Daily Archives: 2017-02-14

Sungei Road Flea Market to close permanently after 10 July

Thieves’ Market, the oldest and largest flea market at Sungei Road, will shut permanently after  10 July, a joint statement from various agencies said on Tuesday (14 Feb). The Government will take back the site of the flea market, which is located between Jalan Besar and Rochor Canal Road, for ground preparation works for future residential development use. The joint …

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SCDF: Fire outbreak at 13th floor unit of Blk 248 Compassvale Road

Singapore Civil Defence Force (SCDF) said that a fire broke out from a bedroom and thick black smoke was seen billowing out from a 13th floor unit of Blk 248 Compassvale Road. SCDF said that it was alerted at around 4.10 pm and dispatched two Fire Engines, a Red Rhino, a Fire Bike, an Ambulance and a support vehicle to …

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MSF: Checks tightened for Tembusu Home after former employee cheated savings out of elderly residents

The Tembusu Home Help Service (THHS) for the destitute now has been given stronger internal controls and governance measures, said the Ministry of Social and Family Development (MSF) on Monday (13 Feb). The measures have been put in place after a former employee allegedly cheated seven elderly residents of more than S$252,000, Chiang Zhao Xiang, the Tembusu Home’s former assistant superintendent, was …

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STB: Tourism industry reached historical highs in 2016

Tourism industry in Singapore reaches historical highs in 2016 with breaking records for visitor arrivals, and more importantly, for tourism spend, the Singapore Tourism Board (STB) statement said on Tuesday (14 Feb). Both visitor arrivals and tourism receipts exceeded forecasts in 2016, while visitor arrivals grew by 7.7 percent to 16.4 million, tourism receipts rose even higher by 13.9 percent …

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An “unstoppable” rally for US equities

By Margaret Yang, CMC Markets The US equities rally fuelled by “Trump optimism”, is “totally unstoppable”, to borrow Trump’s own phrase about a united America. Dow Jones soared to a record new high of 20,412 and S&P 500 climbed to 2,328 points last night. Technical indicators including SuperTrend, MACD and moving averages continue to suggest a robust bull trend. Momentum …

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Dr Yaacob Ibrahim: Would have preferred an open election for President

Minister-in-charge of Muslim Affairs Yaacob Ibrahim urged the Malay community to give the elected presidency (EP) a chance to develop and allow it to evolve in response to a question during a dialogue with tertiary students on whether the upcoming presidential election is “mere tokenism”. Speaking in an event which was held as part of an inaugural Singapore Model Cabinet on Sunday (12 …

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