues to be affected by tensions between the US and China.
It was also revealed in the post that Singapore, to date, has contributed $17 million towards humanitarian aid for Gaza.
“To the people of Singapore, I am deeply grateful for your overwhelming support to this urgent and significant cause,” the Minister added in his FB post.
Marcus Chhan
Singapore Airlines gets most trusted nod from Newsweek
A Singapore Airlines aircraft flies past the Frankfurt Arena during a match at UEFA Euro 2024. (Photo: KIRILL KUDRYAVTSEV/AFP via Getty Images)
Singapore Airlines is rated as the most trusted company in the world for Transport, Logistics & Packaging, according to a ranking of the World's Most Trustworthy Companies for 2024.
The list was produced by Newsweek and Statista and “recognises companies that have earned the confidence of consumers, investors and employees by producing quality products, paying employees fair wages and appointing effective leaders.”
For Banks, DBS Group finished second behind Indonesia’s Bank BCA. Other Singapore brands such as United Overseas Bank ranked 12th while OCBC ranked 21st in the Banks category.
COE prices for Category A highest so far in 2024 at $96,490
Traffic rushing in the street of Singapore. (Photo: Getty Creative)
The first Certificate of Entitlement (COE) bidding in September saw the premium for smaller, less powerful cars rising to $96,490 – a new high for Category A cars in 2024.
The previous peak this year for Category A prices was $94,289 recorded back in August.
“Category A is overcrowded, with many new brands and also existing brands having more cars in Cat A,” Ng Choon Wee, commercial director of Komoco Motors which represents Hyundai in Singapore, told Motorist.
A 39-year-old male crew member was rescued by the Police Coast Guard (PCG) and taken to hospital where he later died.
The MPA said it was coordinating a search and rescue operation with the PCG and the Singapore Civil Defence Force (SCDF) for the missing crew member.
It added that salvage divers had been activated to confirm the location of the sunken tug while vessels are being instructed to keep clear of the area.
There is no oil pollution reported at the time of MPA’s press statement on Wednesday.
A former model who was a finalist in the Miss Switzerland contest was allegedly murdered and "pureed" in a blender by her husband, officials in Switzerland are reported to have said. Kristina Joksimovic, 38, was found dead in her home in Binningen, near Basel, Switzerland, in February this year. According to local news outlet BZ Basel, a man named Thomas, 41, had an appeal for release from custody denied by the Federal Court in Lausanne on Wednesday after he reportedly confessed to killing his wife, with whom he had two children.
Pope Francis on Thursday praised Singapore’s economic strength as a testament to human ingenuity but urged the city-state to look after the weakest, too, especially foreign workers, as he opened the final leg of his tour through some of Asia’s poorest countries in one of the world’s richest. Francis marveled at Singapore's modern skyscrapers “that seem to rise from the sea” in both his opening speech to the city-state's leaders and again in the afternoon, when he celebrated Mass before an estimated 50,000 people at Singapore's national stadium. Singapore celebrated Francis' arrival by unveiling a new hybrid orchid named for him, the "Dendrobium His Holiness Pope Francis."
Pope Francis flew to Singapore on Wednesday for the final leg of his trip through Asia, arriving in one of the world’s richest countries from one of its poorest after a record-setting final Mass in East Timor. After a brief farewell ceremony, Francis, the Vatican delegation and journalists traveling with him flew to Singapore aboard local carrier Aero Dili's only aircraft, an Airbus A320. It landed about three hours later in Singapore, where Francis had no public events scheduled for the rest of the day.
A personal assistant convicted of killing and dismembering his former tech entrepreneur boss after stealing about $400,000 from him was sentenced Tuesday to 40 years to life in prison, Manhattan's district attorney said. Tyrese Haspil, 25, was found guilty in June of murder, grand larceny and other charges in the 2020 death of his former boss, Fahim Saleh. Prosecutors said Haspil had been hired as an assistant for Saleh, whose ventures included a ride-hailing motorcycle startup in Nigeria, but quickly began to siphon money from Saleh's businesses.
"I’m allowed to criticize Taylor Swift, and I don’t give a s--t who gets upset," the right-wing podcast host adds The post Megyn Kelly Is Disgusted by Taylor Swift’s Kamala Harris Endorsement: ‘F You’ appeared first on TheWrap.
Malaysian authorities on Wednesday rescued 402 children and arrested 171 suspects after raiding 20 welfare homes linked to an Islamic business group, in which children were exploited and sexually abused, the national police chief said. Inspector-General of Police Razarudin Husain said the raids were conducted after investigations into allegations of child abandonment, deviant teachings and sexual assault at the homes, run by the Global Ikhwan Services and Business Holdings. Children were sexually abused not only by the caretakers but were also forced to do the same to each other at the facilities, Razarudin said in a televised news conference.
Rock legend Jon Bon Jovi has been captured on camera helping to persuade a "distraught" woman to step away from the ledge of a bridge in Nashville. The US singer was reportedly filming a video for his band's track "The People's House" on the John Seigenthaler Pedestrian Bridge when the woman was spotted on the other side of the railings. CCTV footage, shared by local police, shows the Bon Jovi frontman and woman walking down the middle of the bridge on Tuesday evening.
A suburban Philadelphia man drugged and sexually assaulted women he met online over the past 15 months, police said Wednesday in filing rape and other charges against him. All six women, ages 17 to 30, told police they met him through a website that connects women with “sugar daddy” men, described on the website as “generous.” In a police affidavit filed with the charges, Gallo was accused of secretly spiking drinks with methamphetamines and other drugs, leaving women bruised and sick after spending the night at his home.
Watch live as Pope Francis celebrates Mass with 50,000 people in Singapore at the National Stadium on Thursday, 12 September. The pontiff, 87, is closing out his Asia-Pacific tour; he has been to Papua New Guinea, Indonesia, and Timor-Leste. The pontiff will celebrate Mass with 50,000 people at the National Stadium on Thursday evening, packing the venue as his 12-day Asia-Pacific tour draws to a close.
A leaked audio recording of a heated exchange between Prime Minister Benjamin Netanyahu and the family of a hostage killed by Hamas is sparking reaction in Israel. CNN’s Nic Robertson reports.
Boeing waited to learn Thursday whether 33,000 aircraft assembly workers, most of them in the Seattle area, are going on strike and shutting down production of the company's best-selling planes. Members of the International Association of Machinists and Aerospace Workers were voting on whether to approve a contract offer that includes 25% pay raises over four years. If the factory workers reject the contract and two-thirds of them vote to strike, a work stoppage would begin Friday at 12:01 a.m. PDT.
