Another Downtown Line contractor in financial trouble
According to a report from the English language Korean newspaper The Chosunilbo, Ssangyong Engineering and Construction (Ssangyong E&C) filed for court receivership on 30 December 2013 with heavy debts ('Ssangyong Building Firm Goes Bust'). Over the last 10 months, the building firm tried hard to work out a debt restructuring...
Josephine Teo attacks WP’s response to PTC fare review
Josephine Teo's interview with SPH (ST Photo) Immediately after WP issued a media statement ('WP: Public transport should be for public good') yesterday evening (17 Jan) highlighting its concerns with regard to the 2013 Fare Review Exercise announced by PTC, Senior Minister of State for Transport Josephine Teo pounced on...
WP: Public transport should be for public good
WP CEC member, Dennis Tan The Public Transport Council (PTC) announced on 16 Jan there will be an overall bus and rail fare increase of 3.2% come 6 April 2014. Singapore's main opposition party the Workers' Party (WP) issued a media statement yesterday (17 Jan) in response to PTC's announcement ('Lui thanks PTC for transport...
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