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BONDED 10 YEARS ?%
NOL sold S$280m worth of 10-year, SGD bonds, the latest in a series of bond sales by companies here eager to lock in long-term funding while interest rates are low.
lOw cOnfIdence sIgnal ? ? ? ?
thInkIng Of debt fInancIng Instead Of FREE CASH FLOW frOm OperatIOns ? ? ? ?
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Ying Li International Real Estate has acquired a commercial development site in China’s Chongqing city for RMB697m.
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HAVE YOUR SAY: Students and police caught posing at Manila hostage tragedy site
Controversial photos of students and policemen posing in front of the hijacked bus in which 8 Hong Kong tourists lost their lives are spreading online
Photos of students and policemen posing at the Manila site where Monday's bloody hostage drama happened are being circulated online, particularly on social networking website Facebook and web forums.
Reuters image
Students pose for photographs near the damaged tourist bus involved in an armed hostage in Manila August 24, 2010. Philippine authorities defended on Tuesday their handling of a bus hostage crisis in which eight Hong Kong tourists were killed, but missteps were seen as signs of deeper deficiencies in a country beset by security problems.
Some students were seen smiling while posing during the picture-taking at the site (see picture above)
Having been alerted to the issue, government spokesperson Edwin Lacierda was quoted by local news sites as urging all Filipinos to accord proper respect to the victims of the unfortunate hostage incident.
"Let's not try to belittle the incident. Let's not try to trivialize the incident. Let's respect the situation. Let's respect the place right now," Lacierda said. "It's a place of grief, let's respect."
He then added, "We ask all Filipinos to respect that particular area."
Nine people including the hijacker, decorated ex-policeman Rolando Mendoza, were killed on Monday evening during the final moments of a 12-hour bus hijack tragedy.
Commandos tasked to rescue the hostages, who were mainly Hong Kong tourists, failed to get into the bus for more than an hour after smashing its windows with sledgehammers. The ordeal, which was broadcasted live over major global television networks, has resulted in an international humiliation for the Philippine government.
The bodies of the eight victims were on Wednesday night flown back to Hong Kong.
Meanwhile, Philippine president Benigno Aquino's appeal for a stop to government bashing on Facebook over the tragic incident has been ignored by the Internet users.
His official Facebook page, originally intended to promote transparency in government, has been flooded with protesters' angry comments on the government's incompetencies in handling the crisis that resulted in nine deaths.
READ MORE:Philippines' Aquino calls for end to Facebook bashing
"Shame on you and your government. Tender your resignation now," wrote Elfis Lee, a Hong Kong resident. "Your incompetence of leading your untrained stupid police force caused such a tragedy."
Is it acceptable to take snapshots at the site of the tragedy?Log in with your Windows Live/ Hotmail ID below, and post your thoughts now!
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RM9.88
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31st December 2010
RM9.88
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Thursday: 26 AUGUST 2010 CLOSING
19,038,200
RM8.220 +RM0.090
Day Hi RM8.250
Day Lo RM8.130
SUPPORT DEPTH
RM8.20 800.5K [505.3K B f S]
RM8.21 2,043.6K [1,134.5K B f S]
RM8.22 3,921.1K [1,436.8K B f S]
RM8.23 6,128.7K [3,029.3K B f S]
RM8.24 5,586.8K [4,694.4K B f S]
TOTAL
19,038,000
[11,241,500 B f S]
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EVAN ALMIGHTY
TRUMAN ALMIGHTY
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Thursday: 26 AUGUST 2010 CLOSING
110,206,000
S$1.60 +S$0.020
Day Hi S$1.620
Day Lo S$1.580
SUPPORT DEPTH
S$1.600 61,433,000 [34,495,000 B f S]
S$1.610 16,392,000 [11,100,000 B f S]
TOTAL 110,206,000 [55,289,000 B f S]
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pharoah88 ( Date: 30-Jul-2010 16:11) Posted:
3rd September 2010
USD0.380
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TOTAL DEPTH
20,044,000 accUmUlated
[10,163,000 B f S]
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Thursday: 26 AUGUST 2010 CLOSING
TOP VOLUME nO. 12
20,044,000
USD0.305 +USD0.005
Day Hi USD0.310
Day Lo USD0.295
prIce actIOn
09:26:29 USD0.305 1,000,000 B f S
09:00:19 USD0.305 1,000,000 B f S
SUPPORT DEPTH
USD0.300 10,026,000 accUmUlated
[3,624,000 B f S]
USD0.305 9,652,000 accUmUlated
[6,526,000 B f S]
accUmUlatIOn cOntInUes @ USD0.305
UpgradIng tO USD0.310 tOmOrrOw
Friday: 27 AUGUST 2010
LAST DAY
CHERRY pIckIng
1H 2010 Results
annOUncement
Saturday: 28 AUGUST 2010
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copied and pasted from previous day's actions to save typing.
OverlOOked and left One Over during editing.
ravikp ( Date: 26-Aug-2010 16:05) Posted:
What happened...too much action...
pharoah88 ( Date: 26-Aug-2010 10:54) Posted:
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Off-guardity
Error
Thanks for the notification. |
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SINGAPORE needs a new Reference Thesaurus for Legal English Vocabulary Usage
niuyear ( Date: 26-Aug-2010 15:14) Posted:
| Phoroah, i hope by posting this, i wont see you at Bedok police station. LOL! |
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Man being investigated for allegedly inciting violence online
Zul Othman
zul@mediacorp.com.sg
SINGAPORE
The police confirmed in earlier media reports that they had arrested a man in his late 20s “in connection with investigations into offences related to incitement of violence”.
Investigations are in progress.
Mr Abdul Malik (picture), a project executive with a construction company, was arrested on Tuesday, a week after his Facebook post.
He told MediaCorp in an email interview that he was picked up at his office by three police officers and taken to Bedok Police Station.
There, the officers grilled him on the use of the words “burn”, “rally” and “sitdown protest” in his postings in which he allegedly said it was time to hold Minister for Community Development, Youth and Sports (MCYS) Vivian Balakrishnan responsible for incidents including the food poisoning episode.
Mr Abdul Malik conceded that his statements might have been deemed “sensitive” after former cabbie Ong Kah Chua set fire on Member of Parliament Seng Han Thong at a community event last year.
Mr Seng was hospitalised and has since recovered. Ong, who was deemed to be of unsound mind, was sent to the Institute of Mental Health.
Mr Abdul Malik, who is out on $5,000 bail, claimed that what he meant was that those who were “proved to be incompetent in handling the YOG” should “burn at the polls”.
He reiterated that he had “no intention of organising a protest at all” and he was “against” violence.
Singapore Management University law professor Eugene Tan noted that the urgency with which the police acted — while the YOG is still being held — seems to suggest that the authorities were taking the matter seriously.
“Generally, cyberspace tends to be dominated by negative views but the literal reading here is that someone is trying to mobilise people and these actions are taken by the police as red flags that warrant immediate attention,” said Assistant Professor Tan.
While the police action signalled that threats of personal attacks are taken seriously,
Asst Prof Tan noted that “what is interesting is if they will charge him”. — Arrested for purportedly inciting violence, Mr Abdul Malik Mohammed Ghazali, 27, maintains that he had “done nothing wrong” and that his statements on the Youth Olympic Games which were posted on social networking site Facebook were taken out of context.
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‘Malicious prosecution’ — is it a valid defence?
Teo Xuanwei
xuanwei@mediacorp.com.sg
SINGAPORE
In the case of the Bollywood Veggies farm — which has been hauled to court for failing to run building safety checks — its owner, Mrs Ivy Singh-Lim, alleges that such prosecutorial discretion infringes her constitutional rights.
Yesterday, following three days of hearings, District Judge Jasbendar Kaur adjourned the case after she called for submissions from lawyers acting for Bollywood Veggies and the Building and Construction Authority (BCA) on whether “malicious prosecution” is a valid defence in criminal matters.
The 4-hectare farm in Kranji was charged with failing to get the structures on its land inspected, and failing to appoint a professional engineer to conduct these checks, despite receiving a notice and three subsequent reminders from the BCA to do so.
The farm could be fined up to $40,000, if found culpable.
Among others, the court has to decide if it can hear evidence on Mrs Singh-Lim’s claim that the exercise of prosecutorial discretion in this instance was improper.
Bollywood Veggies’ lawyer Engelin Teh had grilled BCA officers on why the authority had not gone after neighbouring farms despite their contraventions — operating properties without temporary occupation permits (TOP) or certificates of statutory completion (CSC) over many years.
She had built her case on the argument that the charges were “not bona fide” because the authorities had singled out the farm for enforcement action.
The Senior Counsel also said that the Building Control Act’s safety inspection regime was never intended to apply to the farms in Kranji and that the BCA had not prosecuted these farms earlier because it knew the farms could not obtain the TOP or CSC.
A BCA senior executive engineer had testified that there were “too many” errant farms in Kranji. The hearing will resume next month. — What happens when the authorities go after one offender but not others who run afoul of the law?
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Take the guesswork out of the wait for the bus
I refer to Ms Angie Lim’s frustration over the unpredictable frequency of buses marring the benefits of our new distance-based fares (“New distance-based fare system cheaper but ...” Aug 23).
While I can appreciate that traffic delays lead to the unpredictability of bus schedules beyond the terminals, there can be no reason why departure timings at the terminals should be unpredictable.
I have on two occasions asked the Serangoon Bus Interchange control office for the departure schedule of a bus service, but the staff refused to provide the information, stating they do not have such a schedule.
When pressed further, the officer said that bus arrivals may be delayed, thus affecting departure times.
Is there a policy within SBS not to provide bus schedules?
How can we claim to have a world-class public transport system when the fundamental element of predictability is absent?
In many developed nations, the public bus transport system has arrival and departure times that are exact to the minute, at the terminals as well as at every stop along the journey. Singapore should strive to have the same.
Letter from Edm und Leong
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Aggressive gesture or an attempt to help?
Letter from Shirley Tan
I AM a motorist and a novice cyclist, though my cycling is limited to the East Coast Park.
I emphatise with Mr Damien Evans, as I find roads here narrow, even for cars. While I do not know the circumstances of his experience, I know that I sound my horn when I see a cyclist ahead of me — not to scare him off the road but to warn him that a vehicle is pulling up beside him.
A friend who has just returned from a trip to Penang said that a motorist here flashes his lights at oncoming traffic to warn you against doing something, such as pulling out of a filter lane.
In Penang, however, the motorist flashes his lights to signal that you can go ahead.
The point is, one man’s aggressive gesture might well be another man’s attempt to help.
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How drivers and cyclists can share the road safely
Near-miss for a driver, near-death for a cyclist
Letter from Neil Anderson
I REFER to the letter “Reader apologises for being a rude cyclist” (Aug 23) by Mr Damien Evans. I would like to comment on the behaviour of both drivers and cyclists.
Drivers need to accept that it
Drivers need to be aware that careless driving not only risks getting dents, scratches and blood on their cars, it also risks causing permanent injury or even death for cyclists.
What a driver thinks is a little “nearmiss” may be a near-death experience for a cyclist.
So drivers, please do not overtake cyclists and then immediately cut left, and please do not drive out of side roads into the path of cyclists.
When I cycle to work, I sport two red rear lights, a fluorescent yellow rucksack, a flashing white front light, a white helmet and a white shirt. Despite all this, some drivers do not notice me; perhaps they’re used to looking out only for large vehicles and they dismiss cyclists as slow and insignificant.
Cyclists also need to play their part to ensure safe, harmonious cooperation in traffic.
Please do not ride through red lights; you may save a few seconds, but you put yourself at much greater risk from vehicles, especially those doing U-turns or rushing to get through an amber light. The small number of riders who do this reinforce the stereotype of cyclists as arrogant hooligans who ignore the rules.
I hope the Singapore authorities, drivers and the general public can consider cycling an essential part of a well-considered transport policy for Singapore’s future.
To achieve this, both drivers and cyclists must behave considerately towards each other. is legal for cyclists to ride on the roads in Singapore — see Chapter 276 of the Road Traffic Act. It is not only illegal to ride on the footpaths in most places, it is also dangerous for both cyclists and pedestrians, as a fit cyclist will easily average 30kmh.
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when BOSSES themselves have nO lIfe ? ?? ?
hOw can sUch BOSSES help ? ? ? ?
pharoah88 ( Date: 26-Aug-2010 13:05) Posted:
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Bosses, why you should help staff get a life
Options sought to better juggle work, family and personal commitments and aspirations
Claire Chiang
Last year saw the economy in the throes of a worldwide recession and many companies reacted strongly to sliding stock indexes and dwindling profits.
In Can We Have It All?, a book by the Employer Alliance, successful practices by smart workplaces here are showcased.
The writer is chairperson of the Employer Alliance, a network of corporations committed to creating an enabling work environment for better work-life integration.
Can We Have It All? can be bought through Employer Alliance (info@ employeralliance.sg, 6837 8681).
There are strong reasons for CEOs to commit to work-life integration, empower their managers to implement work-life programmes as well as flexible work practices and continually experiment with different options.
Employees, on their part, must realise they are the architects of their own destinies. It is time for everyone to take steps to work smart and live well.
Some employees, for fear of losing their jobs, put in more hours at work, while others had to shoulder a larger workload after retrenchments and company down-sizing.
Happily, Singapore is seeing a strong recovery and companies are again hiring and building up their staff numbers. But now that it is a job seeker’s market, companies will need to differentiate themselves from the competition to attract talent with experience and expertise.
The traditional strategy of emphasising salary and benefits no longer works as the primary pull factor in attraction and retention, especially among Generation X and Y employees.
Organisational values and corporate culture developed by Traditionalists and Baby Boomers need to be reviewed in light of the changing needs and expectations of today’s workforce.
A study, “Harnessing the Potential of Singapore’s Multi-Generational Workforce”, by the Tripartite Alliance for Fair Employment, found that flexible working hours ranked among the top three preferred organisational benefits for Gen X and Y employees.
It also found that across the different generations, having the flexibility to manage work and life demands ranked among the top five motivating factors; and that work-life programmes were perceived to be an enabler in workplace productivity.
In a separate survey by StrategiCom and the Singapore National Employers Federation earlier this year, the need for work-life integration was found to be among the top five requirements for talent attraction and retention.
With employees and job seekers craving for options that allow them to better juggle work, family and personal commitments and aspirations, it is time for companies to sit down and re-evaluate human resources policies to gain an advantage over other employers competing for individuals in the limited talent pool. Today’s Work-Life Conference will discuss ways employers can tap on work-life strategies to gain that competitive edge.
Studies conducted around the world have demonstrated that effective work-life integration programmes not only benefit the employees; bosses and the business gain too.
A 2008 study, by the Corporate Executive Board in the United States which polled more than 50,000 workers globally, revealed that worklife benefits boost productivity.
People who are happy with such benefits work 21 per cent harder and are 33 per cent more likely to stay at the same organisation.
The results of a 2007 poll by the Center for Creative Leadership found that leaders who were rated “more effective” have work-life integration scores 16 per cent higher than leaders who were rated “less effective”.
Among companies here, KPMG’s extensive suite of flexible work arrangements to suit its staff’s varied needs, “respect for leave” policy and employee support schemes have enabled it to make working hours more efficient, reduce staff turnover and increase staff engagement.
MSD Singapore — which has factories operating round the clock and hires a diversity of employees including researchers, engineers, operation, sales and marketing staff — offers a wide suite of flexible work arrangements.
This includes a compressed work week, flexi-hours, telecommuting, part-time and job sharing to meet the diverse job requirements and individual needs.
This year, about 50 per cent more companies applied for the Work-Life Excellence Award organised by the Tripartite Committee on Work-Life Strategy than in 2008, giving an indication of the growing recognition of the importance of such strategies to workplace performance.
Factors that impact the success of work-life integration include a culture of trust, leaders walking the talk and managers with the right skills. |
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GAME
OVER
pharoah88 ( Date: 26-Aug-2010 13:25) Posted:
Singapore budget carrier Tiger Airways caused something of a stir when chief executive Tony Davis, along with key shareholders Indigo Singapore Partners and Ryanasia Limited, sold 40 per cent of their share holdings in the airline soon after the announcement of its alliance with Thai Airways International to set up Thai Tiger Airways.
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