Morning Briefing: Top stories from The Straits Times on May 8, 2024

You are reading the Morning Briefing newsletter. Get the news that prepares you for the day ahead, delivered to your inbox. Subscribe to our newsletter.  


MAS to ensure DBS identifies root cause of recent disruptions and addresses it effectively

The recent outages occurred even as a remediation plan to identify and rectify the cause of disruptions in 2023 is ongoing.

READ MORE HERE


Police have incurred $646k so far to maintain assets seized in $3b money laundering case

Assets seized include Bearbricks, luxury watches, designer bags and thousands of bottles of alcohol.

READ MORE HERE


Malaysia’s King wraps up state visit to S’pore with focus on connections and connectivity

Sultan Ibrahim visited Parliament when it was in session, and took a train ride on the Thomson-East Coast Line.

READ MORE HERE


‘We don’t want to fail parents another time’: Cordlife CEO on addressing lapses

The company is currently under a six-month suspension that began on Dec 15, 2023.

READ MORE HERE


Stressed about the economy? ‘Doom spenders’ in S’pore splurge on dining, travel despite debt risk

It could land one in huge debt and nothing saved for retirement.

READ MORE HERE


Both the US and China have fallen short in their quest to win over SE Asia

The 2024 ISEAS survey on regional sentiments reveal a mixed picture in the contest for influence, writes Tommy Koh.

READ MORE HERE


Foreigners make up 30% or more of PMET staff for 2 in 10 larger firms in S’pore

The 2023 figure was higher for small firms employing under 25 PMETs, at 28 per cent.

READ MORE HERE


Singapore is world’s 4th wealthiest city, overtaking London: Report

When it comes to the most expensive cities in the world, New York City came in second after Monaco.

READ MORE HERE


Basketball coach who sexually abused 4 teen boys gets 19 years’ jail and caning

The man took one victim back to his flat on the pretext of conducting “puberty checks”.

READ MORE HERE


Ponggol Seafood, famed for chilli crab, shutters after more than 50 years

High rental, coupled with increasing operating costs and manpower woes, made it difficult to sustain the restaurant.

READ MORE HERE

Join ST's WhatsApp Channel and get the latest news and must-reads.