Liquidation of Coastal Oil Singapore affects at least 10 banks in SG and HK

The Standard Hong Kong newspaper reported yesterday (3 Jan) that banks in Singapore and Hong Kong are likely to suffer huge losses linked to the closure of Singapore petroleum company Coastal Oil Singapore Pte Ltd. Records from ACRA show that Coastal Oil Singapore Pte Ltd entered liquidation as of Dec 13 last year. It entered liquidation due to the sharp …

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PM says education system would prepare students for future while new grads find difficulty getting jobs

Addressing the MOE Edusave Award recipients and their families at Townsville Primary School on Sat (5 Jan), Prime Minister Lee Hsien Loong told the students and parents that the recent changes to the education system will make learning more meaningful for students. These include reducing the emphasis on academic results, dedicating more curriculum time to deeper learning, and helping students …

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Foreign teacher from Hwa Chong Institute charged in court for drugs

A foreign teacher from UK, Christopher David Burge, was charged in September last year and returned back to court today (4 Jan), where his defence lawyer said it would take four more weeks for a psychiatric report to be issued. He was charged for taking methamphetamine, otherwise known as "Ice" as well as trying to procure the drug and having …

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Grassroots leader helps build close to 5,000 BTO flats for HDB

A full-page advertisement appeared on ST today (31 Dec) congratulating Mr Von Lee Yong Miang on being conferred the Public Service Star (BBM) this year. He was also awarded the EY Entrepreneur of the Year for 2018 in the Engineering and Construction category. He is the Executive Chairman of Expand Construction Pte Ltd. His company came up top this year …

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