PUB to spend $22 million to prove ministers wrong
The Public Utilities Board (PUB), has awarded a S$22 million contract to raise a stretch of Orchard Road (from Orange Grove Road to Cairnhill Road). The project, which is part of PUB's continuous effort in drainage improvement and flood management, will start next month and is expected to be completed in the second quarter...
ERP rates to increase at 23 gantries across Singapore
As part of the Land Transport Authority's quarterly review of ERP-priced roads and expressways, rates across 23 Electronic Road Pricing (ERP) gantries around the island are set to go up, effective November. This may be the largest instance of gantries affected this year and motorists passing through 23 of these gantries around...
Credit Suisse report cuts SGX to ‘underperform’
Credit Suisse has cut Singapore Exchange to 'underperform' from 'outperform' and lowered its target price to S$7.50 from S$11.20. In the report, Credit Suisse said: ...although SGX's bid to take over Australia's ASX Ltd could be accretive for earnings per share, it could be destructive to return on equity." Credit Suisse...
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