For instance, international gym operator Virgin Active has made bold plans to expand, pumping in up to $100 million and open eight to 10 more clubs. However, some operators have closed down after struggling with
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Wooing overseas Singaporeans home
More than 200,000 Singaporeans currently live and work overseas, up significantly from 10 years ago. Previously seen as a worrying trend for Singapore’s leaders, new initiatives have been launched to tap on their international exposure
Read moreMalaysia 1MDB investigation: US seeks to seize $1bn in assets
The US Justice Department is looking to seize more than $1bn (£761m) in assets as part of its investigation into Malaysia’s state fund 1MDB. Lawsuits filed in Los Angeles by the Justice Department allege there
Read moreAll California Fitness outlets shut
SINGAPORE – California Fitness has shut down, “until further notice”, all its outlets including the ones in Novena and Bugis, because its owner JV Fitness lacks the finances to keep them running. This was announced
Read moreTemasek said to weigh buyout of Singapore subway operator SMRT
Singapore state investment company Temasek Holdings Pte Ltd is considering a buyout offer for SMRT Corp, the city-state’s biggest subway operator, a person with knowledge of the matter said. Temasek is weighing an offer to
Read moreMan convicted of raping partygoer on Sentosa beach
SINGAPORE – A 26-year-old former Sentosa beach patrol officer was on Monday (July 18) convicted of raping and sexually assaulting a drunk partygoer on Siloso Beach. The High Court found that the prosecution had proved
Read morePM Lee to visit Malaysia on Tuesday to witness signing of MOU on KL-Singapore high-speed rail
SINGAPORE – Prime Minister Lee Hsien Loong will be in Putrajaya on Tuesday (July 19) for the signing of an agreement on the much-anticipated high-speed rail (HSR) that will connect Kuala Lumpur and Singapore. Mr
Read morePow Sing Restaurant at Serangoon Gardens suspended as 29 cases of gastric flu surface
SINGAPORE – Several cases of gastroenteritis reported at Pow Sing Restaurant are being investigated, the authorities said on Wednesday (July 13). Commonly known as gastric flu, the illness can cause diarrhoea, vomiting, fever and abdominal
Read moreSingapore-registered car catches fire at Malaysia customs
JOHOR BARU – A Singapore-registered car with cartons of cigarettes in its engine compartment caught fire at the exit lane of the Customs, Immigration and Quarantine (CIQ) Complex at Sultan Iskandar Building on Tuesday night
Read moreAngry China warns against ‘cradle of war’ in South China Sea after Hague ruling
BEIJING/MANILA (AFP, Reuters) – China warned its rivals Wednesday (July 13) against turning the South China Sea into a “cradle of war” and threatened an air defence zone there, after its claims to the strategically
Read moreThe world’s most expensive dining experience launches in Singapore
SINGAPORE: For some Singapore foodies, money is no object in the quest for the perfect gourmet experience. But even the most hardcore foodophile might balk at forking out a cool US$2 million (S$2.7 million) for
Read moreSuspected Standard Chartered Bank robber arrested in Bangkok
SINGAPORE: The man who allegedly made off with S$30,000 from the Holland Village branch of Standard Chartered Bank (SCB) has been arrested in Bangkok, the Singapore Police Force (SPF) announced on Monday (Jul 11). Police
Read moreSingapore Money scam foiled by moneychanger
SINGAPORE: Police have commended staff from a moneychanger and a remittance company for their “timely interventions” in foiling a scam attempt involving S$25,000. In a news release on Friday (Jul 8), police said Mr Malik
Read moreThe Singapore property giant that’s building a sustainable world
Singapore property firm CDL’s green credentials include being ranked the most sustainable real estate firm in the world as well as a leader in sustainability reporting. Now, it is one of the first companies in Singapore to align its operations with the United Nations’ Sustainable Development Goals.
Read moreDo not return calls from numbers starting with ‘999’: Police on latest phone scam
SINGAPORE – If you receive a missed call starting with the numbers ‘999’, do not call back, the Singapore Police Force advised on Wednesday (July 6). Some members of the public have been receiving unknown
Read moreSingapore Airlines introduces upgrade bidding system for invited travellers
SINGAPORE – Singapore Airlines (SIA) has introduced a new bidding system for seat upgrades which will be available to invited customers, the airline said this week. Customers who have booked tickets in Economy class can
Read moreTwo US funds sue DBS Bank, OCBC for Singapore rate rigging
SINGAPORE: Two US-based investment funds have filed a lawsuit in New York against dozens of banks accusing them of conspiring to rig derivative prices incorporating Singapore interest rate benchmarks, a court filing showed. The suit
Read moreHow Brexit affects Singapore
Brexit will have little immediate impact on Singapore but longer-term impact from UK companies’ scaling down, or the EU slowing down, can be expected Britain is only No. 22 on the list of Singapore’s trading
Read moreSingapore Airlines plane catches fire after emergency landing
Flight SQ368, a Boeing 777-300ER, took off from Changi Airport around 2:25am on June 27 carrying 222 passengers and 19 crew, Singapore Airlines said. The flight had been expected to arrive in Milan at 8:45
Read moreBrexit vote a ‘turning point’: PM Lee
SINGAPORE: Britain’s vote to leave the European Union (EU) is a turning point, Prime Minister Lee Hsien Loong said on Friday (Jun 24), after the UK voted in a referendum to leave the EU. The
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