Former transport minister Iswaran sentenced to 12 months' jail
WEB1 day ago · Former transport minister S. Iswaran, 62, has been sentenced to 12 months' jail. The sentence took place on Thursday (3 Oct) morning. "I’m of the view it is appropriate to impose a sentence in excess of both parties’ positions," said Justice Hoong.
Singapore to restore services on key train line after disruption
WEB4 days ago · By Low De Wei. (Bloomberg) — Singapore will fully resume services on its East-West train line on Tuesday morning after rail damage led to the major public transport artery being disrupted for days. All safety checks have been completed on the line, Transport Minister Chee Hong Tat said in a Facebook post Monday. The restart after …
East-West line service fully restored after 6-day disruption
WEB3 days ago · Former Singapore oil tycoon Lim Oon Kuin will pay about $4.6 billion to the liquidators of his company and creditor HSBC Holdings Plc. This has been approved by Singapore's High Court and will end the multi-year civil cases against him and his family.
East-West line disruptions expected to continue until 1 ...
WEB4 days ago · The stress test is to ensure all affected rails are sturdy and welded well before they start the loaded train endurance test. This involves running a fully loaded train across the tracks, with sandbags being used to simulate the weight of a fully loaded train car.
Singapore ex-minister gets 12 months in prison in landmark case
WEB1 day ago · STORY: A Singapore court sentenced a former minister to 12 months in prison in the sort of corruption case the city-state rarely sees.Subramaniam Iswaran, a cabinet member for 13 years, pleaded guilty to four counts of improperly receiving gifts worth more than $300,000 and one count of obstructing justice.The sentence was harsher than the …
Singapore home prices fall for first time in a year as sales cool
WEB3 days ago · By Low De Wei. (Bloomberg) — Singapore’s home prices fell for the first time in five quarters as a sales slowdown weighed on the market. An index of private home prices dropped 1.1 per cent last quarter from the previous three months, according to a preliminary estimate released Tuesday by the Urban Redevelopment Authority (URA).
Samsung to cut thousands of jobs amid struggles in AI market
WEB2 days ago · Samsung recently trimmed about 10% of jobs in India and some parts of Latin America, according to one of the people. In the latest push, Samsung is likely to cut less than 10% of its total overseas staff of 147,000, the person said. The company aims to preserve manufacturing jobs, while it cuts management and support functions.