Daily Archives: 2018-06-14

Overturning unfair treaties is part of good statesmanship

by Dr Ong Hean Teik The decision by the new Pakatan government of Malaysia to renegotiate unfair agreements and to postpone the high-speed railway was derided as unethical and not in keeping with ancient Chinese morality by a Singaporean analyst. In fact, ancient Chinese history is full of examples where treaties are broken and far from condemning such behaviour, they are …

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Indian billionaire accused of defrauding Indian bank of US$2.2B, believed to be on the run using SG passport

ST reported on Monday (11 Jun) that Nirav Modi, a billionaire jeweler at the heart of a more than US$2 billion fraud case in India, has fled to the UK, where he is claiming political asylum (‘Indian billionaire jeweller Nirav Modi flees to UK, claiming political asylum‘). Punjab National Bank, India’s second-largest state-run bank, announced early this year that two …

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ST reports possible gain of $700m of exposure from analyst but picks another company to report sentiments of coverage

Straits Times in its article,”Singapore may have gained over $700m in exposure as host of Trump-Kim summit: Analyst Meltwater” wrote that more than S$700 million in exposure by hosting the historic Trump-Kim summit, according to a media intelligence analyst. The report which was reproduced along in The New Paper, quoted Media intelligence firm Meltwater which has estimated that the advertising value, based on …

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Did numbers of foreign workers (passes) really decreased as what local media claims?

Did Foreign workers on passes “increased”, instead of “decreased”? The article, “Retrenchments at 5-year low, job vacancies on the rise: Manpower Ministry” from Straits Times on 14 June, states that “the labour market continued to show slight improvements in the first quarter of 2018, with retrenchment figures falling to a five-year low and the number of job openings on the rise.” …

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Now that a successful summit is over, let us not forget our own internal problems

By most measures, the historic and unprecedented summit between US President Donald Trump and North Korean ‘Supreme Leader’ Kim Jong Un is a success. The outcome has its fair share of skeptics, as former Nominated-Member of Parliament Calvin Cheng argues that the agreement “is in substance very little different from previous agreements made by North Korea”. Yet at the very least, Trump has …

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Reuters wins SOPA Award for Public Service Journalism for Story on the Rohingya Crisis

 The Society of Publishers in Asia (SOPA), a Hong Kong-based not-for-profit organization, named Reuters as the winner of the SOPA Award for Public Service Journalism for its reporting on the Rohingya crisis. The announcement was made at the SOPA 2018 Awards Gala Dinner on Wednesday evening. Now in its 20th year, the SOPA Awards are widely considered the most prestigious in the Asia-Pacific …

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