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     People: News 2006

 

    News

    2006

     - The Neptune restaurant closes after 34 years in business

     - Marina Bay and Orchard Road Countdown 2006/2007 events

     - Web surfing in Singapore largely back to normal

     - Damaged undersea cables cause slow Internet access in Singapore

     - Singapore launches world's first commercial 100Mbps residential broadband service

     - Singapore hit by heavy rain and flash floods

     - M1 offers free wireless broadband service at Parco Bugis Junction

     - AMK Hub set to open in Ang Mo Kio in early 2007

     - Singapore Public Holidays 2008 - Tentative List

 

Conditions of Employment 2006

"The 5-day workweek is the norm, with higher share of employees now on this arrangement than two years ago. Close to two in five (40%) full-time employees in the private sector worked 5 days a week in 2006, up from 34% two years ago.
"Lagging significantly behind, were the 5½-day (15%), 6-day workweek (16%), and shift work (17%) each accounting for less than one in five employees in 2006..."

More.....

 

What really happened with Chee in prison

"Coincidentally, on the day that Chee stopped eating (28 Nov 06), the SDP website posted a statement ^Dr Chee Soon Juan¨s health deteriorates in prison ̄ and started to purvey the story that Chee was unwell because of his treatment in prison.
"Soon after that, several foreign Non-Government Organisations (NGOs) wrote to express concerns similar to that purveyed by the SDP over Chee¨s health and his treatment in prison.
"Then just as strangely as Chee had stopped eating on 28 Nov 06, Chee abruptly resumed eating his meals on 4 Dec 06. He ate his dinner ordered from a menu of choices at Changi General Hospital...

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Higher school fees for PRs and foreign students

"From January 2007, PR in Government and Government-aided schools, junior colleges (JCs) and the centralised institute (CI) will pay about 20% more for school fees. They currently pay the same fees as citizens at the secondary and pre-university levels.
"FS, whose fees are already higher than those for citizens and PR, will have their fees increased by about 30%. The new fees for FS will take effect two years from now (2009 ), to give time for them to decide if they wish to apply to become permanent residents..."

More....

     - Central and northeast Singapore experience tremors

     - Singapore-Cambridge GCE 'N' Level 2006 Results

     - Police nab armed robber preying on convenience stores

 

Labour Market 3rd Quarter 2006 Report

"Cumulatively in the first nine months this year, the economy added 124,500 workers, surpassing the gains of 113,300 for the whole of 2005. This employment creation is the highest ever recorded1..."

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     - Withdrawal of 1998 off-budget concession on stamp duty deferment

 

Revision of hospital subsidy for foreigners

"From October 2007, PRs will continue to be subsidised for hospital services, but at 5 percentage-points less than Singapore citizens.
"From October 2008, another 5 percentage-point reduction will be applied. This way, Singapore citizens will enjoy greater subsidy than PRs, by a total of 10 percentage- points.
"As for the other foreigners, there will be no more healthcare subsidy from October 2007. ..."

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     - Singapore to acquire refurbished Leopard Tanks from Germany

     - Genting International and Star Cruises wins Sentosa IR bid

     - First-time writers and illustrators publishing initiative

 

 

     - Education: Performance by ethnic group 1996C2005

     - Tanglin Village attracts businesses with its rustic charm

 

Key developments in the Singapore media industry

Dr Lee Boon Yang, Minister for Information, Communications and the Arts

"The terrestrial and cable trials have kicked off, making Singapore the first in Southeast Asia to launch HDTV public trials.

"In tandem with the launch, MDA is leading a drive to promote the development of local HD content and speed up nationwide adoption and deployment of HD technology..."

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     - Police arrest 12 people in island-wide anti-piracy raids

     - Three years of free Wi-Fi for Singapore from 1 Dec 2006

     - M1 launches Singapore¨s first true island-wide wireless broadband service

     - Health Ministry forms national committee to combat HIV/AIDS

     - Map-based information service on land ownership available online

 

Expansion of the hedge fund industry in Singapore

Mr Ong Chong Tee, Deputy Managing Director, Monetary Authority of Singapore

"In Singapore, we have seen a steady increase in the number of hedge fund managers - from a handful 5 years ago to over a 100 now.

"It is not only small boutique firms but many large well-known hedge funds have also set up operations in Singapore, drawn by a pro-innovation and competitive business environment, high regulatory standards and trusted legal regime, and the available talent pool..."

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Police nab Internet trickster selling car parts and accessories

"The culprit lured unsuspecting car enthusiasts in an online motoring forum into parting with their money by claiming that he was able to get bulk discounts on car parts and accessories.

"The victims would place orders with the culprit and make payment electronically. However, the victims never received their goods. When the victims discovered that they had been cheated, the culprit taunted them to catch him if they could..."

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     - New lighting plan for the City Centre

     - 2006 Primary School Leaving Examination (PLSE) Results

 

Chingay 2007

23 - 24 Feb 2007

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     - MP suggests using half-height platform screen doors in MRT stations

     - Accreditation scheme for local dating industry in mid-2007

 

Rates for HDB rental flats to be pegged to household income

"Starting from 1 Mar 07, HDB will align the rental for its flats to the household income of the tenants.
"Tenants whose monthly income is $800 and below will continue to pay the 1st-tier rent. Similarly, tenants who rented their flats after 1 Oct 2003 and whose monthly income is between $801 and $1500 will continue to pay the current 2nd-tier rent.
"However, tenants whose income has since risen above these levels will be required to pay higher rent based on their new income levels..."

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     - Four duped into parting with their cash and valuables in scam

     - New Chinese Language Curriculum for Primary 1 and 2 in 2007

 

Banking (Amendment) Bill - First Reading in Parliament

"The Bill introduces a requirement for foreign full and wholesale bank branches to maintain a minimum level of eligible assets in Singapore in proportion to their liabilities...

"Such a requirement would help to improve the recovery of assets from a failed foreign bank branch in Singapore to meet the claims of Singapore depositors..."

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     - Inaugural Singapore Education Awards 2007

     - US President¨s Visit to Singapore

     - Scenic Changi Point coastline opens to the public

     - One-stop NS portal launched

     - Proposed amendments to the Penal Code

 

 

     - Singapore ranks 5th in 2006 Corruption Perceptions Index

 

Challenges for the Asia Bond Market

Mr Heng Swee Keat Managing Director of the Monetary Authority of Singapore

"Most Asian markets are still dominated by local investors, comprising mostly banks, insurance companies and pension funds. Anecdotal evidence suggests that on average, non-resident investors hold less than 5% of Asian bonds...

"After the financial crisis, most Asian economies lifted restrictions on foreign participation in their bond markets...

"But I believe we need to go much further - beyond removing barriers to foreign participation, we should be actively facilitating foreign participation, and integrating our markets into the global system..."

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Survey shows Singaporeans upbeat about the near future

^Back home, Singaporeans registered an increased level of optimism in this latest survey compared to the previous period and a year ago. The Singapore Consumer Confidence Index climbed 7 points to reach a high of 110!surpassing the regional average of 94, ̄ observed Mr Ashok Charan, Managing Director of ACNielsen Research Singapore..."

More.....

     - Police bust foreign housebreaking syndicate

     - Employment situation in 3rd Quarter 2006

2006

Previous News, Articles & Reports 2006 - Part 4

Previous News, Articles & Reports 2006 - Part 3

Previous News, Articles & Reports 2006 - Part 2

Previous News, Articles & Reports 2006 - Part 1

2005

Previous News, Articles & Reports 2005 - Part 6

Previous News, Articles & Reports 2005 - Part 5

Previous News, Articles & Reports 2005 - Part 4

Previous News, Articles & Reports 2005 - Part 3

Previous News, Articles & Reports 2005 Part 2

Previous News, Articles & Reports 2005 - Part 1

2004

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