
PRC Yang rejects court decision and files appeal
The court ruled earlier this month (6 Apr) that former PRC tour guide and grassroots member Yang Yin will not be entitled to any part of Mdm Chung Khin Chun’s assets. This is after the court recognised a new will drawn up by Mdm Chung in Dec last year, which leaves most of her assets to charity. The new will replaced an earlier...

IDA achieves Gold Award for its excellent HR practices
On Thursday (16 Apr), TRE published a story about an Indian national turned Singaporean, Nisha Padmanabhan, who is employed by IDA (‘IDA defends staff who obtained MBA from degree mill‘). As it turns out, the MBA that Ms Padmanabhan obtained was from a degree mill, the Southern Pacific University (SPU). In response to netizens'...

MAS: We didn’t intervene heavily to support SGD
In response to media queries, the Monetary Authority of Singapore (MAS) released a statement on 14 Apr to explain that it had not intervened heavily to support Singapore’s currency. Commenting on the market reports, MAS said, "These reports had erroneously cited the fall in Singapore’s official foreign reserves (OFR) and...
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