Morning Digest, Nov 19
“Water bill jumped (up) five times high, SP can’t refund it” — S’porean voices out concern over water cost
After an online user’s water bill allegedly cost five times more than the usual amount, the individual has turned to the public for advice, claiming that SP couldn’t refund the bill.
On Thursday (Nov 17) the netizen took to a Singaporean group on an online news forum to ask for advice regarding a water bill that was reported to have jumped up drastically. “Water bill jumped up times five, SP can’t refund it,” the post read.
SBS bus passenger asks if sudden jerking force in the bus is due to engine, or bus captain’s attitude & driving skills
A public transport passenger asked online why buses suddenly jerk when moving or stopping, adding that she experienced this frequently. The passenger posted her query on Facebook page Complaint Singapore, noting she took an SBS bus from Toa Payoh Lor 6 heading towards Serangoon interchange.
“As soon as I got up the bus and after tapping my card, the driver started to drive off with a great jerk which nearly caused me to fall but luckily, able to break the fall by grabbing the grab pole and also there was a student who grabbed hold of me,” she wrote.
China to see ‘exodus of wealth’ to Singapore after Xi Jinping’s crackdowns, Covid shutdowns
In October at the 20th National Congress of the Chinese Communist Party, President Xi Jinping announced further moves toward “common prosperity,” which has sent entrepreneurs looking elsewhere for more welcoming locales, including Singapore.
Bloomberg called it an “exodus of wealth” in a Nov 15 piece.
Temasek takes US$275M loss on FTX seriously
Temasek said it takes its US$275 million (S$377.3 million) losses from FTX seriously, and there are lessons to be learnt from its failed investment in what was once the world’s third-largest crypto exchange. The Singapore sovereign wealth fund admitted to the misplaced judgement of the former chief executive officer (CEO) and co-founder of FTX, Samuel Bankman-Fried, who faces a lawsuit and possible investigation by the Bahamas and US authorities.
Temasek has decided to write down its full investment of US$275 million in FTX, regardless of the outcome of FTX’s bankruptcy protection filing, said Temasek in a statement on Nov 17. FTX filed for Chapter 11 bankruptcy protection in the US on Nov 11. The cost of Temasek’s investment in FTX was 0.09 per cent of its net portfolio value of S$403 billion as of 31 March 2022, Temasek disclosed.
Maid sneaks out every night at midnight and returns at 4am after a rendezvous with her boyfriend at hotel
Employers who realised that their maid was sneaking out every night took to social media asking others for help on what they should do.
In an anonymous post to popular Facebook group FDW in Singapore (working conditions forum), an employer wrote that they found out their helper “has been going out every night, about from 12 am to 2 am and will come back at about 4 am to 5 am. She has a boyfriend and we suspect she always overnight at a hotel with her boyfriend”.
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