TOP OF THE NEWS
Malaysia's new administration yesterday detailed the full extent of the threat posed to the country's economy by mega projects of the past. Finance Minister Lim Guan Eng revealed that the country's debt obligations had hit RM1 trillion (S$337 billion).
TOP OF THE NEWS
A total of 3,970 Build-To-Order flats have been launched across four projects in Sengkang, Yishun, Toa Payoh and Tampines. This the second such exercise by the Housing Board this year, and prices without grants range from $76,000 for a two-room flexi flat in Yishun, to more than $422,000 for a five-room flat in Tampines.
"What would you do if your everyday life was turned upside down?"asks Sweden's newly revised emergency handbook, the first significant update since the midst of the Cold War half a century ago. The new version reflects an evolving diversity of threats that include flooding from climate change and the vulnerabilities of the Internet.
Rohingya militants executed Hindu villagers in Myanmar last year in a rush of violence that eventually drove some 700,000 refugees from the country, a new report reveals. Amnesty International blamed the Arakan Rohingya Salvation Army for at least one massacre of up to 99 Hindu people.
Political patronage is too much a part of Malaysian corporate life, distorting market assessments. It's time to cut the political cord. Having a prime minister who is not also finance minister is a good start.
There will be new faces among the Nominated Members of Parliament (NMPs) later this year, as five of the current nine NMPs are likely to step down.Two other NMPs have not decided whether to reapply, and two could not be reached for comment.
Donations for four-year-old Muhammad Royyan, who needs surgery for a rare heart defect, have doubled after the news of his father's death. Former S-League footballer Nur Alam Shah, who had been raising funds for his son, died of a heart attack last Friday.
India's biggest stock exchange, the National Stock Exchange of India, has applied to the Bombay High Court for an interim injunction on three new India equity derivative products, in an attempt to block the Singapore Exchange's (SGX) plans to roll them out on June 4. The SGX has been notified of this move.
American mixed martial arts exponent Ovince Saint Preux is not bothered by the nine years he has over Tyson Pedro, counting instead on age and experience when he fights the Australian in the Ultimate Fighting Championship in Singapore next month. "You've got to see the way I train," the 35-year-old said confidently.
Bass player John Koh, 21, is one of two recipients of the Jazz Association (Singapore)'s first jazz scholarships. The other recipient is singer Dawn Wong, 33. The scholarships offer amounts of up to $25,000 per academic year.
Straits Times Digital
Led by teacher-in-charge Teo Yee Ming, Hai Sing Catholic School's robotics club is blazing a trail on the world stage. str.sg/oxjX
Raids by Malaysian police on houses belonging to former prime minister Najib Razak turned up a haul of luxury goods, pushing his wife Rosmah Mansor into the spotlight. str.sg/oxLm