Think Positive, Think Asean Tribune
The Police are appealing for the next-of-kin of 81-year-old Mr Lee Siong Chen to come forward.
Mr Lee, a former resident of MWS Christalite Methodist Home, had passed away on 17 December 2021.
Anyone with information is requested to call the Police hotline at 1800-255-0000 or submit information online at www.police.gov.sg/iwitness. All information will be kept strictly confidential.
Source: Singapore Police Force
On 28 December 2021, the Commercial Affairs Department (CAD) of the Singapore Police Force and Monetary Authority of Singapore (MAS) launched a joint investigation into an online trading platform, Samtrade FX run by Samtrade FX Limited, a company registered in St Vincent and the Grenadines and into its related Singapore entities Samtrade FX LLP and Samtrade FX (SG) Pte Ltd.[1] Samtrade FX Limited and its related entities are not licensed by MAS, and have been placed on MAS’ Investor Alert List since July 2021.
Samtrade FX Limited and its related entities are currently being investigated for potential offences under Section 82 of the Securities and Futures Act 2001, which prohibits any person from carrying on a business in any regulated activity without a capital markets services licence. There is reason to suspect that irregular trading activities have been carried out on the platform and investigations are being carried out on these activities.
Three men, aged between 31 and 36, have been arrested in connection with the investigation.
When dealing with financial products and services, members of the public are strongly advised to exercise caution and deal only with persons who are regulated by MAS. Members of the public can verify if an entity has a valid licence by checking MAS’ Financial Institutions Directory. They can also check MAS’ Investor Alert List, which is a list of unregulated persons and entities who, based on information received by MAS, may have been wrongly perceived as being licensed or authorised by MAS. MAS’ regulatory framework seeks to ensure that only competent and professional persons may provide regulated financial services. If you choose to deal with unregulated entities or persons, you will forgo the protection under MAS’ regulations.
Before committing to an investment, members of the public should always Ask, Check and Confirm.
[1]Samtrade FX operates on the website https://www.samtradefx.com
• ASK
ASK as many questions as needed to fully understand the investment opportunity. If the company is unable to answer or avoids answering any questions, be wary.
• CHECK
CHECK on the company, its owners, directors and management members to assess if the investment opportunity is genuine.
• CONFIRM
CONFIRM before investing, the company’s and representatives’ credentials by using available resources, including the Financial Institutions Directory, Register of Representatives and Investor Alert List on the MAS’ website (www.mas.gov.sg).
Source: Singapore Police Force
TEHRAN – Iran’s Foreign Ministry, said yesterday that, the United States assassination of the country’s top general, two years ago, has raised “hatred” in global opinion.
“The world’s reactions to the assassination of Iranian General, Qassem Soleimani, were that, all nations have strongly despised the U.S. bullying and hegemonic policies,” the Iranian Foreign Ministry said, on its Twitter account.
“If the U.S. officials failed to see the images of hatred on the streets of the countries worldwide, they are puppet of their own media empire,” the ministry added.
A U.S. airstrike on Jan 3, 2020, killed Soleimani, former commander of the Quds Force of Iran’s Islamic Revolution Guards Corps, along with an Iraqi militia commander, near the Baghdad International Airport.
Tehran Prosecutor, General Ali Qasi Mehr said earlier that, Iran had filed a case with the Interpol, to arrest a number of U.S. political and military officials “who were involved in the assassination of Soleimani.”
Source: NAM NEWS NETWORK
In response to media queries, the MFA Spokesperson said:
Singapore and Indonesia have had extensive discussions on key bilateral issues in accordance with the ‘Framework for Discussions’ announced at the Leaders’ Retreat in 2019. We welcome the good progress in these discussions to reach a balanced set of agreements on these issues for the long term.
We look forward to being able to cap these discussions at the next Leaders’ Retreat which is due to be hosted soon by Indonesia. We are coordinating closely with the Ministry of Foreign Affairs of the Republic of Indonesia to convene the next Leaders’ Retreat in Indonesia.
Source: Ministry of Foreign Affairs, Government of Singapore
Japan and the Philippines renewed the Bilateral Swap Arrangement (BSA) effective 1 January 2022.
The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Bangko Sentral ng Pilipinas signed the third Amendment and Restatement Agreement of the Third BSA. The BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for the US Dollar. The arrangement also enables the Philippines to swap the Philippine Peso against the Japanese Yen. The size of the BSA remains unchanged, that is, up to 12 billion US Dollars or its equivalent in Japanese Yen for the Philippines, and 500 million US Dollars for Japan.
The renewed BSA incorporates amendments to align the BSA with the recent amendments to the Chiang Mai Initiative Multilateralization (CMIM) Agreement.
Japan and the Philippines believe that the BSA, which aims to strengthen and complement other financial safety nets, will further deepen financial cooperation between the two countries and contribute to regional and global financial stability.
Source: Bangko Sentral ng Pilipinas (BSP)
KUALA LUMPUR – Malaysia reported another 2,882 new COVID-19 infections as of midnight, bringing the national total to 2,764,354, according to the health ministry.
Some 333 of the new cases are imported, with 2,549 being local transmissions, data released on the ministry’s website showed.
Another 19 more deaths have been reported, bringing the death toll to 31,532.
About 3,291 patients have been released after recovery, bringing the total number of cured and discharged to 2,692,216.
There are some 40,606 active cases, 284 are being held in intensive care and 156 of those are in need of assisted breathing.
The country reported 94,040 vaccine doses administered yesterday, and some 79.6 percent of the population have received at least one dose, 78.4 percent are fully vaccinated and 19.7 percent have received boosters.
Source: NAM NEWS NETWORK