Monthly Archives: June 2016

FIDH: Government’s response to UN review a major setback for human rights

Paris, 24 June 2016: FIDH -International Federation for Human Rights said in a press release that the Singaporean government’s failure to accept a large number of key recommendations received during its second Universal Periodic Review (UPR) is a major setback for human rights. Singapore did not accept 112 of the 236 recommendations made by UN member states on 27 January …

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EU referendum in the spotlight, MAS includes RMB into foreign reserve

By Margaret Yang, CMC Markets FX – Sterling has soared to five-month high at 1.4810 ahead of the EU referendum today. Is the market over optimistic? The rally of risk assets over the past few days has also indicated that the market is trying to price in a ‘remain’ vote. According to Bloomberg projections, the probability of a Remain vote …

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Can’t answer these 5 questions? Stay clear of crowdfunding

By Property Soul In barely a week’s time, two crowdfunding projects have gone wrong. Investors grieved for failure to receive the promised returns and to recover their principal sums. An investment scheme that claimed to finance a builder known as Soilwood (listed company Soilbuild Group sound-alike) has stopped paying the guaranteed 4 to 6 percent quarterly return (“Investors cry foul …

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The Doomsday Menu: A Review of Café

By Ng Yi-Sheng Folks don’t talk about this much, but Singaporean storytellers really like to imagine doomsday scenarios. You could build a whole syllabus out of our fictional Armageddons: check out the opening scenes of the Jack Neo’s Ah Boys to Men, Nicholas Yong’s zombie survival novel Land of the Meat Munchers, Zizi Azah’s dystopian play Paradise, Victor Ocampo’s sci-fi …

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MINDEF and MHA to provide life and personal accident insurance coverage for all Full-time NSFs and NSmen

From 1 July 2016, the Ministry of Defence (MINDEF) and Ministry of Home Affairs (MHA) will provide life and personal accident insurance coverage for all Full-time National Servicemen (NSFs) and Operationally Ready National Servicemen (NSmen) in the Singapore Armed Forces (SAF), Singapore Police Force (SPF) and Singapore Civil Defence Force (SCDF). The initiative, named “MINDEF & MHA Group Insurance”, is …

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Stat boards and agencies should file police reports on rampant vandalism

By Phillip Ang (A version of this letter was sent to the Prime Minister Lee Hsien Loong and other ministries and agencies) I refer to the police report filed against The Independent Singapore, Teo Soh Lung and Roy Ngerng by the Elections Department (ELD). I applaud the ELD for taking the initiative and hope that every statutory board and government organisation …

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Stocks rallied with sterling, crude advances for a second day

By Margaret Yang, CMC Markets Equities – A risk-on sentiment following a reversal of the Brexit poll results has led to a surge in equities yesterday. The Euro Stoxx index soared 3.29%, marking its biggest jump in nine months. The Hang Seng Index rallied 1.69% to 20,510 points. The S&P 500 index climbed 0.58%, with the industrials and energy sectors …

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Apprentice’s M18 rating – Why shy away from a penalty we staunchly defend?

By Ghui Hot on the heels of the controversy generated from the execution of Kho Jabing and the media circus that the lawyers who represented him found themselves embroiled in, the death penalty is in the spotlight again. Straits Times – Apprentice rated M18 for ‘detailed depictions and descriptions of the execution process‘ It would appear that a local film …

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Singapore: Government critics, bloggers and human rights defenders penalised for speaking out

By Amnesty International Amnesty International is deeply concerned by the continued sensitivity of the Singapore government to criticism and alternate views of Singaporeans, which further reduces the space for activists, bloggers and civil society organisations in Singapore. In the past two months, political activists, a blogger as well as the LGBTI community have faced reprisals for their legitimate exercise of the right to …

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