Daily Archives: 2018-12-17

Hyflux announces suspension of contracts following US restoration of sanctions on Iran

Amidst US President Donald Trump’s decision to restore sanctions against Iran, Singapore-based water technology company Hyflux faces the prospect of shouldering “material adverse effect” on top of its mounting debts as a result of its decision to suspend its contracts with Water Development Engineering Company (AWDEC). The suspension took place only eight months after Hyflux had been awarded a deal …

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Singapore Savings Bonds to be opened to Supplementary Retirement Scheme funds; Individual limit to double to S$200,000

Investors will be able to invest in Singapore Savings Bonds (SSB) using their Supplementary Retirement Scheme (SRS) funds starting from 1 February 2019 with the Individual Limit for SSB will be raised to S$200,000. This was announced by the Monetary Authority of Singapore (MAS) on Monday (17 December), adding that investors will be able to apply for SSB using their SRS …

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Netizen ask what to do with crane height when new height limits take effect due to implementation of Seletar Airport’s ILS

There’s been plenty of debate these past couple of weeks about the airspace issue between Singapore and Malaysia. Singapore’s Seletar Airport started using the Instrument Landing System (ILS) for plans approaching from the north over Malaysian airspace. Since Singapore’s Selatar Airport is only about 2km from Malaysia’s Pasir Gudang, the systems strict height restrictions within the flight path area – …

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Lack of open counters at Tuas and Woodlands checkpoints causes massive jams

Last weekend, a traffic nightmare came to life for travellers heading out of Singapore at both the Tuas and Woodlands Checkpoints on Friday evening and Saturday, 14th and 15th December. Several people complained to the Immigration and Checkpoints Authority (ICA) of a terrible jam and long queues and to get across to Johor that lasted for hours. One passenger told …

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Foreign Talent: Australia offers more security to expats compared to Singapore

Indian national Vicky Gautam who currently lives in Sydney posted an article on Quora recently, comparing working and living in Singapore and Australia. He has lived and worked in Singapore before. In terms of salary, he said Singapore can offer better. “Any time Singapore is better as jobs offers better remuneration or lets say in hand salary,” he said. “There …

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