Bloomberg: That ’80s Show, in Singapore
The last time Singapore's marine-services industry was staring at what would eventually turn out to be an 18-year drought in demand for oil rigs, Ronald Reagan was starting his second term as U.S. president. Jackup rigs, used to drill for oil in shallow waters, saw orders evaporate between 1985 and 2003. As Macquarie notes,...
Dim-witted PRC robbers duped into taking small value foreign banknote rather than iPhone
A man from eastern China outwitted three armed robbers by persuading them to take a foreign banknote worth less than 30 yuan (SGD$6) rather than steal his iPhone, a newspaper reported. The man, 22, from Wenzhou in Zhejiang province fooled the thieves into thinking that a 5,000 won note in his pocket was a euro note and that...
AHTC welcomes Court of Appeal’ directions (media release)
Aljunied-Hougang Town Council (AHTC) had applied to the Court of Appeal for directions on the costs of the court proceedings and with regard to the appointment of accountants under the judgment dated 27 Nov 2015. At the hearing on 7 January 2016, AHTC, the Ministry of National Development (MND) and the Housing & Development...
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