Daily Archives: 2017-01-11

MOT signed agreements with various private companies and research institutes to develop and trial driverless vehicles

Minister for Transport Khaw Boon Wan has stated that over the last two years, the Ministry of Transport (MOT) has signed agreements with various private companies and research institutes to develop and trial such self-driving technologies and concepts. This is his response to a question filed by Assoc Prof Fatimah Lateef who asked the Minister for Transport whether he can provide …

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Bill to regulate personal mobility devices passed in Parliament

The Active Mobility Bill was read for the second time in Parliament yesterday (10 January) with 13 MPs debating on the matter. As announced at the Ministry of Transport (MOT)’s 2016 Committee of Supply Debate, the Government has accepted in full the Active Mobility Advisory Panel’s recommendations on cycling and the use of personal mobility devices (PMDs).  The Active Mobility …

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China Dec PPI hit five-year high; Straits Times Index stands above 3,000 points for first time in a year

By Margaret Yang, CMC Markets China Dec PPI hit five-year high, signalling further stabilization China’s producer prices rose 5.5 percent y-o-y, or 1.6 percent m-o-m, which was the fastest pace in five years. The reason behind this is rising raw material prices, especially commodity prices. Producer Price Index (PPI) measures the average change in prices received by domestic producers for …

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