News Today

Reclamation firm Koon ousts chairman 'over takeover bid'
THE executive chairman and founder of reclamation company Koon Holdings, Mr Oh Keng Lim, 69, was removed from his post as chairman last Friday. This was due to his opposition to a takeover deal from an Indian company, he claimed. In... [Read more]

Brokerages beefing up corporate finance teams
BROKERAGES are beefing up their corporate finance outfits in a bid to win some of the lucrative IPO business that has traditionally gone to foreign investment banks. The red-hot stock market coupled with the stream of new China initial public offers... [Read more]

Govt shows its capitalist head, socialist heart
A CAN-DO Budget with buzz. And one that positions Singapore to run the next lap of the global economy, even as it beefs up social-security spending to take care of those who can't run as fast. That's what Second Finance Minister... [Read more]

Stumped by the way I was treated by SingPost counter staff
I was at Chinatown Point Post office at about 10.20am on Feb 14 to send a parcel via Speedpost for a same-day delivery service locally.I told the woman who attended to me that I was sending a porcelain item and wanted... [Read more]

AFF special committee will probe Thai walkout tomorrow
THE Asean Football Federation (AFF) will convene a special committee to look into Wednesday's Thai walkout.The incident happened during the first leg of the Asean Championship final hosted by Singapore at the National Stadium.The committee will meet in Kuala Lumpur tomorrow.... [Read more]

SBS liable for crash that killed m-cyclist
SBS TRANSIT has been found liable for an accident in 2002, in which one of its buses caused the death of a motorcyclist.The Court of Appeal on Tuesday upheld the High Court's decision last year which ruled that the motorcyclist, Mr... [Read more]

To revive the kampong spirit, HDB has to put its ear to the ground and scrutinise its own heart
Good neighbourliness used to be a hallmark of flat-living. In my childhood home, a block of two-room flats, almost every unit housed three generations, with families numbering six or more. Everybody knew everybody.It was a tight squeeze physically, but the openness,... [Read more]

Portrait book's nudity 'excessive'
A PHOTOGRAPHY book that featured near-nude images of celebrities was banned here because it exceeded the current content standards for publications. Information, Communications and the Arts Minister Lee Boon Yang said the Public Consultative Panel, made up of members of the... [Read more]

Jail terms of copper wire thieves upped on appeal
ARGUING that the theft of copper wire had become a widespread problem, the prosecution won its appeal yesterday to have deterrent sentences imposed on two men described as 'career criminals'. One had his jail term doubled from nine months to 1-1/2... [Read more]

Nine Al-Qaeda members among 11 held in France
PARIS - FRENCH police have arrested 11 terror suspects, nine of whom are believed to be members of Al-Qaeda who helped fighters join the ranks of Iraqi insurgents.The first arrests took place at Orly airport in Paris when two men were... [Read more]

S'pore research may slash cost of radio tag readers
COMING soon - shopping carts that scan purchases and total up the bill and hotel rooms that unlock the door automatically for guests. These could well become a reality with researchers at the Institute of Microelectronics (IME) discovering a way to... [Read more]