Thursday, Jul 31, 2014Thursday, Jul 31, 2014
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ONE of Singapore's biggest employers' groups is getting a new chief: Dr Robert Yap, 62, a veteran of the local logistics industry.

Top of The News

COMPANIES can soon tap more government funds to promote flexible travel arrangements, in a move to ease the crush on public transport in the morning.
INDONESIAN President Susilo Bambang Yudhoyono is appealing to world leaders and the leaders of Hamas and Israel to bring about an immediate ceasefire in Gaza.
FOLLOWING an uproar over what commuters say is a steep toll hike at Johor's main border checkpoint, the Malaysian government said that it will review the move.

Singapore

AROUND eight decades of history seem set to come to an end for Sungei Road flea market.
THE path towards a greener Singapore is being charted in a series of technology road maps, which will guide the country in how it can reduce energy use and carbon dioxide emissions over the next few decades to as far as 2050.
About 300 Indian expatriates and Singapore businessmen were treated to song and dance performances at a networking dinner yesterday, attended by Environment and Water Resources Minister Vivian Balakrishnan.

Asia

IT IS largely a power play, but the Chinese Communist Party's (CCP) formal investigations into retired security czar Zhou Yongkang and the dismantling of his network of associates might have positive knock-on effects on the economy and society, say analysts.
BEIJING - After an unprecedented anti-corruption campaign at home, China's graft busters could be turning their attention next to hunting corrupt officials who have fled the country with cash they stole.
BEIJING - Chinese prosecutors have filed charges of separatism against a prominent Uighur writer and vocal critic of the Chinese communist government, as security forces flooded violence-prone Xinjiang province following deadly clashes this week.

World

BAMAKO (Mali) - The cash filled three suitcases: €5 million (S$8.3 million).
ITALIAN tourist Mariasandra Mariani was admiring the rolling sand dunes in southern Algeria three years ago when her tour guide screamed at her to run.
INTERNAL Al-Qaeda documents and accounts by survivors suggest that kidnappers from the three main affiliates of Al-Qaeda coordinate their efforts and abide by a common kidnapping protocol.

Money

OIL and gold prices are likely to remain buoyant in the short term amid ongoing geopolitical tensions in Europe and the Middle East, say analysts.
OCBC Bank shares jumped to a near seven-month high yesterday, a day after the Singapore bank announced it had secured enough shares in Wing Hang Bank to fully take over the Hong Kong lender.
A SLOWDOWN in the private housing market weighed down second-quarter earnings for property developer Tuan Sing, it reported yesterday.

Life!

Whether it is to undo a wrong or to go into the future to find out what is in store for you or your loved ones, the ability to travel through time is something that has long been a subject of fascination for TV producers and film-makers.
While making his new album Jiang Hu, The Rhapsody, veteran Hong Kong-born singer Wakin Chau says he ended up feeling like a music courtesan.
New York - James Shigeta, an actor who challenged social boundaries when he emerged in the late 1950s as one of the first Asian-Americans to play leading roles in Hollywood, died on Monday in Los Angeles. He was 85.

Insight

"IMPROVE the returns on people's CPF savings" is a common refrain these days, one that was picked up by experts speaking at a forum on CPF and Retirement Adequacy on Tuesday, but they varied over how to achieve this.
ROY NGERNG: Now that we know that the CPF is invested in the GIC, is it also possible to know what is the interest earned in Singapore dollar terms since inception?
AS MUCH as half of Singapore's working population, many of them graduates in the middle-income group, may not have enough in their Central Provident Fund (CPF) accounts to tide them through their golden years.

Opinion

BACK in 2008, then Health Minister Khaw Boon Wan said Singapore might score an A-minus for acute care services but was probably "below C" when it came to palliative care.
THE character of social service is determined fundamentally by its devotion to the poor, the underprivileged and the disadvantaged. This is natural because society is only as strong as its weakest links, and social service therefore means serving the most vulnerable.
IT WAS on Saturday night, the fourth and final evening of the Romance Writers of America (RWA) Annual Conference, that I finally faced feelings of inadequacy.

Forum Letters

I URGE the Government to proceed with caution in allowing Central Provident Fund members to invest in private pension plans ("Private pension plans an option: Tharman"; July 23).
THE report ("Errant bosses faking addresses of foreign workers"; Sunday) suggested that the practice of employers falsely declaring their foreign workers' addresses in the Online Foreign Worker Address Service (Ofwas) is widespread.
MR WILFRED Ling ("Why exchange-traded funds are not popular here"; July 9) commented that many financial advisory firms are unclear about whether they are permitted to offer advice on exchange-traded funds (ETFs).

Sports

AFTER winning gold for the first time in four years, Singapore shooter Jasmine Ser is ready to prove her appetite for bigger challenges at the upcoming world championships and Asian Games.
EMBATTLED shooter Gai Bin has issued an open challenge to Singapore's young guns to speed up his retirement.
AMID the euphoria of a bronze medal at the Commonwealth Games, with the promise of more to come, Singapore badminton chief coach Liu Qingdong has called for calm.