Sunday, June 30, 2002
Top Stories
Case's Wish-List For Basic Banking Services
It includes at least 18 basic transactions a month and removal of minimum balance requirement if a service fee is imposed.
Government 'May Divest Its Interest In SIA'
"The key thing for Singapore is: How do we make sure that as many airlines as possible fly into Singapore?"
News
Singapore, KL Officials Don't See Quick Breakthrough On Water
Officials from Malaysia and Singapore have downplayed the possibility of a quick breakthrough in the fresh round of talks starting today to resolve a package of outstanding bilateral issues.
No Conflict Of Interest, Says DPM
Malaysia And Singapore Seek To Resolve Water Row
A history of mistrust and doubts over Malaysia's foreign policy after Prime Minister Mahathir Mohamad's scheduled resignation late next year could set back any long-yielding agreement, analysts said.
22 Men, One Ball - And Big, Big Bets
One punter has lost almost $100,000, while another has won $10,000. But the biggest winner will be Singapore Pools.
Saturday, June 29, 2002
Top Stories
Government's Latest Move Fuels SingPost IPO Talk
Finance Minister gives up special rights; analysts say this may be prelude to public listing of SingTel's postal unit.
News
IDA Fines SingNet Over 'Misleading' Ad
It is believed to be the first penalty imposed by the IDA on an Internet service provider for a misleading ad.
21 DBS, POSB Online Accounts Hacked
DBS Bank, stumped by three cases of online theft on Wednesday last week, yesterday admitted to another 18 similar cases taking place on the same day.
Friday, June 28, 2002
Top Stories
Beware Sleeping Tigers
The departure of south-east Asia's 'big five' authoritarian leaders is welcome but they leave behind a political vacuum.
Thursday, June 27, 2002
Top Stories
Unauthorised DBS Net Banking Access: 10 Cases So Far
At least 10 unauthorised Internet transactions on the accounts of DBS' customers have been reported, police said yesterday.
Mahathir Move 'Will Not Hit Singapore Ties'
Cultural, economic and political bonds will endure even after PM steps down, Malaysian minister tells youth gathering.
Temasek Denies Link To Executive Changes
Government investment firm Temasek Holdings said on Thursday it was not involved in recent top level management changes at several state-linked companies.
News
Fixed-Line Phone Service Via SCV Network By Dec
The soon-to-be merged StarHub-Singapore CableVision (SCV) group will offer fixed-line telephone services by the end of the year over the SCV network, according to chief executive Terry Clontz.
Temasek's Role That Of A Catalyst
It is incorrect to state that 'Temasek set to play more aggressive role'.
It's A Free Shuttle To Market
Bus takes Sengkang residents to and from Seletar wet market 3 times a week, thanks to MP who heeded the complaints.
Singapore Responds To Regional Challenge
If anyone in the region can see and act on longer-term threats and challenges, it is the ruling caste of Singapore which has proved in the past adept at addressing issues before they arise and in so doing confounding the pessimists who have written off the island prematurely.
Singpaore Layoffs Slow, Jobless Rate May Hit 5.5%
The Republic has seen fewer layoffs but job availability remains sluggish and the jobless rate could hit 5.0 to 5.5 per cent this year, Minister of Manpower Lee Boon Yang said at the opening of a flight catering centre today.
Wednesday, June 26, 2002
Top Stories
Top Foreign Talent Quit Singapore Firms
Pace of resignations has picked up recently but the affected companiessay the exodus is a mere coincidence.
News
Bus, MRT Firms Spend Too Much
Rather than spending lavishly on upgrading, maybe the money could be used to offset the fare increases.
Singapore In 2nd Place In "Economic Freedom" Index: Report
Hong Kong remained at the top while the United States came in third.
Tuesday, June 25, 2002
Top Stories
Cheaper Legal Advice
Reforms to cut backlog of court cases have resulted in lower fees charged by lawyers compared to 10 years ago.
News
Why Restrict Talent Search?
A country that sees itself as an integral part of the global economy ought not to be restricting its search for talent from Jurong to Changi. Rather it should be trawling for candidates from Japan to Canada.
Bank Customers Get New Avenue To Fight Bad Service
Industry's mediation unit, appeal panel will be able to order compensation of up to $50,000 for wronged customers.
Technology
Monday, June 24, 2002
News
Singapore Pupils Go Back To Basics
Singaporean children are being taught how to do simple household chores in an effort to make them less dependent on their maids.
Switkowski Has Lee On The Ropes
The mistake Lee made in buying Optus was to assume that he could make an easy exit from pay-TV.
Technology
More Singaporeans Logging On To E-Banking
Online banking is catching on fast among bank customers here, but most online transactions are confined to bill payments, fund transfers and balance enquiries.
Sunday, June 23, 2002
Top Stories
Commuters 'Worse Off If Bus And Rail Firms Lose Money'
Transport Minister says if operators were making losses they would cut corners, resulting in a reduced quality of service.
News
One Resaturant, 7 Eateries
Colours By The Bay at Esplanade not only gathers seven restaurants under one root, but also allows customers in one eatery to order items from another.
Saturday, June 22, 2002
Top Stories
Where Local Davids Go To Take On Their Goliaths
More than 2,000 letters are sent every month to The Straits Times Forum Page. Deputy Prime Minister Lee Hsien Loong recently lauded its contribution to the policy-making process. Our correspondent examines its appeal.
News
PM: It's Singapore's Choice
Malaysia has no problem if Singapore decides not to buy raw water from Johor because this will mean that the state can be assured of adequate water supply in future.
PTC Tries To Minimise Fare Hikes' Impact
The PTC would like to assure readers that it has always sought to balance the interest of public-transport users with the need for bus and train operators to remain financially viable.
Small, Close Group Of Appointees Not GOod
The process of appointing persons to important positions within the Government seems to be narrowed down to and decided within a small fraternity of notables.
$2 Is Great, But Why Charge At All?
More than 50 people polled welcome the move to slash Sentosa's admission fee, but some wonder why it is still not free.
Friday, June 21, 2002
News
Singapore Commits $3b To Revitalise Sentosa
The one-time jewel in Singapore's tourism crown has been struggling in recent years, with attractions being run down and some of them closing.
KL Says Water For Singapore Until 2161 If Price Is Right
Malaysia is willing to supply water to Singapore for another 100 years after the current pact expires 2061, but the city-state must be open to paying a higher price, a minister said today.
Thursday, June 20, 2002
Top Stories
Up To 20,000 May Lose Jobs This YEar
Dip in retrenchments recently might be temporary, says NTUC, as unions expect the pace of layoffs to pick up.
Wednesday, June 19, 2002
Top Stories
Six New Faces Chosen To Serve As Nominated MPs
They will be among the constitutional maximum of nine NMPs; appointments meant there are 15 women in parliament.
Technology
Dial A Cab And SingTel Will Locate You
More than one million SingTel cell-phone users can now book a Comfort cab through an automated system that can detect the caller's location.
Tuesday, June 18, 2002
Top Stories
Q&A: Singapore's Premier On The Power Of The Lee Family
Goh discussed the family's hold on business with Singapore Bureau Manager Michael Shari.
Can Ho Ching Fix Singapore Inc.?
She's the ultimate insider, but putting her in charge of Temasek Holdings might make sense.
News
Customers Blame Banks For Internet Banking Inertia
Don't blame us, blame the banks. That's the reaction of The Business Times readers to a survey that said Singaporeans' risk-aversion has caused the relative failure of Internet banking here.
When Services Are Neither Public Nor Private
Governments can say that they did not have responsibility for the services, and the private providers can say that they merely did what the government wanted. In the end, not just democracy but the taxpayer may also be the victim.
Public Transport Needs More Public Scrutiny
Fare adjustment proposals are presented only to the PTC currently. They should be put into the public domain, too.
Radio Station In Trouble Again, Over Ad
The Singapore Broadcasting Authority (SBA) has told UFM 1003 to stop running a television advertisement, saying it had breached the Television Advertising Code by 'suggesting implicitly' that the station was better than rivals Love 97.2 FM and YES 93.3 FM.
Monday, June 17, 2002
Top Stories
Ball Now In Singapore's Court
Malaysian Foreign Minister Syed Hamid Albar said yesterday that it was up to Singapore whether to accept or reject Malaysia's water price formula that he would put forward to his Singapore counterpart during meetings here on July 1 and 2.
Technology
Tech Slump To Dull Buzz At CommunicAsia Trade Show
Glitz and gadgets will again feature at this year's CommunicAsia in Singapore, but the annual trade show may lack the usual buzz as more companies opt out and the recovery in the high-tech industry remains patchy.
Sunday, June 16, 2002
Top Stories
Call To Restore Vital Park Of Toa Payoh
Half of the town park was used for a temporary bus terminal and residents now want their green space back.
In Censorship, It Should Be A Matter Of Choice
Singaporeans are more alike today than beofre. Yet, they are also more different.
News
Tech-Averse Singaporeans Give Banks Hard Time
Remote channels like the Internet remain unpopular: survey report.
News Has To Be Presented Farily And Accurately
There could be separate broadcast programmes which are commentary pieces or personal columns.
PM Goh Hopeful Of Fixing Water Price With KL
On Malaysia's plans to present a formula to fix the price of water it supplies to Singapore, Mr Goh said that it would be good to have 'a formula which can stand the test of time'.
KL To Table Water Price Formula At Talks
Says formula could prevent future disputes; Malaysia also preparing claim to Singapore island of Pedra Branca.
Friday, June 14, 2002
Top Stories
It's Time To Open Up The Public Transport Business
A group of leaner and hungrier operators may improve efficiency and benefit consumers.
Taiwan Will Not Prosecute SQ 006 Pilots
Prosecutor says they are excellent pilots who had expressed their sympathies to victims' families through newspaper ads.
Singapore Jobless Rate To Continue Rising: Report
Singapore's escalating jobless rate is unlikely to be arrested until next year despite signs of improving economing indicators, according to a government report released today.
News
Bank Fees And Interest Income Linked
As the derivation of interest income appears to be impossible without the incurring of such charges, there is clearly a link between the two.
PTC's Formula Removes Need To Cut Costs
A formula that is based solely on the cost structure provides little incentive for transport companies to control or cut their costs.
HSA Knew Slim 10 Had Nicotinamide, Says Importer
Copies of test results were submitted to HSA, as part of the approval process.
Thursday, June 13, 2002
Top Stories
Choosy Older Workers Quit New Jobs
Of the 2,000-odd jobless who found work through government scheme launched last July, a third had resigned within six months.
Tuesday, June 4, 2002
Top Stories
Is SIA Planning An Aussie Airline?
Global airline group Star Alliance is looking to back one of its members to launch a third domestic carrier in Australia - with member Singapore Airlines (SIA) tipped to be a front-runner.
News
$388-m Payout: What Next, IDA?
In their pursuit of the PS21 goal for a high-quality public service, public servants should not hide behind their mistakes.
Slim 10 Victims Can Sue
Lawyers say those who developed health problems from drug could take importer, manufacturer or distributor to court.
Monday, June 3, 2002
Technology
Singapore Ejects Industry Plea To Drop 3G Deadline
An appeal by Singapore telecoms operators to axe the deadline for the launch of 3G networks has been rejected, the Infocomm Development Authorkity said today.
Sunday, June 2, 2002
Top Stories
Singapore To Deal With Jakarta If It Wants Sand
A presidential decree last week took away the Riau administration's right to grant extraction licences and recentralised the process under the Trade and Industry Ministry.
News
Want To Run An HDB Carpark?
The board said that if there are operators interested in running its carparks, it would be most happy to let them do so.
Clouds Have Not Cleared For Singapore's Manufacturing Sector
Despite Singapore's manufacturing sector posting a surprisingly strong showing in April, economists say the linchpin of the country's economy continued to face a cloudy future.
Singapore Lawyer Happily Represents Thieves And Even Terror Suspects - But No Dissidents, Please
"Lawyers here are too scared for their own livelihood."
Herbal Medicine Kills Singapore Slimmer
A number of people have been taken ill after taking the pills, but the woman's death is the first reported since the authorities in Singapore ordered their withdrawl.
'Bring Justice For Me If I Die'
SLIM 10 has claimed its first life, and the victim made it clear that justice must be done.
Singaproe To Keep 13 Terror Suspects Behind Bars
Singapore says it will continue to detain 13 Muslim men without trial for allegedly plotting to bomb U.S. targets in the city state.
Saturday, June 1, 2002
Top Stories
SingTel Seeks To Block StarHub-SCV Tie-Up
It urges IDA to reject merger application, claiming that the proposed eal runs the risk of being anti-competitive.
News
Heads Should Roll For Error
Shouldn't heads roll in this case, and some people in the then-Telecommunication Authority of Singapore responsible for this 'mistake'?
CPF Change 'Won't Hurt Property Market'
"Whatever we do, whatever measures we take, it is clear we don't want it to have a depressing effect in the property market over the short to medium term."
Entertainment
Korean Kicks
While the World Cup matches stimulate your sense of sight, let your tastebuds be bowled over by spicy and robust Korean food.
'Ducks' Give Tourists Something To Quack About
Look out for amphibious coaches that take tourists through the city before slipping into the water for a leisurely boat ride.