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☆ Malaysian authorities say they plan to start searching for the missing MH370 plane again, 10 years after it disappeared
▼ + stars: | 2024-03-04 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +2 min

Read previewMalaysian authorities announced on Sunday that they are planning to start searching for the missing Malaysian Airlines flight MH370 again, the Malaysian broadcaster Bernama TV reported. Loke said in Bernama TV's broadcast that the Malaysian government plans to spare no expense when it comes to finding the missing plane. As I have mentioned several times, as far as Malaysia's government is concerned, we are committed to that search," Loke said. Oliver Plunket, the CEO of Ocean Infinity, told the local newspaper New Straits Times that it had already submitted its proposal to the Malaysian government. Ocean Infinity did not immediately respond to a request for comment from BI.

Persons: —, MH370, Anthony Loke, Loke, Oliver Plunket, Plunkett Organizations: Service, Malaysian Airlines, Bernama, Transport, Malaysian, Business, New Straits Times Locations: Malaysian, Kuala Lumpur, Malaysia, Austin, Beijing

☆ Singapore brokered a deal with Taylor Swift, so she wouldn't take the Eras Tour to other Southeast Asian countries. Now, a Philippines lawmaker is calling it out.
▼ + stars: | 2024-03-02 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Read previewThere's a feud between Singapore and neighboring government officials — and it's all down to Taylor Swift. "Some $3 million in grants were allegedly given by the Singapore government to AEG to host the concert in Singapore. AdvertisementFans of US singer Taylor Swift arrive for the first of the pop star's six sold-out Eras Tour concerts at the National Stadium in Singapore on March 2, 2024. Taylor Swift performs at the National Stadium on March 2, 2024 in Singapore. He claimed he was told the Singapore government offered $2 million to $3 million per show in exchange for exclusivity.

Persons: —, Taylor Swift, Joey Salceda, Swift, Salceda, Rosland Rahman, Ashok Kumar, Srettha Thavisin, Angel Zhong Organizations: Service, Business, Philippines, Department of Foreign Affairs, Singapore, AEG, The Straits Times, Getty, GMA Network, Association of South East Asian Nations, Sky News, BBC News, CNA, Finance, RMIT University, Forbes Locations: Singapore, Philippines, Southeast Asia, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Vietnam, Bangkok, Thailand

☆ Delivery Hero CEO happy to keep Asia unit Foodpanda 'forever' after stock plunged on sale outlook
▼ + stars: | 2024-02-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Delivery Hero shares surged 11% Wednesday afternoon in European trading, extending gains from earlier in the day. Delivery Hero, one of Europe's largest food delivery apps, has faced recent pressure from investors over its ability to make a solid return on businesses it's wholly or partly acquired. Now, Delivery Hero is attempting to claw back from the brutal share price plunge, which brought the company's stock to its lowest level since 2022. That came after Delivery Hero announced a deal to divest its entire stake in the British food delivery company Deliveroo. Delivery Hero at the time denied the report and pushed back on speculation that a collapse in talks was imminent.

Persons: Niklas Ostberg, Foodpanda, Ostberg, breakeven Organizations: New Straits Times, CNBC, Foodpanda, Shareholders Locations: Southeast Asia, Deliveroo

☆ A former flight attendant who said he slipped on a plane is suing Singapore Airlines for $1.3 million
▼ + stars: | 2024-02-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

A former flight attendant is suing Singapore Airlines, citing an injury from unsafe work conditions. Durairaj Santiran said he slipped on a grease patch on a flight, and is now suing for $1.3 million. Singapore Airlines, however, said no such grease patch existed and disputed his claims. AdvertisementA former flight attendant for Singapore Airlines is suing the carrier for $1.3 million, saying it failed to provide a safe working environment that led to a career-ending injury. Durairaj worked as a flight attendant for Singapore Airlines from April 2016 to April 2021, according to the paper.

Persons: Durairaj Santiran, —, Durairaj, Ramasamy Chettiar, Kasturibai Manickam, Durairaj's Organizations: Singapore Airlines, Service, The Straits Times, Airbus, CNA, Durairaj's, Straits Times Locations: Singapore's, San Francisco, Singapore

☆ Malaysia's new king has a $5.7B family fortune. Here's how he spends his money.
▼ + stars: | 2024-02-02 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Sultan Ibrahim Iskandar, 65, was declared king on Wednesday as part of the country's rotating monarchy. King Sultan Ibrahim Iskandar of Johor is photographed with his sister, Queen Tunku Azizah Aminah Maimunah Iskandariah, after his accession was announced in October 2023. MOHD RASFAN/AP ImagesSultan Ibrahim is head of the Johor royal family and is considered one of the country's wealthiest men. In May 2023, a video posted to the Johor royal family's TikTok account showed them dining at Istanbul Turkish Cuisine, a reservations-only restaurant in Horizon Hills, Johor. King of Malaysia Sultan Ibrahim Iskandar (right) speaks with Malaysia's Prime Minister Anwar Ibrahim (left) after the oath-taking ceremony.

Persons: Sultan Ibrahim Iskandar, King Sultan Ibrahim Iskandar, Tunku Azizah Aminah, Iskandariah, MOHD RASFAN, Sultan Ibrahim, Sultan Ibrahim isn't, Ferrari Testarossa, HASNOOR HUSSAIN, Adolf Hitler, Hitler, Harley, Davidson, Tunku Ismail, Crown, Prince, of, of Malaysia Sultan Ibrahim Iskandar, Anwar Ibrahim, Abdullah Ahmad Shah, Mahathir Mohamad Organizations: Bloomberg, Facebook, Getty, Mercedes, YouTube, Boeing, Guardian, U Mobile, Maharani Energy, Johor Darul, The Straits Times, Malaysian, Malaysia's Locations: Malaysia, Malaysia's, Johor, Malaysian, Kuala Lumpur, India, Istanbul Turkish, Horizon Hills, Johor Darul Ta'zim, Singapore, Forest, Manhattan, of Malaysia Sultan

SINGAPORE (AP) — After a U.S. senator grilled Singaporean TikTok CEO about his nationality and affiliation with the Chinese Communist Party, Singaporeans are complaining about ignorant — or even racist — views of their country. During the hearing, Chew was repeatedly questioned about his nationality and possible affiliations to the Chinese Communist Party by Sen. Tom Cotton, R-Ark. Chinese companies are required to set up Communist Party cells. “No Senator, again, I’m Singaporean,” Chew responded, visibly perplexed. Prior to joining TikTok, Chew worked for five years at Xiaomi, a Chinese smartphone company.

Persons: Shou Chew, Chew, Chinese Communist Party by Sen, Tom Cotton, ” Cotton, Cotton, “, ” Chew, “ McCarthy, Jojo Choo, ”, ” Choo, Fian Fazlie, “ He’s, ” Fazlie, Biden, Vivian Kao, Goldman Sachs Organizations: SINGAPORE, Chinese Communist Party, Chinese Communist Party by, Communist Party, Washington Post, Singapore, Straits Times, Fox News, U.S, “, DST Global Locations: America ., Singapore, China, Chinese, “ Singapore, TikTok, Xiaomi

☆ Malaysia's new king is a billionaire with a collection of 300 luxury cars, his own private army, and family ties to Hitler
▼ + stars: | 2024-01-31 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Malaysia has a new billionaire king who has his own army, a fleet of private jets, and 300 luxury cars, including one apparently gifted by Adolf Hitler. King of Malaysia Sultan Ibrahim Iskandar (right) speaks with Malaysia's Prime Minister Anwar Ibrahim (left) after the oath-taking ceremony. AdvertisementAccording to Bloomberg, the Johor family is worth an estimated $5.7 billion. In a resurfaced 2013 interview posted to YouTube in 2017, Sultan Ibrahim said Hitler was a friend of his great-grandfather. AdvertisementSultan Ibrahim's wife, Raja Zarith Sofiah, is from another royal family, an Oxford graduate, and a children's books author, according to the Associated Press.

Persons: Adolf Hitler, Sultan Ibrahim Iskandar, Malaysia Sultan Ibrahim Iskandar, Anwar Ibrahim, MOHD RASFAN, Sultan Ibrahim —, Yang di, Pertuan, Sultan Ibrahim, Hitler, Harley, Sultan Ibrahim's, HASNOOR HUSSAIN, couldn't, Mahathir Mohamad, Mohamad, Raja Zarith Sofiah Organizations: Malaysia's, Singapore Straits Times, Business, Bloomberg, Ferrari, Getty, Reuters, U Mobile, ABC News, YouTube, Davidson, Guardian, Sydney Morning Herald, Associated Press Locations: Malaysia, Malaysia Sultan, Johor, Singapore, Great Britain, England, Kuala Lumpur, Malaysian, Oxford

☆ I grew up always wanting to drive my own car. But I'm from the world's most expensive city to live in, and now I know I never will.
▼ + stars: | 2024-01-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +12 min

AdvertisementFor car buyers, the COE is an extra cost that can easily eclipse the actual price of a car. These BMW family cars cost around $103,000 in 2017. COE prices went up to $67,000 that year for lower-end cars, despite more than 13,000 certificates being made available. On Thursday, COE prices for lower-end cars fell to about $48,000, a steep drop that shocked the market. Meanwhile, while unpopular, Singapore's COE prices are working for now.

Persons: —, Mikel Bilbao, Edgar Su, Reuters They've, EDGAR SU, Walter Theseira, Theseira, Singapore's, We've, ROSLAN RAHMAN, we've, Aditya Irawan, it's, they're, Benjamin Loo Organizations: Service, Volvo, Volkswagen, Hyundai, VW, Getty, COE, BMW, Reuters, Toyota Corolla, Singapore University of Social Sciences, ROSLAN RAHMAN Singapore, Yokohama JR Line, The New York Times, Uber, Temasek Holdings, CarTimes, Straits Times Locations: Singapore, European, New York City, Tokyo, Yokohama, New York, Asia, Jakarta, Bangkok, Kuala Lumpur

☆ Take a look inside Singapore's public housing estates, where 80% of the resident population resides
▼ + stars: | 2023-11-26 | by ( Amanda Goh | ) www.businessinsider.com time to read: +2 min

Singapore's public housing apartments are home to about 80% of the country's resident population. AdvertisementSingapore's skyline would not be complete without its candy-colored, high-rise public housing apartment blocks. In the US, public housing is intended for low-income families, seniors, or people with disabilities. AdvertisementIn Singapore, however, it's a different situation: Public housing units are where about 80% of the country's resident population lives. And in Singapore, public housing does not mean inexpensive housing.

Persons: —, I've, It's Organizations: Service, Housing Development Board, Straits Times Locations: Singapore, New York City

☆ A 20-year-old 'stay-at-home daughter' says 'girl math' means her $2,900 Cartier earrings are basically free
▼ + stars: | 2023-09-21 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

A woman in Singapore claims "girl math" means her Cartier earrings are basically free. "Anything is possible with girl math," Liem told The Straits Times. In her video, Liem said she is a "stay-at-home daughter" and that her father is an investor. AdvertisementAdvertisement"Anything is possible with girl math," Liem said to The Straits Times. She added that girl math, to her, could mean buying extra things to get free shipping, adding that people often justify exorbitant purchases.

Persons: Cartier, Chloe Liem, Liem, I'd, Van, Lorna Tan Organizations: Straits Times, Service, TikTok, The Straits Times, DBS Bank Locations: Singapore, Wall, Silicon

The Straits Times Illustrations/Cel Gulapa via REUTERS/File Acquire Licensing Rights Read moreSINGAPORE, Sept 21 (Reuters) - The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday. Last month, 400 police officers ran simultaneous raids across Singapore and arrested 10 foreigners in an anti-money laundering swoop. Police have said the 10 suspects were allegedly "laundering the proceeds of their overseas organised crime activities, including scams and online gambling". During the raids, police seized S$1 billion worth of assets including bank accounts, S$23 million in cash, luxury homes, cars, bags, watches and two gold bars. The amount was updated to S$1.8 billion in early September as investigations led authorities to assets in Swiss banks.

Persons: Su Baolin, Su Haijin, Chen Qingyuan, Su Wenqiang, Lin Baoying, Zhang Ruijin, Wang Dehai, Su Jianfeng, Vang Shuiming, Wang Baosen, Xinghui Kok, Michael Perry Organizations: The Straits, REUTERS, Police, Thomson Locations: Singapore, SINGAPORE, Cyprus, Cambodia, Dominica, China, Turkey, Vanuatu

☆ Singapore Grand Prix: Monitor lizards invade track during practice session
▼ + stars: | 2023-09-16 | by ( Heather Chen | ) edition.cnn.com time to read: +1 min

CNN —A couple of scaly guests made an unexpected appearance at a Formula One practice session in Singapore on Friday, much to the bemusement of drivers and onlookers. “Hopefully they’ll be going to bed soon.”Minutes later, a second lizard entered the fray, seemingly unbothered by the roaring engines. “Ah, there’s a lizard again on the track, a smaller one this time,” Dutch world champion Max Verstappen exclaimed over the radio. Verstappen was seen swerving to avoid the creature, his second encounter with them on the track since 2016. Water monitors are a large breed of monitor lizard and are a common sight in Singapore’s green spaces and rivers.

Persons: It’s, Red, Christian Horner, they’ll, ”, Max Verstappen, Verstappen, Mercedes ’ George Russell, Ferrari’s Carlos Sainz Organizations: CNN, YouTube, Twitter, Singapore, Prix, Sky Sports, Reuters, Singapore’s Straits Times Locations: Singapore

☆ Singapore seizes money launderer's assets in Swiss banks in S$1.8 billion case
▼ + stars: | 2023-09-06 | by ( Chen Lin | ) www.reuters.com time to read: +2 min

The Straits Times Illustrations/Cel Gulapa via REUTERS/File Acquire Licensing Rights Read moreSINGAPORE, Sept 5 (Reuters) - Police in Singapore investigating a major money laundering operation have seized S$125 million ($91.79 million) from the bank accounts of one of ten foreign suspects accused in the case. The total value of assets seized by investigating authorities now stands at S$1.8 billion, according to prosecutors. The scale of the money laundering operation has shocked the wealthy Asian financial hub, and raised concerns over whether there are loopholes in its financial system. A state court denied bail for two of the accused foreigners, Wang Baosen and Su Baolin, on Wednesday. ($1 = 1.3618 Singapore dollars)Reporting by Chen Lin in Singapore; Additional Reporting by Yantoultra Ngui; Editing by Simon Cameron-Moore and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Su Baolin, Su Haijin, Chen Qingyuan, Su Wenqiang, Lin Baoying, Zhang Ruijin, Wang Dehai, Su Jianfeng, Vang Shuiming, Wang Baosen, Bank Julius Baer, Julius Baer, Chen Lin, Yantoultra Ngui, Simon Cameron, Moore, Jan Harvey Organizations: The Straits, REUTERS, Police, Turkish, Credit Suisse Singapore, Bank, Credit Suisse, Thomson Locations: Singapore, SINGAPORE, Vang

☆ Singapore downgrades GDP outlook, avoids recession
▼ + stars: | 2023-08-11 | by ( Chen Lin | ) www.reuters.com time to read: +3 min

Goss domestic product (GDP) expanded a seasonally-adjusted 0.1% quarter-on-quarter in April to June, slower than 0.3% growth seen in the government's advance estimate. Manufacturing will remain weak, dampened by a protracted downturn in electronics, while finance and insurance sectors will likely be subdued, MTI said. The ministry narrowed its GDP growth forecast to 0.5% to 1.5% this year from 0.5% to 2.5% previously. Analysts are expecting no change to monetary policy at MAS's October meeting, despite cooling momentum. MAS left its policy settings unchanged in April, after tightening five times in a row since October 2021, reflecting concerns over the city-state's growth outlook.

Persons: Feline, Goss, MTI, Yong Yik Wei, Brian Tan, Chen Lin, Tom Westbrook, Kanupriya Kapoor, Jacqueline Wong Organizations: Port, REUTERS, MAS, Ministry of Trade and Industry, The Straits Times, Monetary Authority, Singapore's, Barclays, Thomson Locations: Port of Singapore, MTI, SINGAPORE, Singapore, Asia

☆ CNBC Daily Open: The S&P 500 may hit a record high
▼ + stars: | 2023-07-14 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Visitors around the 'Charging Bull' statue near the New York Stock Exchange (NYSE) in New York, US, on Thursday, June 29, 2023. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Excluding food, energy and trade services, the core producer price index rose 0.1%, lower than the forecasted 0.2%. Celsius chargesFormer Celsius CEO Alex Mashinsky was arrested Thursday on federal securities fraud charges, a source told CNBC. CNBC Pro searched for companies that analysts are bullish on, and which are due to report earnings next week.

Persons: Michele Bullock, Bob Iger, CNBC's David Faber, Iger, Alex Mashinsky Organizations: New York Stock Exchange, CNBC, U.S, Singapore's Straits Times, Reserve Bank of Australia, Disney, ABC, ESPN, Marvel, Star Wars, SEC, CNBC Pro Locations: New York, Asia, Pacific, Australia

☆ Bachelors in Asia are so desperate to attend Taylor Swift's concert that they are offering themselves up as dates to a bank's cardholders
▼ + stars: | 2023-07-05 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

A Singaporean bank's cardholders have exclusive access to presales for Taylor Swift concert tickets. Swiftie bachelors are going viral as they jokingly search for dates who happen to be cardholders. Over 300,000 fans are expected to attend the concert's Singapore dates, per The Straits Times. Dozens of other Taylor Swift fans are racking up thousands of likes with tweets in the same format. Over 300,000 fans are expected to attend the concert's Singapore dates, per the report.

Persons: Taylor Swift, Taylor Swift's, UOB, Keen, Swifties, that's, Swift, cardholders Organizations: Straits Times, Twitter, United Overeas Bank, Wall Street Locations: Singapore, Taylor Swift's Singapore, Japan, Malaysian, Asia, Malaysia, Indonesia, Thailand, Vietnam

☆ Singapore kicks off the world's first Olympic Esports Week
▼ + stars: | 2023-06-23 | by ( Audrey Wan | ) www.cnbc.com time to read: +2 min

An athlete warms up before the cycling finals on the second day of Olympic Esports Week in Singapore. Yong Teck Lim | Getty ImagesSINGAPORE — Singapore is hosting the inaugural Olympic Esports Week where over 100 athletes from around the world are competing across 10 virtual sports. It builds on the success of the Olympic Virtual Series staged before the Tokyo Summer Games in 2021, which attracted 250,000 participants, the IOC added. Singapore is no stranger to esports competitions, launching the Singapore Games Association to develop the country's esports ecosystem. The Singapore Tourism Board said the country has the potential to become a "top-of-mind destination for esports fans globally," CNA reported.

Persons: Yong Teck Lim, Alvin Tan, Tan, Halimah Yacob, Newzoo Organizations: Getty, SINGAPORE —, Olympic, International Olympic, Olympic Games, Straits Times, International Olympic Committee, Tokyo Summer Games, IOC, Singapore Games Association, Singapore Tourism Board, CNA Locations: Singapore, SINGAPORE, SINGAPORE — Singapore, Suntec City, Esports, Asia Southeast Asia, Statista

☆ Ticketmaster issued more than 1 million queue numbers for Coldplay's Singapore concert. Rumbles of fury at the platform are rolling through Twitter as people say they got frozen out of purchases.
▼ + stars: | 2023-06-19 | by ( Amanda Goh | Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Ticketmaster issued more than 1 million virtual queue numbers for Coldplay's "Music of the Spheres" concert in Singapore. This is not the first time Ticketmaster has fumbled the ticketing experience for a big concert. Pre-sales for the concert started on Monday at 10 a.m. SGT, per a tweet from the concert organizer, Live Nation Singapore. About 1 million virtual Ticketmaster queue numbers were issued in total, local newspaper The Straits Times reported. Coldplay and Ticketmaster Singapore did not immediately respond to requests for comment from Insider.

Persons: — bev ng, Taylor, Swift stans, Alexandria Ocasio, Cortez Organizations: Ticketmaster, Twitter, Morning, Coldplay, National, of Singapore, Live Nation, The Straits Times, Nation Singapore, New York Rep, Eurovision, BTS Army, Ticketmaster Singapore Locations: Singapore, Live Nation Singapore, Alexandria

☆ Fact Check-Clip shows cows that died after eating poisonous plants
▼ + stars: | 2023-06-12 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A clip that shows sick and dead cows lying on a dried grass shows animals that were poisoned after eating certain plants during a prolonged drought in Italy in August 2022. The clip does not show cows that died after being vaccinated with a bovine “mRNA vaccine,” the veterinarian that was on the scene at the time said. One user shared the clip via Twitter with a caption that reads: “Northern Italy bovineM R N A vac.... According to reporting at the time, around 50 cows died after consuming sorghum plants (here). The clip shows sickened and dead cows lying on dried grass in a farm in northwestern Italy after being poisoned by certain plants in August 2022.

Persons: Stefano Giantin, Carlo Nebbia, Read Organizations: Rai, The Straits Times, Reuters, Toxicology, of Veterinary Sciences, University of Turin Locations: Italy, del Piemonte, Liguria, Valle

☆ Singapore's banking authority says DBS outage was 'unacceptable'
▼ + stars: | 2023-03-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A DBS Group Holdings Ltd. logo atop an automated teller machine (ATM) at a bank branch in Singapore, on Wednesday, Feb. 17, 2021. SINGAPORE — Shares of Southeast Asia's largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services. The Monetary Authority of Singapore said the outage was "unacceptable" and the lender had "fallen short of expectations." DBS was the largest loser in terms of index points on Singapore's benchmark Straits Times Index on Thursday. In a statement issued late Wednesday, MAS said it instructed DBS to "conduct a thorough investigation to establish the root cause of the disruption and submit its investigation findings to MAS."

☆ Asia Pacific stocks rise as banking concerns ease, recession fears continue ahead of Fed meeting
▼ + stars: | 2023-03-20 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Stocks in the Asia Pacific region rose Tuesday as concerns about the global banking sector eased in response to a whirlwind of intervention by policymakers and industry players. The S&P/ASX 200 in Australia jumped 1.3%, boosted by its AXFJ index, a measure of banking stocks, which surged 1.7%. In Hong Kong, the Hang Seng Index (HSI) opened up 0.8%. US stock futures were flat in Asian trade Tuesday, with Dow futures, S&P 500 futures and Nasdaq futures little changed. Still, recession fears continue to dog investors ahead of the US Federal Reserve’s meeting, which is set to conclude Wednesday.

☆ As global stocks fall, Asia-Pacific's benchmark index erases all of its gains for 2023
▼ + stars: | 2023-03-14 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

On Tuesday, bank stocks in Japan declined sharply, weighing on the wider Topix, which led the sell-off in Asia-Pacific. Tokyo-listed shares of Mitsubishi UFJ Financial Group fell 8.59%, Sumitomo Mitsui Financial Group shed 7.57% and Mizuho Financial Group dropped 7.14%. Yeap also noted indexes such as the Straits Times Index in Singapore has close to 45% of its weightage in bank stocks. Stock Chart Icon Stock chart iconNomura equity strategists including Chetan Seth reiterated their February call and still expect more gains for the index. "We are inclined to believe that these issues will not be systemic to the health of the banking sector," he said.

☆ A Thai drug lord evaded capture by having plastic surgery to make himself look like a 'handsome Korean man', police say
▼ + stars: | 2023-02-27 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

A Thai drug dealer sought to evade capture by extensive cosmetic surgery, police say. He altered his appearance to look like a "handsome Korean man," reports say. Saharat Sawangjaeng, 25, who used the Korean alias Jimin Seong, was arrested by police in Bangkok last week, The Bangkok Post reported. Police said they were able to track down Sawangjaeng by tracing the sale of MDMA, also known as ecstasy, on the streets of Bangkok, with witnesses describing him as a "handsome Korean man." Sawangjaeng was able to evade capture for 3 months because of extensive facial surgical procedures to alter his appearance, officials said.

☆ ChatGPT failed miserably in Singapore's 6th-grade tests, averaging 16% for math and 21% for science. Days later, it was getting answers right.
▼ + stars: | 2023-02-20 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

OpenAI's ChatGPT failed math and science tests that sixth-graders in Singapore take. It made errors in simple addition and could not comprehend any diagrams, per The Straits Times. It scored an average of 16 out of 100 marks for the three mathematics papers it took, per The Straits Times. ChatGPT fared a little better at the science papers, getting an average of 21 out of 100 marks. But on Monday, when Insider tested ChatGPT on two PSLE science questions — one from 2020 and another from 2022 — it got both questions right.

☆ Singapore posts worst non-oil domestic exports in a decade
▼ + stars: | 2023-02-17 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

Singapore's non-oil domestic exports plunged 25% year on year in January — their largest drop in 10 years. Government data showed Singapore's non-oil exports to its top markets led the wider decline, with exports to China falling by more than 41%, to the U.S. by 31.5% and to Hong Kong by more than 55% for the month. Non-oil retained exports also fell 10.4% in January, following the 7.2% decline in December. Total trade also fell by 10.4% year on year, with total exports dropping 9.6% and imports contracting by 11.3%. The Singapore dollar weakened slightly after the release and the Straits Times index traded marginally higher in Friday's morning trade.

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