Daily Archives: 2016-08-31

Bangladeshi workers plead guilty for financing terrorism

2 Bangladeshi workers, Mamun Leakot Ali, 30 and Zzaman Daulat, 34, who were earlier detained under Internal Security Act (ISA) had pleaded guilty for financing terrorism on Tuesday (30 August). Mamun and Zzaman were among eight Bangladeshi nationals arrested between late March and early April 2016. The two came to Singapore to work under work permits. Six of the eight detained …

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Commuters outraged as train services on Circle Line disrupted for the third day in a row

On its Twitter page this morning (Wednesday), SMRT tweeted that commuters need 3-5 minutes additional travelling time due to intermittent signalling issue. Due to intermittent signalling issues, expect an additional 3-5 minutes of travelling time — SMRT Corporation (@SMRT_Singapore) August 30, 2016 Hours later it tweeted that 10 minutes additional travelling time is needed. [CCL]: Due to intermittent signalling issues, …

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GIC buy 7.7% stake in Vietnam’s biggest bank, estimated value of S$543 million

Singapore sovereign wealth fund GIC buys 7.7% stake in Vietcombank, which full name is Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vietnam’s biggest bank As Vietnam looks to liberalise its bloated state sector and streamline regulations, it made the deal to increase openness to external investments. The Memorandum of agreement (MoU) to buy 305.8 million new shares of Vietcombank, the …

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