Singapore-based Chocolate Finance, launched in 2024 to disrupt traditional banking for Gen Z, is facing backlash after freezing withdrawals, capping spending, and blocking top-ups, leading to negative sentiment online. The crisis stemmed from a partnership with HeyMax rewards platform and a promotion offering air miles, which was abruptly halted due to unsustainable bill payments, triggering customer withdrawals and criticism. PR experts criticized the handling of the crisis, highlighting the need for preparedness, quick response, and customer trust retention strategies. Despite the turmoil, some investors have voiced confidence in the startup, while customers question their return.
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87 traffic summonses issued during three-day crackdown on errant heavy vehicle drivers
SINGAPORE: The police issued 87 summonses to heavy vehicle drivers for various traffic offences during a three-day enforcement operation from May 5-7, 2025, involving checks on 192 heavy vehicles. Key violations included not displaying speed limiter labels, which are required for vehicles exceeding 12 tonnes to reduce speed-related accidents. Starting January 2024, new regulations mandate that lorries between 3,501kg and 12,000kg must have speed limiters installed, with penalties up to three months in jail or...
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