Daily Archives: 2017-01-27

SAF’s Terrex ICVs expected to reach back in Singapore within a week

The nine Terrex Infantry Carrier Vehicles (ICVs) and accompanying equipment that were seized by the Hong Kong Customs and Excise Department, have left the Hong Kong port this morning and are expected to reach back in Singapore within a week. Minister of Defence posted on his Facebook page earlier this morning that Singapore Armed Forces’ Terrex ICVs had left Hong Kong …

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Magician charged in court for deceptively obtain PIC cash pay-outs and bonuses

A sole-proprietor of a consultancy firm who allegedly acted as the ‘promoter’ of the Productivity and Innovation Credit (PIC) Scheme, is charged in court today (27 Jan). The sole-proprietor, S. Chandran (35), a well-known magician and owner of consultancy firm Paradize Consultancy, was out on $200,000 bail and will return to court on 3 Feb. Inland Revenue Authority of Singapore (IRAS) …

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Terrex ICVs moved out of Hong Kong customs’ cargo examination compound

Singapore Armed Forces’ Nine Terrex Infantry Carrier Vehicles (ICVs) and associated equipment have been moved out from Hong Kong customs’ cargo examination compound yesterday (26 January) afternoon in the preparation to be shipped back to Singapore. The vehicles, which were seized by the Hong Kong customs at Hong Kong’s Kwai Chung Container Terminal on 23 November on their way to Singapore from the Taiwanese …

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S$20,000 donated to victims of Malaysia flood by Singapore Red Cross

Singapore Red Cross (SRC) has announced that it will contribute S$20,000 to the flood relief efforts in Malaysia in which it will support the Malaysian Red Crescent in assisting and evacuating people affected by the floods. SRC stated that the fund will help to provide hot food, blankets, tarpaulins and hygiene kits for affected people at the flood evacuation centres. …

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Fine imposed on Propnex Realty and JP Pepperdine for failing to make reasonable security arrangements

Financial penalties of $10,000 each, were imposed on Propnex Realty and JP Pepperdine for failing to make reasonable security arrangements to prevent unauthorised access of individuals’ personal data stored online. Propnex was also directed to cease the storage of documents containing personal data via its system until a security scan had been conducted. On 28 December 2015, the Personal Data Protection …

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Return our Surplus Value – not just CPF!

By Tan Wah Piow The Singapore government jailed 22 social activists three decades ago for being Marxists. They denied the allegations. But what was the fuss about Marxism anyway? When Marx wrote Das Capital 150 years ago, Capitalism was in its rough state with hardly any protection or welfare for the working people. While society had moved on, the character of …

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Singapore manufacturing output surges 21.3% in December

Singapore’s industrial production in December 2016 jumped up more than expected, posting its best monthly performance in at least two years, data from the Economic Development Board (EDB) showed on Thursday (26 Jan). Manufacturing output rose 21.3 percent from a year earlier, the EDB data showed. This jump was above market expectations. A Reuters poll put the median forecast at …

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Moonsoon surge expected to affect Singapore during Lunar New Year

A monsoon surge, which caused extensive rainclouds to form over surrounding region of Singapore, is expected to affect the South China Sea and our surrounding region over the next few days, including during Lunar New Year this weekend. National Environment Agency reported that the surge is forecasted to bring occasionally windy conditions with passing showers in the afternoon on Friday …

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Masagos: Singapore to find ways to take care of air pollution

According to the benchmark set by the World Health Organization (WHO) Singapore is not on track to reach its air quality targets by 2020. The Ministry of the Environment and Water Resources (MEWR) said in the past two years, Singapore fell short in meeting its targets for pollutants such as fine particulate matter (PM2.5), particulate matter (PM10) and ozone. Masagos Zulkifli, Minister …

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Dow stands above 20k, dollar rebounds

By Margaret Yang, CMC Markets The Dow Jones Index held above the key psychological level of 20,000 points last night, supported by on-going positive earnings surprises especially from financial and information technology sector. Caterpillar, Microsoft and Intel all posted quarterly earnings that are higher than Street’s forecast. However, escalating political tensions between US and Mexico accompanied by rising uncertainties may …

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