Daily Archives: 2019-03-20

Heng Swee Keat’s story about old HDB flats shows he is grasping at straws

The government narrative for decades was that HDB flats would continue to grow in value, giving Singaporeans peace of mind as a golden retirement nest egg. Without warning nor apology, the narrative has switched to old HDB flats not growing in value but STILL having value. Finance Minister Heng Swee Keat has given the analogy of a 25-year-old Singaporean buying …

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Double standards in ban

The issue of work passes is a contentious one in Singapore. There has been debate in relation to foreigners entering the country and questions in relation to the transparency of the laws and regulations governing this. Whether the laws governing this issue are suitable is the subject of another article. For the purposes of this article, I would like to …

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New report suggests that Singaporeans agree climate change is a major concern but do not feel they can make a difference

A new report on the Singapore public’s opinion on climate change shows that the vast majority of Singaporeans understand that manmade climate change is an urgent and serious matter, and they feel a strong responsibility to act. The public research report, commissioned by NGO Climate Conversations and carried out by Singapore-based consumer research firm Milieu Insight, surveyed over 3000 Singaporeans …

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Govt intends to seize Hyflux’s Tuaspring plant, Salim Group to reconsider company takeover

Following the Singapore government’s recent plans to seize Hyflux’s Tuaspring desalination plant, Salim Group has announced that it may change its decision to bailout the troubled homegrown water treatment firm from its massive debts through the company’s restructuring plan. Nikkei Asian Review reported on Tue (19 Mar) that Salim, leader of Hyflux’s bailout consortium, has given the company a notice …

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Ex-offenders barred from employment, contractors barred for safety violations but companies convicted of corruption still allowed to bid on government contracts because corruption was with private sector?

The Ministry of Finance (MOF) has said that the reason why ST Marine is still allowed to procure government contracts even after seven of its senior executives were found guilty of corruption in one of the biggest graft scandals in Singapore is because the Corrupt Practices Investigation Bureau (CPIB) did not find any offences related to government contracts or agencies. …

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