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'Glasgow's most Instagrammable bar' unveils sophisticated new look

'Glasgow's most Instagrammable bar' unveils sophisticated new look

Yahoo11-03-2025
A bar that was once hailed as Glasgow's most Instagrammable has undergone a full-scale refurbishment.
Derby Lane, situated along Argyle Street in Finnieston, has unveiled a sophisticated new look, complete with a basement speakeasy.
The makeover also includes an updated cocktail and wine menu, and a revamped all-day dining experience.
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With more space and seating, the redesign provides a New York cocktail lounge vibe, creating a sleek yet intimate setting.
(Image: Supplied) The popular day-time spot remains a favourite for brunches and laid-back dining, but transforms at night into a lively venue with live music, DJ sets, and a bustling cocktail scene.
Derby Lane's new cocktail menu combines the creativity it has become known for, with timeless classics.
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The all-day dining menu has also been upgraded to include a Salt and Chilli Chicken French Toast along with favourites such as Steak Frites and Blackened Salmon.
The bar also continues to serve its popular Frickles and expertly crafted martinis.
(Image: Supplied) The refurbishment has also brought with it the launch of a new sports bar called Bar Brooklyn.
Bar Brooklyn is described as a 1970s-inspired sports bar.
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It features multiple screens for live sports, a bold cocktail menu, and comfort-driven food options.
The sports bar takes a speakeasy approach to its drinks list, blending classic cocktails with unexpected twists.
(Image: Supplied) The Pizza Martini stands out, a bold reinvention of a Bloody Mary, featuring oregano-infused vodka, tomato, parmesan-infused vermouth, and basil oil.
Derby Lane's ethos of elevated casual dining with indulgent classics is carried over to Bar Brooklyn's menu.
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It includes stacked burgers, crispy chicken strips, and Steak Frites, all served in a laid-back atmosphere.
The venue's operations manager, Camilla Bjørkestad, said: "Derby Lane has built a reputation as one of Glasgow's go-to destinations for creative cocktails and all-day dining.
"With Bar Brooklyn, we wanted to create something completely different—a space with a grittier, more laid-back energy that speaks to a male-skewed audience while still delivering the quality and creativity we're known for.
"We're confident that live sports, great food, and killer cocktails will bring something fresh to Finnieston."
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NEL MRT line service fully resumes after 3-hour power disruption; HDB BTO income ceiling for couples, age floor for singles being reviewed: Singapore live news
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Train services on the North East MRT line resumed on the afternoon of 12 Aug after a three-hour disruption caused by a major power fault. The disruption began in the late morning and affected a significant portion of the line, inconveniencing many commuters during midday travel. In a Facebook update posted at 2.15pm, train operator SBS Transit confirmed that services had restarted but cautioned that trains were still "progressively returning to schedule". To assist affected passengers, free regular and bridging bus services remained available at designated bus stops. The Government is reviewing the income ceiling for couples, and the minimum age requirement of 35 for singles, applying for Build-To-Order (BTO) flats, but any changes will depend on the upcoming supply and demand of public housing, said National Development Minister Chee Hong Tat. "I want to assure Singaporeans that we are reviewing both income criteria and also the age requirement for singles, and at an appropriate time, we do intend to make some moves," he said. "But I want to make sure that when we make those moves, we will not end up with a situation where there is insufficient supply." Read more in our live blog below, including the latest local and international news and updates. NEL MRT line service fully resumes after 3-hour power disruption Train services on the North East MRT line resumed on the afternoon of 12 Aug after a three-hour disruption caused by a major power fault. The disruption began in the late morning and affected a significant portion of the line, inconveniencing many commuters during midday travel. In a Facebook update posted at 2.15pm, train operator SBS Transit confirmed that services had restarted but cautioned that trains were still "progressively returning to schedule". To assist affected passengers, free regular and bridging bus services remained available at designated bus stops. The power fault also impacted LRT services on the Sengkang-Punggol line. SBS Transit announced on its X (formerly Twitter) account at 2.19pm that LRT services were still unavailable and did not indicate when they would resume. The North East Line disruption was first announced on X by SBS Transit at 11.17am, with the fault affecting an 11-station stretch between Farrer Park and Punggol Coast. The cause of the power fault has not yet been publicly disclosed. For more on the NEL line disruption, read here. Taylor Swift announces TS12 – The Life of a Showgirl Global popstar Taylor Swift may have been on a hiatus after her record-breaking concert tour, The Eras Tour, but, it seemed like she was still busy recording new material. Swift dropped a new album announcement on 12 Aug, 12.12pm (local time) on her website. The 12th album is titled The Life of a Showgirl and the corresponding colour scheme for the album is orange – something which was teased by Taylor Nation, the official account for all thing Swift. On the night of 11 Aug (local time), the account shared a post of 12 slides featuring Swift in exclusively all-orange outfits from the Eras Tour. The post was captioned, "Thinking about when she said 'See you next era…'" View this post on Instagram A post shared by Taylor Nation (@taylornation) Swift's boyfriend, Travis Kelce, also added fuel to the excitement by announcing a special guest on his podcast New Heights, which he hosts with his brother Jason. The photo accompanying the announcement shows a Swift-like silhouette with a sparkly orange background. Jason also appears to be wearing Swift merch that is obscured by text. Leading up to the announcement, Swift's official website had a countdown timer with the same sparkly orange background that can be seen in Kelce's photo. The brothers have since revealed it is Swift and she'll be showing off the album artwork for The Life of a Showgirl. View this post on Instagram A post shared by New Heights (@newheightshow) Goh Cheng Liang, Singapore's second-richest man, dies at 98 Goh Cheng Liang, the self-made billionaire who rose from poverty to build a paint empire and become Singapore's second-richest man, has died at the age of 98. His death was announced in a statement by his company, Wuthelam Group, on Tuesday (12 Aug). "The visionary founder of Wuthelam Group and a respected philanthropist passed away peacefully this morning with family members by his side," the statement read. Goh was widely admired for his business acumen and charitable contributions throughout his life. He founded Nippon Paint South East Asia, also known as Nipsea, which grew to become the largest paint manufacturer in the Asia Pacific region. Goh held his stake in the business through his Singapore-based investment firm, Wuthelam Holdings. Goh is survived by his three children – Hup Jin, Chuen Jin, and Chiat Jin – as well as eight grandchildren and one great-grandchild, according to the company's statement. Chinese ships collide while chasing Philippine boats in South China Sea A Chinese warship collided with one of its own coast guard vessels earlier this week while pursuing Philippine boats in the disputed South China Sea, highlighting escalating tensions in the strategically critical region. Dramatic video footage released by the Philippine Coast Guard captured the moment of the collision, showing one of the Chinese vessels with a missing section of its bow. Commodore Jay Tarriela of the Philippine Coast Guard said the incident occurred on Monday (11 Aug) near Scarborough Shoal, about 140 miles (225km) west of Luzon, while Philippine personnel were distributing aid to local fishermen. According to Tarriela, a China Coast Guard vessel had been chasing the BRP Suluan at "high speed" when the crash happened. The Chinese ship then executed a "risky manoeuvre" that led to 'substantial damage' to the coast guard ship's forecastle, rendering the vessel "unseaworthy". For more on the Chinese ship collision in the South China Sea, read here. 1 dies after PIE accident on 11 Aug A person was pronounced dead by Singapore Civil Defence Force (SCDF) paramedics following a traffic accident on the Pan-Island Expressway (PIE) on the evening of 11 Aug. SCDF said it was alerted to the incident at around 5.45pm, which occurred on the PIE towards Tuas, just before the exit to Tuas Checkpoint. A TikTok video posted on the same day showed both lanes of the slip road at exit 41 blocked off, with several police and SCDF vehicles onsite. A blue tent was visible in front of a trailer truck. The Straits Times reported that police data showed 2024 recorded the highest number of traffic-related fatalities and injuries in the past five years, with 139 fatal accidents reported. For more on the tragic PIE accident, read here. Ong Ye Kung rubbishes KF Seetoh's claims about Bukit Canberra Hawker Centre Health Minister Ong Ye Kung has clarified that stallholders at Bukit Canberra Hawker Centre are not being charged for storing supplies in baskets, nor are they penalised for not providing free meals. His remarks, shared in a Facebook post on 11 Aug, came in response to concerns raised by veteran food critic K.F. Seetoh regarding the treatment of hawkers at the hawker centre. In an earlier post on 4 Aug, Seetoh claimed that hawkers were being charged $70 per month to use blue supply baskets located behind each stall. In another post on 8 Aug, he also claimed that stallholders were contractually required to provide 60 free meals at their own cost, and had to offer budget meals priced at $3.50 for all customers, not just those with financial needs. Ong, who oversees the ward and also leads the Sembawang GRC MPs, said he looked into the matter after seeing Seetoh's posts. He said the claim about hawkers needing to provide 60 free meals "does not present the full picture". "When Bukit Canberra Hawker Centre first opened, the stallholders initially agreed to provide 30 meals a month for low-income residents. This was subsequently adjusted to 100 meals over the three-year duration of their lease. There are no penalties if they do not or are unable to provide the meals," wrote Ong, who added that the initiative had yet to commence. Said Ong, "I appreciate KF Seetoh's concern for our hawkers and share his passion for keeping our hawker culture alive and thriving. However, let's do so without putting down anyone, whether they are patrons, hawkers, the hawker centre operator, or government agencies." Seetoh has since responded in a Facebook post on 11 Aug and claimed he has seen the charge for the use of the supply basket in a receipt from the hawker. He wrote, "As for the blue basket cost, it was shown and told to me by a hawker there. The person has no reason to make this up. I have seen the invoice n receipt of payment for it. It's called a Backyard Cluster. I'll show it to you if need be." He also suggested grabbing coffee with Ong to "get a fuller picture". For more on the Bukit Canberra Hawker Centre dispute, read here. Cristiano Ronaldo, Georgina Rodriguez engaged after 8 years Football legend Cristiano Ronaldo and partner Georgina Rodriguez announced their engagement on Tuesday (12 Aug) with a flashy and eye-grabbing announcement. Rodriguez posted a photo of an engagement ring with a giant oval diamond with what appears to be Ronaldo's hand in the background. The post was accompanied by a simple caption which read, according to the translation, "Yes I do. In this and in all my lives." View this post on Instagram A post shared by Georgina Rodríguez (@georginagio) The couple publicly confirmed their relationship in 2017 after appearing together at the Best FIFA Football Awards in Zurich, Switzerland, and later shared photos of each other on social media that same year. In June 2017, they welcomed twins Eva Maria and Mateo, now 8, via surrogate. In November, their daughter Alana, now 7, was born. In April 2022, the couple announced the heartbreaking loss of their twin son, Angel, while welcoming their daughter Bella, now 3, who was born healthy. Telco price war unlikely after Keppel sells M1 to Simba, say analysts Simba Telecom's acquisition of M1 is unlikely to result in a price war, say analysts. Carmen Lee, head of OCBC Investment Research, told The Straits Times (ST) that current mobile plans are already priced competitively. For instance, Simba's SuperRoam10 plan offers 400GB of data for Singapore, Malaysia, Indonesia and Hong Kong at $10 per month. Meanwhile, M1's Maxx plan comes with 290GB of data for use in Singapore and Malaysia for $7.90 a month. "In a typical merger, the initial period will entail a relook into understanding the combined entity and the potential synergies. We believe pricing strategy will not be an immediate consideration," said Lee. Rival telcos are also unlikely to undercut their prices to attract M1 customers, despite the ease with which consumers can switch providers. Instead, they may use alternative strategies such as bundling mobile and broadband services at promotional rates or leveraging loyalty programmes to win over subscribers, Professor Lawrence Loh from NUS Business School told ST. For more on the effects on the industry from Simba's M1 acquisition, read here. HDB BTO income ceiling for couples, age floor for singles being reviewed The Government is reviewing the income ceiling for couples, and the minimum age requirement of 35 for singles, applying for Build-To-Order (BTO) flats, but any changes will depend on the upcoming supply and demand of public housing, said National Development Minister Chee Hong Tat. Speaking to local media on August 5, Chee outlined some of his ministry's key priorities, emphasising the need to maintain a strong supply of flats before adjusting existing eligibility criteria. "I want to assure Singaporeans that we are reviewing both income criteria and also the age requirement for singles, and at an appropriate time, we do intend to make some moves," he said. "But I want to make sure that when we make those moves, we will not end up with a situation where there is insufficient supply." To that end, 55,000 BTO flats will be launched between 2025 and 2027, which is 10 per cent more than the previously committed 50,000 flats. From 2021 to 2024, 82,710 flats were launched, averaging over 20,600 units annually. In 2025, approximately 19,600 are slated to be launched, with 10,579 flats already launched so far. The current eligibility conditions exclude couples who earn above $14,000 per month and singles under the age of 35 from applying for BTO flats. Chee said any decisions on adjustments are closely tied to the Government's ability to ensure sufficient flat supply in the coming years. Noting that "demand will go up" once the eligibility criteria has been changed, Chee said, "I think it is important for us to create the right conditions to be able to make these policy moves at an appropriate time." For more on Chee Hong Tat's remarks, read here. Train services on the North East MRT line resumed on the afternoon of 12 Aug after a three-hour disruption caused by a major power fault. The disruption began in the late morning and affected a significant portion of the line, inconveniencing many commuters during midday travel. In a Facebook update posted at 2.15pm, train operator SBS Transit confirmed that services had restarted but cautioned that trains were still "progressively returning to schedule". To assist affected passengers, free regular and bridging bus services remained available at designated bus stops. The power fault also impacted LRT services on the Sengkang-Punggol line. SBS Transit announced on its X (formerly Twitter) account at 2.19pm that LRT services were still unavailable and did not indicate when they would resume. The North East Line disruption was first announced on X by SBS Transit at 11.17am, with the fault affecting an 11-station stretch between Farrer Park and Punggol Coast. The cause of the power fault has not yet been publicly disclosed. For more on the NEL line disruption, read here. Global popstar Taylor Swift may have been on a hiatus after her record-breaking concert tour, The Eras Tour, but, it seemed like she was still busy recording new material. Swift dropped a new album announcement on 12 Aug, 12.12pm (local time) on her website. The 12th album is titled The Life of a Showgirl and the corresponding colour scheme for the album is orange – something which was teased by Taylor Nation, the official account for all thing Swift. On the night of 11 Aug (local time), the account shared a post of 12 slides featuring Swift in exclusively all-orange outfits from the Eras Tour. The post was captioned, "Thinking about when she said 'See you next era…'" View this post on Instagram A post shared by Taylor Nation (@taylornation) Swift's boyfriend, Travis Kelce, also added fuel to the excitement by announcing a special guest on his podcast New Heights, which he hosts with his brother Jason. The photo accompanying the announcement shows a Swift-like silhouette with a sparkly orange background. Jason also appears to be wearing Swift merch that is obscured by text. Leading up to the announcement, Swift's official website had a countdown timer with the same sparkly orange background that can be seen in Kelce's photo. The brothers have since revealed it is Swift and she'll be showing off the album artwork for The Life of a Showgirl. View this post on Instagram A post shared by New Heights (@newheightshow) Goh Cheng Liang, Singapore's second-richest man, dies at 98 Goh Cheng Liang, the self-made billionaire who rose from poverty to build a paint empire and become Singapore's second-richest man, has died at the age of 98. His death was announced in a statement by his company, Wuthelam Group, on Tuesday (12 Aug). "The visionary founder of Wuthelam Group and a respected philanthropist passed away peacefully this morning with family members by his side," the statement read. Goh was widely admired for his business acumen and charitable contributions throughout his life. He founded Nippon Paint South East Asia, also known as Nipsea, which grew to become the largest paint manufacturer in the Asia Pacific region. Goh held his stake in the business through his Singapore-based investment firm, Wuthelam Holdings. Goh is survived by his three children – Hup Jin, Chuen Jin, and Chiat Jin – as well as eight grandchildren and one great-grandchild, according to the company's statement. Goh Cheng Liang, the self-made billionaire who rose from poverty to build a paint empire and become Singapore's second-richest man, has died at the age of 98. His death was announced in a statement by his company, Wuthelam Group, on Tuesday (12 Aug). "The visionary founder of Wuthelam Group and a respected philanthropist passed away peacefully this morning with family members by his side," the statement read. Goh was widely admired for his business acumen and charitable contributions throughout his life. He founded Nippon Paint South East Asia, also known as Nipsea, which grew to become the largest paint manufacturer in the Asia Pacific region. Goh held his stake in the business through his Singapore-based investment firm, Wuthelam Holdings. Goh is survived by his three children – Hup Jin, Chuen Jin, and Chiat Jin – as well as eight grandchildren and one great-grandchild, according to the company's statement. Chinese ships collide while chasing Philippine boats in South China Sea A Chinese warship collided with one of its own coast guard vessels earlier this week while pursuing Philippine boats in the disputed South China Sea, highlighting escalating tensions in the strategically critical region. Dramatic video footage released by the Philippine Coast Guard captured the moment of the collision, showing one of the Chinese vessels with a missing section of its bow. Commodore Jay Tarriela of the Philippine Coast Guard said the incident occurred on Monday (11 Aug) near Scarborough Shoal, about 140 miles (225km) west of Luzon, while Philippine personnel were distributing aid to local fishermen. According to Tarriela, a China Coast Guard vessel had been chasing the BRP Suluan at "high speed" when the crash happened. The Chinese ship then executed a "risky manoeuvre" that led to 'substantial damage' to the coast guard ship's forecastle, rendering the vessel "unseaworthy". For more on the Chinese ship collision in the South China Sea, read here. A Chinese warship collided with one of its own coast guard vessels earlier this week while pursuing Philippine boats in the disputed South China Sea, highlighting escalating tensions in the strategically critical region. Dramatic video footage released by the Philippine Coast Guard captured the moment of the collision, showing one of the Chinese vessels with a missing section of its bow. Commodore Jay Tarriela of the Philippine Coast Guard said the incident occurred on Monday (11 Aug) near Scarborough Shoal, about 140 miles (225km) west of Luzon, while Philippine personnel were distributing aid to local fishermen. According to Tarriela, a China Coast Guard vessel had been chasing the BRP Suluan at "high speed" when the crash happened. The Chinese ship then executed a "risky manoeuvre" that led to 'substantial damage' to the coast guard ship's forecastle, rendering the vessel "unseaworthy". For more on the Chinese ship collision in the South China Sea, read here. 1 dies after PIE accident on 11 Aug A person was pronounced dead by Singapore Civil Defence Force (SCDF) paramedics following a traffic accident on the Pan-Island Expressway (PIE) on the evening of 11 Aug. SCDF said it was alerted to the incident at around 5.45pm, which occurred on the PIE towards Tuas, just before the exit to Tuas Checkpoint. A TikTok video posted on the same day showed both lanes of the slip road at exit 41 blocked off, with several police and SCDF vehicles onsite. A blue tent was visible in front of a trailer truck. The Straits Times reported that police data showed 2024 recorded the highest number of traffic-related fatalities and injuries in the past five years, with 139 fatal accidents reported. For more on the tragic PIE accident, read here. A person was pronounced dead by Singapore Civil Defence Force (SCDF) paramedics following a traffic accident on the Pan-Island Expressway (PIE) on the evening of 11 Aug. SCDF said it was alerted to the incident at around 5.45pm, which occurred on the PIE towards Tuas, just before the exit to Tuas Checkpoint. A TikTok video posted on the same day showed both lanes of the slip road at exit 41 blocked off, with several police and SCDF vehicles onsite. A blue tent was visible in front of a trailer truck. The Straits Times reported that police data showed 2024 recorded the highest number of traffic-related fatalities and injuries in the past five years, with 139 fatal accidents reported. For more on the tragic PIE accident, read here. Ong Ye Kung rubbishes KF Seetoh's claims about Bukit Canberra Hawker Centre Health Minister Ong Ye Kung has clarified that stallholders at Bukit Canberra Hawker Centre are not being charged for storing supplies in baskets, nor are they penalised for not providing free meals. His remarks, shared in a Facebook post on 11 Aug, came in response to concerns raised by veteran food critic K.F. Seetoh regarding the treatment of hawkers at the hawker centre. In an earlier post on 4 Aug, Seetoh claimed that hawkers were being charged $70 per month to use blue supply baskets located behind each stall. In another post on 8 Aug, he also claimed that stallholders were contractually required to provide 60 free meals at their own cost, and had to offer budget meals priced at $3.50 for all customers, not just those with financial needs. Ong, who oversees the ward and also leads the Sembawang GRC MPs, said he looked into the matter after seeing Seetoh's posts. He said the claim about hawkers needing to provide 60 free meals "does not present the full picture". "When Bukit Canberra Hawker Centre first opened, the stallholders initially agreed to provide 30 meals a month for low-income residents. This was subsequently adjusted to 100 meals over the three-year duration of their lease. There are no penalties if they do not or are unable to provide the meals," wrote Ong, who added that the initiative had yet to commence. Said Ong, "I appreciate KF Seetoh's concern for our hawkers and share his passion for keeping our hawker culture alive and thriving. However, let's do so without putting down anyone, whether they are patrons, hawkers, the hawker centre operator, or government agencies." Seetoh has since responded in a Facebook post on 11 Aug and claimed he has seen the charge for the use of the supply basket in a receipt from the hawker. He wrote, "As for the blue basket cost, it was shown and told to me by a hawker there. The person has no reason to make this up. I have seen the invoice n receipt of payment for it. It's called a Backyard Cluster. I'll show it to you if need be." He also suggested grabbing coffee with Ong to "get a fuller picture". For more on the Bukit Canberra Hawker Centre dispute, read here. Health Minister Ong Ye Kung has clarified that stallholders at Bukit Canberra Hawker Centre are not being charged for storing supplies in baskets, nor are they penalised for not providing free meals. His remarks, shared in a Facebook post on 11 Aug, came in response to concerns raised by veteran food critic K.F. Seetoh regarding the treatment of hawkers at the hawker centre. In an earlier post on 4 Aug, Seetoh claimed that hawkers were being charged $70 per month to use blue supply baskets located behind each stall. In another post on 8 Aug, he also claimed that stallholders were contractually required to provide 60 free meals at their own cost, and had to offer budget meals priced at $3.50 for all customers, not just those with financial needs. Ong, who oversees the ward and also leads the Sembawang GRC MPs, said he looked into the matter after seeing Seetoh's posts. He said the claim about hawkers needing to provide 60 free meals "does not present the full picture". "When Bukit Canberra Hawker Centre first opened, the stallholders initially agreed to provide 30 meals a month for low-income residents. This was subsequently adjusted to 100 meals over the three-year duration of their lease. There are no penalties if they do not or are unable to provide the meals," wrote Ong, who added that the initiative had yet to commence. Said Ong, "I appreciate KF Seetoh's concern for our hawkers and share his passion for keeping our hawker culture alive and thriving. However, let's do so without putting down anyone, whether they are patrons, hawkers, the hawker centre operator, or government agencies." Seetoh has since responded in a Facebook post on 11 Aug and claimed he has seen the charge for the use of the supply basket in a receipt from the hawker. He wrote, "As for the blue basket cost, it was shown and told to me by a hawker there. The person has no reason to make this up. I have seen the invoice n receipt of payment for it. It's called a Backyard Cluster. I'll show it to you if need be." He also suggested grabbing coffee with Ong to "get a fuller picture". For more on the Bukit Canberra Hawker Centre dispute, read here. Cristiano Ronaldo, Georgina Rodriguez engaged after 8 years Football legend Cristiano Ronaldo and partner Georgina Rodriguez announced their engagement on Tuesday (12 Aug) with a flashy and eye-grabbing announcement. Rodriguez posted a photo of an engagement ring with a giant oval diamond with what appears to be Ronaldo's hand in the background. The post was accompanied by a simple caption which read, according to the translation, "Yes I do. In this and in all my lives." View this post on Instagram A post shared by Georgina Rodríguez (@georginagio) The couple publicly confirmed their relationship in 2017 after appearing together at the Best FIFA Football Awards in Zurich, Switzerland, and later shared photos of each other on social media that same year. In June 2017, they welcomed twins Eva Maria and Mateo, now 8, via surrogate. In November, their daughter Alana, now 7, was born. In April 2022, the couple announced the heartbreaking loss of their twin son, Angel, while welcoming their daughter Bella, now 3, who was born healthy. Football legend Cristiano Ronaldo and partner Georgina Rodriguez announced their engagement on Tuesday (12 Aug) with a flashy and eye-grabbing announcement. Rodriguez posted a photo of an engagement ring with a giant oval diamond with what appears to be Ronaldo's hand in the background. The post was accompanied by a simple caption which read, according to the translation, "Yes I do. In this and in all my lives." View this post on Instagram A post shared by Georgina Rodríguez (@georginagio) The couple publicly confirmed their relationship in 2017 after appearing together at the Best FIFA Football Awards in Zurich, Switzerland, and later shared photos of each other on social media that same year. In June 2017, they welcomed twins Eva Maria and Mateo, now 8, via surrogate. In November, their daughter Alana, now 7, was born. In April 2022, the couple announced the heartbreaking loss of their twin son, Angel, while welcoming their daughter Bella, now 3, who was born healthy. Telco price war unlikely after Keppel sells M1 to Simba, say analysts Simba Telecom's acquisition of M1 is unlikely to result in a price war, say analysts. Carmen Lee, head of OCBC Investment Research, told The Straits Times (ST) that current mobile plans are already priced competitively. For instance, Simba's SuperRoam10 plan offers 400GB of data for Singapore, Malaysia, Indonesia and Hong Kong at $10 per month. Meanwhile, M1's Maxx plan comes with 290GB of data for use in Singapore and Malaysia for $7.90 a month. "In a typical merger, the initial period will entail a relook into understanding the combined entity and the potential synergies. We believe pricing strategy will not be an immediate consideration," said Lee. Rival telcos are also unlikely to undercut their prices to attract M1 customers, despite the ease with which consumers can switch providers. Instead, they may use alternative strategies such as bundling mobile and broadband services at promotional rates or leveraging loyalty programmes to win over subscribers, Professor Lawrence Loh from NUS Business School told ST. For more on the effects on the industry from Simba's M1 acquisition, read here. Simba Telecom's acquisition of M1 is unlikely to result in a price war, say analysts. Carmen Lee, head of OCBC Investment Research, told The Straits Times (ST) that current mobile plans are already priced competitively. For instance, Simba's SuperRoam10 plan offers 400GB of data for Singapore, Malaysia, Indonesia and Hong Kong at $10 per month. Meanwhile, M1's Maxx plan comes with 290GB of data for use in Singapore and Malaysia for $7.90 a month. "In a typical merger, the initial period will entail a relook into understanding the combined entity and the potential synergies. We believe pricing strategy will not be an immediate consideration," said Lee. Rival telcos are also unlikely to undercut their prices to attract M1 customers, despite the ease with which consumers can switch providers. Instead, they may use alternative strategies such as bundling mobile and broadband services at promotional rates or leveraging loyalty programmes to win over subscribers, Professor Lawrence Loh from NUS Business School told ST. For more on the effects on the industry from Simba's M1 acquisition, read here. HDB BTO income ceiling for couples, age floor for singles being reviewed The Government is reviewing the income ceiling for couples, and the minimum age requirement of 35 for singles, applying for Build-To-Order (BTO) flats, but any changes will depend on the upcoming supply and demand of public housing, said National Development Minister Chee Hong Tat. Speaking to local media on August 5, Chee outlined some of his ministry's key priorities, emphasising the need to maintain a strong supply of flats before adjusting existing eligibility criteria. "I want to assure Singaporeans that we are reviewing both income criteria and also the age requirement for singles, and at an appropriate time, we do intend to make some moves," he said. "But I want to make sure that when we make those moves, we will not end up with a situation where there is insufficient supply." To that end, 55,000 BTO flats will be launched between 2025 and 2027, which is 10 per cent more than the previously committed 50,000 flats. From 2021 to 2024, 82,710 flats were launched, averaging over 20,600 units annually. In 2025, approximately 19,600 are slated to be launched, with 10,579 flats already launched so far. The current eligibility conditions exclude couples who earn above $14,000 per month and singles under the age of 35 from applying for BTO flats. Chee said any decisions on adjustments are closely tied to the Government's ability to ensure sufficient flat supply in the coming years. Noting that "demand will go up" once the eligibility criteria has been changed, Chee said, "I think it is important for us to create the right conditions to be able to make these policy moves at an appropriate time." For more on Chee Hong Tat's remarks, read here. The Government is reviewing the income ceiling for couples, and the minimum age requirement of 35 for singles, applying for Build-To-Order (BTO) flats, but any changes will depend on the upcoming supply and demand of public housing, said National Development Minister Chee Hong Tat. Speaking to local media on August 5, Chee outlined some of his ministry's key priorities, emphasising the need to maintain a strong supply of flats before adjusting existing eligibility criteria. "I want to assure Singaporeans that we are reviewing both income criteria and also the age requirement for singles, and at an appropriate time, we do intend to make some moves," he said. "But I want to make sure that when we make those moves, we will not end up with a situation where there is insufficient supply." To that end, 55,000 BTO flats will be launched between 2025 and 2027, which is 10 per cent more than the previously committed 50,000 flats. From 2021 to 2024, 82,710 flats were launched, averaging over 20,600 units annually. In 2025, approximately 19,600 are slated to be launched, with 10,579 flats already launched so far. The current eligibility conditions exclude couples who earn above $14,000 per month and singles under the age of 35 from applying for BTO flats. Chee said any decisions on adjustments are closely tied to the Government's ability to ensure sufficient flat supply in the coming years. Noting that "demand will go up" once the eligibility criteria has been changed, Chee said, "I think it is important for us to create the right conditions to be able to make these policy moves at an appropriate time." For more on Chee Hong Tat's remarks, read here.

Warren Buffett Just Issued a $344 Billion Ominous Warning to Wall Street -- but Are Investors Paying Attention?
Warren Buffett Just Issued a $344 Billion Ominous Warning to Wall Street -- but Are Investors Paying Attention?

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Warren Buffett Just Issued a $344 Billion Ominous Warning to Wall Street -- but Are Investors Paying Attention?

Key Points The Oracle of Omaha has crushed the benchmark S&P 500 over the last 60 years, which is why so many investors follow his every move. Buffett's investing prowess is his gift, which makes Berkshire Hathaway's rising cash balance all the more ominous. Patience tends to be one of Buffett's most-powerful investing tools. 10 stocks we like better than Berkshire Hathaway › Wall Street is chock-full of recognizable analysts and fund managers. However, none has the ability to garner the attention of professional and everyday investors quite like the Oracle of Omaha, Warren Buffett. Since grabbing the reins as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) 60 years ago, Buffett has overseen a 5,637,640% cumulative return in his company's Class A shares (BRK.A), as of the closing bell on Aug. 8. When you handily outperform the benchmark S&P 500 (SNPINDEX: ^GSPC) -- the S&P 500 has gained approximately 42,500%, including dividends, over six decades -- you're bound to be noticed. But as an investor, you have to learn to take the bad with the good. While investors frequently look to Berkshire's billionaire boss for ideas as to which stocks to buy, a seemingly unstoppable stock market rally has them overlooking a $344 billion ominous warning Buffett just issued. The Oracle of Omaha's warning to Wall Street is unmistakable Berkshire Hathaway's more than 5,600,000% gain spanning six decades didn't occur by accident. It's a reflection of Buffett and his team, which included trusted right-hand man Charlie Munger until his passing in November 2023, laying the foundation for a business that can thrive in virtually any economic climate. Since taking the lead role, the Oracle of Omaha has overseen in the neighborhood of five dozen acquisitions. He's also responsible for managing a $293 billion portfolio, which is spread across more than three dozen stocks. It's this portfolio that investors eye like a hawk. Buffett has snagged some incredible deals hiding in plain sight during his tenure as CEO. Apple, Bank of America (NYSE: BAC), American Express, and Coca-Cola have individually generated tens of billions of dollars in unrealized gains, to go along with bountiful dividend income. There's an expectation from investors that Berkshire's billionaire chief will continue to put his company's treasure chest to work in great businesses. However, this expectation has fallen flat for nearly three years -- and it serves as an unmistakable warning to the investing community. When Berkshire Hathaway lifted the hood on its quarterly operating results on Aug. 2, the company's cautious tone on tariffs took center stage. But there's another figure in Berkshire's report that's far more ominous and telling: $344.1 billion. This is the total cash, cash equivalents, and U.S. Treasuries Berkshire Hathaway had on its balance sheet when June ended. Though this figure is actually 1% below the all-time high of $347.7 billion in cash, cash equivalents, and U.S. Treasuries reported at the end of March, it's more than triple the $105.4 billion that was on the balance sheet when June 2022 came to a close. While positive operating cash flow from Berkshire's roughly five dozen owned businesses has provided a boost to the company's mammoth cash pile, being a net seller of stocks for 11 consecutive quarters, to the tune of $177.4 billion, is the primary culprit. Berkshire Hathaway's growing cash pile is plain-as-day evidence that Buffett is struggling to find value amid a historically pricey stock market. Buffett's favorite valuation measure, the market-cap-to-GDP ratio (commonly known as the "Buffett Indicator"), hit an all-time of more than 210% in late July, which represents a nearly 150% premium to its average reading when back-tested to 1970. Berkshire's $344 billion treasure chest is a not-so-subtle warning from Buffett that premium stock valuations probably aren't sustainable. Patience is one of the most-powerful tools on Wall Street There's certainly justification to the premise that stocks are incredibly pricey, beyond just the Buffett Indicator. The S&P 500's Shiller price-to-earnings (P/E) ratio, which is also known as the cyclically adjusted P/E Ratio, or CAPE Ratio, hit its third-priciest multiple during a continuous bull market when back-tested 154 years! It's truly become challenging to find price dislocations on Wall Street. Though some investors are probably irritated by the Oracle of Omaha's lack of buying activity since October 2022, being patient and waiting for stock valuations to fall into his wheelhouse is a foundational aspect of Buffett's investing strategy. Spanning 60 years, Buffett has seen a lot. He's navigated his fair share of bubbles and premium valuation events, as well as numerous bear markets and a handful of stock market crashes. Throughout these ebbs-and-flows, he's stuck to his thesis of never betting against America and has focused his attention on buying stakes in great businesses at a fair price. At the end of the day, Buffett and his investment team are well aware that the U.S. economy and stock market tend to grow over time, which is why Berkshire Hathaway's investment portfolio is angled to take advantage of these disproportionately long periods of economic growth. One of the best examples of Buffett's patience paying off handsomely for his company occurred in the summer of 2011. Shortly after the depths of the financial crisis, Berkshire's chief infused $5 billion into Bank of America in return for BofA preferred stock that yielded 6% annually. Though $300 million in annual dividend income was great, the real value in this deal was the BofA stock warrants Berkshire received. During the summer of 2017, Berkshire exercised its warrants for 700 million shares of Bank of America common stock at $7.14/share. The day these warrants were exercised, Berkshire enjoyed a $12 billion windfall -- and shares of BofA have continued to climb since these shares were purchased. Though there's uncertainty as to when Buffett or CEO successor Greg Abel will put a good chunk of Berkshire Hathaway's capital to work, there's no mistaking that this patient approach has been fruitful for the company and its shareholders. Should you invest $1,000 in Berkshire Hathaway right now? Before you buy stock in Berkshire Hathaway, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Berkshire Hathaway wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025 American Express is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. Sean Williams has positions in Bank of America. The Motley Fool has positions in and recommends Apple and Berkshire Hathaway. The Motley Fool has a disclosure policy. Warren Buffett Just Issued a $344 Billion Ominous Warning to Wall Street -- but Are Investors Paying Attention? was originally published by The Motley Fool

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