
SDP: A painful waste of public money
The HDB has built two pedestrian overhead bridges (POB) at Lorong 6 Toa Payoh - barely 20 metres apart. The photo on the left (taken in June 2013) shows a POB under construction in the background and an existing one in in the foreground. When contacted, Mr Khoo Wei Tat, a principal engineer at the HDB, said that a second bridge...

China manufacturing continues to lose steam
Apple reported quarterly revenues from China decreased by 43 percent from the previous quarter (Getty Images)Growth of world's second largest economy slows to 11-month low as unemployment rate rises, shaking global markets. (24 Jul) - China's manufacturing industry has seen its growth slow down to an 11-month low in July, as...

S Korean tycoon creates shell companies in SG to evade tax
(20 July) - Lee Jae-Hyun, 53, allegedly stashed away undeclared assets worth about 96 billion won ($A93.5 million) and evading taxes worth 54.6 billion won since 2004. "This is a case where a business tycoon illicitly pocketed funds diverted from listed companies and evaded tax", prosecutor Park Jeong-Shik told journalists. Lee...
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