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Daily Archives: 2018-04-06

Six ways for SMEs to adapt to rising wages in Singapore

by ValuePenguin Singapore is widely known as an expensive place to live and run a business. For the fifth consecutive year, Singapore was named as the world's most expensive city by The Economist. A high cost of living is typically correlated with high salary expectations, which subsequently increases the cost of running a business. Over the past five years, wage growth …

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Mahathir’s party temporarily disbanded by the Malaysian authorities

Malaysia's Registrar of Societies (RoS) director-general Surayati Ibrahim announced the disbandment of former Malaysian Prime Minister Mahathir Mohamad's political party, Parti Pribumi Bersatu Malaysia (PPBM) on Thursday (5 April), saying that the party had failed to submit required documents and information to RoS. The move is said to possibly affected the opposition Pakatan Harapan’s chances in the upcoming general election. Opposition …

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Netizens slam SMRT’s flawed interpretation for increase in operation cost, saying that it will be used to justify fare hikes

Rail operator Singapore Mass Rapid Transit (SMRT) had earlier reported a drastic 67.9 per cent plunge in after-tax profits after posting earnings of a mere S$26 million for 2017 and saw a S$55 million drop in after-tax profits from the previous year's S$81 million. In a group report, the company said that it had also recorded a decrease in total revenue …

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Freelance journalist voices out against inaccurate and misrepresenting summary by Select Committee on Deliberate Online Falsehoods

Freelance journalist, Kirsten Han voice out against the inaccurate and misrepresenting summary by the Select Committee on Deliberate Online Falsehoods of her oral evidence provided on 27 March. Ms Han wrote on her Facebook, "It's come to my attention that the summary of evidence for the session with myself, Terry Xu, Howard Lee and Shih-Tung Ngiam, and Jolovan Wham after …

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Acquittal of match-fixing charges against businessman upheld by High Court

The acquittal of businessman Rajendar Prasad Rai on six match-fixing charges was earlier upheld by the High Court on Tuesday (3 April), following an appeal by the prosecution against the decision made by District Judge Crystal Ong in July 2017. According to Judge Ong, there were reasonable doubts in statements made by the prosecution’s star witness, Shree Manish Kalra, who is also …

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