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December 18, 2008 Thursday
Updated

OFFICIALS from the Monetary Authority of Singapore (MAS) have run spot checks on financial institutions that sold Lehman-linked products to ensure investors' complaints are handled properly.

The on-site visits, conducted in consultations with the three independent parties overseeing the complaints process, appeared to be largely encouraging.

 
Online friends to underage sex

SEX makes babies - that was all the girl said she knew about sex when she was 11 years old, the age at which she lost her virginity.

Now 13, she recounted matter-of-factly how she met her first boyfriend on the social networking site Friendster last year.

180 foreign workers stranded

ONE hundred and eighty foreign workers living in Tagore Lane have been left jobless, unpaid and now, hungry as well, as meal deliveries stopped abruptly on Wednesday.

For the time being foreign worker advocacy group Transient Workers Count Too (TWC2) has stepped in to provide two meals, but it is unclear whether the workers' other problems will be resolved.

Goldsmiths losing their sheen

WITH its glittering shopfronts lining Serangoon Road, Little India has long been popular with shoppers hunting for a good deal on gold jewellery.

However faced with rising competition and declining profit margins, some businesses in recent years have resorted to underhand tactics to squeeze customers, says a new survey on Little India goldsmiths by the Consumer Association of Singapore (Case).

   
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