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Daily Archives: 2018-05-23

Mr Oon Jin Teik and Mr Jose Raymond, decide against seeking re-election at Singapore Swimming Association

Mr Oon Jin Teik, Secretary-General of the Singapore Swimming Association (SSA), and Mr Jose Raymond, its vice-president of partnerships, have decided not to stand for re-election. According to TODAY, Mr Oon, 55, decided not to seek re-election for a third two-year term at the association’s annual general meeting next month, due to his work commitments as Chief Executive Officer (CEO) of …

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14 years on, where is Lee Hsien Loong’s promise to find a successor?

At his swearing-in speech as Prime Minister on 12 August 2004, Lee Hsien Loong said that finding a successor was his “top priority”. He professed at the Istana, “We must continue to search for younger Singaporeans in their early 30s and 40s to rejuvenate the team, to inject new perspectives and to prepare for leadership succession at all levels - ministers, MPs, …

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New Malaysia government will abolish Najib administration’s Anti-Fake News Act

Malaysia's new Communications and Multimedia Minister Gobind Singh Deo has announced on Tuesday (22 May) that the Anti-Fake News Act officially gazetted in April will be abolished. Mr Singh stated that the proposal to abolish the act would be brought to Prime Minister Tun Dr Mahathir Mohamad so that it could be abolished as soon as possible, saying, "I have a list that we …

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What was the political compact between UMNO, PAP, and the people?

by Vernon Chan A democratic and liberal housecleaning is possible in Malaya Having won an unprecedented election, Tun Dr Mahathir's new administration continues to signal its intention to prosecute Najib and his cronies over 1MDB, and investigate the state agencies that protected Najib and his cronies. From his pronouncements so far, it appears Malaysia's transition to from Barisan Nasional to …

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10% cut for base salaries of Malaysian cabinet as it seeks to reduce national debt

Prime Minister Mahathir Mohamad has announced on Wednesday (23 May) that Malaysia will cut the salaries of its Cabinet ministers by 10 per cent with immediate effect as the country seeks to reduce its debt, which is in excess of RM1 trillion (SGD$337 billion) - about 65 per cent of the nation's Gross Domestic Product (GDP). Speaking at a press conference after chairing his first Cabinet meeting at …

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Ms Lum blames SG depressed electricity prices for Hyflux’s woes and hopes for sharp rebound in electricity rates

In a public statement yesterday (22 May), Hyflux Chairman and Group CEO Olivia Lum blamed the depressed electricity prices in Singapore for her company's woes. In particular, Tuaspring, an integrated water and power plant, has been dragging Hyflux's net profit down. Hyflux posted its first ever annual loss last year since listing, and continued losing into the first quarter of …

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Hyflux’s Tuaspring praised by PM Lee 5 years ago now in financial difficulties

At the official opening of Tuaspring Desalination Plant 5 years ago in 2013, Prime Minister Lee Hsien Loong praised Hyflux and Olivia Lum for their ability to come up with a "cost-efficient design" of the plant. "Hyflux won an international competition to design and build this plant. It reflects Hyflux’s capabilities in this rapidly growing industry because theirs was the most …

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Ng Chee Meng appointed as Secretary-General of NTUC

National Trades Union Congress (NTUC) has announced on Tuesday (22 May) the appointment of NTUC Deputy Secretary-General Ng Chee Meng to take over the position of secretary-general effective immediately and the resignation of Mr Chan Chun Sing from his position of secretary-general to return to the Government. Mr Chan has been appointed as Trade and Industry Minister since 1 May 2018 …

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In perverse fashion, the Malaysians might have done the PAP a favour

By Augustine Low The consensus is that the PAP government has been dealt a major blow. But in one sense, it could be argued that the Malaysians have actually gifted a favour to the People's Action Party. The toppling of Barisan Nasional after 61 years in power has certainly woken the PAP up big time. Prior to the shock election …

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