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Daily Archives: 2019-01-15

Ofo faces suspension by LTA for unable to reduce deployed bicycles and managing QR code parking system

Chinese bike-sharing operator Ofo has breached multiple regulatory requirements set by the government and has to meet them all by 13 February to avoid suspension, stated the Land Transport Authority (LTA) on Tuesday (15 January). It stated that Ofo has breached multiple regulatory requirements despite being given an ample preparation period for compliance. LTA claims that despite multiple warnings and regulatory action …

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Retired banker Chris Kuan questions SingPost’s “peak season” excuse

In response to SingPost’s public apology over their shortcomings in recent months, regular finance commentator and retired banker Chris Kuan questioned their excuse of saying “peak season” is the reason why they have been slacking in their service. Releasing a statement on their Facebook page yesterday (14 January), SingPost revealed that the November-December peak season was extremely busy for them …

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Singapore Really, Really Free Market is back again for the 10th year in a row

The Singapore Really Really Free Market (SRRFM) is a market organised by Post-Museum, a cultural and social enterprise. Based on a movement that started in America by anarchist groups in response to the ill effects of capitalism who wanted to promote a more environmentally and socially responsible lifestyle, a ‘really, really free market’ doesn’t involve money or trade at all. …

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Foreign Minister Vivian Balakrishnan warns other countries to not take Singapore for granted

Singapore’s Foreign Minister Vivian Balakrishnan warns countries dealing with the Republic to not take Singapore’s consistency, and some would say predictability, for granted. “We will always take appropriate measures to safeguard our interests. And any country dealing with Singapore must assume that it is cost-free to embark on any adventures or antics against us. There will be consequences,” he said. …

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NSS asks HDB to release full report on environmental study at Tengah

With disputes over another environmental study, this time about Tengah where forests are being cleared for public housing, environmentalists are calling for the Housing Development Board (HDB) to release the full report to the public. However, it seems HDB has no intention of doing so. Responding to queries from The Strait Times (ST), a spokesperson for HDB said that the …

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PM Lee tells Czech PM: I wore Bata canvas shoes too

Yesterday (14 Jan), PM Lee hosted Czech Republic Prime Minister Andrej Babis to an official dinner at the Istana. He told the Czech PM that Bata shoes, which originated from Czech, have strong association with Singaporeans. Even PM Lee, like the "many generations of school children in Singapore", can attest to having worn a pair of white canvas Bata shoes …

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Parliamentary questions for 15 January 2019

The Singapore Parliament will sit at 12:00 on Tuesday, 15 January 2019, for the 88th session of the 13th Parliament. *33 oral questions and 15 written question had been scheduled to be asked. There will be a Ministrial Statement from Minister for Communications and Information and Minister for Health: Government’s Response to the Report of the Committee of Inquiry into …

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ST praises CapitaLand CEO pulling of mega deal 4 months into job

Yesterday, the Straits Times published an article praising CapitaLand CEO Lee Chee Koon for pulling off a "mighty $11 billion cash-plus-shares deal" to buy Ascendas-Singbridge (ASB) from Temasek Holdings after only 4 months into his job ('Four months into job and CapitaLand CEO pulls off mega deal for property giant', 14 Jan). The deal, subject to shareholders' agreement, is supposed …

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Pritam Singh lays bare the reality – and it’s certainly not pretty!

Singapore’s biggest and most successful opposition party only considers itself to be a “small party.” And it targets to win a third of parliamentary seats (about 30) in the medium term, according to Workers’ Party chief Pritam Singh. So make no bones about it – the WP only fancies itself as a “small party” that can provide checks and balances …

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