Ng Yu Zhi now faces a total of 11 counts of cheating, fraudulent trading and forgery involving about $57 million. - ST
SINGAPORE (The Straits Times/ANN): A Singaporean businessman linked to an alleged fraud involving more than S$1 billion is facing two more charges for forging bank documents.
Ng Yu Zhi, 34, is accused of fabricating two electronic records one of a US$60 million ($79.5 million) bank transfer and the other, US$302 million that was purportedly the balances of his company s bank account.
With the latest charges, Ng now faces a total of 11 counts of cheating, fraudulent trading and forgery.
Ng, the director of Envy Asset Management (EAM) and Envy Global Trading, is said to have raised the money from investors, purportedly to finance nickel trading.
JAKARTA (The Straits Times/ANN: Indonesian police are investigating a case involving officers of state pharmaceutical company Kimia Farma who reused cotton swab on passengers during Covid-19 antigen rapid on-site tests, at an airport in North Sumatra province.
Individual countries in the trade bloc are expected to see a small boost in their GDP of between 0.4 and 0.6 per cent. - ST
SINGAPORE (The Straits Times/ANN): The world s largest trade pact will reduce tariffs and harmonise trade rules, and Singapore and the region stand to gain from it by being more deeply plugged into global supply chains.
This is the conclusion drawn by the Monetary Authority of Singapore s biannual macroeconomic review released on Wednesday (April 28), which said that the Regional Comprehensive Economic Partnership (RCEP) is expected to increase regional trade flows and deepen cross-border production linkages among its 15 member economies.
Dr Maliki taking a closer look at the oxygen tanks onboard a C-130 transport aircraft at Paya Lebar airbase on April 28, 2021.- ST
SINGAPORE (The Straits Times/ANN): Two planeloads of oxygen cylinders are on the way to India from Singapore, to help the country address its unprecedented oxygen crisis arising from a second wave of Covid-19 infections.
The Republic of Singapore Air Force is transporting the 256 oxygen cylinders on board two C-130 aircrafts from Singapore to West Bengal, India.
Second Minister for Foreign Affairs Maliki Osman on Wednesday (April 28) reaffirmed both countries’ strong bilateral relations, adding that Singaporeans stand in solidarity with India in its fight against the pandemic.
Singapore to consider quarantine-free travel to countries with low Covid-19 cases thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.