Daily Archives: 2018-11-05

ComfortDelGro strengthens foothold in Australia with largest acquisition to-date

ComfortDelGro Corporation Limited is acquiring Buslink, one of Australia’s largest privately-owned bus businesses, for A$190.9 million (S$187.0 million), the company announced in a press release on Monday (5 November). The company noted that the acquisition will be the Group’s largest acquisition in the country to-date. The acquisition of Buslink Pty Ltd, Buslink Southern Pty Ltd and their 11 corresponding depots, …

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PRPTC resident questions town council on decision to spend on non-estate expenses without asking residents, by engaging SC Davinder Singh

Mr Augustin Lee Zixu, former People’s Power Party candidate for Chua Chu Kang GRC in GE2011, posed several questions regarding the source of funding in relation to the legal fees incurred by the Pasir Ris-Punggol Town Council (PRPTC) in the high-profile lawsuit against three Workers’ Party (WP) Members of Parliament (MPs) who are town councillors of Aljunied Hougang Town Council …

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Six-months trial to enhance security screening at selected MRT stations

A six-month trial for enhanced security screening at selected MRT stations across all rail lines will be commenced from 12 November 2018, announced the Land Transport Authority (LTA). In a press release on Monday (5 November), LTA stated that some commuters may be required to use a walk-through metal detector and pass their belongings through X-ray scanners, before entering the …

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Visually impaired resident receives $80 monthly allowance in spite of MSF’s claims to provide for the “basic needs” of people with disabilities?

Hot on the heels of the release of the Occasional Paper by the Ministry of Social and Family Development (MSF) last Thursday (1 Nov) which entails the Government’s approach in providing for the “basic needs” of people with disabilities and those who are chronically ill, a photo detailing the monthly allowance received by a “blind resident” from the Singapore Association of the …

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Bank Indonesia and Monetary Authority of Singapore establish US$10 billion bilateral financial arrangement

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have established a bilateral financial arrangement of USD 10 billion equivalent, which will enable the two central banks to access foreign currency liquidity from each other, if needed, to preserve monetary and financial stability, MAS and Bank Indonesia announced in a joint press release on Monday (5 November). According to …

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Disappearing statistics on train reliability?

Is the rhetoric of “improved rail reliability” due to the selective disclosure of the statistics? I refer to the article “Rail network has achieved new level of reliability: Khaw” (Straits Times, Nov 3). It is reported that Transport Minister Khaw Boon Wan, speaking at the seventh Joint Forum on Infrastructure Maintenance on 2 Nov, disclosed that the overall system has …

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