Daily Briefing: Common scams to avoid; Blacklisted shipping firm denies arms link to N.Korea

And home prices fall at slower pace.

  • Earlier this year, the Singapore Police Force released startling statistics of e-commerce related crimes in Singapore – online scams increased by 225.3 percent in 2014 compared to the previous years. The huge increase to 1,659 cases compared to 510 in 2013 was attributed to the increase in number of internet users who shop online. Read more here
  • A Singapore shipping firm blacklisted by the US government for allegedly supporting illicit arms shipments into North Korea strongly denied the allegation Friday and vowed to clear its name. Find out more here
  • Private home prices in Singapore fell 0.9 percent in the second quarter of 2015 compared to the 1.0 percent drop in the quarter before, according to more complete statistics released by the Urban Redevelopment Authority (URA) on Friday. Read more here
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