Wednesday, July 31, 2002
News
Quick Switch For HDB Shop Tenants
HDB has simplified the procedures for shop tenants wanting to change company names or the type of business.
Tuesday, July 30, 2002
Top Stories
Will Water Stay A Security Issue? Jury's Still Out
Those at a think-tank discussion are divided over whether the supply will become just a commercial matter in ties with Malaysia.
News
Fined Singapore Politician Loses Chance To Stand In Poll
Singapore opposition politician Chee Soon Juan lost his chance to contest the next general election when he was slapped with a fine on Tuesday for spearking in public without a permit.
Monday, July 29, 2002
News
Technology
More Information Needed On Net Hacking
How can users of Net banking learn from breach if the police do not shed light on how it occurred?
Sunday, July 28, 2002
Top Stories
Address Conerns Of The Elderly, Panel Urges
The 'Beyond Credit Cards' workgroup of the Remaking Singapore committee sees enhancing social cohesion as crucial.
Singaporeans Seek The Good Life In JB
Attracted by the large, affordable houses, low cost of living and more relaxed environment, Singaporeans are moving across the Causeway.
News
EZ-Link Report Card: Fewer Glitches With Card Now
Some bus commuters still have problems with the new fare-paying system, but number of refunds given has been falling.
Esplanade Centre Turns To Government For Funding Aid
The company running Singapore's newest theatre complex at the Esplanade looks set to be in the read - and the government may lend a hand.
Getting A Raw Deal From Raw Fish?
Eating cockles came under scrutiny recently due to the rise of Hepatitis A cases. Should one also be wary of eating other raw food like the much-loved sashimi?
Getting More Than Just 'Civil Service'
Public-sector agencies are raising service standards in a bid to shed their one-size-fits-all image.
Kampung Boys Across Causeway All Grown Up
In many aspects, the Malaysian capital has charms exceeding our city state, which go beyond the boulevards and avenues.
Saturday, July 27, 2002
News
High Standard Of Service In HK An Eye-Opener
This dynamic spirit in the provision of service is missing in Singapore.
Women Treated Equally In Civil Service
The lack of women in the Cabinet and the top level of the public sector is not evidence of discrimination.
Friday, July 26, 2002
News
Thursday, July 25, 2002
Top Stories
Water A Matter Of Business
Malaysia has no political agenda in wanting to increase the price of water it supplies to Singapore, but is looking at the isue commercially, said former Malaysia Deputy Prime Minister Musa Hitam.
News
Remaking Singapore
Some things to wish for.
Competition Spurs Malaysia And Singapore
Complementary developments can benefit both and should be takeni n a positive light, said ex-Malaysian DPM.
Wednesday, July 24, 2002
Top Stories
Wage Freezes Point To Lingering Recession In Singapore: Report
A growing number of Singapore companies are imposing wage freezes and pay cuts, according to a survey out today pointing to deep pessimism about prospects for an economic rebound this year.
News
MAS Reviewing Guidelines On Car Financing
The Monetary Authority of Singapore is examining current guidelines on car loans to see if they are still relevant, and could come to a decision soon.
Tuesday, July 23, 2002
Top Stories
HDB May Ease Rules For Flats 'Going Private'
Mah Bow Tan said MPs were 'reasonable and logical' in asking for the end of rules for HDB flats.
Singapore To Import KL Water Only If Cheaper Than Filtered Waste Water
Singapore will use the price of water reclaimed from sewage as a bargaining chip in its sometimes contentious negotiations with neighbouring Malaysia over the price of future water imports, a minister said today.
Singapore Tells KL It Can Be Self-Sufficient With Water Needs
Singapore said today it will be able to let one of two water agreements with Malaysia lapse in 2011, serving notice the Republic is increasingly becoming self-sufficient for its water needs.
News
Seniority Wage System 'Flawed'
Lim Boon Heng defends unions' support for CPF rate freeze, citing older workers' difficulty in finding jobs after layoffs.
Unwise To Have Only Two Local Banking Groups
To do so will be to court economic suicide.
Singapore June CPI Up 0.10%
On a year-on-year, consumer prices were mostly higher, except for housing.
Monday, July 22, 2002
Top Stories
Government Cuts Apron Strings With Home-Loan Policy Shift
If a wrong move by you means eating into the saving for your golden years, then it is a fate you have to face up to.
News
Civil Service Plans CPF Top-Up For Older Staff
CPF Cuts: Fast Action Or Quick Fix?
Freezing CPF contributions a wquick fix that won't secure jobs if seniority-based system not addressed, warn some MPs.
Private Feeder Services Allowed On Trial Basis
Private bus operators who wish to run feeder services in HDB towns must meet the same service standards that are imposed on public bus operators, Transport Minister Yeo Cheow Tong said.
Government Accepts All Proposals On CPF, HDB, Taxation
The government on Monday accepted all the proposals made by the Economic Review Committee's sub committee on taxation, the CPF system, wages and land.
Singapore Denies Local Air Buy
Singapore Airlines has dismissed a report that it is backing a consortium that is preparing to enter the lucrative but failure-strewn Australian domestic aviation market.
Sunday, July 21, 2002
Top Stories
Disagreement On Special Account 'Default' Option
Work group members say they wanted default option to be a pension fund.
Transport Firms Make Big Profits... Or Do They Really?
What was the total value of the assets deployed to generate the profits? In financial parlance, this is called return on assets (ROA).
HDB Shelters Can Withstand Great Impact
In case of a bomb attack, the airtight shelter with its 25-cm-thick walls can protect home owners from blasts, debris and chemcial attacks, said the Singapore Civil Defence Force yesterday.
News
Merrill: What If CPF Can't Be Restored?
"Few of the longer term, big issues in Singapore have been addressed."
CPF Pension Plan Proposal Worries Funds Industry
Hug source of funds for unit trusts seen drying up.
Zoo Exodus Blamed On Management Style Clash
Uneasy integration with Jurong Bird Park responsible for departures of the top brass, say past and present employees.
PM To People: Snap Out Of Gloom
Focus on Singapore's bright economic future instead of issues like the transport-fare hikes, says Prime Minister.
Syed Hamid: Loopholes In Water Pact Must Be Plugged
There cannot be any new deal with Singapore based on the water agreements signed in 1961 and 1962 because they have several weakness and loopholes, said Foreign Minister Datuk Seri Syed Hamid Albar.
Recession-Hit Singapore Embraces The Blues
Singapore embraced the blues on a steamy summer night, looking to ease the pain of its worst recession in 37 years with plenty of cold beer and an outdoor air conditioning system.
Government Offers More Options For Top Scholars
To get more exposure, they can do private-sector stint overseas and move on to do management and policy work.
Friday, July 19, 2002
News
Proposed CPF Property Cap Inconsistent: Daiwa
The proposal to cap withdrawal limit at 120 percent of property value appears to be inconsistent with the government's aim of discouraging over-investment in property.
Keep Up Or Lose Licence, Doctors Here Told
They need to earn points through courses or self-study programmes to ensure their skills and knowledge get upgraded.
Safe Singapore Hit By Crime Wave
The Singaporean authorities are worried that their city's reputation as one of the world's safest may be in jeopardy.
SIA In Taipei Airport Mishap
Taiwan aviation officials say a Singapore Airlines plane was on the wrong taxiway at Taipei airport — the scene of a deadly SIA crash in 2000 — when its wing hit two objects before taking off.
Thursday, July 18, 2002
Top Stories
Singapore MAS Warns Of Rising Inflation
The Monetary Authority of Singapore has warned that the government's decision to raise goods and service tax to five percent next year could push inflation up to two percent from around zero this year.
News
20% Extra In Retirement Savings
1 In 2 Borrowers May Be Affected Once CPF Cap Kicks In
And once the proposed 120 percent cap is in place, nine ouf of 10 borrowers may be affected.
Wednesday, July 17, 2002
News
Low-Wage Earners May 'Spend It All'
Unionists raise this concern due to workers getting more take-home pay under CPF minimum-wage proposal.
Tuesday, July 16, 2002
Top Stories
Consumers' Confidence Takes A Dive
Pessimism a result of 'convergence of negative news', including job losses, transport fare hikes and GST increase.
News
Bank Loans For Some HDB Buyers
Those who do not qualify for subsidies may soon be allowed to turn to banks to get mortgage loans at market rates.
Singapore's Water Reclamation 'World's Most Advanced'
Singapore's water reclamation platn, which produces water that has been proven to be cleaner than tap water, is possibly the most advanced in the world.
Need A Mate? In Singapore, Ask The Government
Singapore's Social Development Unit and programs like it have helped earn this tiny nation a reputation as the ultimate nanny state.
Monday, July 15, 2002
Top Stories
Employees Unhappy With Lower Pay Ceiling
Businesses welcome proposal to lower ceiling to $5,000 but top earners say move will result in less CPF savings.
Refocusing The CPF System For Enhanced Security In Retirement And Economic Flexibility
CPF should continiue to cater to the three key needs of retirement expenditure, healthcare and home ownership.
News
A Fine Balancing Act
The proposals, which retain the main pillars of the CPF scheme, are realistic.
Doubts Linger Over Job Prospects
Older workers were not convinced that a lower CPF rate would improve their chances of finding re-employment.
Banks May Become More Cautious In Giving Loans
Analysts say bank will weigh the fact that older borrowers won't have as much of their CPF in paying loans as before.
Bringing The CPF Back To Its Roots - Carefully
It is clear that the committee was quite concerned with one element of arguably the world's most successful pension-fund system: The reliance on property as an asset.
Taxpayers Bear Cost Of Rectification
Without accountability, civil servants may use public funds freely to try out new designs without in-depth analysis.
SyBase ASE To Ship This Week
The Early Adopter Program provides free use of ASE 12.5 on Mac OS X with free newsgroup support until the product is generally available in September.
Singapore CPF Proposals Put Emphasis On Retirement Security
A Singapore government economic review panel today proposed widespread changes to the compulsory state pension fund, aimed at ensuring people have enough cash for retirement.
Sunday, July 14, 2002
Top Stories
CPF Hike May Start Next Year: NTUC Chief
The employers' CPF contribution rate to stay unchanged this year.
First Taste Of Opposition Politics Leaves Singaporeans Frustrated
Singapore's first taste of strident opposition politics, de facto though it may have been, has left the electroate with the frsturated impression that despite all the noise nothing happened.
News
Operators May Lose Seats In PTC
Minister Yeo won't give a firm 'yes' but says the tree execs in the council can be resource people rathe rather than members.
New Life For Old Parliament House
The National Arts Council is planning to turn about 940 sq m of space in the old Parliament House into a food and beverage-cum-retail development.
Singaporeans Don't Expect Free Lunches
And if there is no 'free lunch', then who paid the bill for the $388 million mistake by the IDA?
Cabinet Should Not Sideline MPs
HK Comparison Unfair
Do not assume that the situation in other counrties is similar to that in Singapore.
PAP Backbenchers Should Get Out Front
The hitherto cosy closed-door sessions between ministers, bureaucrats and backbenchers kill the MPs' credibility and breeds public cynicism towards the political process.
Fares Too High? Hop On A Free Bus
Amid rising public-transport fares, a growing number of shopping malls and hotels are offering free shuttle services.
Jakarta Has To 'Shed Big Country Image'
Indonesia has to shed its self-imposed image of acting like a 'big country' in its relations with Singapore, a respected scholar said yesterday.
Technology
Old iMac To New iMac
AppleCentre@Orchard is offering a trade-in program for old DV iMacs.
Saturday, July 13, 2002
News
RI-Singapore Relations Suffer From Misperception
Indonesia and Singapore's bilateral ties suffer from public misperception about each other, while new challenges affecting the region have emerged that must be tackled together, foreign policy experts from both sides said on Friday.
Friday, July 12, 2002
Top Stories
Principals Held To Account Even For Honest Mistakes
There is an obvious contradiction in the two positions.
News
Can Singapore GLCs Succeed Overseas?
CPF Deductions Provided For Under Law
DPS is provided for under the CPF Act.
Singapore Won't Agree To One-Sided Water Agreement: DPM Lee
Deputy Prime Minister Lee Hsien Loong has said Singapore will not give in to a one-sided water agreement with Malaysia.
Rep: Time For Senai Airport To Go International
ìWhile the Singapore market should not be neglected, we now have to explore further and attract the foreign tourists to land here instead of Singapore."
Singapore Firms Becoming More Family Friendly To Promote Productivity
Singapore companies are seen to be investing more in the welfare of their staff as a way to boost productivity as they struggle through the Republic's worst recession.
Thursday, July 11, 2002
Top Stories
Singapore On Recovery Path But Pace May Slow: MAS
Optimistic but cautious. This sums up the Monetary Authority of Singapore's assessment of Singapore's recovery prospects.
Private Operators Keen To Run Feeder Bus Services
Following call made in parliament, 2 firms have shown interest.
News
All 21 DBS Hacking Victims Were Broadband Users
Broadband's fixed charges lead many to leave PCs logged on permanently.
IDA Must Make Amends For $388m Mistake
Auditor-General Uncovers 35 Lapses In Government's Accounts
Some ministries and stat boards had failed to collect money owned or overpaid for services, others had over-collected fees.
Unemployed Singaporeans Picky Over Work Conditions
Retrenched Singaporeans are willing to take a smaller wage cheque and even switch careers to find a job but they are less flexible when it comes to working conditions, a government report said today.
Wednesday, July 10, 2002
Top Stories
Hikes Stay But Minister Takes MPs' Point
Yeo Cheow Tong took up MPs' suggestions to re-examine the make-up of the pTC and ocnsider whether transport company officials should be members.
News
Too Early To Say Recovery Is Here
Operators To Cut Ez-Link Failure Rate
Transport Minister Yeo Cheow Tong said yesterday he has asked transport operators and TransitLink, which issues the card, to reduce the error rate.
Clear Signal Of Recovery Ahead
Singapore's economy has bounced back strongly, with a healthy 3.2 percent growth for the April-June quarter, after a bleak 12 months of shrinkage.
SCV To Stop Airing Malaysian TV Channels
The move came because the suppliers of foreign movies and dramas have only given rights to the two stations to show these programmes in Malaysia, but not in Singapore.
Tuesday, July 9, 2002
Top Stories
Onus On GLCs To Prove Critics Wrong
Because the parent body talks about helping its GLCs grow, some in the business community already fear that Temasek's firms will "cream off" even more from the private sector.
Transport Companies Can Afford To Delay Fee Rise: Soo Khoon
Mr Tan Soo Khoon (East Coast GRC), who tabled a motion asking for a review of the hike in bus and train fares, yesterday charged that the fare rises had become a 'lightning rod' for the people's unhappiness over the recent spate of fee increases.
News
Better Services Come At A Price: Khaw
Mr Khaw Boon Wan, the Senior Minister of State for Transport and Information, Communications and the Arts, yesterday explained why people were wrong about the reasons for the increases and why members of the Public Transport Council do not deserve the abuse that has been thrown at them.
MPs Scrutinise Bus, Train Fare Hikes
They question need for increases when people are struggling financially but transport companies are making profits.
Singapore Relaxes Nanny Law For Malaysian Caregivers
Expectant mothers in Singapore can now apply instantly for permits to bring in Malaysian nannies or choose from a growing pool of local nursemaids, the Manpower Ministry said today.
Monday, July 8, 2002
Top Stories
SAT Will Still Be Introduced
Singapore universities will proceed to introduce the American Scholastic Assessment Test 1 as an admission requirement from next year, despite impending changes to the SAT test.
News
Malaysia To 'Rework' Water Price Hike: Syed Hamid
Malaysia is to 'rework' its earlier proposal to jack up by 100 times the price of raw water it supplies to Singapore because the Republic has not accepted it, Malaysian Foreign Minister Syed Hamid Albar indicated yesterday.
Wear And Tear Or Shoddy Work?
MPs want the HDB to take responsibility for ceiling problems but the authorities say it is up to residents to fix the defects.
12 Bills Passed, But So Many Missed Chances
On a day in which the fare-hike debate did not materialise, MPs failed to ask vital questions and got unsatisfactory replies.
Campus Of New Poly Has No Lecture Theatres
Instead of a lecture-tutorial system, Republic Polytechnic will use approach allowing students to learn by solving problems posed by teachers.
IDA Error Should Not Be Excused
If this mistake goes unpunished, it will only encourage a culture where civil servants think they can simply make decisions without taking any care, because they can go about making mistakes without ever having to account for them.
Agreement On Water Will Clear Way For Other Issues: KL
Malaysian Foreign Minister Syed Hamid Albar today said solving the water issue with Singapore will pave the way for a settlement of other outstanding bilateral issues.
Asia Embarks On Single Currency Voyage A La Europe
Five years after the Asian crisis, the contours of a future regional currency regime are starting to emerge with a study that calls for the creation of a currency basket system and ultimately a single Asian currency.
Sunday, July 7, 2002
Top Stories
Young Singaporeans More Liberal In Their Attitudes
Although the finding is a cause for concern, said Acting Minister of Community Development and Sports Yaacob Ibrahim, it is too early to sound alarm bells.
News
Residents Slam Design Of Sengkang Blocks
They say covered linkways let rain in, many of the block signs are hidden from visitors and lift lobbies are in constant darkness.
Malaysia Reveals Asking Price For Water
Foreign Minister Syed Hamid Albar said when the two countries meet again for talks next month, Kuala Lumpur plans to give Singapore a 'notice to review prices', to sell untreated Johor water at 60 sen (S$0.28 cents) per 1,000 gallons between now and 2007.
Saturday, July 6, 2002
Top Stories
Probe Into Web Articles Spooks Net Community
Police investigations into five allegedly defamatory postings leave some users wondering if they would be targeted next.
News
Online Bank Suffers Chinese Takeaway
Subsidising Public Services Is Ruinous
Subsidy is kept to only capital expenditure. The government stays away from subsidising the consumption aspect of public transport.
Public Money, But Who Does Public TV Serve?
Should Ah Lee pay for television programmes which only Ali wants to watch?
IT Workers Likely To See Higher Salaries
Two in three companies expect to raise salaries 3 to 4 per cent this year, while the rest have projected a wage freeze.
Coming Soon: More Screens Near You
Relaxed advertising rules and increased spending on ads have pushed up demand for giant video screens around the city.
Friday, July 5, 2002
News
Thinking The Unthinkable
Economic integration between Malaysia and Singapore may seem far-fetched today but could one day become a mutually beneficial reality.
Building A Whole New Mindset
Singapore needs to revitalize its economy. But to do so means changing the way everyone thinks, from people in high places to the person on the street.
Thursday, July 4, 2002
Top Stories
Targeted 40% CPF Rate Not Excessive: DPM Lee
"There's a reason why we have a high savings rate ... 40 per cent contribution to the CPF looks high, but don't forget it includes the housing and healthcare elements."
News
IDA's $388m Error An Honest Mistake
A lesson has been learnt from the error. But it would be inappropriate to punish the review committee or any of its members for it.
IDA Will Ensure Similar Errors Don't Recur
IDA has determined that this was an isolated, not systemic, mistake. It was not the result of a systemic error or negligence on the part of the officers responsible.
Why Must Singaporeans Control Banks Here?
By watching on the sidelines as the global banking world consolidates, we run the risk of joining the game late.
Sentosa Plans Lower Admission Rates, Cheaper Drive-In To Attrack Visitors
The island hopes to start charging just $2 from as early as September in time for the one-week school break.
Entertainment
Reinventing The Kopitiam
How three coffeeshops have re-styled themselves to preserve the local breakfast of kaya toast, half-boiled eggs and a strong cuppa.
Wednesday, July 3, 2002
Top Stories
Water Price Backdating Not Possible: Sources
The current water agreements between Singapore and Johor do not provide for any backdating of the water price should a review be done now, well-placed sources say.
News
Price No Longer A Weapon In Telco War
When MobileOne (M1) cut its prices last week, the three other telecommunications operators just shrugged it off.
Tougher Now To Have Number Portability
Hongkong software experts involved in implementing the service in the special administrative region said that the choice would add millions of dollars to the $100 million it is expected to cost should they decide to implement mobile-number portability (MNP) here.
Singapore's Temasek To Cut Stakes In Some Firms
Temasek Holdings, the Singapore government's investment agency, said today it would hold on to companies with strategic interests such as utilities, reduce its stake in some and even divest businesses that are no longer relevant.
Singaporeans See Red Over Series Of Price Hikes
Singaporeans, accustomed to living a relatively comfortable life, are up in arms over a spate of price rises to essential services at a time when wages are being cut and jobs lost.
Singapore Muslim Activist Under Defamation Probe
Singapore police are investigating a local Muslim rights activist for criminal defamation after he posted several articles about prominent politicians and personalities on the Internet.
Tuesday, July 2, 2002
Top Stories
KL Seeking To Settle Water Pricing Separately
Malaysia yesterday signalled an intention to de-link the price of the water it currently supplies to Singapore from other items in the package of outstanding bilateral issues.
KL, Singapore Talks On Water Pricing End Without Agreement
The foreign ministers of Malaysia and Singapore ended two days of talks today without resolving disputes over water prices and other long-standing issues.
News
Future Payouts Won't Include Tax Element: IDA
Infocomm Development Authority said yesterday it has learnt from its $388 million mistake and will not in future include provisions for tax in any compensation it has to pay.
Singapore Employers Cautiosly Hiring
Firms reviewing talent pool and trying to attract people who can add value: consultant.
Singaporeans Must Control Singapore Banks: DPM
But if size becomes a critical success factor, then MAS would have no choice but to let them 'marry somebody outside'.
Requests Not Met, So Singapore Did Not Back Taiwan Bid
Singapore did not support the accession because Taiwan had discriminated against Singapore by not offering it some concessions under the GPA.
IDA Should Account For Negligence
If our senior civil servants are to have their salaries pegged to those in the private sector, they will have to accept similar responsibilities.
Singapore Inc Set To Chart New Course
Singapore's investment arm Temasek Holdings is expected to signal its intentions toward some of the 40 major companies under its charge when it unveils a new charter or mission statement on Wednesday, analysts said.
Malaysia, Singapore Unveil Pricing And Supply Plan On First Day Of Talks
Syed Hamid said yesterdayís meeting went very well and was held in a cordial manner. However, he cautioned that the meeting would not be able to settle all the issues in the package.
Monday, July 1, 2002
News
Stop Justifying, And Listen To The People
What the public and consumer wanted was a consideration. What they got was not even an explanation, but a justification.
Prove Bank's Negligence To Get Compensation: Lawyers
Although the issue of 'who pays and when' depends on the terms of the contract you sign, most contracts give the banks the upper hand.
Singapore, KL Cautious About Reaching Pact At Talks
The ministers expressed cautious optimism that an agreement could be reached over two days of talks that would settle differences over water, the use of Malaysian air space by Singapore's air force, a proposed bridge, and the location of customs and immigration facilities.
Malaysia And Singapore Grapple With Water Dispute
Malaysia and Singapore began talks on Monday to try to seal a tricky deal on water supply for Singapore, the thorniest bilateral issue between the two neighbours.