TR EMERITUS

Singapore Following Moody's downgrading the outlook for local banks DBS, UOB and OCBC from “stable” to “negative” (Moody’s downgrades outlook for 3 local banks to ‘negative’) on 15 July, some of the banks have started raising the interest rates for the fixed rate home loans they offer. Moody’s published a report... 

The Ministry of Manpower (MOM) charged 25 foreigners yesterday (16 Jul) for furnishing false information to the Controller of Work Passes. They had submitted forged academic certificates in attempting to secure their work passes in Singapore illegally. In a statement, MOM said this is the largest number of individuals brought... 

A netizen has posted an interesting piece of information on the popular online forum Sammyboy. In the posting, the netizen talks about some inaccuracies he found in the dossier of documents Minister Vivian presented in Parliament recently. The netizen highlights the first paragraph of the documentary evidence in Vivian's dossier...