Daily Archives: 2019-03-19

Singapore is harbouring a suspect wanted in massive trading scam, says Sri Lanka

Sri Lankan President Maithripala Sirisena has accused Singapore of harbouring one of Sri Lanka’s former central bank chiefs who is wanted in connection with a S$74 million insider trading the scam. Arjuna Mahendran, a Singapore national born in Sri Lanka, was accused in 2015 of passing sensitive information to his bond-dealer son-in-low to pocket millions. The two of them are …

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Understanding the HDB mess

by Brad Bowyer, writing as the shadow Minister* of National Development under the People’s Voice Party Current Public Housing Policy in Singapore centres around the Housing and Development Board (HDB). The HDB was set up 1 February 1960 taking over from its colonial predecessor, the Singapore Improvement Trust (SIT). Initially, it only provided rental units then in 1964 the Home …

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IMDA: Earthworks contractors to have greater clarity on the work requirements in vicinity of underground telecommunication cables

Earthworks contractors will have greater clarity on the requirements they have to comply with for projects carried out in the vicinity of underground telecommunication cables by 1 June 2019 to prevent cable cut incidents, which have been the main cause of telecom service disruptions in recent years, the authorities announced in a press release on Monday (18 March). The Earthworks …

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