A lady was sleeping in her bedroom when she woke up to a sharp object at her neck. The frenemy held a kitchen knife and demanded that she reveal all her valuables. This was an actual event that happened on 17 January 2020 in Singapore. The lady lost S$37,000 and was hurt in the process. The frenemy...
Privacy Meets Protection
- Home News
As many as 10 staff will be based in the South-east Asian city including Jacky Li, a senior investment manager who will focus on deal execution, and Jeffrey Ho, a portfolio curator. It comes a year after the firm flagged plans to ramp up deals in the region and will be Horizons’ first office outside...
Mr Wong gave this assurance in a Facebook post, after he attended a ministerial meeting of the Financial Action Task Force (FATF) - a global money laundering and terrorist financing watchdog - in Washington last Thursday.
You wake up one day and all the wonderful digital conveniences you have come to depend on are defunct. Apps are not working, internet and mobile data are all disconnected. Suddenly, you cannot pay for anything. Suddenly, you feel very disconnected from what is in your bank.
You are a dog. You find a bone, which makes you happy, but now you have to keep it safe, which makes you worry.
To want to preserve or propagate what you have worked on, accumulated, built, pioneered, is natural. But 21st-century legacy planning requires 21st-century thinking.
The U.S. Federal Trade Commission is refunding about 8,000 victims who lost money from investing in two bitcoin scams. The fraudulent schemes promised that investors could turn their cryptocurrency payments of about $100 into $80,000 in monthly income.
The US government has seized more than $1bn worth of bitcoins connected to the shuttered darknet marketplace Silk Road and is suing for formal forfeiture of the funds.
Your safest, most flexible option for access and portability is to go for off-site storage (storage outside your country of residence) and offshore bank accounts. You want state-of-the-art security, 24-hour access, extreme discretion, and liquidity. Build for tomorrow while securing what you have...
Many gold owners believe that vaults, unlike banks, are somewhat resilient to an economic meltdown.
There are human failings here, but there are also the challenges of dealing with uncertainty. For starters, how do you deal with an invisible enemy, when there is no textbook solution, when you have ‘super spreaders’, ‘asymptomatic cases’ (people who are infected but don’t show symptoms), and...
Singapore is striving to be at the frontline of not only biotechnology but also the cybersecurity, automated intelligence, robotics, and compliance and regulatory arenas. We don't have a choice: we are a tiny nation with no natural resources. It's either thrive or die for us. It is our mission to...
It was the best of times, it was the worst of times. It was the age of security, it was a sense of security. It was the epoch of great convenience, it became the period of great reliance. It was the season of biometrics, it was the reason for privacy. We had everything before us, we had...
the Two external usb hard drives with back-up from € 6.9 million in donorformulieren with the movements and changes in the Donorregister in the period 1998-2010
But even when a bank is clearly at fault, customers rarely recover more than a small fraction of what they’ve lost — if they recover anything at all. The combination of lax regulations and customers not paying attention to the fine print of their box-leasing agreements allows many banks to deflect...
"We're getting calls every week about a room available for £2.5 million (S$4.4 million) a year," said Sean Hoey, managing director of IBV London, referring to an apartment-size space. The firm, which also has 550 safe-deposit boxes on site and room for about 450 more, is betting on London's...
Introduction to Week One of 2020: Australia is on Fire, Jakarta is Underwater, New Disease Emerges in China, US on Brink of War with Iran
Pengantar di Minggu Pertama 2020: Kebakaran Hutan di Australia, Jakarta Tergenang Banjir, Penyakit Baru Muncul di Tiongkok, AS Diambang Perang dengan Iran
Who does not want to grow old gracefully, pain-free, active and independent until the end of her days? Who does not want to die in the comfort of her home, surrounded by family and friends? Who does not want to cap living well with dying well?
An elderly couple were shocked to find S$25,000 in savings and jewellery missing from their safe on the same day their domestic helper abruptly left their home in Tampines Street 83.
The hot-pot billionaire and naturalised Singapore citizen has replaced Far East Organization’s Robert and Philip Ng at the top of the Forbes Singapore Rich List.
Nobody knows what the future holds. In any complex situation, you come up with a plan to manage the resources under your control. But what can you do about the things you don’t know?
Today, why do you need a gun when you have programming skills? There is a new kind of bank, and there is a new breed of outlaws around the block (no pun intended).
The Straits Times: Maid Who Stole $5,002 Found with Money Hidden Inside Her Body during Prison Check
"She later found a small bag containing the key to a safe and a piece of paper with the safe's numeric password written on it."
So what does it take to obtain a safety deposit box at a bank and how is one operated?
An MSP has cast doubt on the legality of key safe deposit boxes often installed on tenement doors in areas with a high proportion of short-term lets. Andy Wightman, housing spokesperson for the Scottish Greens, said it was “hard now not to notice” the number of key boxes appearing on the front of...
Death is devastating. The last thing one would want is to add more grief to their loved ones by making them agonise about how to manage their assets after death. That is why many write a will, to make this transition easier. So, you have hashed out how your assets will be divided with your...
A recent movie portrayed Asian dynastic families as being a bunch of haughty, filthy-rich groupies lost in their own world. This is just the tip of the iceberg.
How safe are your valuables — your jewellery, heirlooms, collectibles, art pieces, memorabilia, educational and achievement certificates, etc — at home?
30-plus years ago, a divorced mother died suddenly. Compounding the 13-year-old daughter’s grief at losing her mum at such a tender age was the matter of a Will, ‘securely’ locked away in an HSBC safe-deposit box, registered to a single renter, now deceased.
The Personal Identification Number or PIN has been a mainstay as a layer of security since the early 1960s as a means for banks to transfer sensitive information. Ranging from at first 4 and then later to 6 digits, this layer is fast becoming inadequate as a security measure. There are “security...
Sharing our personal data, with some company or other, is almost inevitable these days. Ever wondered just how your data is kept, used, and disclosed by the company? How well protected are you? Remember that Singapore’s Personal Data Protection Act (PDPA) was introduced only in...
You know about home insurance — taking out a policy to protect valuable personal belongings stored at home. But are you familiar with the fine print?
Here’s a summary of policies from five home insurers:
- By dollar value, valuables cannot exceed...
What practical options do you have to hold your wealth? And where would you keep them today?
These questions have gained heightened importance in these uncertain times: currencies have been debased; an increasingly-globalised world has allowed financial contagion to spread from country to...
Thai Lee's first family --the one she was born into, that is-- moved around a lot when she was little. She was born in Bangkok, Thailand. Her father, a prominent Korean economist, traveled the world promoting his country's postwar development plan. Lee, the second of three daughters and one son,...
Unlike traditional vaults, these lockers can be accessed any time of the day. Dubai-based MySafe is aiming to cash in on the growing demand for safe deposit lockers in the UAE as many well-known banks across the world and in the country have exited the business. by Naushad K. Cherrayil
“Customers were lulled into the false belief that precious metals had been purchased and were stored in (Bullion Direct’s) vault, when, in truth and fact, customer funds were used to pay for corporate expenses, investments in other entities, or applied by McAllister for his own and his family’s...
2017 spotlight on the billionaires in Singapore by Forbes.
“We’ve seen the market for self-storage grow by 10 to 15 percent annually in the last five years, presenting real opportunities for ambitious businesses,” said Scott Wilson, relationship director for HSBC in Scotland. “Securing the right commercial property is becoming more competitive, particularly...
Is "safe" safe enough today? Read about this. Do you read the terms and agreement that comes with your atm or credit cards? In 2015, Vault@268 implements a mulit-phase security system moving forward with the demands of our discerning clients. Each phase compensating for the vulnerabilities of...
Individuals who appreciate offsite storage of their valuables such as UOB safe deposit boxes, OCBC bank safety lockers or DBS safe deposit boxes. Their disposition is often one of responsible stewardship
Should EDB’s forecast materialise, this year will be the fourth consecutive year of decline in FAI into Singapore, with the investment totals for 2014, 2013 and 2012 at S$11.8 billion, S$12.1 billion and S$16 billion, respectively.
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