Why Dollarization Is the Solution to Laos’ Economic Woes – The Diplomat

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: A total of 41 schools were oversubscribed in Phase 2A of the Primary 1 registration exercise this year, an increase from last year, according to the latest data released by the Ministry of Education (MOE) on Wednesday (Jul 16).The most oversubscribed school in Phase...

A man in Singapore was sentenced to 12 weeks' jail for driving a van without a licence, resulting in the death of his two-year-old daughter after he accidentally ran over her while delivering parcels. His wife, aware of his unlicensed status, allowed him to drive; the court considered the incident tragic and reckless, highlighting the man's prior conviction for a similar offence. Explain It To Me Like I'm 5: A man who didn't have a...

Mr. Philip Yeo will retire from his position as a director of City Developments Limited (CDL) on July 31 after 16 years, with no unresolved differences noted in CDL's board. His retirement follows a recent boardroom dispute involving CDL's executive chairman and his son, which included accusations and a lawsuit that was later dropped, highlighting tensions within the company's leadership. Explain It To Me Like I'm 5: Philip Yeo is retiring from his job at...

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 FAST SINGAPORE: The Monetary Authority of Singapore (MAS) reported a net profit of S$19.7 billion (US$15.4 billion) for the financial year ending March 31, a significant increase from S$3.8 billion the previous year. While investment gains were strong, MAS cautioned about potential future impacts...

SINGAPORE: St Joseph's Institution International (SJII) is still investigating the death of 15-year-old student Jenna Chan during a school trip to the Maldives, pending findings from local authorities. The Ministry of Education, satisfied with SJII's safety processes, will not conduct its own investigation but continues to support the family and engage with the school's board. Explain It To Me Like I'm 5: A school in Singapore is still looking into what happened to a 15-year-old...

Las Vegas Sands held a groundbreaking ceremony for its US$8 billion expansion of Marina Bay Sands, officiated by Prime Minister Lawrence Wong. The project, featuring a new 55-storey hotel tower and the "Skyloop," aims to enhance luxury tourism and sustainability while doubling initial costs, with completion expected by June 2030. Explain It To Me Like I'm 5: Las Vegas Sands is building a big new hotel and fun place at Marina Bay Sands in Singapore...