Man dies after tugboat sinks in Singapore waters, COE for Cat A highest so far in 2024: Singapore live news
Yahoo News Singapore
Updated
Cargo ships parked on the ocean area in the southern area of Singapore. (Photo: Getty Creative)
And that's a wrap. Thanks for tuning in. We'll catch y'all again tomorrow.
Hello to all our readers, Yahoo Singapore will be bringing you live news updates today.
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.
Mulberry’s billionaire owner has been charged in Singapore for his role in a scandal involving thousands of pounds’ worth of gifts he gave to a former government minister.
As the rapper is in jail in New York awaiting trial on charges of sex trafficking and racketeering, Denzel Washington is said to have told Sean ‘Diddy’ Combs he doesn’t “respect” anyone during a furious row at one of the musician’s infamous parties.
A former Singaporean Cabinet minister was sentenced Thursday to a year in prison after he pleaded guilty to charges of receiving illegal gifts, in a rare criminal case involving a minister in the Asian financial hub. Former Transport Minister S. Iswaran had pleaded guilty last week to one count of obstructing justice and four of accepting gifts from people with whom he had official business. Justice Vincent Hoong, in his ruling, said holders of high office "must be expected to avoid any perception that they are susceptible to influence by pecuniary benefits.”
A Yazidi woman who was kidnapped by Islamic State as a child before being sent to Hamas in Gaza has been rescued after more than a decade in captivity.
Victims were killed after two of the men posted photos on social media showing them wearing items and flashing hand signs that wrongly suggested they were members of MS-13
A Cambodian woman who worked as a maid in Malaysia has been deported to her homeland for comments she posted on social media criticizing Cambodian government leaders, in the latest example of a Southeast Asian government helping another arrest a dissident. A Cambodia prison official and an opposition activist group said Thursday that Nuon Toeun, 36, who had worked in Malaysia for several years, was arrested last week by Malaysian authorities following a request from the Cambodian government.
Calvin Klein’s ex-boy toy Nick Gruber has been accused of being a drug-slinging roommate from hell by a California man battling Parkinson’s Disease—and now a judge ruled the man must pay Gruber for the trouble.Santa Rosa resident Richard Jones told ABC 7 News that he and his husband, Alfonso Monreal, took Gruber in as a tenant in 2021. However, things quickly turned sour, according to Jones.“I don’t want this to happen to anybody else,” said a teary-eyed Jones in an interview with ABC 7 News hos
A Malaysian billionaire hotelier who brought Formula One to Singapore was charged Friday for allegedly obstructing justice and abetting wrongdoings by a former Cabinet minister who was imprisoned a day earlier in a rare graft case. The two charges against Ong Beng Seng came just a day after f ormer Transport Minister S. Iswaran was sentenced to a year in prison, making him the first minister to be jailed in Singapore in nearly half a century. Iswaran, 62, pleaded guilty last week to a count of obstructing justice and four of accepting illegal gifts such as F1 tickets, wine and whisky from Ong and another businessman Lum Kok Seng.
East Colfax Avenue was the best place to find a job. On East Colfax in Aurora, Colorado, bosses and customers would speak Spanish and might be willing to hire someone like Roca — a 49-year-old immigrant from Colombia — without legal authorization to work. “Do you know how to cook Mexican food?” asked one woman, looking up from the limes she was quartering, when Roca inquired about a kitchen position advertised on the door.
A North Korean defector who escaped to the South more than a decade ago was detained after attempting to cross back into North Korea on a stolen bus, police said.
On Sept. 24, a King County Superior Court judge renewed a 10-year restraining order for Zhen Jin, a Chinese American woman who, along with her elderly uncle, has faced ongoing racist abuse from her neighbors, Agnes Miggins and former police officer Burton Hill, in their condominium complex. Jin had requested a permanent restraining order, but the court decided to extend the current order until Sept. 24, 2034. The couple accused Jin of trying to kill their dog by leaving chicken bones in the condo’s courtyard, escalating into verbal abuse, including sexist slurs from Hill, who called Jin a “dumb f*cking ch*nk” and a “stupid f*cking c*nt.”
U.S. authorities charged five Chinese nationals with lying and trying to cover their tracks, more than a year after they were confronted in the dark near a remote Michigan military site where thousands of people had gathered for summer drills. The five, who were University of Michigan students at the time, were not charged for what happened at Camp Grayling in August 2023. The FBI noted in the Tuesday court filing that there have been instances of college students from China taking photos of vital defense sites in the United States.
Three years after the 30-year-old South Korean woman received a barrage of online fake images that depicted her nude, she is still being treated for trauma. Many other South Korean women recently have come forward to share similar stories as South Korea grapples with a deluge of non-consensual, explicit deepfake videos and images that have become much more accessible and easier to create. It was not until last week that parliament revised a law to make watching or possessing deepfake porn content illegal.
