Singapore’s GDP shrinks by 0.7 percent in 2Q
Singapore's GDP contracted by 0.7% in 2Q. Singapore's economy contracted in the second quarter (2Q) as weakening global economic growth hurt demand for the city-state's exports, the Trade and Industry Ministry (MTI) said today (10 Aug). On a qtr-on-qtr basis, Singapore's GDP contracted by -0.7%. The advanced estimates was...
Dr Chee Soon Juan makes settlement proposal to creditors
Dr Chee Soon Juan has made a settlement proposal to his creditors, which if accepted would mean that he will be discharged from bankruptcy. Dr Chee was made a bankrupt in 2006 when he failed to pay Mr Goh Chok Tong and Mr Lee Kuan Yew S$300,000 and S$200,000 respectively, the damages awarded by the court for defaming the two...
Singapore’s ‘founding father’ made grand appearance at National Day Parade 2012
Mr Lee kuan Yew Singapore’s '"founding father" Mr Lee Kuan Yew has made a grand appearance at the National Day Parade, quashing all speculations and rumors about his health. As Mr Lee walked into the podium spotting a red polo T-shirt, he was greeted with loud applause from his 'loyal subjects' who stood up to cheer him. Mr...
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