Singapore Roundup: Rise in digital bank scams, Cambodia-linked arrests, autonomous vehicle testing

Fraud claims against digital banks surge

Scam and fraud claims against Singapore’s digital banks have more than doubled in 2025, with 94 cases reported in the first eight months, up from 42 in all of 2024. The Financial Industry Disputes Resolution Centre (Fidrec) said these cases, worth S$2.5 million, mainly involved compromised credentials and impersonation scams, Straits Times reports. Victims were often deceived by phishing or scammers posing as officials. Fidrec added that claims against digital banks rose from 2.1% of total cases in 2023 to 8.7% in 2025, signalling a worrying trend as online banking expands.

Two Singaporeans arrested in Cambodia-based scam ring

Two Singaporean men, Wayne Soh You Chen and Brian Sie Eng Fa, have been deported and arrested for their alleged roles in a Cambodia-based scam syndicate accused of running government official impersonation scams. The syndicate, believed to be led by fugitive Ng Wei Liang, allegedly defrauded victims in at least 438 cases, costing S$41 million. Straits Times reports both men were captured abroad after months on the run, while 32 other members, including 25 Singaporeans and 7 Malaysians, remain at large.  

Autonomous vehicle testing

The Land Transport Authority (LTA) has greenlit Grab and WeRide to conduct autonomous vehicle testing for their Ai.R fleet in Punggol. The trial will pave the way for Singapore’s first public autonomous shuttle service by early 2026. The service will link residents to key areas such as Punggol Coast MRT, bus interchanges, and shopping malls, Business Times reports. The AVs, trained to navigate local road conditions and weather, will gather real-world data to enhance their AI driving models. The programme will see test runs increase fourfold by year-end.  

Study links heavy social media use to mental distress

A national mental health study by the Institute of Mental Health (IMH) has found that young people who spend over three hours daily on social media are more likely to experience depression, anxiety, and stress. Based on interviews with 2,600 respondents aged 15 - 35, the research showed that 30.6% reported severe symptoms, while cyberbullying and body image issues were strong contributing factors. IMH noted that youth with higher resilience and social support were less likely to suffer mental health strain. The study was conducted with the Ministry of Health and NUS’s Saw Swee Hock School of Public Health, Today Online reports.

5.5% - 7.5% pay rise for low-wage workers

The National Wages Council (NWC) has urged employers to grant built-in wage increases of 5.5% to 7.5% for workers earning up to S$2,700 a month from December 2025 to November 2026. Firms performing well should raise pay at the higher end of the range or by at least S$105 - S$125. The move, which covers about 57,600 workers, comes amid modest GDP growth of 1.5% - 2.5% for 2025 and persistent cost pressures. The council also announced higher pay floors for administrators and drivers under the Occupational Progressive Wages scheme, set to take effect in July 2026.