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By Channel NewsAsia, Updated: 12/07/2011
Woman arrested over decomposed body found at Clementi
Woman arrested over decomposed body found at Clementi
SINGAPORE: Police arrested a 36—year—old Singaporean woman on Monday night at East Coast Park in connection with the decomposed body found off Clementi Road last week.
Forensic tests have established the identity of the victim as 37—year—old Celine Ng Swee Peng.
It’s understood the victim knew the suspect.
Ng had been reported missing since May 26.
The suspect, who will be charged with murder on Wednesday, led police investigators to West Coast Park earlier on Tuesday to search for what is believed to be the victim’s personal belongings and to collect evidence.
— CNA/ck/ls
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By Channel NewsAsia, Updated: 12/07/2011
Body of man found in Serangoon Reservoir
Body of man found in Serangoon Reservoir
SCDF personnel (file picture)
SINGAPORE: The body of a man was retrieved from the Serangoon Reservoir on Tuesday.
It was spotted floating near Block 122, Sengkang East Way.
The Singapore Civil Defence Force (SCDF) said it was alerted to the incident at 3.12pm.
A fire engine, two fire bikes and an ambulance were deployed to the scene.
Police have classified the case as unnatural death.
Investigations are ongoing.
National water agency PUB says the reservoir is currently undergoing desalting and the water there is not being used for water supply.
— CNA/ir
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Affordability of HDB flat (Singapore)By yan ziyang
In year 1989 a couple’s one year salary can buy a 3 room HDB apartment and 4-room apartment takes 1.5 years salary.
After 22 years, median salary increase from 37k to 54k, but a 4-room apartment price has sky-rocketed from 56k to 400k.
Data from: 新 加 坡 公 共 住 房 政 策 和 管 理
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Mermaid Maritime's associate Asia Offshore Drilling (AOD) has signed a construction contract for the third newbuild jack-up rig with Keppel Fels and has transferred the technical and commercial management agreement from Mermaid to Seadrill Limited.
We have a NEUTRAL call and TP S$0.41 on the stock.
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WAKING HOURS ARE WORKING HOURS
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The death of ‘normal working hours’
How can we organise working time in such a way that we achieve maximum productivity while promoting happiness?
Of all the various aspects of work/life balance, this is one of the trickiest and most interesting.
In years to come, our grandchildren will mock our commitment to the daily commute and tolerance of ‘normal working hours’.
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Oil & Gas: A merger of two giants
Overweight
Sector Update
¨ Sapuracrest and Kencana announced yesterday that Integral Key Sdn Bhd (IKSB), a special purpose company, has made an offer to merge the two companies via an acquisition of their entire businesses and undertakings for RM5.9bn and RM6.0bn respectively.
The proposal involves:
1) share swap of Sapuracrest and Kencana shares into new IKSB shares and
2) cash payments.
The offer is open until 15 Aug.
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* MALAYSIA * GEMS *
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We must become wiser by learning from other people’s mistakes.
When we take French migrants soccer team as a model for our national policy.
French soccer has gone from World Champion to nothing.
England too.
Brazilian Ambassador told us “Trained your own people”
Nation building is not playing soccer.
It has more than twenty odd people to feed.
Without many Migrants as managers, professionals, researchers, Koreans, Japan still do better than Americans, Europeans.
Because they work hard and learn from everyone – try to do better than everyone.
(sony and nissan, with foreign chiefs are not doing any better than canon, toyota, honda)
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The US can’t — or won’t — fix its economy?
Paul Krugman
If you were shocked by Friday’s jobs report, if you thought Americans were doing well and were taken aback by the bad news, you have not been paying attention.
The fact is, the United States economy has been stuck in a rut for a year and a half.
pharoah88 ( Date: 12-Jul-2011 11:47) Posted:
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By Channel NewsAsia, Updated: 11/07/2011
China would want to maintain equitable relation with US, says Lee Kuan Yew
MR Lee Kuan Yew (R) at the FutureChina Global Forum
SINGAPORE : Former Minister Mentor Lee Kuan Yew said that if he were China [impOssIble ?], he would want to maintain equitable and stable relationship with the US for the next 20 to 30 years.
He noted that China needs the US for technology, markets and know—how.
Mr Lee was speaking at the FutureChina Global Forum on Monday.
Despite stepping down from office, Mr Lee is still widely sought after [UNPAID ?] for his [FREE ?] thoughts on China, as he shares a close relationship with its leaders.
And Mr Lee said China still has much to gain from the US.
" Getting students to go there to learn how Americans manage institutions and produce such a diverse conglomerate of cities and ideas. In China, they tend to be more uniformed in their ideas because they’ve all been through the same drill. The US, for some reason or the other, throws up the East Coast, the West Coast, North East, North West, Chicago, and the South, Texas. It’s that diversity that gives the Americans great strength," said Mr Lee.
[Americans CREATED & INNOVATED their Own cUrrent DEATH PATH whIch they themselves have NO SOLUTIONS TODAY # BEWARE AWARE SCARE CARE # ]
US brOUght the WORLD Financial Tsunami TRAGEDY to all the PEOPLE #
For over half an hour, Mr Lee fielded a range of topics, including his thoughts on China’s next leadership and how the US should react to China’s growing power.
On the economic front, Mr Lee said he has advised US trade representatives to co—op Southeast Asian countries into its system via free trade agreements, while it still has the bigger market.
He warned that failing to do so would see these countries drifting to China, as that’s where the profits are.
When asked for the top three statesmen whom he admired, Mr Lee cited Chinese leader Deng Xiaoping for turning China around after the revolution, former German chancellor Helmut Schmidt, and former US president Bill Clinton.
" Despite his weaknesses, Bill Clinton was a very effective leader. He was able to survive all his peccadilloes, and still present himself as a credible leader," said Mr Lee.
Closer to home, Mr Lee was asked to predict the future of ASEAN.
[ASEAN has nO Leadership because ALL cannOt agreed to pay themselves the World's Highest Salaries ? ? ? ?]
He said the 10 countries will be brought together by the need to bargain collectively with world powers. But the integration will be a slow process.
" It’s different legacies, different systems and it takes a long time to shake off the baggage and become Southeast Asians. And even then, I think we are never quite the same. Because we have been developed in different ways, in different systems," said Mr Lee.
Mr Lee said ASEAN will have more strength if the countries bargain collectively, rather than individually, with China, US or Japan.
— CNA /ls
Queen Elizerberth questioned London School of Economics about financial crises
" such things were so large
how come everyone missed them"
mirror co.uk 2009 Jul 26
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By Channel NewsAsia, Updated: 11/07/2011
10 tourists file complaint against SA Tours with CASE
SA Tours
SINGAPORE: A group of ten tourists have filed a complaint against SA Tours with consumer watchdog, CASE.
They were bound for Shanghai on Sunday, but failed to board their flight after a representative from the tour agency did not show up at the airport to provide information on hotel and trip arrangements.
The affected customers turned up at the CASE office on Monday morning at 10am, hoping to get a refund of S$800.
Responding to Channel NewsAsia, SA Tours said the representative who was to meet the group is a third—party contractor who provides check—in services for tour agencies.
SA Tours said he was not feeling well and had dozed off after taking some medicine. His handphone was also switched off, which caused the mix—up.
According to CASE, SA Tours received eight complaints two years ago, and one last year — and the complaint from the Shanghai group would be its first this year.
This is also the first complaint received by CASE over a cancelled holiday, due to an agency’s representative failing to show up at the airport.
Seah Seng Choon, Executive Director of CASE, said: " From what we’ve gathered so far, we believe there’s a lack of service. The staff who is supposed to brief the consumers before the tour starts was absent on that morning. And the consumers were uncertain as to whether to proceed with the tour or not."
—CNA/ac
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By Channel NewsAsia, Updated: 11/07/2011
China would want to maintain equitable relation with US, says Lee Kuan Yew
MR Lee Kuan Yew (R) at the FutureChina Global Forum
SINGAPORE : Former Minister Mentor Lee Kuan Yew said that if he were China [impOssIble ?], he would want to maintain equitable and stable relationship with the US for the next 20 to 30 years.
He noted that China needs the US for technology, markets and know—how.
Mr Lee was speaking at the FutureChina Global Forum on Monday.
Despite stepping down from office, Mr Lee is still widely sought after [UNPAID ?] for his [FREE ?] thoughts on China, as he shares a close relationship with its leaders.
And Mr Lee said China still has much to gain from the US.
" Getting students to go there to learn how Americans manage institutions and produce such a diverse conglomerate of cities and ideas. In China, they tend to be more uniformed in their ideas because they’ve all been through the same drill. The US, for some reason or the other, throws up the East Coast, the West Coast, North East, North West, Chicago, and the South, Texas. It’s that diversity that gives the Americans great strength," said Mr Lee.
[Americans CREATED & INNOVATED their Own cUrrent DEATH PATH whIch they themselves have NO SOLUTIONS TODAY # BEWARE AWARE SCARE CARE # ]
US brOUght the WORLD Financial Tsunami TRAGEDY to all the PEOPLE #
For over half an hour, Mr Lee fielded a range of topics, including his thoughts on China’s next leadership and how the US should react to China’s growing power.
On the economic front, Mr Lee said he has advised US trade representatives to co—op Southeast Asian countries into its system via free trade agreements, while it still has the bigger market.
He warned that failing to do so would see these countries drifting to China, as that’s where the profits are.
When asked for the top three statesmen whom he admired, Mr Lee cited Chinese leader Deng Xiaoping for turning China around after the revolution, former German chancellor Helmut Schmidt, and former US president Bill Clinton.
" Despite his weaknesses, Bill Clinton was a very effective leader. He was able to survive all his peccadilloes, and still present himself as a credible leader," said Mr Lee.
Closer to home, Mr Lee was asked to predict the future of ASEAN.
[ASEAN has nO Leadership because ALL cannOt agreed to pay themselves the World's Highest Salaries ? ? ? ?]
He said the 10 countries will be brought together by the need to bargain collectively with world powers. But the integration will be a slow process.
" It’s different legacies, different systems and it takes a long time to shake off the baggage and become Southeast Asians. And even then, I think we are never quite the same. Because we have been developed in different ways, in different systems," said Mr Lee.
Mr Lee said ASEAN will have more strength if the countries bargain collectively, rather than individually, with China, US or Japan.
— CNA /ls
Queen Elizerberth questioned London School of Economics about financial crises
" such things were so large
how come everyone missed them"
mirror co.uk 2009 Jul 26
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By Channel NewsAsia, Updated: 12/07/2011
Andrew Kuan keen to run in Presidential Election
Andrew Kuan
SINGAPORE: Former JTC Corporation group chief financial officer Andrew Kuan, who was disqualified in 2005 from running for the presidency, is keen to throw his hat into the ring again.
The Presidential Elections Committee (PEC) did not issue him a certificate the last time, saying he did not meet the eligibility criteria set out in the Constitution. [So sImple ? ? ? ?]
But Mr Kuan, 57, told MediaCorp on Monday night that he would apply for the certificate again under Constitution Article 19 Subsection 2 (g)(iv), in which he would state that he managed funds and reserves at JTC up to S$9.3 billion during the 38 months he served as the group’s CFO — well above the S$100 million stipulated by the PEC for candidates to qualify.
Mr Kuan said he would be supporting his application through the JTC Act Articles 20 and 21, which " required me to submit financial statements to the Minister of Trade and Industry and President" as the group’s CFO.
He added his appraisal in 2004 — his final year at JTC — stated he had performed his duties at JTC " beyond expectations" .
Mr Kuan has not yet collected forms to apply for an eligibility certificate but he told MediaCorp he would be doing so soon.
—
TODAY
/fa
He has DECENT HONEST LOOK.
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By Channel NewsAsia, Updated: 11/07/2011
HAVE YOUR SAY: SBS Transit, SMRT submit applications for fare adjustments
Train commuters (file picture)
SINGAPORE : The two public transport operators, SBS Transit and SMRT, have submitted applications to the Public Transport Council (PTC) seeking bus and train fare adjustments.
Both cited significant cost pressures despite increased efforts to lower costs and increase productivity, and have asked for the maximum fare adjustment of 2.8 per cent.
Escalating energy and manpower costs prompted SMRT to seek for a maximum fare adjustment of 2.8 per cent.
It said this is based on the annual fare adjustment formula that takes into account the consumer price index (CPI), wage index and productivity gains.
It said energy costs rose 17.5 per cent to S$122.4 million as of this March, due mainly to higher electricity and diesel prices, and the expansion of the rail network — with the opening of Circle Line Phase One and Two.
More staff also had to be hired to operate additional train and bus trips to meet rising commuting demand.
Manpower costs also increased as a result of a higher employer’s CPF contribution rate, from 14.5 per cent to 15 per cent in September 2010, and to 15.5 per cent in March 2011.
SBS Transit said it is also facing costs pressures for fuel and energy, on top of investments in new buses to renew its fleet.
The renewal exercise first began in 2006. Last year alone, some S$268 million was spent on another 600 buses to be delivered in 2011 and 2012.
SBS Transit said more details of the application, which is subject to the approval of the PTC, will be announced at a later date.
Gerard Ee, chairman of the PTC, told MediaCorp there is a need to assess the basis of the applications and to check the accounts of operators — a process that is likely to take some months.
The last time bus and trains fares were increased was in 2008. Back then, the PTC approved an adjustment of 1.7 per cent which translated to a fare increase of about one to three cents for commuters.
Commuters hope that increases, if any, this time round will mean better services.
One commuter said: " They have to do something about the comfort level. Probably the service, especially during peak hours."
Another added: " I think with all the inflation and stuff, the increase is unavoidable. But they have to do something about how the passengers are during peak hours especially during the rush hour, the bus is especially packed."
A third commented: " The charges are too expensive for senior citizens like me."
The new Chairman of the Government Parliamentary Committee for Transport, Cedric Foo, said he would like the Transport Ministry to review the fare adjustment formula.
This includes how the government can assist the needy in coping with public transport costs.
Mr Foo, who is also a Member of Parliament for Pioneer, said the fare formula has been in place for more than five years, and sufficient experience has been gained on how the formula had or had not worked.
Earlier this year, the PTC deferred the fare review exercise to coincide with the opening of the last stage of the Circle Line this October.
— CNA/ms
YOUR SAY: Do you think a fare adjustment is due since the last was in 2008? What can train and bus operators offer to make the ride better? Sign in here to post your comments.
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Famous faces get their honorary degrees
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Buying residential property in Malaysia
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Growing worries over building
boom in Chinese cities
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Enforce rules at these hotspots
Bridges and underpasses
Letter from Martin Schwarz
A variation of this question is: Is Singapore really a fine city?
I am usually unsure how to answer the second question, since although there are many warning signs out there, I am not sure all are enforced.
Take for example the signs on pedestrian overpasses and tunnels stating that those who fail to dismount from their bicycles will be fined $1,000. As a frequent user of these conduits, I can confirm that although I have seen hundreds of people disobeying these signs (such as the cyclists in the underpass below the Central Expressway at the end of St Martin’s Road), I have never seen nor heard of anyone being disciplined.
This lack of enforcement is dangerous it encourages people to disobey other rules, and placing these signs is also a waste of tax-payers’ money. Either remove the signs or enforce the rules more strictly. WHEN talking to people abroad the first question they usually ask when they find out I live in Singapore is: Do you really get fined for chewing gum?
Jurong West footpaths
Letter from Caroline Chung
REFERRING to the Singapore Police Force’s letter, “Cyclist, motorists must abide by road rules” (July 4), I wonder who enforces the regulations?
It has come to a point where cyclists act like they have the right of way in my Jurong West St 52 estate.
Every morning, you see parents, grandparents and maids cycling to bring children to school, with schoolbags dangling and sometimes even two pillion riders. They ride on the footpaths and ring their bell until you make way for them.
They pose a danger to students who walk to school by themselves as they do not know how to react in such a situation and are less observant of their surroundings.
I walk my children to school every day.
I wonder who is going to protect them on the footpaths if they were to walk alone?
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sOme One
brewIng
GENTING SP ? ? ? ?
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