Tag: cash
Written by Gabriel HerveyApril 8, 2020
Police warn of fake cash giveaways on social media
News Business Article
SINGAPORE: There has been a spike in the number of scam cases involving fake cash giveaways on social media, said the police on Wednesday (Apr 8), adding that there had been at least 13 reports lodged since December last year. Scammers would use social media platforms like Facebook to advertise the giveaways, instructing victims to share
Written by Gabriel HerveyApril 7, 2020
Solidarity Budget: Adult permanent residents with Singaporean family members to receive S$300 cash payout
News Business Article
SINGAPORE: All adult permanent residents with Singaporean parents, spouses or children will be able to apply for a one-off Solidarity Payment of S$300, Deputy Prime Minister Heng Swee Keat announced on Tuesday (Apr 7). Long-term visit pass-plus, or LTVP+, holders who have Singaporean spouses will also receive similar benefits, Mr Heng said in Parliament, adding that more details
Written by Gabriel HerveyApril 6, 2020
Solidarity Budget: S$600 cash support for all adult Singaporeans, other cash payouts to be brought forward to June
News Business Article
SINGAPORE: All adult Singaporeans aged 21 and above will receive a one-off Solidarity Payment of S$600 in cash, Deputy Prime Minister Heng Swee Keat announced on Monday (Apr 6). For the majority of Singaporeans who have provided their bank account details to the Government, the Solidarity Payment will be credited directly into their bank accounts
Written by Gabriel HerveyApril 3, 2020
Man gets jail for cheating MapleStory players of cash for game currency
News Business Article
SINGAPORE: A jobless man cheated multiple players of online game MapleStory of about S$1,400, asking for PayNow or Paylah payments for game currency. After the cash was transferred, Chye Jie He, 28, did not deliver the promised “mesos”, which are in-game currency for the popular Massively Multiplayer Online Role Playing Game. Advertisement Advertisement He was sentenced
Written by Gabriel HerveyMarch 27, 2020
COVID-19: Eligible self-employed workers to receive S$9,000 in quarterly cash payouts under new income relief scheme
News Business Article
SINGAPORE: Around 88,000 people will automatically benefit from a new income relief scheme introduced to tide self-employed workers over the current period of uncertainty, said the Ministry of Manpower (MOM) on Friday (Mar 27). Earlier on Friday, Prime Minister Lee Hsien Loong said the Government would do all it could to stabilise the economy, as
Written by Gabriel HerveyMarch 27, 2020
COVID-19: Self-employed hit by slowdown look forward to details on cash support
News Business Article
SINGAPORE: Shortly after Deputy Prime Minister Heng Swee Keat announced on Thursday (Mar 26) that eligible self employed workers would get financial support of S$1,000 a month for nine months, Facebook and Telegram groups made up of potential beneficiaries were abuzz with questions. READ: COVID-19 Budget: Self-employed people, firms, first-time jobseekers to receive more support Advertisement Advertisement
Written by Gabriel HerveyMarch 26, 2020
COVID-19 Budget: Unemployment benefits increase; higher cash payouts for adult Singaporeans
News Business Article
SINGAPORE: Financial assistance for the unemployed and low-income workers are set to increase as the COVID-19 outbreak unnerves businesses and employees across Singapore. “The best way to safeguard the well-being of our people is by supporting them to stay employed,” said Deputy Prime Minister and Finance Minister Heng Swee Keat in Parliament on Thursday (Mar
Written by Gabriel HerveyMarch 25, 2020
Police officer gets jail for taking cash from wallets that were returned at police station
News Business Article
SINGAPORE: A police officer who was entrusted to collect lost-and-found wallets at a police station filched the cash inside and used it for his own expenses instead. For one count of criminal breach of trust by a servant, 24-year-old Isaac Lim Jun Cheng was jailed for three months on Wednesday (Mar 25). Advertisement Advertisement The
Written by Gabriel HerveyMarch 6, 2020
South Korea’s central bank burns, quarantines cash in COVID-19 precaution
News Business Article
SEOUL: South Korea’s central bank said on Friday (Mar 6) it was quarantining bank notes for two weeks to remove any traces of coronavirus and even burning some as part of efforts to stem the outbreak. The Bank of Korea (BOK) said it is also putting currency notes through a high-heat “laundering” process, as it always
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Commentary: Pakistan has a bold, work-in-progress emergency cash transfer plan for the unbanked
LONDON: Cases of COVID-19, the disease associated with the new coronavirus are spreading quickly in Pakistan. But considering that the nation shares borders with two global epicentres of the pandemic – Iran and China – the situation could have been worse. There have been more than 2,000 infections from the virus in Pakistan and 26