Trump admits ‘transition cost’ of tariffs as global markets sink again – business live

Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: The current state of private insurance and private healthcare is unsustainable, said Health Minister Ong Ye Kung on Tuesday (Jul 1), as he spoke of a "knot" in the relationship between the insurers and private hospitals. Mr Ong was giving the Ministry of Health...

Certis has agreed to stop requiring officers on medical leave to share their live location, following discussions with the Union of Security Employees (USE). The company clarified that its medical leave policy aims to address misuse while ensuring fairness and operational readiness, emphasizing support for officers' health and well-being amidst recent media scrutiny. Explain It To Me Like I'm 5: Certis, a security company, has decided that workers on sick leave do not have to...

Four companies and two individuals have been charged in Singapore for providing illegal short-term accommodation across 170 units in 50 private residential developments, violating the Urban Redevelopment Authority’s (URA) regulations that require a minimum stay of three months. The accused face a total of 340 charges, each with a maximum fine of S$200,000, as URA emphasizes strict enforcement against such violations to maintain residential integrity. Explain It To Me Like I'm 5: Four companies and...

Read a summary of this article on FAST.SINGAPORE: Some cyclists voiced concerns on the first day of a ban that prohibits them from riding on pedestrian-only lanes, saying the new rule was unfair.Most of the 15 cyclists and pedestrians interviewed by CNA on Tuesday (Jul 1) said they were unaware of the penalties being enforced by the Land Transport Authority (LTA) – where first-time offenders face a fine of up to S$2,000 (about US$1,575) or...

SINGAPORE: The private members’ club 1880 will reopen in August after initially announcing its permanent closure and liquidation. While over 90% of former employees will return, the original co-founders will not be involved, and current members can transfer their memberships without fees, promising a "more vibrant, elevated" experience despite no new amenities disclosed. Explain It To Me Like I'm 5: The private club 1880 in Singapore will reopen next month after briefly closing, and most...

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