Daily Archives: 2016-07-16

Three men arrested for DHL parcel scam on 65-year-old woman

Police has stated in a press release that three men have been arrested for a DHL parcel scam committed upon a 65-year-old woman and to be charged in court on Saturday. At about 4pm, Singapore Police Force received a report from a woman who said that she was being deceived. She said that she previously had a phone call from …

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Problem is not with SMRT but the privatisation of the public transportation sytem

By Chris Kuan I am sure that Desmond Quek, SMRT CEO will get a round of condemnation from social media by saying this “Despite the steady increase in non-fare earnings, this trend of declining profitability is expected to persist under the current financing framework as the additional capital expenditure and increased depreciation would exert additional pressure on the future cash …

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LTA to pay SMRT $1 billion for its operating assets under the new NRFF

Land Transport Authority (LTA) will pay $1 billion to SMRT Trains Limited (SMRT Trains) to purchase the latter’s operating assets under the New Rail Financing Framework (NRFF) after discussions concluded for the transition of the North-South and East-West Lines (NSEWL), the Circle Line (CCL) and the Bukit Panjang LRT (BPLRT). The transition which took five years to negotiate, had been announced by …

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