Chinese investors still moving to Vietnam, free of US tariffs for now, as Trump 2.0 looms

Read a summary of this article on FAST.SINGAPORE: A China-linked, Singapore-based firm, CCIC Singapore, has laid off hundreds of employees and is going into liquidation due to US sanctions for its role in obscuring the origins of Iranian oil shipments. The firm, a subsidiary of a state-owned enterprise, notified employees of retrenchments after being blacklisted on May 13, leading to salary delays and dissatisfaction over severance packages. Employees have reached out to labor organizations for...

Read a summary of this article on FAST.SINGAPORE: Blogger Manmeet Singh Bahadar Singh was fined S$6,000 for posting a TikTok video that falsely accused Minister Josephine Teo of making offensive remarks about Malays. Singh shared the claims without verifying their authenticity after receiving a link to a blog post from an unknown source. He later removed the video and apologized when he suspected the allegations were false, but was arrested for promoting racial disharmony. Full...

Read a summary of this article on FAST.SINGAPORE: Three women and a man were charged on Friday (Jun 6) for their roles in a scam involving a victim surrendering valuables for religious blessings. The accused, Huang Ximing (61), Zhong Weifeng (58), Huang Qinyan (47), and Huang Meiling (56), all Chinese nationals, were charged with cheating in a conspiracy. The police reported that the scammers convinced the victim to surrender cash and jewelry for a blessing...

A man named Konstantin Gavrilov, a 45-year-old Singapore permanent resident and Russian national, was sentenced to 10 days in jail for assaulting a security officer at Marina Bay Sands (MBS) after a night of drinking. Following disturbances at the club, he struck the officer in the face and placed him in a chokehold while being escorted out in an elevator. Gavrilov, who admitted to consuming alcohol, was arrested after the incident, which was captured on...

SINGAPORE: Temasek Holdings announced that former Senior Minister Teo Chee Hean will succeed Lim Boon Heng as its fifth chairman, starting Oct 9. Teo, who has a distinguished political career and served in various ministerial roles, will first join as deputy chairman on Jul 1. Lim, who has been chairman since 2013, oversaw significant growth in Temasek's global presence and portfolio value during his tenure. Full Article

SINGAPORE: Prime Minister Lawrence Wong stated that Israel's restrictions on aid to Gaza may breach international humanitarian law, reflecting a notable shift in Singapore's stance amidst growing international criticism of Israel's actions. This was echoed by Acting Minister Faishal Ibrahim, aligning with views that Israel is committing war crimes, though Singapore's position remains consistent in advocating for Palestinian rights and humanitarian aid through various initiatives. Recent remarks by European leaders indicate a broader consensus that...