With the consummation of the US$10.7 billion deal with Zain Africa, Bharti Airtel chief Sunil Mittal extended his gratitude to its partner Sing Tel for providing its much needed support. As a co-promoter, SingTel holds 31 per cent stake in India-listed Bharti Airtel and therefore its support is critical to any major M&A deal by the company. Full Story
Bharti chief thanks Singtel for the money in Zain Africa deal
Wireless Federation, 31 Mar 2010
With the consummation of the US$10.7 billion deal with Zain Africa, Bharti Airtel chief Sunil Mittal extended his gratitude to its partner Sing Tel for providing its much needed support. As a co-promoter, SingTel holds 31 per cent stake in India-listed Bharti Airtel and therefore its support is critical to any major M&A deal by the company. Full Story
With the consummation of the US$10.7 billion deal with Zain Africa, Bharti Airtel chief Sunil Mittal extended his gratitude to its partner Sing Tel for providing its much needed support. As a co-promoter, SingTel holds 31 per cent stake in India-listed Bharti Airtel and therefore its support is critical to any major M&A deal by the company. Full Story
Firms need caution working with Facebook
ZDNet Asia, 31 Mar 2010
While recognizing that Facebook as a platform to communicate with customers is "too big to avoid", a Singapore-based lawyer urged caution for companies looking to utilize the social-networking site for commercial use.
This comes after Facebook faced backlash from users for its proposed changes to its privacy policy over the weekend. This involved allowing a list of "pre-approved" third-party Web sites to access user data from Facebook, such as names, profile pictures, gender, user IDs and friend connections, while the person is logged into the social-networking Web site. Full Story
While recognizing that Facebook as a platform to communicate with customers is "too big to avoid", a Singapore-based lawyer urged caution for companies looking to utilize the social-networking site for commercial use.This comes after Facebook faced backlash from users for its proposed changes to its privacy policy over the weekend. This involved allowing a list of "pre-approved" third-party Web sites to access user data from Facebook, such as names, profile pictures, gender, user IDs and friend connections, while the person is logged into the social-networking Web site. Full Story
DBS loses about Rs83 crore (approx US$17million) in its four-year affair with Cholamandalam
Moneylife.in, 31 Mar 2010
Development Bank of Singapore (DBS) had spent Rs213 crore to buy 37.5% stake in the Murugappa Group’s non-banking finance company, Cholamandalam Investment and Finance Company Ltd, in 2005-06. Yesterday it exited from the joint venture at Rs129 crore, making a straight loss of Rs83 crore.
According to a news report in 2005, DBS announced that it would spend about Rs228 crore to acquire 37.5% stake in the company. It actually acquired 142,21,985 shares at Rs150 in June 2006 as per its filing to the Bombay Stock Exchange. Full Story
Development Bank of Singapore (DBS) had spent Rs213 crore to buy 37.5% stake in the Murugappa Group’s non-banking finance company, Cholamandalam Investment and Finance Company Ltd, in 2005-06. Yesterday it exited from the joint venture at Rs129 crore, making a straight loss of Rs83 crore.According to a news report in 2005, DBS announced that it would spend about Rs228 crore to acquire 37.5% stake in the company. It actually acquired 142,21,985 shares at Rs150 in June 2006 as per its filing to the Bombay Stock Exchange. Full Story
OPINION: Hypocrisy Replaces Hope after the NLD Decision - Aung Zaw
The Irrawaddy, 31 Mar 2010
In Singapore, whose government is a staunch supporter of the pariah regime in Burma, a foreign ministry spokesman said: “We are disappointed that the new election laws have led to this result. This will make it harder for national reconciliation to be achieved.”
The spokesman added: “We have always held that national reconciliation among the stakeholders is a critical element for the legitimacy of the elections. This would require the participation of the National League for Democracy and other political parties. It is still not too late for all parties to reach a compromise and we urge them to do so.” Full Story
Related:
S'pore's stand on Burma polls - The Korea Herald
In Singapore, whose government is a staunch supporter of the pariah regime in Burma, a foreign ministry spokesman said: “We are disappointed that the new election laws have led to this result. This will make it harder for national reconciliation to be achieved.”The spokesman added: “We have always held that national reconciliation among the stakeholders is a critical element for the legitimacy of the elections. This would require the participation of the National League for Democracy and other political parties. It is still not too late for all parties to reach a compromise and we urge them to do so.” Full Story
Related:
S'pore's stand on Burma polls - The Korea Herald
Romania diplomat blamed for fatal Singapore accident
Monsters and Critics, 31 Mar 2010
Singapore - A Singapore Coroner's Court on Wednesday ruled that reckless driving by former Romanian diplomat Silviu Ionescu caused a fatal hit-and-run accident in December, a newspaper reported.
The former charge d'affaires, currently back in Romania, was identified by police as the driver of an Audi that hit three pedestrians on December 15, including Tong Kok Wai, who died.... Full Story
Related:
Justice in Singapore: former Romanian diplomat Silviu Ionescu involved in the car accident causing the death of a person was driving the car - HotNews.ro
Singapore - A Singapore Coroner's Court on Wednesday ruled that reckless driving by former Romanian diplomat Silviu Ionescu caused a fatal hit-and-run accident in December, a newspaper reported.The former charge d'affaires, currently back in Romania, was identified by police as the driver of an Audi that hit three pedestrians on December 15, including Tong Kok Wai, who died.... Full Story
Related:
Justice in Singapore: former Romanian diplomat Silviu Ionescu involved in the car accident causing the death of a person was driving the car - HotNews.ro
Singapore Airlines tops Australian survey on world flights
Moneycontrol.com, 31 Mar 2010
Singapore Airlines has topped an Australian survey as the best airline to fly with internationally, while British Airways trailed with the lowest satisfaction rating for flights from Australia to Britain.
In a survey about 9,000 members of Choice, a consumer advice organisation, were asked to rate their satisfaction on recent international flights on cost, in-flight service, seat comfort, leg room, timeliness, food quality and check-in process. Full Story
Related:
Worst airline? Australians make their choice - The Sydney Morning Herald
Singapore Airlines tops survey on world flights - Reuters India
Singapore Airlines Tops Survey for Best International Service - The New York Times
Singapore Airlines has topped an Australian survey as the best airline to fly with internationally, while British Airways trailed with the lowest satisfaction rating for flights from Australia to Britain.In a survey about 9,000 members of Choice, a consumer advice organisation, were asked to rate their satisfaction on recent international flights on cost, in-flight service, seat comfort, leg room, timeliness, food quality and check-in process. Full Story
Related:
Worst airline? Australians make their choice - The Sydney Morning Herald
Singapore Airlines tops survey on world flights - Reuters India
Singapore Airlines Tops Survey for Best International Service - The New York Times
Some Yahoo email accounts hacked in China, Taiwan
Reuters, 31 Mar 2010
BEIJING/SAN FRANCISCO, March 31 (Reuters) - Yahoo email accounts of some journalists and activists whose work relates to China were compromised in an attack discovered this week, days after Google announced it would move its Chinese-language search services out of China due to censorship concerns.
Several journalists in China and Taiwan found they were unable to access their accounts beginning March 25, among them Kathleen McLaughlin, a freelance journalist in Beijing. Her access was restored on Wednesday, she told Reuters. Full Story
Related:
Yahoo and Google hit The Great Firewall - Radio Netherlands Worldwide
Journalists in China say Yahoo accounts hacked - The Sydney Morning Herald
Journalists in China say Yahoo accounts hacked - Asian Correspondent
China, Taiwan Yahoo users report hacking - Financial Times
BEIJING/SAN FRANCISCO, March 31 (Reuters) - Yahoo email accounts of some journalists and activists whose work relates to China were compromised in an attack discovered this week, days after Google announced it would move its Chinese-language search services out of China due to censorship concerns.Several journalists in China and Taiwan found they were unable to access their accounts beginning March 25, among them Kathleen McLaughlin, a freelance journalist in Beijing. Her access was restored on Wednesday, she told Reuters. Full Story
Related:
Yahoo and Google hit The Great Firewall - Radio Netherlands Worldwide
Journalists in China say Yahoo accounts hacked - The Sydney Morning Herald
Journalists in China say Yahoo accounts hacked - Asian Correspondent
China, Taiwan Yahoo users report hacking - Financial Times
Singapore begins construction on liquefied natural gas terminal
Earth Times, 31 Mar 2010
Singapore - Singapore on Wednesday began building its first liquefied natural gas (LNG) terminal designed to import and re-export the fuel from multiple suppliers to regional markets.
The terminal, operated by government-formed Singapore LNG Corp, is to cost 1.5 billion Singapore dollars (1.07 billion US dollars) and was expected to be operational by 2013 within Singapore's industrial hub on Jurong Island. Full Story
Related:
Singapore Begins Construction Of S$1.5 Billion LNG Terminal - Bernama.com
Singapore Starts Building Country's First LNG Terminal - EasyBourse
SLNG breaks ground - Upstreamonline.com
Singapore - Singapore on Wednesday began building its first liquefied natural gas (LNG) terminal designed to import and re-export the fuel from multiple suppliers to regional markets.The terminal, operated by government-formed Singapore LNG Corp, is to cost 1.5 billion Singapore dollars (1.07 billion US dollars) and was expected to be operational by 2013 within Singapore's industrial hub on Jurong Island. Full Story
Related:
Singapore Begins Construction Of S$1.5 Billion LNG Terminal - Bernama.com
Singapore Starts Building Country's First LNG Terminal - EasyBourse
SLNG breaks ground - Upstreamonline.com
Singapore Firms Urged to Grow Business in Indonesia
CRIEnglish.com, 31 Mar 2010
A senior Singapore official on Wednesday urged local companies to seize growing opportunities in Indonesia.
Addressing a forum on Indonesia's new investment climate and business opportunities, Singapore Minister for Trade and Industry Lim Hng Kiang said Indonesia was one of the few countries in Asia to register healthy growth amidst the backdrop of a global financial crisis.
Its economy grew 4.5 percent, the third-highest of the G20 countries after China and India, the minister said. Full Story
A senior Singapore official on Wednesday urged local companies to seize growing opportunities in Indonesia.Addressing a forum on Indonesia's new investment climate and business opportunities, Singapore Minister for Trade and Industry Lim Hng Kiang said Indonesia was one of the few countries in Asia to register healthy growth amidst the backdrop of a global financial crisis.
Its economy grew 4.5 percent, the third-highest of the G20 countries after China and India, the minister said. Full Story
Why Hong Kong and Singapore property could be income hotspots
Citywire, 31 Mar 2010
There is a growing consensus that Hong Kong and Singapore are poised for recovery this year, with forecasts for GDP growth in the region of around 7% for 2010 in Singapore alone.
Investors looking for strong income growth should benefit from what is expected to translate into stronger demand for property and particularly office space in both regions, with managers arguing that office sector prices are still at relatively low levels.
While property share prices remain relatively depressed, yield from rental income is starting to rise markedly in hotspots such as Singapore and Hong Kong. Full Story
There is a growing consensus that Hong Kong and Singapore are poised for recovery this year, with forecasts for GDP growth in the region of around 7% for 2010 in Singapore alone.Investors looking for strong income growth should benefit from what is expected to translate into stronger demand for property and particularly office space in both regions, with managers arguing that office sector prices are still at relatively low levels.
While property share prices remain relatively depressed, yield from rental income is starting to rise markedly in hotspots such as Singapore and Hong Kong. Full Story
S'pore Senior Civil Servant Heaped Praises On Brunei's SPN21 Education System
Brunei fm, 31 Mar 2010
BRUNEI’S 21st Century National Education System (SPN21) has garnered praises from a visiting Singaporean senior government official, who expressed her confidence in the new education system.
“SPN21 is a very bold and visionary plan. I am very confident after interacting with my colleagues (Brunei education officials) that there is a determination to put in resources and train the people required to realise this plan,” said Singapore’s Permanent Secretary of Education Tan Ching Yee.
Tan explained that she will usually visit Brunei once every one or two years to observe and learn from the developments of the Sultanate’s education system. “We love to visit each other because we want to keep checking what are the good things we are doing, the good ideas and some of the common challenges that we might face…for us to come and see what we can learn from you and share what we are thinking ourselves because there seems to be many areas where we have common interests, whether it is literacy, numeracy, 21st century skills or wanting good people to become teachers,” she said. Full Story
BRUNEI’S 21st Century National Education System (SPN21) has garnered praises from a visiting Singaporean senior government official, who expressed her confidence in the new education system.“SPN21 is a very bold and visionary plan. I am very confident after interacting with my colleagues (Brunei education officials) that there is a determination to put in resources and train the people required to realise this plan,” said Singapore’s Permanent Secretary of Education Tan Ching Yee.
Tan explained that she will usually visit Brunei once every one or two years to observe and learn from the developments of the Sultanate’s education system. “We love to visit each other because we want to keep checking what are the good things we are doing, the good ideas and some of the common challenges that we might face…for us to come and see what we can learn from you and share what we are thinking ourselves because there seems to be many areas where we have common interests, whether it is literacy, numeracy, 21st century skills or wanting good people to become teachers,” she said. Full Story
Singaporean Helmy Omar Sa'aid extradited to UK to face insider trading charges
Telegraph.co.uk, 30 Mar 2010
A Singaporean man has become the first person to be successfully extradited to the UK to face charges of insider trading in case involving a former Dresdner Kleinwort banker and his wife.
Helmy Omar Sa'aid appeared before the City of Westminster Magistrates' Court on Tuesday to be charged with 14 counts of insider trading after an investigation of alleged illegal trading by Christian Littlewood, a former senior banker at Dresdner Kleinwort and Shore Capital, and his wife Angie Littlewood.
Mr Sa'aid flew to Paris at the weekend after the granting of a request for his extradition by the French authorities in Mayotte, part of the Comoros Islands in the Indian Ocean, before being flown on to London on Sunday where he was arrested by British police. Full Story
Related:
Financial Services Authority charges third person over insider trading ring - Mail Online
A Singaporean man has become the first person to be successfully extradited to the UK to face charges of insider trading in case involving a former Dresdner Kleinwort banker and his wife.Helmy Omar Sa'aid appeared before the City of Westminster Magistrates' Court on Tuesday to be charged with 14 counts of insider trading after an investigation of alleged illegal trading by Christian Littlewood, a former senior banker at Dresdner Kleinwort and Shore Capital, and his wife Angie Littlewood.
Mr Sa'aid flew to Paris at the weekend after the granting of a request for his extradition by the French authorities in Mayotte, part of the Comoros Islands in the Indian Ocean, before being flown on to London on Sunday where he was arrested by British police. Full Story
Related:
Financial Services Authority charges third person over insider trading ring - Mail Online
Toshiba to sell LCD plant in Singapore - Nikkei
Reuters, 31 Mar 2010
Toshiba Corp (6502.T) has decided to withdraw from overseas liquid crystal display (LCD) panel production and sell its Singapore plant to Taiwanese firm AU Optronics Corp for an estimated 10 billion yen ($108 million), the Nikkei daily reported.
The sale of the plant in Singapore is in line with Toshiba's efforts to restructure money-losing operations and concentrate resources in its semiconductor and nuclear power businesses, the daily said. Full Story
Toshiba Corp (6502.T) has decided to withdraw from overseas liquid crystal display (LCD) panel production and sell its Singapore plant to Taiwanese firm AU Optronics Corp for an estimated 10 billion yen ($108 million), the Nikkei daily reported.The sale of the plant in Singapore is in line with Toshiba's efforts to restructure money-losing operations and concentrate resources in its semiconductor and nuclear power businesses, the daily said. Full Story
Indonesia Tax Fugitive Gayus Tambunan Caught in Singapore
Tempointeraktif.com, 31 Mar 2010
Indonesia tax fraud fugitive Gayus Halomoan Tambunan reportedly has been arrested by the National Police in a Hotel in Singapore on Tuesday night local time, police in Jakarta said.
Reports said the upper-middle tax official was caught without resisting at the 23rd floor of Mandarin Hotel on Orchard Road at 10:15 pm (+7GMT) six days after he left Jakarta on March 24th. Full Story
Related:
Gayus to arrive home in the afternoon - The Jakarta Post
Police name Gayus’ lawyer and a detective as suspects - The Jakarta Post
Gayus in Singapore with wife, children - The Jakarta Post
Gayus Tambunan arrested - Antara News
Gayus Tambunan to Return Home Today - The Jakarta Globe
Police set to question Gayus - The Jakarta Post
Tax thief goes home after food hall bust - The Australian
Indonesia tax fraud fugitive Gayus Halomoan Tambunan reportedly has been arrested by the National Police in a Hotel in Singapore on Tuesday night local time, police in Jakarta said.Reports said the upper-middle tax official was caught without resisting at the 23rd floor of Mandarin Hotel on Orchard Road at 10:15 pm (+7GMT) six days after he left Jakarta on March 24th. Full Story
Related:
Gayus to arrive home in the afternoon - The Jakarta Post
Police name Gayus’ lawyer and a detective as suspects - The Jakarta Post
Gayus in Singapore with wife, children - The Jakarta Post
Gayus Tambunan arrested - Antara News
Gayus Tambunan to Return Home Today - The Jakarta Globe
Police set to question Gayus - The Jakarta Post
Tax thief goes home after food hall bust - The Australian
JooJoo tablet gets just 90 pre-orders
Electronista, 30 Mar 2010
PayPal documents discovered today as part of the ongoing TechCrunch lawsuit against Fusion Garage have revealed that just 90 pre-orders were submitted before the JooJoo tablet began shipping last week. A motion in court for a preliminary injunction shows that, as of about February 22nd, the company took just 90 pre-orders for the $499 device, amounting to just $44,555 of revenue. The actual honored pre-orders were even lower as 15 of the orders were cancelled and refunded, although this didn't include pre-orders for the last few weeks before the March 25th ship date. Full Story
PayPal documents discovered today as part of the ongoing TechCrunch lawsuit against Fusion Garage have revealed that just 90 pre-orders were submitted before the JooJoo tablet began shipping last week. A motion in court for a preliminary injunction shows that, as of about February 22nd, the company took just 90 pre-orders for the $499 device, amounting to just $44,555 of revenue. The actual honored pre-orders were even lower as 15 of the orders were cancelled and refunded, although this didn't include pre-orders for the last few weeks before the March 25th ship date. Full Story
Singaporean charged in Australia with stealing $1.5m, laundering $1m
Perth Now, 31 Mar 2010
TWO company directors will front court today charged with stealing more than $1.5 million and laundering another million.
Both men, a 69-year-old from Singapore and a 51-year-old from Joondalup, were charged with four counts of stealing involving $1.545 million and money laundering $1.03 million. Full Story
Related:
Stealing, money laundering linked to pub development - WAtoday.com.au
TWO company directors will front court today charged with stealing more than $1.5 million and laundering another million.Both men, a 69-year-old from Singapore and a 51-year-old from Joondalup, were charged with four counts of stealing involving $1.545 million and money laundering $1.03 million. Full Story
Related:
Stealing, money laundering linked to pub development - WAtoday.com.au
Malaysian parliamentarian urges haste in MRT project linking JB to Singapore
Bernama.com, 30 Mar 2010
KUALA LUMPUR, March 30 (Bernama) -- The government has been urged to quickly implement the Mass Rail Transit (MRT) project linking Johor Bahru to Singapore as it will benefit people of both countries.
Datuk Mohamad Aziz (BN-Sri Gading) said to say that it was under study was too simplistic adding the MRT project would benefit those who commute between JB and Singapore. Full Story
KUALA LUMPUR, March 30 (Bernama) -- The government has been urged to quickly implement the Mass Rail Transit (MRT) project linking Johor Bahru to Singapore as it will benefit people of both countries.Datuk Mohamad Aziz (BN-Sri Gading) said to say that it was under study was too simplistic adding the MRT project would benefit those who commute between JB and Singapore. Full Story
DBS targets 20-25pc growth in India next fiscal
Press Trust Of India, 31 Mar 2010
The Singaporean lender DBS Bank, which exited its Indian NBFC business today, has targeted 20-25 per cent growth in its India operations in the next fiscal, a top official said.
DBS Bank, which grew over a compounded annual growth rate of over 75 per cent over the last 3-4 years in India, aims to focus more on corporates and wealthy individuals as primary targets moving ahead, DBS Group CEO Piyush Gupta said. Full Story
The Singaporean lender DBS Bank, which exited its Indian NBFC business today, has targeted 20-25 per cent growth in its India operations in the next fiscal, a top official said.DBS Bank, which grew over a compounded annual growth rate of over 75 per cent over the last 3-4 years in India, aims to focus more on corporates and wealthy individuals as primary targets moving ahead, DBS Group CEO Piyush Gupta said. Full Story
A*STAR's ICES Becomes Strategic Partner of Integrating Nanomaterials in Formulation
AZoNano.com, 30 Mar 2010
The Agency for Science, Technology and Research (A*STAR)'s Institute of Chemical and Engineering Sciences (ICES) has become a strategic partner of InForm, a €1.7 million EU funded project involving 17 world-leading research institutions and major companies, led by The University of Manchester in UK.
Dr Keith Carpenter, Executive Director of ICES, commented: “ICES is the only Singaporean partner in this international network of formulation science experts. Through the networking opportunities provided by this platform, ICES will be able to work with industry players to better understand consumer needs, and develop advanced technological solutions for use in the marketplace. Full Story
The Agency for Science, Technology and Research (A*STAR)'s Institute of Chemical and Engineering Sciences (ICES) has become a strategic partner of InForm, a €1.7 million EU funded project involving 17 world-leading research institutions and major companies, led by The University of Manchester in UK.Dr Keith Carpenter, Executive Director of ICES, commented: “ICES is the only Singaporean partner in this international network of formulation science experts. Through the networking opportunities provided by this platform, ICES will be able to work with industry players to better understand consumer needs, and develop advanced technological solutions for use in the marketplace. Full Story
Singapore Police Chief On Two-Day Working Visit To Brunei
BruDirect.com, 31 Mar 2010
Bandar Seri Begawan - The Royal Brunei Police Force (RBPF) yesterday received a delegation from Singapore Police Force (SPF), who is in the Sultanate for an official two-day working visit.
Leading the Singapore Police Force (SPF) delegation was the Singapore Police Commissioner Ng Joo Hee, who was accompanied by SPF's Director of Operation ACP Lim Kol Thai and ACP Zuraidah Abdullah, commander of training command. Full Story
Bandar Seri Begawan - The Royal Brunei Police Force (RBPF) yesterday received a delegation from Singapore Police Force (SPF), who is in the Sultanate for an official two-day working visit.Leading the Singapore Police Force (SPF) delegation was the Singapore Police Commissioner Ng Joo Hee, who was accompanied by SPF's Director of Operation ACP Lim Kol Thai and ACP Zuraidah Abdullah, commander of training command. Full Story
Activists and U.N. say travel restrictions on HIV positive patients is a violation of human rights
Reuters AlertNet, 30 Mar 2010
According to the United Nation's agency for HIV/AIDS UNAIDS, more than a quarter of the world's countries, territories and areas still deny HIV positive people entry, stay or residence as a result of their HIV status .
This includes first world countries such as Singapore, which denies visas for even short term stays, Australia and New Zealand.
On Sunday, UNAIDS, together with parliamentarians from 150 countries who are attending an annual meeting held in Bangkok and activists such as Suksma, called for the lifting of these restrictions. Full Story
According to the United Nation's agency for HIV/AIDS UNAIDS, more than a quarter of the world's countries, territories and areas still deny HIV positive people entry, stay or residence as a result of their HIV status .This includes first world countries such as Singapore, which denies visas for even short term stays, Australia and New Zealand.
On Sunday, UNAIDS, together with parliamentarians from 150 countries who are attending an annual meeting held in Bangkok and activists such as Suksma, called for the lifting of these restrictions. Full Story
S'pore's DBS to sell stake in India fund unit
Reuters India, 30 Mar 2010
MUMBAI, March 30 (Reuters) - Singapore's DBS (DBSM.SI: Quote, Profile, Research) on Tuesday said, it would sell stake in its Indian mutual fund unit to Chennai-based Murugappa Group for 91 rupees a share. Full Story
Related:
Singapore's DBS to sell stake in India fund unit - Business Standard
Singapore's DBS to sell stake in India fund unit - Sify Business
DBS to Focus on Corporates, High Net-Worth and Emerging Affluent Segment in India - BusinessWire India
Murugappa to buy out DBS stake in Chola DBS Finance - Thaindian News
Murugappa Group to buy-out DBS Bank in JV - The Hindu
Murugappa to buy out DBS stake in Chola DBS Finance - MyNews.in
Murugappa Group buys 37% stake in DBS Bank - Rediff.com
DBS exits Cholamandalam DBS Finance, sells 37.4% stake - Livemint.com
DBS exits Chola finance firm - The Telegraph (Calcutta)
DBS exits India NBFC business - DNAIndia.com
Murugappa, DBS Bank to part ways - The Economic Times
Murugappa group sheds no tears as it bids bye to DBS - The Hindu Business Line
Singapore’s DBS exits Indian finance services venture - The Malaysian Insider
MUMBAI, March 30 (Reuters) - Singapore's DBS (DBSM.SI: Quote, Profile, Research) on Tuesday said, it would sell stake in its Indian mutual fund unit to Chennai-based Murugappa Group for 91 rupees a share. Full Story
Related:
Singapore's DBS to sell stake in India fund unit - Business Standard
Singapore's DBS to sell stake in India fund unit - Sify Business
DBS to Focus on Corporates, High Net-Worth and Emerging Affluent Segment in India - BusinessWire India
Murugappa to buy out DBS stake in Chola DBS Finance - Thaindian News
Murugappa Group to buy-out DBS Bank in JV - The Hindu
Murugappa to buy out DBS stake in Chola DBS Finance - MyNews.in
Murugappa Group buys 37% stake in DBS Bank - Rediff.com
DBS exits Cholamandalam DBS Finance, sells 37.4% stake - Livemint.com
DBS exits Chola finance firm - The Telegraph (Calcutta)
DBS exits India NBFC business - DNAIndia.com
Murugappa, DBS Bank to part ways - The Economic Times
Murugappa group sheds no tears as it bids bye to DBS - The Hindu Business Line
Singapore’s DBS exits Indian finance services venture - The Malaysian Insider
Profits from Suntec Singapore Co-Ownership Taxable, CHC Clarifies
The Christian Post, 30 Mar 2010
City Harvest Church's earnings as a co-owner of Suntec Singapore will be taxed, the church clarified recently.
The 33,000-strong church explained that it has set up a ‘special purpose investment holding company’ which it wholly owns.
Legally, it is that company which “has acquired and holds an indirect minority stake in the holding company” of Suntec Singapore. Full Story
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City Harvest Church's earnings as a co-owner of Suntec Singapore will be taxed, the church clarified recently.The 33,000-strong church explained that it has set up a ‘special purpose investment holding company’ which it wholly owns.
Legally, it is that company which “has acquired and holds an indirect minority stake in the holding company” of Suntec Singapore. Full Story
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The National University of Singapore's University Town to Admit Inaugural Intake of Students; University Town to Redefine Living and Learning on Campu
AScribe Newswire, 30 Mar 2010
SINGAPORE, March 30 (AScribe Newswire) -- The National University of Singapore's (NUS) University Town (UTown) will be admitting its inaugural intake of students for two undergraduate residential colleges and a graduate residence in August 2011.
A first in Singapore's higher learning landscape, UTown aims to redefine the way students live and learn on campus. It combines the convenience of campus living with an exciting multidisciplinary academic programme, building on NUS' reputation for enabling research and education across disciplines. Full Story
SINGAPORE, March 30 (AScribe Newswire) -- The National University of Singapore's (NUS) University Town (UTown) will be admitting its inaugural intake of students for two undergraduate residential colleges and a graduate residence in August 2011.A first in Singapore's higher learning landscape, UTown aims to redefine the way students live and learn on campus. It combines the convenience of campus living with an exciting multidisciplinary academic programme, building on NUS' reputation for enabling research and education across disciplines. Full Story
Wanted: India-China-Japan-Singapore Task Force On Maritime Counter-Terrorism
Eurasia Review, 30 Mar 2010
During his forthcoming visit to China for four days from April 5, 2010, for talks with the Chinese Foreign Minister Yang Jiechi, S. M. Krishna, the Indian Foreign Minister, should review co-operation in counter-terrorism with China in order to re-focus it on co-operation in maritime counter-terrorism instead of the present focus on co-operation against conventional land-based terrorism. He should explore the possibility of closer cooperation involving the Navies of India, China, Singapore and Japan in ensuring sealane security and in protecting the commercial ships and energy supplies of the four countries from possible attacks by terrorists and pirates operating from Yemen and Somalia. Full Story
During his forthcoming visit to China for four days from April 5, 2010, for talks with the Chinese Foreign Minister Yang Jiechi, S. M. Krishna, the Indian Foreign Minister, should review co-operation in counter-terrorism with China in order to re-focus it on co-operation in maritime counter-terrorism instead of the present focus on co-operation against conventional land-based terrorism. He should explore the possibility of closer cooperation involving the Navies of India, China, Singapore and Japan in ensuring sealane security and in protecting the commercial ships and energy supplies of the four countries from possible attacks by terrorists and pirates operating from Yemen and Somalia. Full Story
3D TV fair to be held in Singapore next month
CNet Asial 30 Mar 2010
If you're residing in Singapore, here's your golden opportunity to test drive and compare 3D TVs from LG, Panasonic, Samsung and Sony at The Great Electronics Sale 2010. Hosted in conjunction with the country's annual Great Singapore Sale, the electronics bazaar will kick off at level 6, Suntec City Hall 602, from April 9 to 11 between 11am and 9pm. Full Story
If you're residing in Singapore, here's your golden opportunity to test drive and compare 3D TVs from LG, Panasonic, Samsung and Sony at The Great Electronics Sale 2010. Hosted in conjunction with the country's annual Great Singapore Sale, the electronics bazaar will kick off at level 6, Suntec City Hall 602, from April 9 to 11 between 11am and 9pm. Full Story
More Indian Companies Looking to Incorporate in Singapore
BusinessWire India, 30 Mar 2010
The governments of the two countries are actively promoting this increased cooperation. Singapore's Senior Minister Goh Chok Tong recently visited India and proposed to Indian Prime Minister Manmohan Singh that Indian businesses should use Singapore as the platform for corporate expansion and networking with major Asian leaders and businessmen. An increasing number of small and large Indian businesses are paying attention to these messages; as Indian businesses look beyond their borders and undertake acquisition of foreign assets, Singapore is emerging as the preferred venue for their expansion. Full Story
Related:
More Indian cos looking to incorporate in Singapore - The Financial Express
The governments of the two countries are actively promoting this increased cooperation. Singapore's Senior Minister Goh Chok Tong recently visited India and proposed to Indian Prime Minister Manmohan Singh that Indian businesses should use Singapore as the platform for corporate expansion and networking with major Asian leaders and businessmen. An increasing number of small and large Indian businesses are paying attention to these messages; as Indian businesses look beyond their borders and undertake acquisition of foreign assets, Singapore is emerging as the preferred venue for their expansion. Full StoryRelated:
More Indian cos looking to incorporate in Singapore - The Financial Express
China denies visas to Pakistanis in Singapore
GEO.Tv, 30 Mar 2010
BEIJING: China has denied Pakistani nationals direct access to Chinese visas from Singapore while Indians would not be facing any such restrictions. Full Story
BEIJING: China has denied Pakistani nationals direct access to Chinese visas from Singapore while Indians would not be facing any such restrictions. Full Story
Cost burden of chronic illness in Asia growing
Reuters, 29 Mar 2010
Chronic illnesses like heart disease, cancer and depression affect Asians as much as those in Western countries and governments must draft plans to cope with long-term costs, health experts said on Monday.
Speaking before a two-day conference on healthcare in Asia, they blamed the illnesses on aging populations, mass movement to cities in search of work, stress, and unhealthy diet. Full Story
Related:
New, old diseases straining healthcare - The Times Of India
Chronic illnesses like heart disease, cancer and depression affect Asians as much as those in Western countries and governments must draft plans to cope with long-term costs, health experts said on Monday.Speaking before a two-day conference on healthcare in Asia, they blamed the illnesses on aging populations, mass movement to cities in search of work, stress, and unhealthy diet. Full Story
Related:
New, old diseases straining healthcare - The Times Of India
Singapore Health Ministry on social media
FutureGov, 29 Mar 2010
“Welcome to Health Minister Khaw Boon Wan’s Facebook page. My mission is to help Singaporeans live a long and healthy life and to make quality healthcare.” This is the introduction line visitors to the “Ministry of Health” Facebook profile will find.
Singapore’s Ministry of Health (MOH) has become a good example of how new media can be leveraged to engage with citizens, particularly on issues related to healthcare policy making. The Minister blogs personally about healthcare issues of topical interest, as well as challenges in policy making. Full Story
“Welcome to Health Minister Khaw Boon Wan’s Facebook page. My mission is to help Singaporeans live a long and healthy life and to make quality healthcare.” This is the introduction line visitors to the “Ministry of Health” Facebook profile will find.Singapore’s Ministry of Health (MOH) has become a good example of how new media can be leveraged to engage with citizens, particularly on issues related to healthcare policy making. The Minister blogs personally about healthcare issues of topical interest, as well as challenges in policy making. Full Story
Reuters' Special Report: High-rollers, triads and a Las Vegas giant
Reuters Canada, 29 Mar 2010
SAN FRANCISCO/MACAU (Reuters) - Late last autumn, a Hong Kong jury convicted four men of a conspiracy to commit bodily harm and a fifth of soliciting a murder.
The murder-for-hire case sheds light on the links between China's secretive triad societies and Macau's booming gambling industry. It also raises potentially troubling questions about one of the world's largest gaming companies, Las Vegas Sands, which plans to open a $5.5 billion Singapore casino resort in late April. Full Story
Related:
Reuters report targets Sands' ties in Macau - Las Vegas Review-Journal
Macau Murder for Hire Tie-ing Las Vegas Sands - Gambling911.com
Casino Operator Morphs Into Chinese Company With U.S. Presence - Investors.com
SAN FRANCISCO/MACAU (Reuters) - Late last autumn, a Hong Kong jury convicted four men of a conspiracy to commit bodily harm and a fifth of soliciting a murder.The murder-for-hire case sheds light on the links between China's secretive triad societies and Macau's booming gambling industry. It also raises potentially troubling questions about one of the world's largest gaming companies, Las Vegas Sands, which plans to open a $5.5 billion Singapore casino resort in late April. Full Story
Related:
Reuters report targets Sands' ties in Macau - Las Vegas Review-Journal
Macau Murder for Hire Tie-ing Las Vegas Sands - Gambling911.com
Casino Operator Morphs Into Chinese Company With U.S. Presence - Investors.com
Canada's Platmin to sell $100 mln debenture to Temasek unit
Reuters Canada, 29 Mar 2010
(Reuters) - Canada's Platmin Ltd (PPN.TO: Quote) agreed to sell a $100 million convertible debenture to a unit of Temasek Holdings TEM.UL, giving the Singapore sovereign wealth fund the right to nominate a board member.
The non-interest bearing secured debenture will have a maturity date of December 31, 2010, and will be convertible at a price of C$1.25 ($1.215) per common share, the company said. Full Story
Related:
Platmin unveils plans to raise $250m - Business Financial News
Platmin Announces $100 million Convertible Debenture financing .... - Newswire.ca
Temasek, Seeking Mining Assets, Invests $100 Million in Platmin - BusinessWeek
(Reuters) - Canada's Platmin Ltd (PPN.TO: Quote) agreed to sell a $100 million convertible debenture to a unit of Temasek Holdings TEM.UL, giving the Singapore sovereign wealth fund the right to nominate a board member.The non-interest bearing secured debenture will have a maturity date of December 31, 2010, and will be convertible at a price of C$1.25 ($1.215) per common share, the company said. Full Story
Related:
Platmin unveils plans to raise $250m - Business Financial News
Platmin Announces $100 million Convertible Debenture financing .... - Newswire.ca
Temasek, Seeking Mining Assets, Invests $100 Million in Platmin - BusinessWeek
How Temasek Escaped Risky Oil Bet That Went Bust
CNNMoney.com, 29 Mar 2010
He had come to New York that August to negotiate a financing with Temasek, the sovereign wealth fund of Singapore, which Olson had been romancing for months. The price of oil had recently soared to $145 a barrel, and Temasek planned to invest $1.1 billion, valuing Terralliance at more than $4 billion. Full Story
Related:
How Terralliance's Billion-Dollar Bet Against Big Oil Failed - BNET
He had come to New York that August to negotiate a financing with Temasek, the sovereign wealth fund of Singapore, which Olson had been romancing for months. The price of oil had recently soared to $145 a barrel, and Temasek planned to invest $1.1 billion, valuing Terralliance at more than $4 billion. Full StoryRelated:
How Terralliance's Billion-Dollar Bet Against Big Oil Failed - BNET
India's 'half-baked doctor' scheme
Zee News, 29 Mar 2010
If the Indian government's scheme to produce more doctors through a three-and-a-half year degree course breaks down the urban-rural health disparities in a meaningful way, it will succeed where China's 'barefoot doctors' have failed, a study released here said on Monday.
The scheme, qualifying rural doctors through three-and- a-half year degree course, is loosely based on the Chinese barefoot doctor scheme which provided intensive medical training to rural doctors, noted the report "Side effect: Challenges facing healthcare in Asia". Full Story
If the Indian government's scheme to produce more doctors through a three-and-a-half year degree course breaks down the urban-rural health disparities in a meaningful way, it will succeed where China's 'barefoot doctors' have failed, a study released here said on Monday.The scheme, qualifying rural doctors through three-and- a-half year degree course, is loosely based on the Chinese barefoot doctor scheme which provided intensive medical training to rural doctors, noted the report "Side effect: Challenges facing healthcare in Asia". Full Story
Singapore Manufactured Product Prices Rise In February
RTTNews, 29 Mar 2010
RTTNews) - Singapore's manufactured products price index jumped 6.6% year-on-year in February, slowing from the 6.8% increase in the previous month, the Department of Statistics reported on Monday.
On a monthly basis, manufactured product prices fell 0.3%, in contrast to the 0.9% gain registered in January. Full Story
RTTNews) - Singapore's manufactured products price index jumped 6.6% year-on-year in February, slowing from the 6.8% increase in the previous month, the Department of Statistics reported on Monday.On a monthly basis, manufactured product prices fell 0.3%, in contrast to the 0.9% gain registered in January. Full Story
6 of Asia's most addictive, fattiest, calorie-loaded foods
CNNGo.com, 29 Mar 2010
3. Char Kuay Teow (pan fried noodles) -- Singaporean
A typical serving size of char kuay teow weighs in at around 300g. Those 300g will set your gut back a few weeks with 30g of fat and 22.8g of saturated fat according to the Singaporean Health Promotion Board. Our Singapore city editor Larry Loh said, "The best ones are cooked with pork lard and there's little bits of crispy fried pork lard and raw cockles to boot." Please keep in mind that gym memberships are typically not included with purchase of a pan fried noodle meal in Singapore. Perhaps they should be. Full Story
3. Char Kuay Teow (pan fried noodles) -- Singaporean
A typical serving size of char kuay teow weighs in at around 300g. Those 300g will set your gut back a few weeks with 30g of fat and 22.8g of saturated fat according to the Singaporean Health Promotion Board. Our Singapore city editor Larry Loh said, "The best ones are cooked with pork lard and there's little bits of crispy fried pork lard and raw cockles to boot." Please keep in mind that gym memberships are typically not included with purchase of a pan fried noodle meal in Singapore. Perhaps they should be. Full Story
Real estate industry welcomes new property index for Singapore
PropertyWire, 29 Mar 2010
A new residential property index is to be introduced in Singapore in a move that is widely believed will increase transparency in the real estate market and stability at a time when prices are soaring.
The new Singapore Residential Price Index (SRPI) formulated by the Institute of Real Estate Studies at the National University of Singapore will track prices of completed private non-landed homes month on month and will provide owners, investors, banks and property watchers with a key source of price data. Full Story
A new residential property index is to be introduced in Singapore in a move that is widely believed will increase transparency in the real estate market and stability at a time when prices are soaring.The new Singapore Residential Price Index (SRPI) formulated by the Institute of Real Estate Studies at the National University of Singapore will track prices of completed private non-landed homes month on month and will provide owners, investors, banks and property watchers with a key source of price data. Full Story
Filipinos all set for April 10 overseas automated polls in HK, Singapore
GMANews.TV, 29 Mar 2010
It’s all systems go for the first automated overseas absentee voting for Filipinos in Hong Kong and Singapore, the Commission on Elections (Comelec) said Monday.
Velasco said they prioritized Hong Kong and Singapore in the overseas voting automation because of their proximity to the Philippines and their large voting population. There are 31,851 overseas absentee voters in Singapore, and 95,355 in Hong Kong. Full Story
It’s all systems go for the first automated overseas absentee voting for Filipinos in Hong Kong and Singapore, the Commission on Elections (Comelec) said Monday.Velasco said they prioritized Hong Kong and Singapore in the overseas voting automation because of their proximity to the Philippines and their large voting population. There are 31,851 overseas absentee voters in Singapore, and 95,355 in Hong Kong. Full Story
Tickets To Singapore 2010 Youth Olympic Games On Sale Worldwide
Bernama.com, 28 Mar 2010
Around 320,000 tickets for the various sports to be held from Aug 14 to 26 will go on sale from 9am on March 31. (GMT+8)
The Singapore Youth Olympic Games Organising Committee said today the tickets for the 26 sports were priced affordably at S$10 (Preliminaries), S$15 (Quarter Finals/ Semi Finals) and S$30 (Finals). Full Story
Related:
Tickets for Singapore Youth Olympics to go on sale - People's Daily Online
Around 320,000 tickets for the various sports to be held from Aug 14 to 26 will go on sale from 9am on March 31. (GMT+8)The Singapore Youth Olympic Games Organising Committee said today the tickets for the 26 sports were priced affordably at S$10 (Preliminaries), S$15 (Quarter Finals/ Semi Finals) and S$30 (Finals). Full Story
Related:
Tickets for Singapore Youth Olympics to go on sale - People's Daily Online
OPINION: Singapore's Gaming Gamble - Ben Bland
Asia Sentinel, 29 Mar 2010
Setting aside its deep-seated puritanical instincts, the ruling People's Action Party has made a big double bet. Firstly, that the casinos will attract enough punters to allow the operators, Malaysia's Genting and America's Las Vegas Sands, to recoup their massive investments and boost the wider Singapore economy. And secondly, that the casinos can thrive without leading to an increase in prostitution, addiction and organized crime, the sort of problems that tend to proliferate around gaming houses in Asia.
At stake is Singapore's carefully-cultivated international image as a safe and orderly commercial hub and the domestic credibility of a government that clams legitimacy from always knowing best. Full Story
Setting aside its deep-seated puritanical instincts, the ruling People's Action Party has made a big double bet. Firstly, that the casinos will attract enough punters to allow the operators, Malaysia's Genting and America's Las Vegas Sands, to recoup their massive investments and boost the wider Singapore economy. And secondly, that the casinos can thrive without leading to an increase in prostitution, addiction and organized crime, the sort of problems that tend to proliferate around gaming houses in Asia.At stake is Singapore's carefully-cultivated international image as a safe and orderly commercial hub and the domestic credibility of a government that clams legitimacy from always knowing best. Full Story
Singapore to have 1st locally-built satellite in space
Xinhua, 29 Mar 2010
SINGAPORE, March 29 (Xinhua) -- Singapore will have its first self-made satellite sent to the space in the middle of this year, local media reported on Monday.
According to local English newspaper the Straits Times, the X- Sat, a 120 kg micro-satellite about the size of a refrigerator, will be launched in June or July from India's Satish Dhawan Space Center in Andhra Pradesh, 100 km north of Chennai. The estimated cost of the satellite is about 40 million Singapore dollars (about 29 million U.S. dollars). Full Story
Related:
Singapore to have 1st locally-built satellite in space - Global Times
SINGAPORE, March 29 (Xinhua) -- Singapore will have its first self-made satellite sent to the space in the middle of this year, local media reported on Monday.According to local English newspaper the Straits Times, the X- Sat, a 120 kg micro-satellite about the size of a refrigerator, will be launched in June or July from India's Satish Dhawan Space Center in Andhra Pradesh, 100 km north of Chennai. The estimated cost of the satellite is about 40 million Singapore dollars (about 29 million U.S. dollars). Full Story
Related:
Singapore to have 1st locally-built satellite in space - Global Times
Candy's special customers: the bribe-taking, sex hungry Singapore policemen
Bangkok Post, 28 Mar 2010
Not only does Candy take full advantage of the Thai women, but certain personnel in the Singapore Police do as well.
All of the Thai women interviewed claim that Candy pays a monthly bribe to the police. The policeman he pays is a former head of the Woodlands branch who is now working elsewhere.
Some of the girls believe that Candy's best friend, Ah Pooee, contributes half of the bribe and Candy often refers to the S$4,000 (92,000 baht) a month they pay the police.
In return Candy is forewarned of any raids which are going to take place. Full Story
Not only does Candy take full advantage of the Thai women, but certain personnel in the Singapore Police do as well.All of the Thai women interviewed claim that Candy pays a monthly bribe to the police. The policeman he pays is a former head of the Woodlands branch who is now working elsewhere.
Some of the girls believe that Candy's best friend, Ah Pooee, contributes half of the bribe and Candy often refers to the S$4,000 (92,000 baht) a month they pay the police.
In return Candy is forewarned of any raids which are going to take place. Full Story
The rise and fall of a pimp who lured Thai women to Singapore as prostitutes
Bangkok Post, 28 Mar 2010
He's deceitful, a liar and a schemer who is highly secretive, but he boasts an annual income of millions of baht. Although he is Malaysian-Chinese, he is a persuasive talker, fluent in Thai, well dressed, small in stature with women finding him simply handsome.
Aged only 31, he lures poor Thai women to Singapore with the promise of wealth by selling their bodies. He is the head pimp, or mangda in Thai, of the infamous jungle prostitutes of Woodlands, an outer suburb of the city-state where a large number of imported foreign labourers work mostly in factories.
For more than five years, he has "filled a need", as he puts it, by providing poorly paid Indian, Bengali, Thai, Malaysian and Chinese men with sex that they can afford. Full Story
Related:
Candy's special customers: the bribe-taking, sex hungry policemen - Bangkok Post
He's deceitful, a liar and a schemer who is highly secretive, but he boasts an annual income of millions of baht. Although he is Malaysian-Chinese, he is a persuasive talker, fluent in Thai, well dressed, small in stature with women finding him simply handsome.Aged only 31, he lures poor Thai women to Singapore with the promise of wealth by selling their bodies. He is the head pimp, or mangda in Thai, of the infamous jungle prostitutes of Woodlands, an outer suburb of the city-state where a large number of imported foreign labourers work mostly in factories.
For more than five years, he has "filled a need", as he puts it, by providing poorly paid Indian, Bengali, Thai, Malaysian and Chinese men with sex that they can afford. Full Story
Related:
Candy's special customers: the bribe-taking, sex hungry policemen - Bangkok Post
Singapore proposes ‘bridging’ India, China
Free Malaysia Today, 28 Mar 2010
In what is a masterstroke in international politics Singapore is proposing a forum for the business and political leaders of India and China to be held in the city-state.
From all outward appearances it just leaves to wonder what is in store for the Republic. Plenty if seen from the prism of geopolitics and what all of that entails
Though the idea had originated from state-owned company, Temasek Holdings, nothing beats denying that most of what is advocated by Temasek is also the ‘diplomatic speak’ of the state. Full Story
In what is a masterstroke in international politics Singapore is proposing a forum for the business and political leaders of India and China to be held in the city-state.From all outward appearances it just leaves to wonder what is in store for the Republic. Plenty if seen from the prism of geopolitics and what all of that entails
Though the idea had originated from state-owned company, Temasek Holdings, nothing beats denying that most of what is advocated by Temasek is also the ‘diplomatic speak’ of the state. Full Story
Singapore Aim To Be In Top Ten Asian Football Nations In Five Years
Goal.com, 28 Mar 2010
Zainudin Nordin, the president of the FA of Singapore (FAS) feels that Singapore will need at least five years to be among the top ten footballing countries in Asia.
He made the statement following the island republic’s feat of almost making it into the 2011 Asian Cup finals but for a lapse in their last qualifying match against Jordan earlier this month.
“Football in Singapore is on the right path and we are heading in the right direction,” said Zainuddin, who is also the Mayor of CDC Central Singapore. Full Story
Zainudin Nordin, the president of the FA of Singapore (FAS) feels that Singapore will need at least five years to be among the top ten footballing countries in Asia.He made the statement following the island republic’s feat of almost making it into the 2011 Asian Cup finals but for a lapse in their last qualifying match against Jordan earlier this month.
“Football in Singapore is on the right path and we are heading in the right direction,” said Zainuddin, who is also the Mayor of CDC Central Singapore. Full Story
OPINION: Democracy a loser in trade free-for-all - Kenneth Davidson
The Sydney Morning Herald, 28 Mar 2010
Behind the mantra of the superiority of the market - reinforced by privatisation, low taxes and small government - is the aim of shifting the decision-making process from the one-person, one-vote democratic formula to the one-dollar, one-vote market formula.
Hence the secrecy surrounding the negotiations of the new Trans-Pacific Partnership Agreement (TPPA), which began in Melbourne two weeks ago. The agreement is designed to replace a number of individual bilateral free trade agreements with an agreement embracing Australia, the US, NZ, Chile, Singapore, Brunei, Peru and Vietnam. Full Story
Behind the mantra of the superiority of the market - reinforced by privatisation, low taxes and small government - is the aim of shifting the decision-making process from the one-person, one-vote democratic formula to the one-dollar, one-vote market formula.Hence the secrecy surrounding the negotiations of the new Trans-Pacific Partnership Agreement (TPPA), which began in Melbourne two weeks ago. The agreement is designed to replace a number of individual bilateral free trade agreements with an agreement embracing Australia, the US, NZ, Chile, Singapore, Brunei, Peru and Vietnam. Full Story
Malaysia’s medical tourism eyes Singapore market
Inquirer.net, 28 Mar 2010
MANILA, Philippines—Industry players in Malaysia’s medical tourism are undertaking a variety of measures to welcome the expected surge of Singaporeans seeking medical treatment and therapies there.
This, as Singapore through Health Minister Khaw Boon Wan, started implementing this month of March the island city-state’s “elective hospitalization overseas option” for members of its healthcare program bannered by Medisave, touted as one of the best and most well-funded healthcare programs in the world. Full Story
MANILA, Philippines—Industry players in Malaysia’s medical tourism are undertaking a variety of measures to welcome the expected surge of Singaporeans seeking medical treatment and therapies there.This, as Singapore through Health Minister Khaw Boon Wan, started implementing this month of March the island city-state’s “elective hospitalization overseas option” for members of its healthcare program bannered by Medisave, touted as one of the best and most well-funded healthcare programs in the world. Full Story
Singapore Ministers Calls for More Qualified People to Become Eldercare Professionals
TopNews United States, 27 Mar 2010
Vivian Balakrishnan, Singapore's Community Development, Youth and Sports Minister has stressed that there is an urgent requirement to get more qualified individuals to become eldercare professionals as the country's populations starts to age.
He asserted that Singapore will soon face an acute shortage of such professionals. Full Story
Vivian Balakrishnan, Singapore's Community Development, Youth and Sports Minister has stressed that there is an urgent requirement to get more qualified individuals to become eldercare professionals as the country's populations starts to age.He asserted that Singapore will soon face an acute shortage of such professionals. Full Story
Singapore's first race track aims to attract MotoGP
The Times Of India, 27 Mar 2010
SINGAPORE: In the slipstream of Singapore's Formula One success story, the city-state could soon boast a MotoGP race after the contract to build the Republic's first permanent racing track was awarded.
SG Changi Private Limited won the contract to build the track and director Eddie Koh outlined the consortium's plans to bring in top-flight races.
"The completion date is slated for the end of 2011, and we hope to start events in 2012," he told Singapore media. Full Story
Related:
Motorcycling-Singapore's first race track aims to attract MotoGP - Reuters UK
Singapore Sets Sights On MotoGP Race - The Jakarta Globe
SINGAPORE: In the slipstream of Singapore's Formula One success story, the city-state could soon boast a MotoGP race after the contract to build the Republic's first permanent racing track was awarded.SG Changi Private Limited won the contract to build the track and director Eddie Koh outlined the consortium's plans to bring in top-flight races.
"The completion date is slated for the end of 2011, and we hope to start events in 2012," he told Singapore media. Full Story
Related:
Motorcycling-Singapore's first race track aims to attract MotoGP - Reuters UK
Singapore Sets Sights On MotoGP Race - The Jakarta Globe
OPINION: Singapore and Brunei - Merger? - John Harding
Getting At The Truth, 26 Mar 2010
Singh’s rank in Singapore is that of Senior Counsel, the equivalent of Queen’s Counsel in the United Kingdom. In December 2008, Singh joined the Monetary Authority of Singapore to advise on the implications of Lehman Brothers’ bankruptcy.
More importantly, Singh has recently been named Chief Advisor to Sultan Hassanal Bolkiah, the absolute ruler of Brunei, who has bestowed upon Singh the noble title of Dato Setia. Full Story
Singh’s rank in Singapore is that of Senior Counsel, the equivalent of Queen’s Counsel in the United Kingdom. In December 2008, Singh joined the Monetary Authority of Singapore to advise on the implications of Lehman Brothers’ bankruptcy.More importantly, Singh has recently been named Chief Advisor to Sultan Hassanal Bolkiah, the absolute ruler of Brunei, who has bestowed upon Singh the noble title of Dato Setia. Full Story
Another blow to Resort World Sentosa - Tom Jones cancelled concert
Reuters, 27 Mar 2010
Jones began a concert at the newly opened Resorts World Sentosa in the city-state on Friday night but left the stage after two songs, the Straits Times newspaper reported. T
Jones's pullout came after the $4.4 billion resort said on Friday it had shut down one of its main attractions, the world's tallest dueling rollercoaster, a week after its Universal Studios theme park opened. Full Story
Related:
Singer Tom Jones Postponed Singapore Concert Due to Sickness - Daily Latest News
Tom Jones concert postponed - Inquirer.net
Tom Jones cancels Sunday’s show at Araneta Coliseum - Manila Bulletin
Sick singer Jones stops Singapore resort concert - Utusan Online
Jones began a concert at the newly opened Resorts World Sentosa in the city-state on Friday night but left the stage after two songs, the Straits Times newspaper reported. TJones's pullout came after the $4.4 billion resort said on Friday it had shut down one of its main attractions, the world's tallest dueling rollercoaster, a week after its Universal Studios theme park opened. Full Story
Related:
Singer Tom Jones Postponed Singapore Concert Due to Sickness - Daily Latest News
Tom Jones concert postponed - Inquirer.net
Tom Jones cancels Sunday’s show at Araneta Coliseum - Manila Bulletin
Sick singer Jones stops Singapore resort concert - Utusan Online
OPINION: 4,500 - and still counting - Seah Chiang Nee
Malaysia Star, 27 Mar 2010
WHILE Singapore is busy attracting talents from abroad, some 4,500 of its own better-educated citizens may be heading for New Zealand.
In a period of just six weeks, New Zealand has succeeded in luring this large number of Singaporeans to sign up to work or settle down there.
Such a large number has come as a surprise for two reasons. One is that the New Zealand is not even a top choice and, secondly, Singapore is said to be recovering from the economic crisis. Full Story
WHILE Singapore is busy attracting talents from abroad, some 4,500 of its own better-educated citizens may be heading for New Zealand.In a period of just six weeks, New Zealand has succeeded in luring this large number of Singaporeans to sign up to work or settle down there.
Such a large number has come as a surprise for two reasons. One is that the New Zealand is not even a top choice and, secondly, Singapore is said to be recovering from the economic crisis. Full Story
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