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STOCKS NEWS SINGAPORE-Index down ST Engineering outperforms
Wed Jun 19, 2013 1:37am EDT Singapore shares drifted lower, snapping three consecutive sessions of gains, with investors waiting for more clarity on the U.S. Federal Reserve's next policy step. The Straits Times Index was down 0.3 percent at 3,218.41 points on Wednesday, almost in line with the fall in MSCI's broadest index of Asia-Pacific shares outside Japan . Hongkong Land Holdings ...
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Look forward to a mix of old and new at this years National Day Parade
Soldiers marching down the steps of the Marina Bay Floating Platform during the National Day Parade (NDP) at Marina Bay Floating Platform on 9 August 2011. This year's National Day Parade looks set to be bigger and better with more assets on display and more personnel from the military and Home teams taking part. -- ST PHOTO: MUGILAN ...
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10 men charged with having commercial sex with 16-year-old girl
Ten men were charged in court on Wednesday with having paid sex with a 16-year-old girl. Three indicated that they would be pleading guilty to their respective charges while the rest had their cases adjourned. A total of 12 men allegedly had commercial sex with the same girl, a student, who cannot be named due to a gag order. Deputy Public Prosecutor Stella Tan told the court that one of ...
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No rental increase for two-years for those whose incomes cross the $800-a-month mark
National Development Minister Khaw Boon Wan views a vacant completed unit, a 4-room HDB flat at Block 886C, Treegrove@ Woodlands. Rental increases will now be waived for two years for those whose incomes cross a $800 a month threshold, said National Development Minister Khaw Boon Wan in a blog post on Wednesday. -- PHOTO: ...
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Man charged with murder of colleague in Kranji
A deliveryman was charged in court on Wednesday with murdering a fellow colleague at a timber company in Kranji on Monday. -- THE NEW PAPER PHOTO: CHOO CHEE ...
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Singapore Haze Update PSI reading eases slightly to 114 at noon
The haze in Singapore eased slightly at noon on Tuesday, with the three-hour Pollutant Standards Index (PSI) dipping to 114 at noon, down from 123 an hour ago. But air quality remained in the unhealthy range, which is anything over 100. The 24-hour average concentration of PM2.5, or very fine particulate matter, was between 154 and 186 micrograms per cubic metre at noon, a rise from 145-179 at ...
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Singapore sets up committee to develop infocomm masterplan
The government of Singapore has set up a committee to develop a national masterplan for the information and communications sector as well as the media, authorities said on Tuesday.The Infocomm Media Masterplan Steering Committee is expected to spend the next two years working with the private and public sectors on the masterplan.The committee, which has 14 members, is led by Koh Boon Hwee, who ...
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Singapore Airlines May 2013 operating results
The operating results for May 2013 are given in the table below: In May 2013, Singapore Airlines' system wide passenger carriage (measured in revenue passenger kilometres) increased 1.3% on the back of 3.1% growth in capacity (measured in available seat kilometers). Consequently, passenger load factor (PLF) fell by 1.2 percentage points to 74.6%. The number of passengers carried ...
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Over $1b given to low-income to buy HDB flats
HDB flats in construction. More than $1 billion in grants has been given out by the Government to help low-income households get on the property ladder by buying their first HDB flat. -- ST FILE PHOTO: SEAH KWANG ...
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As PSI rises sales of face masks soar
SINGAPOREANS are taking their own precautions as hazy conditions persist by stocking up on products to protect themselves. Sales of products such as face masks and eye drops surged over the past few days, as the three-hour Pollutant Standards Index (PSI) reached a high of 155 on Monday night. At Watsons, face mask and eye drop sales rose by 80 per cent and 50 per cent respectively, said its ...
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All systems go for free pre-peak MRT ride trial
A poster on the free MRT ride scheme. Commuters who exit 16 stations in the city before 7.45am get to travel for free. -- ST PHOTO: MARK ...
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Injured navy man who lost both legs healing through sports
Injured navy serviceman Jason Chee has been taking part in sports regularly - despite losing both legs, his left arm and three fingers on his right hand. The 30-year-old - who suffered a devastating accident on a ship last December - does so with the help of the Singapore Disability Sports Council. He especially enjoys playing table tennis, which he is able to do using prosthetic fingers. In ...
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Singapore Flyer unlikely to be shipped overseas
Both local and overseas parties have expressed interest in buying the Singapore Flyer, less than three weeks after the attraction at Marina Promenade was placed under receivership by its main lender. -- ST FILE PHOTO: NEO ...
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Manila to stop giving new licences to Singapore maid agencies
Singapore maid agencies are being barred from taking out new licences to source for workers in the Philippines in a move by Manila to crack down on firms flouting its rules. -- ST ILLUSTRATION: MANNY ...
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Singapore tournament hit by late pullouts
The Singapore Open kicked off Tuesday, but a large-scale withdrawal on the eve of competition has robbed the tournament of several seeded players after superstars Lin Dan and Lee Chong Wei also chose to skip the event.Eleven players pulled out on Monday, citing fatigue and injury, though many may be keen to avoid exerting themselves in what is the last Super Series event before the world ...
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Singapore pressures Indonesia to identify companies behind haze
Singapore's worst air pollution in 16 years sparked diplomatic tension on Tuesday, as it urged Indonesia to provide data on company names and concession maps to enable it to act against plantation firms that allow slash-and-burn farming.Singapore's environment minister made the request to his Indonesian counterpart by telephone as air pollution on the island hit unhealthy levels for a ...
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Singapore Indonesia tussle over smog
SMOG from forest fires on Indonesia's Sumatra island has eased in Singapore but the city-state continued to press its larger neighbour to solve the recurring ...
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Youth 16 arrested for allegedly assaulting and robbing 39-year old woman
The police have arrested a 16-year-old for allegedly assaulting and robbing a female victim in the vicinity of Hougang Avenue 1. About two weeks ago, the 39-year old victim was returning home from work past midnight. At the void deck of her flat, an unknown person came from behind and started assaulting her. The male assailant then grabbed her handbag, which contained cash, valuables and a ...
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Fitch Affirms Genting and Genting Singapore at A- Stable
Fitch: Spanish Floor Clause Ruling May Reduce Excess Spread A recent Spanish Supreme Court ruling could cause lenders to stop applying floor clauses that set minimum interest rates in mortgage contracts, and so reduce excess spread in Spanish RMBS transactions, Fitch Ratings says. The presence of interest rate floors in mortgage contracts has bolstered excess spread during the recent period of ...
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Haze update PM Lee says Singapore urging Indonesia to take action to reduce haze
A photo of the haze, taken at the Istana, that was posted on Prime Minister Lee Hsien Loong's Facebook page. Mr Lee said on Tuesday, June 18, 2013, that the Government is monitoring the haze situation closely and will stay in touch with the Indonesian authorities. -- PHOTO: FACEBOOK OF PRIME MINISTER LEE HSIEN ...
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Singapore chokes on pollution high
Singapore 's main measure to determine air quality, crept into the "unhealthy" classification reaching a reading of 155, the highest level since late 1997, when it hit 226.Smoke haze is a nearly annual problem for Singapore and its northern ...
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Fitch Affirms Singapores First Ship Lease Trust at BNegative
Fitch: Spanish Floor Clause Ruling May Reduce Excess Spread A recent Spanish Supreme Court ruling could cause lenders to stop applying floor clauses that set minimum interest rates in mortgage contracts, and so reduce excess spread in Spanish RMBS transactions, Fitch Ratings says. The presence of interest rate floors in mortgage contracts has bolstered excess spread during the recent period of ...
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Indonesia Haze Affecting Singapore Forest Fires Being Blamed
Indonesia is being asked by Singapore to get control of its forest fires after the pollutant index in the air rose to a staggering 155 on Monday, the highest it’s been since 2006. Officials asked employers to provide masks to anyone spending time outside during work, and children and the elderly were advised not to spend too much time outdoors. The scent of burning wood and a smoky haze ...
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Exotic mini-zoo seized from Singapore flat
SINGAPORE (AFP) - More than 30 wild animals, including pythons, tortoises, a slow loris and a marmoset have been seized from a flat in Singapore in the city's largest such haul of banned wildlife in more than a decade, a government agency said Tuesday.The owner, who kept the animals in a public housing apartment, could be jailed for two years and fined up to Sg$500,000 ($297,000), the ...
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Singapore India working on Asian FTA
Foreign observers and investors continue to see India as a positive growth story, even as domestic players cower in the shadow of their own ...
Singapore Featured
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Singaporean expansion of MRT leads to disruption
Singapore’s Mass Rapid Transit System (MRT) is not very big in comparison to Shanghai, Beijing or Tokyo, but proportionate to the size of Singapore and the city-state’s population, it is an extremely successful and extensive public transport system and one that the Land Transport Authority (LTA) plans to grow even further.
Singapore has a population of around 5 million, which is important when placing the MRT in context, it has a daily ridership of 2 million, giving it a commuter penetration of at least 40%, which does not take into account the fact that not all 5 million Singaporeans commute on a daily basis or use public transport. Read more
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