Singapore's national accountancy body established a task force to overhaul the financial reporting ecosystem. The group aims to improve how companies communicate their financial performance, business risks, and long-term value creation to investors and stakeholders.

A Singaporean man was sentenced to jail for sending pork slices and harassing letters to seven mosques. Upset over his job contract, he targeted a woman he blamed, an act the court deemed deeply offensive and inflammatory.

Private banks in Singapore are expanding beyond traditional wealth management. They now offer holistic lifestyle services, including advanced healthcare access, wellness programs, and education planning. This shift addresses the long-term, comprehensive needs of high-net-worth clients.

A water-pipe leak in Yishun caused significant flooding, impacting about 25 shops near Block 101 on May 10. PUB successfully completed clean-up and repairs on May 11, confirming no disruption to local water supply for residents and businesses.