Wed, 03 Sep 2008 23:16:44 +0000
COE price for small cars plunges by 30%
By Maria Almenoar
CERTIFICATE of entitlement (COE) prices for small cars plummeted 30 per cent yesterday to $9, 501, hitting their lowest levels in over a year.
The fall follows months of softening demand which dealers say has been driven by soaring inflation.
They blamed rising prices [...]Wed, 03 Sep 2008 23:14:02 +0000
Tang jailed for a day, fined $17, 000
By Khushwant Singh and Sujin Thomas
Ailing retail magnate Tang Wee Sung (left) walking out of Queenstown Remand Prison with his lawyer Cavinder Bull. Tang’s sentence for his attempt to illegally purchase a kidney included a day’s jail, but he was released after a few hours. ST PHOTO: [...]Wed, 03 Sep 2008 23:02:21 +0000
Singapore Charities Act to be tightened with proposed amendments
More power for Commissioner to query fund-raisers and IPCs
By JAMIE LEE
THE government is tightening up on fund-raisers and institutions of a public character (IPCs) with more proposed amendments to the Charities Act.
The amendments, which follow an earlier round last year, would empower the Commissioner of Charities [...]Wed, 03 Sep 2008 22:54:12 +0000
Singapore Temasek, GIC dominate world’s largest SWF deals
The S’pore units invest a combined US$9.1b, 47% more than a year ago
By CONRAD TAN
(SINGAPORE) Temasek Holdings and the Government of Singapore Investment Corp (GIC) have been involved in five of the 10 biggest deals involving sovereign wealth funds on record, according to the latest estimates by [...]Wed, 03 Sep 2008 09:10:21 +0000
Record $5b earnings for Mice - Singapore
Singapore also ranked top city for business meetings, conventions
By Jessica Cheam
Mr Anthony Chong’s Kingsmen Exhibits wins the service excellence award for the second year.
THEY are the mice that roared.
Business travel and events earned over $5 billion for Singapore last year - a new [...]Wed, 03 Sep 2008 09:07:59 +0000
Tourism will pick up by 2010 - Singapore
Opening of integrated resorts and Gardens by the Bay will give boost
By Lim Wei Chean
STB chief Lim Neo Chian, who said last week that he was stepping down, feels that the goal to draw 17 million visitors to spend $30 billion by 2015 [...]Wed, 03 Sep 2008 09:05:23 +0000
Platform doors for elevated Singapore MRT stations
THE Land Transport Authority (LTA) will spend more than $126 million to install platform screen doors at elevated MRT stations to prevent track intrusions.
The 1.5m-high doors will go up first at Yishun, Jurong East and Pasir Ris MRT stations by the fourth quarter of next year.
By [...]Wed, 03 Sep 2008 09:03:11 +0000
Singapore Labour law to cover more workers
Proposed changes to benefit confidential staff and lower-paid workers
By Goh Chin Lian
A LABOUR law which has not been changed in 13 years will soon be amended to keep it up to date with today’s labour market conditions.
The Manpower Ministry is tabling for public [...]Wed, 03 Sep 2008 09:01:11 +0000
A medieval battle in Bangkok - Thailand
Thailand Correspondent Nirmal Ghosh was one of only two foreign newsmen present when clashes broke out at Government House early yesterday morning. He blogged about it on www.straitstimes.com. For readers who missed the blog, these are excerpts of his eyewitness account, posted on The Straits Times website at 8.01am [...]Wed, 03 Sep 2008 08:46:20 +0000
Developers starting to preview Singapore projects
With Hungry Ghost month over, condo projects being launched to test market
By Fiona Chan, Property Reporter
An artist’s impression of Reflections at Keppel Bay. Units in a new tower block there were released for sale over the weekend.
NOW that Hungry Ghost month is over, property developers are starting to line up [...]Wed, 03 Sep 2008 08:37:15 +0000
Waiver aimed at lessees of state land - Singapore
What is a building premium?
It is a charge payable by an owner when he extends the lease on state land.
The amount is determined by the chief valuer but not disclosed as it is computed into the land premium.
The premium is calculated based on the building’s condition. Lessees [...]Wed, 03 Sep 2008 08:35:40 +0000
Part of lease extension levy waived - Singapore
Building premium waiver will boost upkeep of ageing property
By Joyce Teo, Property Correspondent
The ruling is likely to benefit certain groups of building owners, such as those owning conservation shophouses. — PHOTO: URA
A LEVY that property owners had to pay the Government when they extended a lease on state [...]Wed, 03 Sep 2008 08:32:07 +0000
Thai army pledges restraint - Thailand
Samak’s emergency decree puts Bangkok’s security under general
By Nirmal Ghosh, Thailand Correspondent
‘Our methods will be to improve understanding among Thais and make everyone aware that there can still be a peaceful solution through negotiations, ’ Gen Anupong said yesterday. — PHOTO: AP
BANGKOK: Thailand’s powerful army chief yesterday assumed charge for security [...]Tue, 02 Sep 2008 21:44:24 +0000
Singapore Construction sector growth expected to slow over next 3 to 4 quarters
By Ng Baoying,
SINGAPORE : The construction sector has been a pillar of Singapore’s economy over the past two years, supporting it with on-year growth of close to 20 per cent every quarter.
But the sector’s pace of growth has slowed from the 24 per [...]Tue, 02 Sep 2008 21:39:45 +0000
Singapore ranked top global city for meetings
But MICE industry faces short-term challenges: Iswaran
By NISHA RAMCHANDANI
FOR the very first time, Singapore was ranked the world’s top international meeting city - in 2007 by the Union of International Associations (UIA).
Honoured: Prof Feng Pao Hsii of the National University of Singapore received the Business Events Ambassador award
Singapore climbed [...]