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Daily Archives: 2014-06-13

New Initiatives to promote the international use of Renminbi through Singapore

Singapore, 13 June 2014 -The Monetary Authority of Singapore (MAS) announced today that a facility for providing overnight Renminbi (RMB) liquidity to financial institutions in  Singapore will be launched on 1 July 2014. MAS also welcomed the directive issued today by the People’s Bank of China (PBC) Nanjing branch that will allow eligible corporates and individuals in the Suzhou Industrial …

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Labour market report shows increase in job vacancies, but unemployment up?

By SY Lee and Leong Sze Hian The Labour Market First Quarter 2014 report has just been published by the Ministry of Manpower. The report points out in its key findings that unemployment remained low, although it edged up slightly in March 2014 and job openings continued to increase and outnumber job seekers. Citizens’ unemployment rate increased to 3.0%? It states that “The …

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Singapore consul-general rebuts SCMP’s article on Catherine Lim’s open letter to PM

The South China Morning Post (SCMP) had earlier published an article on the letter by writer Dr Catherine Lim to Prime Minister Lee Hsien Loong describing an "unprecedented crisis of trust" between his government and Singaporeans. This prompted the Singapore consul-general of Singapore in Hong Kong to respond, citing international studies that vouch for a high degree of trust in the government. SCMP …

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Distrust in the CPF, and the eroding social compact

By Aloysius Chia There are some people who think that the problem raised by Roy Ngerng, the blogger who has recently brought to the forefront the issue of the CPF pension system, is merely a problem of word play. That is, they see it as a problem that is simply about poor communication between the government’s ideas of how to …

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Tesla Motors release patents for electric vehicle technology

Tesla Motors Inc. has announced yesterday that it will be releasing all its patents for use by the public, with the aim of removing blocks for the industry to advance production of electric vehicles. In a blog post published on 12 Jun, CEO Elon Musk declared that “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants …

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Consider legal action against PAP Wiki edits: Baey

  Member of Parliament (MP) Baey Yam Keng has called on his party “to consider legal action” as a response to edits made to the party’s Wikipedia page. “Wikipedia is a free encyclopedia, written collaboratively by the people who use it,” the Wikiepedia site says. “It is a special type of website designed to make collaboration easy, called a wiki.” …

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Meaningless surveys if relevant agencies do not act on findings

By Leong Sze Hian and SY Lee We refer to the article “More workers report positive outcomes from national skills training framework” (Straits Times, Jun 11). The article states that “A greater proportion of workers reported receiving a pay raise – 19 per cent did so last year, four percentage points more than the year before”. So, does it mean that despite …

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Last Hakka cemetery might be rehoused in a pagoda

By Yasmeen Banu In the near future, the 2,700 tombstones that stands in the middle of a couple of blocks at Commonwealth will no longer be seen as the land owned by the Hakka Clan Association, Yin Fo Fui Kun (应和会馆) is currently considering rehousing the graves in a pagoda. The Yin Fo Fui Kun cemetery that is along Commonwealth Lane …

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Former NUS law professor takes court action against Singapore government to reinstate his Singapore PR status

The former tenured law professor of the National University of Singapore (NUS), Tey Tsun Hang – in conjunction with the court action against NUS – has taken court action against the Singapore Immigration and Checkpoints Authority. Tey,  a Malaysian, 43, asserts and produces evidence in a court document that the cancellation of his re-entry permit renewal before he was charged in …

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