Your Way Home with Hongbin Jeong

The Monetary Authority of Singapore said OCBC Bank will be conducting a thorough probe to identify the deficiencies in its processes and implement the necessary measures to address them in the wake of a spate of SMS phishing scams.

This comes after nearly 470 customers lost at least $8.5 million to fraudulent fund transfers in December 2021. 

In The Straits Times' The Big Story, technology, media and telecoms lawyer Bryan Tan tells video editor Olivia Quay whether it is possible for the affected customers to get their money back. Mr Tan is also the cyber response lead for law firm Pinsent Masons Singapore.

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In November 2021, Tokens.com a publicly traded company that invests in revenue-generating crypto assets linked to Decentralized Finance , Non-Fungible Tokens and metaverse real estate announced made the largest recorded land acquisition in Decentraland.

Andrew Kiguel, CEO, Tokens.com shares with Prime Time's Rachel Kelly the key property trends he's watching out for when it comes to metaverse property in 2022. 

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Data out from China showed that the economy grew 4% in Q4 of 2021 from a year ago - higher than the 3.3% expected, but still slower than the previous three months. In response to this slowdown China’s central bank cut two policy interest rates for the first time since April 2020. Tommy Wu, Lead Economist at Oxford Economics shares his analysis, and outlook expectations for China in 2022. 

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This week marks the one year anniversary since US President Joe Biden took office, there’s an interesting court case in Germany, and France is gearing up for a Presidential election later this year.

In The Spotlight, Prime Time's Rachel Kelly and Melissa Hyak get the details on this and more of the headlines to watch in the week ahead from Robert Hugh-Jones, Editor, BBC.

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An online survey of 1,000 people commissioned by The Straits Times and conducted by market research firm Milieu Insight found that 28% of respondents are of the view that life will never return to exactly the way it was before the pandemic.

In The Straits Times’ The Big Story, Video editor Olivia Quay and Assistant Professor Hannah Clapham from the National University of Singapore Saw Swee Hock School of Public Health weigh in on the survey findings.

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