What's News: May 28, 2018



CareShield Life starts in 2020

The compulsory government-run scheme CareShield Life will be launched in 2020, and automatically, everyone between the age of 30 and 40 that year will have to start paying premiums. For them, the CareShield Life scheme, which has a wider scope of coverage, replaces the optional ElderShield, which was offered by private insurers.


Ban on personal cloud storage

From July 1, SingHealth's 28,000 staff will no longer be able to access Dropbox, Google Drive, Apple iCloud and Microsoft OneDrive. Such personal cloud storage services will be cut from Singapore's largest group of healthcare institutions because cyber criminals are using these platforms to store malware.


1MDB bailout amount higher

The Malaysian government has dismissed claims by former premier Najib Razak that the debt-riddled 1MDB was not bailed out with a sum of RM7 billion (S$2.4 billion), with Finance Minister Lim Guan Eng saying yesterday that a further RM5 billion of public funds had in fact been allocated to cover the state fund's liabilities.


Scandal-hit Abe losing favour

The drip-drip nature of scandals implicating Japan's Prime Minister Shinzo Abe has led to his support ratings languishing below 50 per cent - a far cry from the heady highs that gave him the "Teflon PM" nickname. Mr Abe is due to attend Parliament today, where he will face questions from an opposition baying for blood.


Will Italy shake up the EU?

A new populist government in Italy with radical economic ideas could spark off another major confrontation within the European Union, says Europe correspondent Jonathan Eyal.


Bugis Village's future in doubt

These are uncertain times for tenants and patrons of Bugis Village, which is in the final year of its 30-year lease. The authorities are due to take back the cluster of 34 pre-war shophouses which surrounds the popular Bugis Street market in March next year.


Tourist arrivals up 7.1% in Q1

Tourist arrivals in Singapore rose by 7.1 per cent in the first quarter of this year, compared with the same period last year. The Singapore Tourism Board is cautiously optimistic that the highs will continue. Last year's 17.4 million visitors spent $26.8 billion.


Bumper returns for life funds

Strong share markets last year are delivering bumper bonuses for investors holding traditional with-profits insurance plans.

Some insurers have reported that their life fund returns in 2017 were the highest among the past three years.


Win or lose, problems crop up

Winner and loser were saddled with contrasting problems after Real Madrid beat Liverpool 3-1 on Saturday in the Champions League final. Two-goal supersub Gareth Bale and star Cristiano Ronaldo hinted they could leave, while the injured Mohamed Salah's World Cup hopes hang in the balance and goalkeeper Loris Karius' future is in doubt after his two blunders.


Happy to go rogue on screen

Ask Sebastian Stan why he has become associated with playing bad boys, and he says it is part deliberate choice and part accident.

The actor, who plays Bucky Barnes/the Winter Soldier in the Marvel superhero films, was in Singapore for the unveiling of fashion label Hugo Boss' revamped store at Marina Bay Sands.


Can we be trusted?

Can businesses depend on people behaving well? We look at businesses and initiatives that have been built on honour systems. http://str.sg/ofxD


What's in the news

Check out our weekly live video series, Hangout with ST, where we talk about what is trending in Singapore over the week. http://str.sg/ofQx

A version of this article appeared in the print edition of The Straits Times on May 28, 2018, with the headline 'What's News'. Print Edition | Subscribe