Singapore

Singapore’s Tokenize Xchange Faces Investigation and License Rejection Singapore-based cryptocurrency exchange Tokenize Xchange is currently under investigation for alleged fraudulent trading activities. The Monetary Authority of Singapore (MAS) has rejected the exchange operator, AmazingTech’s, license application, resulting in the cessation of its operations. Director Hong Qi Yu Faces Charges In addition to the license rejection,…

Motorcyclist Dies in Collision with Lorry on BKE On the morning of 25 July, a tragic incident occurred on the BKE towards the PIE resulting in the death of a 23-year-old motorcyclist. The motorcyclist collided with a lorry, and despite efforts to save his life, he succumbed to his injuries. Police Investigations Underway The lorry…

Singapore’s Housing and Development Board Launches 10,209 Flats in July 2025 Singapore’s Housing and Development Board (HDB) has recently announced the release of 10,209 flats in its July 2025 sales launch. This batch includes a mix of Built-to-Order (BTO) flats and Sale of Balance Flats (SBF), aiming to cater to the housing needs of Singaporean…

Singapore Government Identifies Processing Error Leading to Incorrect Subsidies On July 22, the Ministry of Health in Singapore disclosed that approximately 20,000 individuals in the country had received inaccurate subsidies as a result of a glitch in the government’s Household Means Eligibility System. This error resulted in overpayments totaling around S$7 million for 90% of…

Two Workers Rescued by SCDF from Gondola Incident at Raffles City Tower On 21 July 2025, two workers found themselves in a precarious situation when they became trapped on a gondola outside Raffles City Tower in Singapore. The Singapore Civil Defence Force (SCDF) promptly responded to the emergency, conducting a successful rescue operation to bring…

Chinese Embassy in Singapore Objects to Attribution of Cyberattacks to China The Chinese Embassy in Singapore has raised objections to local media reports linking cyberattacks by a group known as UNC3886 to China. The reports cited Minister K Shanmugam and cybersecurity firm Mandiant in making these attributions. The embassy dismissed these claims as “groundless smears”…

Indonesian Heiress Purchases Rare Good Class Bungalow in Singapore for S$25 Million Mimi Yuliana Maeloa, the granddaughter of the late Indonesian billionaire Eka Tjipta Widjaja, has recently acquired a rare good class bungalow located in Singapore’s prestigious Chatsworth Avenue for a substantial sum of S$25 million. This high-end property is situated in close proximity to…