Keyword: singapore

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  • Singapore Suffers Shocking Worst-Ever GDP Contraction

    10/15/2010 4:43:40 AM PDT · by blam · 7 replies
    The Business Insider ^ | 10-15-2010 | Vincent Fernando, CFA
    Singapore Suffers Shocking Worst-Ever GDP Contraction Vincent Fernando, CFA Oct. 15, 2010, 1:42 AM Singapore's economy shrank by a jaw-dropping 19.8% quarter-on-quarter during Q3, according to data released by the Monetary Authority of Singapore yesterday. While GDP was still 10.3% higher than the same quarter last year, the quarter-to-quarter contraction was the worst ever, and is a reminder of how volatile Singapore's economic output can be: Singapore Business Review (SBR): According to DBS Bank, this is a record sequential contraction and one that is worse than the supposedly “free-fall” in GDP experienced in the recent US financial crisis, the slump...
  • US Dollar Drops, Gold Jumps After Singapore News

    10/13/2010 8:47:45 PM PDT · by blam · 10 replies
    Reuters ^ | 10-13-2010 | Kevin Plumberg
    US Dollar Drops, Gold Jumps After Singapore By Kevin Plumberg Wed Oct 13, 2010 10:50pm EDT * Singapore lets currency appreciate more, knocks U.S. dollar * Aussie close to U.S. dollar parity, yen at 15-year high * Stocks, commodities gain as dollar index hits 10-month low * Resource-related stocks lead gaining sectors in Asia HONG KONG, Oct 14 (Reuters) - The U.S. dollar tumbled to a 10-month low on Thursday after Singapore unexpectedly tightened policy to let its currency rise, lifting Asian stocks and copper to two-year peaks and gold to a record high. The dollar's decline against a basket...
  • Germany Economy Expands Most Since Reunification [Singapore On Course For Record Growth]

    08/13/2010 5:49:44 PM PDT · by fight_truth_decay · 3 replies
    TELEGRAPH.CO.UK ^ | 9:25PM BST 13 Aug 2010 | Angela Monaghan, Economics Correspondent
    Germany enjoyed an unexpectedly strong second quarter as the economy grew at the fastest pace in 23 years.Gross domestic product in Europe's largest economy increased by 2.2pc compared with the first quarter, far exceeding forecasts of a 1.3pc gain. The sharp rise was driven predominantly by growth in exports. "Such a quarter-on-quarter growth has never been recorded before in reunified Germany," said the German statistics office. "The recovery of the German economy, which lost momentum at the turn of 2009/2010s, is really back on track."
  • Nice 'Think Family' advert [Video]

    08/13/2010 10:50:20 AM PDT · by James C. Bennett · 2 replies
    ThinkFamily Singapore ^ | 13 August, 2010 | ThinkFamily
    This is an advert from Singaporean television. I thought some of you might find it interesting. Enjoy. LINK: Click here to watch.
  • Singapore Forecasts 15% Economic Growth

    07/15/2010 4:35:12 AM PDT · by Cronos · 21 replies · 1+ views
    The New York Times ^ | 14-July-2010 | Bettina Wassener
    Singapore is on pace to be among the world’s fastest-growing economies this year, after a spurt in the first half prompted the government on Wednesday to project an expansion of as much as 15 percent for 2010. That would be four times the pace at which the United States economy is expected to grow. snip Singapore is one of the Asia-Pacific region’s most open economies, serving as a major financial center and as an important production and research hub for pharmaceuticals and electronics. snip The main driver was the manufacturing sector, which expanded 46 percent, thanks to gains in biomedical...
  • Marina Bay Sands Singapore (Infinity pool pics!)

    06/29/2010 10:56:39 AM PDT · by erkyl · 8 replies · 1+ views
    The Marina Bay Sands ^ | 6/24/2010 | N/A
    The Sands SkyPark is an awe-inspiring engineering wonder. This unique structural masterpiece, designed by visionary architect Moshe Safdie, floats atop the three soaring Marina Bay Sands hotel towers 200m in the sky. Stretching longer than the Eiffel tower laid down or four and a half A380 Jumbo Jets, with an impressive 12,400 square meters of space, the Sands SkyPark can host up to 3900 people. The gravity-defying cantilever is one of the largest of its kind in the world. From this privileged observation deck, hundreds of visitors at a time can feast their eyes on the unforgettable panorama view.
  • Pirates Seize Singapore Cargo Ship in the Gulf of Aden

    06/28/2010 11:30:40 PM PDT · by nickcarraway · 7 replies · 1+ views
    BBC ^ | Tuesday, 29 June 2010
    Pirates in the Gulf of Aden off the coast of Somalia have captured a Singapore-flagged cargo ship with 19 Chinese crew on board, maritime authorities said. The Golden Blessing cargo ship is a petroleum and chemical tanker. It was travelling to India from Saudi Arabia when it was hijacked. All 19 crew are reported to be safe. Rescue efforts had begun according to the China Marine Rescue Centre. Singapore maritime authorities said the ship had been chartered to Shanghai Dingheng Shipping Co Ltd, adding that they were closely monitoring the situation. An employee of Golden Pacific International Holdings, which owns...
  • Fricker gets 5 months' jail, caning over vandalism & trespassing charges

    06/28/2010 4:35:49 PM PDT · by James C. Bennett · 24 replies · 1+ views
    Channel News, Singapore ^ | 25 June 2010 1843 hrs | Channel News
    SINGAPORE : Swiss national Oliver Fricker has been sentenced to five months jail and three strokes of the cane. The 32-year-old IT consultant pleaded guilty to trespassing into the SMRT Changi Depot and spray-painting two train carriages. A third vandalism charge for cutting the depot's fence was taken into consideration. Fricker committed the offences between May 16 and 17 with an alleged accomplice, identified as Dane Alexander Lloyd, a Briton who has since left Singapore. The court was told Lloyd allegedly masterminded the plan, and had corresponded with a spray paint supplier before his arrival in Singapore on May 15....
  • The scariest pool in the world, 55 stories above ground

    06/27/2010 9:19:10 AM PDT · by DogByte6RER · 50 replies
    DVICE ^ | 25 June, 2010 | Kevin Hall
    The scariest pool in the world, 55 stories above ground The "Sands Skypark" in Singapore is a pool, greenway and casino with an usual location. The whole thing sits atop not one, but three skyscrapers that make up the Marina Bay Sands hotel. The infinity pool itself is nearly 500 feet in length and features no discernible edge. So what would happen if you swam over? Don't worry, you wouldn't just plummet to the streets below. Instead, you'd fall where the rest of the water does: a basin that also acts as a filter for the water and sends it...
  • Swiss Train Vandal to Be Caned, Jailed in Singapore

    06/26/2010 9:55:42 PM PDT · by nickcarraway · 88 replies · 2+ views
    AFP ^ | 6/26/10 | Idayu Suparto and Philip Lim
    A Singaporean court sentenced a Swiss man to five months' jail and three strokes of a cane Friday for breaking into a metro depot and spray-painting a train, a punishment that could scar him for life. Oliver Fricker, a 32-year-old expatriate winding up a posting in Singapore as a software consultant, had pleaded guilty to trespass and vandalism, which are considered serious offences in the city-state. Fricker was sent immediately to jail but his lawyer Derek Kang said he intended to appeal the sentence, which comprises consecutive terms of three months for vandalism and two months for trespass.
  • Boeing bites into Asian pie

    06/22/2010 7:31:45 AM PDT · by sukhoi-30mki
    Flight International ^ | 22/06/10 | Ghim-Lay Yeo
    Boeing bites into Asian pie By Ghim-Lay Yeo Boeing Defense, Space and Security (BDS) expects a sizable chunk of its international business growth over the next five years to come from Asia, as the company continues to seek opportunities abroad in the face of a shrinking US defence budget. Non-US business made up 16% of BDS's total business last year, worth $34 billion in all, says chief executive Dennis Muilenburg. The company expects this to increase to 20-25% five years from now, and business from Asia, which takes up half of that international business segment, is expected to see strong...
  • Shame keeps country squeaky clean

    06/07/2010 9:43:13 PM PDT · by Maelstorm · 24 replies · 97+ views ^ | June 08, 2010 | Edition 1
    SINGAPORE: This country, where painting graffiti can get you caned and drug smugglers are hanged, is trying a new tactic against the city-state's litterbugs: embarrassing them in front of their neighbours. After studying the causes of littering for a year, the government yesterday boosted police patrols of "littering hot spots", added more and larger public rubbish bins and warned that two or more littering violations could lead to sentences of picking up litter in busy public areas while wearing a bright orange vest. "We will continue to take a tough stance towards litterbugs and improve the bin infrastructure," said Andrew...
  • Travel with the Budget of a Worker Bee, Swing like a VIP

    05/08/2010 3:36:49 PM PDT · by Niuhuru · 182+ views
    Associated Content ^ | April 30 2010 | Alice Winters
    Rarely are currency exchange rates as good for the American dollar as that of Asian countries. In Asia, the American dollar carries a lot of clout and with the recent devaluation of the USD; it is a good thing that these countries offer an excellent trip for so little cost to Americans.
  • Travel Like a VIP on a Small Budget in Asia

    04/30/2010 12:29:29 PM PDT · by Niuhuru · 16 replies · 583+ views
    Associated Content ^ | April 30 2010 | Alice Winters
    Rarely are currency exchange rates as good for the American dollar as that of Asian countries. In Asia, the American dollar carries a lot of clout and with the recent devaluation of the USD; it is a good thing that these countries offer an excellent trip for so little cost to Americans.
  • Singapore revalues dollar after growth spike

    04/15/2010 1:21:13 AM PDT · by bruinbirdman · 329+ views
    The Financial Times ^ | 4/14/2010 | Kevin Brown in Singapore and Geoff Dyer in Beijing
    Singapore has revalued its currency to head off inflation after year-on-year economic growth surged 13.1 per cent in the first quarter. The move by the Monetary Authority of Singapore on Wednesday helped to push up most currencies in developing Asia as traders speculated that regional economic expansion was accelerating, increasing the likelihood of a fresh round of interest rate rises. Official data are expected to show on Thursday that the Chinese economy grew at an annual rate of 12 per cent in the three months to March, its fastest rate in three years. China’s robust recovery from the global crisis...
  • Singapore’s lesson from Harvard model (Is the Ivy League's Investment Model Faltering?)

    04/09/2010 7:09:55 AM PDT · by SeekAndFind · 351+ views
    Financial Times ^ | 04/09/2010 | Gillian Tett
    The doughty Government Investment Corporation of Singapore is not often a hotbed of heretical thought. Recently, however, a debate has been bubbling at the GIC that has fascinating implications for investors round the world. The issue at stake revolves around the so-called Harvard or Yale investment model. During most of its recent history, the GIC – like many other sovereign wealth funds round the world – has looked at these huge university endowment funds with envy and admiration. For the Harvard or Yale model seemed to offer an exciting vision for any long-term investment group that wanted to do more...
  • Inauguration of the RSAF's First Local F-15SG Squadron

    04/05/2010 6:35:54 PM PDT · by ErnstStavroBlofeld · 3 replies · 349+ views
    MINDEF ^ | 4/05/2010 | MINDEF
    Deputy Prime Minister and Minister for Defence Teo Chee Hean officiated at the inauguration ceremony of 149 Squadron, the Republic of Singapore Air Force's (RSAF's) first local F-15SG Squadron, at Paya Lebar Air Base this afternoon. The F-15SG Squadron will join the fighter group under the Air Combat Command, which plans, controls and executes air warfare operations. This marks a significant milestone in the 3rd Generation RSAF's development of its advanced fighter capabilities. Speaking at the inauguration ceremony, Mr Teo highlighted the crucial role that the F-15SG squadron will play in enhancing the Singapore Armed Forces' (SAF's) ability to deal...
  • Singapore 'to get Israel's Iron Dome'

    04/04/2010 11:08:42 PM PDT · by ErnstStavroBlofeld · 9 replies · 457+ views
    Space Daily ^ | 4/02/2010 | UPI via Space Daily
    Singapore is reported to be acquiring Israel's new Iron Dome anti-missile air-defense system under a once-secret military cooperation pact with the Jewish state that dates to the 1960s. Indeed, according to the Paris Intelligence Online Web site, Singapore helped finance the development of the system by Rafael Advanced Defense Systems. It says that Iron Dome was always intended for the island, a key Asian shipping hub and one of the richest per capita states in the world, because of its strategic location as a trading center. The Israeli air force, which runs the Jewish state's air defense network, completed test-firings...
  • Feeding Starving People

    03/20/2010 10:47:31 AM PDT · by Congressman Billybob · 19 replies · 582+ views
    Special to FreeRepublic ^ | 20 March 2010 | John Armor (Congressman Billybob)
    Last Saturday, we did something that was only a small step up from mindless, unskilled labor. I’m glad we did it. We recommend it to everyone else. An enthusiastic lady came to our Rotary meeting a week before. She was a teacher, acting as a volunteer for her church. She asked us to join with people from another half dozen other Rotary Clubs to pack 100,000 meals for starving people in Haiti. We decided it was a good cause, and we went. There were two shifts requested at the National Guard Armory in the County Seat of Franklin, North Carolina....

    03/03/2010 9:47:40 PM PST · by Velveeta · 532 replies · 5,882+ views
    3/3/2010 | Freeper Collaboration
    Image by Cool Text: Logo and Button Generator
  • Singapore Warns of Strait Attack (terrorist attacks on ships in Malacca Strait?)

    03/04/2010 6:08:55 AM PST · by TigerLikesRooster · 16 replies · 533+ views
    WSJ ^ | 03/04/10 | WAYNE MA
    * MARCH 4, 2010, 8:57 A.M. ET Singapore Warns of Strait Attack By WAYNE MA SINGAPORE--Terrorists may be planning attacks on oil tankers and other large ships in the Malacca Strait, the Singapore Shipping Association said Thursday, citing an advisory from the Singapore Navy. The warning, if accurate, may signal a tactical shift for terrorist groups operating in the region that would include sea-based targets. The navy's Information Fusion Centre "received an indication that a terrorist group is planning attacks on oil tankers in the Malacca Straits," it said in the advisory, which was reviewed by Dow Jones Newswires. "This...
  • Singapore’s F-15 fleet grows; Silent Eagle preps for flight test

    02/10/2010 9:02:42 PM PST · by ErnstStavroBlofeld · 1 replies · 364+ views
    AN Online ^ | 1/31/2010 | David Donald
    The design maybe 40 years old, but there is plenty of life left in the F-15 Eagle fighter. Boeing’s St. Louis factory is producing F-15Ks for South Korea and F-15SGs for Singapore, and current orders mean that the Eagle will be in production into 2012. Meanwhile, Boeing Defense, Space and Security (DSS) is maintaining the technology insertion program that has seen the F-15 remain a viable option in today’s tactical aircraft marketplace. “We believe there’s a great market for us in the tac air business,” said Jeffrey Johnson, Boeing DSS’s vice president business development for Global Strike Systems. “We can...
  • Singapore first to order

    02/02/2010 12:56:35 AM PST · by ErnstStavroBlofeld · 2 replies · 523+ views
    Flight International ^ | Flight International
    Singapore has ordered 24 Boeing F-15SG multi-role fighters, making it the first South-East Asian country to order the type and ensuring its air force retains its edge as the region's most potent strike force. Republic of pilots began training with the F-15SGs at Mountain Home AFB in Idaho, USA, last year. The air force will replace its McDonnell Douglas A-4 Skyhawks with the F-15s, but has not said when it would fly the aircraft from Singapore. It has also not released details about their configuration, apart from confirming that 29,000lb-thrust (130kN) General Electric F110-GE-129 engines will power them. A US...
  • SINGAPORE 2010: Asian fighter requirements continue to grow

    01/24/2010 8:56:34 PM PST · by sukhoi-30mki · 1 replies · 392+ views
    Flight International ^ | 25/01/10 | Siva Govindasamy
    SINGAPORE 2010: Asian fighter requirements continue to grow By Siva Govindasamy The Asia-Pacific fighters market will continue to be the world's most active over the next decade, with the countries likely to buy more than 500 aircraft to supplement existing fleets, embark on upgrades and acquire new capabilities to take them into the next stage of their development. "For many Asian countries, fourth-generation planes will be useful and relevant for decades to come, and we'll see orders for a few more batches of these," says Richard Aboulafia, vice-president analysis at the Teal Group. "But for Japan and Singapore, there's a...
  • S'pore kidney donor save man's life but sleeps with his wife

    01/04/2010 5:29:09 PM PST · by Born Conservative · 32 replies · 1,212+ views
    AsiaOne News ^ | 1/5/10 | Benson Ang
    JOHN, whose kidneys were failing, thought his life would change when a donor stepped forward. It did change - but in more ways than John (not his real name)expected. He discovered that the donor was his wife's secret lover. He was shattered. Then, another shock: He learnt he wasn't the biological father of his young child. The same man who gave him a new lease on life was also the biological father of his kid. Still he decided to save the marriage. Then, the final straw: A private investigator told him his wife had broken her promise to keep away...
  • Guyanese National Charged with Smuggling Indian Nationals to the United States

    12/19/2009 5:11:21 PM PST · by Cindy · 7 replies · 676+ views
    Note: The following text is a quote: FOR IMMEDIATE RELEASEThursday, December 17, 2009 Guyanese National Charged with Smuggling Indian Nationals to the United States A Guyanese national has been indicted on charges of conspiracy and alien smuggling in connection with her role in the smuggling or attempted smuggling of four Indian nationals to the United States. Annita Devi Gerald, aka Annita Rampersad, 52, was charged in a nine-count indictment returned yesterday by a federal grand jury in the Southern District of Texas. Gerald was arrested by ICE special agents in Houston on Nov. 17, 2009, and has been held without...
  • Singapore: Bilingual Education Was Wrong, Lee Kuan Yew Says

    11/22/2009 6:45:30 AM PST · by TigerLikesRooster · 6 replies · 736+ views
    Chosun ^ | 11/20/09
    Bilingual Education Was Wrong, Lee Kuan Yew Says Former Singaporean Prime Minister Lee Kuan Yew on Tuesday admitted that Singapore's insistence on bilingual education has been wrong. The father of current Singaporean Prime Minister Lee Hsien Loong, Lee now holds the honorary title of minister mentor and was prime minister from 1959 to 1990, and senior minister from 1990 to 2004. When Singapore separated from Malaysia in 1965, Lee made the country strictly English-speaking for the subsequent 19 years. But with the rise of China as a powerhouse in the global community, Lee hoped to make the country bilingual, having...

    11/22/2009 6:20:18 AM PST · by AmericanInTokyo · 37 replies · 2,035+ views
    Business Week ^ | 22 November 2009 | Bruce Nussbaum, in Singapore
    Sitting here in Singapore as President Obama went through China and flew home from his 8-day trip to Asia, it is perhaps easier to see the true truth of his trip—it’s deep failure....
  • Jamaica vs. Singapore (in 1965, both were equal in wealth, today one is richer than the other)

    11/19/2009 7:55:57 AM PST · by SeekAndFind · 35 replies · 5,547+ views
    The American ^ | 11/19/2009 | Josh Lerner
    In 1965 the two nations were equal in wealth. Four decades later, their standing was dramatically different. What accounts for the difference? Silicon Valley, Singapore, Tel Aviv—the global hubs of entrepreneurial activity all bear the marks of government investment. Yet, for every successful public intervention spurring entrepreneurial activity, there are many failed efforts, wasting untold billions in taxpayer dollars. When has governmental sponsorship succeeded in boosting growth, and when has it fallen terribly short? Should the government be involved in such undertakings at all? These issues are particularly timely, given the many billions of dollars governments spend worldwide to prop...
  • BREAKING: World Leaders Agree to Delay Global Warming Deal

    11/15/2009 5:56:45 AM PST · by Texas Fossil · 42 replies · 1,490+ views
    News Busters ^ | November 14, 2009 - 23:50 ET | Noel Sheppard
    World leaders meeting in Singapore have decided to punt on reaching any firm agreement at next month's global warming conference in Copenhagen. The decision represents a huge setback to the Obama administration's goal of passing a cap and trade bill this year, which conversely is great news for virtually every company in America that has been worried about the higher cost of doing business that would come from the enactment of such legislation.
  • Obama says he wants to visit Hiroshima in future

    11/10/2009 4:20:15 AM PST · by DavidAccord · 93 replies · 2,692+ views
    TOKYO – President Barack Obama says he wants to visit Hiroshima and Nagasaki sometime during his presidency but won't have time during this week's trip to Japan to go to the cities devastated by U.S. atomic bombs at the end of World War II. No sitting U.S. president has visited the two cities largely because of the controversy it could raise at home. In an interview with Japanese broadcaster NHK that ran Tuesday, Obama said he would be unable to visit the cities on his trip to Japan this weekend due to time constraints but would be willing to do...
  • Potential Net Migration Could Change Nations (Singapore is the place most people want to migrate to)

    11/07/2009 7:48:53 PM PST · by SeekAndFind · 26 replies · 1,223+ views
    Gallup ^ | 11/6/2009 | Neli Esipova, Rajesh Srinivasan, and Julie Ray
    If all the adults worldwide who Gallup surveys show would like to migrate actually picked up and moved where they wanted, Gallup's Potential Net Migration Index (PNMI) suggests many developed countries could be overwhelmed and many developing countries could sit relatively empty. The Potential Net Migration Index is the estimated number of adults who would like to move permanently out of a country subtracted from the estimated number who would like to move into it, as a proportion of the total adult population. The results are based on nationally representative surveys of more than 260,000 adults worldwide. The higher the...
  • What Singapore Can Teach the White House (Its health care is first class, cheap and market-driven)

    10/21/2009 12:13:31 PM PDT · by SeekAndFind · 23 replies · 976+ views
    Lux Libertas ^ | 10/21/2009 | William McGurn
    Critics of this island-nation often have fun referring to it as the “nanny state” for its laws against spitting, littering, or leaving behind an unflushed loo. When it comes to health care, however, Uncle Sam has better claim to the nanny title. From our federal price “negotiations” and state regulations to discrimination in the tax code, government distortions prop up a system that puts key health-care decisions in the hands of everyone but the patient. Each new government intrusion, moreover, begets only higher costs—and a call for more intervention to fix the problem. In Singapore, by contrast, they already have...
  • What Singapore Can Teach the White House

    10/21/2009 12:01:51 PM PDT · by SeekAndFind · 7 replies · 355+ views
    China Daily ^ | 10/21/2009
    Critics of this island-nation often have fun referring to it as the "nanny state" for its laws against spitting, littering, or leaving behind an unflushed loo. When it comes to health care, however, Uncle Sam has better claim to the nanny title. From our federal price "negotiations" and state regulations to discrimination in the tax code, government distortions prop up a system that puts key health-care decisions in the hands of everyone but the patient. Each new government intrusion, moreover, begets only higher costs—and a call for more intervention to fix the problem. In Singapore, by contrast, they already have...
  • Miss Singapore World resigns after lingerie fraud

    09/30/2009 5:38:36 PM PDT · by NormsRevenge · 28 replies · 1,655+ views
    Reuters on Yahoo ^ | 9/30/09 | Neil Chatterjee
    SINGAPORE (Reuters) – Beauty queen Miss Singapore World has given up her crown after it emerged that she had stolen credit cards to go on a shopping spree for lingerie. Ris Low had come under public pressure to be stripped of her 2009 title, after local media reported she stole seven credit cards last year while working at a medical clinic, buying goods worth about S$8,000 ($5,662) including gold anklets and phones. Organizers of the pageant ERM World Marketing said she had resigned Tuesday of her own accord. She will no longer represent Singapore at the Miss World finals to...
  • 2009 Singapore Grand Prix - Live Thread

    09/25/2009 2:50:16 PM PDT · by Chode · 24 replies · 492+ views
    Chode ^ | 9/25/2009 | Chode
  • Revealed: The ghost fleet of the recession anchored just east of Singapore (Recession NOT Over Ben!)

    09/16/2009 10:43:56 AM PDT · by fightinbluhen51 · 24 replies · 1,625+ views
    UK Daily Mail ^ | 16 September 2009 | Simon Parry
    The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination - and is why your Christmas stocking may be on the light side this year The tropical waters that lap the jungle shores of southern Malaysia could not be described as a paradisical shimmering turquoise. They are more of a dark, soupy green. They also carry a suspicious smell. Not that this is of any concern to the lone Indian face...
  • Ghost Fleet of the Recession - hundreds of cargo ships parked in 'secret' Singapore harbor

    09/13/2009 7:36:56 PM PDT · by BP2 · 46 replies · 6,060+ views
    The Big Picture ^ | September 13, 2009 @ 7:58 pm | Barry Ritholtz
    The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination> – and is why your Christmas stocking may be on the light side this year. >Fascinating article by Simon Parry in the Daily Mail this evening on the Ghost Fleet of Singapore — 100s of empty container ships sidelined by the recession.Excerpt: Here, on a sleepy stretch of shoreline at the far end of Asia, is surely the biggest and...
  • Revealed: The ghost fleet of the recession (Largest fleet in history- going nowhere- thanks Obama!)

    09/13/2009 12:50:31 AM PDT · by blueglass · 33 replies · 2,725+ views
    Daily Mail UK ^ | 9-13-09 | Simon Parry
    The world's ship owners and government economists would prefer you not to see this symbol of the depths of the plague still crippling the world's economies The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination. Do not tell these men and women about green shoots of recovery. As Briton Tim Huxley, one of Asia's leading ship brokers, says, if the world is really pulling itself out of recession, then all...
  • Malaysia PM urges caning appeal

    08/25/2009 5:30:26 AM PDT · by Cardhu · 4 replies · 296+ views
    Al Jazeera ^ | August 25th 2009 | Agencies
    Malaysia's prime minister has urged a Muslim woman sentenced to be caned for drinking beer, to appeal her sentence. Najib Razak said that a formal appeal against her sentence would probably get Kartika Dewi Shukarno a sympathetic hearing from Islamic authorities. "Kartika should appeal instead of being too quick in asking for punishment," Najib Razak told reporters in Putrajaya, Malaysia's administrative capital. He added that the authorities were "sensitive to the implication of the punishment". However, speaking by phone to Al Jazeera from her home in Malaysia's Pahang state, Kartika told Al Jazeera she had no intention of appealing because...
  • Singapore shoots down "rumor" of APEC attack plot

    08/23/2009 10:30:34 PM PDT · by rdl6989 · 2 replies · 499+ views
    Reuters ^ | Aug 24, 2009
    SINGAPORE (Reuters) - Singapore has downplayed media reports of a plot to attack an Asia-Pacific summit in the city-state in November, the Straits Times newspaper reported on Monday. "The rumors are rumors. You check it, if it is unverifiable, you know you can't be chasing after every rumor,' Second Home Affairs Minister K. Shanmugam was quoted by the daily as saying during a mock terrorist attack exercise on Sunday. The Singapore Police Force and the Ministry of Home Affairs were not available for immediate comment. An intelligence analyst from the Center for Intelligence and National Security in Indonesia told Reuters...
  • Severity of Islamic Law Fuels Debate in Malaysia

    08/22/2009 10:31:18 PM PDT · by george76 · 4 replies · 621+ views
    wsj ^ | AUGUST 22, 2009 | JAMES HOOKWAY
    Some time in the next few days, a Malaysian Muslim woman named Kartika Sari Dewi Shukarno will be caned under Islamic laws for drinking glasses of beer in a hotel bar, and a number of political analysts say the country's increasingly fractious politics are partly to blame. The ruling National Front and the Islamist component of an opposition alliance are competing to place themselves as the guardians of a faith that has taken an increasingly political face in Malaysia over the last 20 years. The National Front accuses the Pan-Malaysian Islamic Party, or PAS, of giving up some of its...
  • Singapore prime minister: Evangelization threatens nation’s stability

    08/21/2009 6:19:00 AM PDT · by Pope Pius XII · 9 replies · 528+ views
    Catholic Culture ^ | August 21, 2009
    Prime Minister Lee Hsien Loong, who assumed office in 2004, is warning that evangelization threatens the stability of his island nation. Citing “aggressive preaching” and criticizing the “wave of revival, megachurches, and tele-evangelism” he sees in the United States, the Buddhist prime minister-- and Catholic high school alumnus-- said that “the most dangerous fault line is race and religion.” An estimated 4% of the nation’s 4.6 million inhabitants are Catholic; 43% are Buddhist, and 15% are Muslim.
  • Cyber warriors trawl web for extremist threats

    08/18/2009 3:24:20 AM PDT · by Cindy · 3 replies · 353+ views
    (AFP) via GOOGLE news ^ | August 16, 2009 | By Martin Abbugao (AFP) – 2 days ago
    SNIPPET: "SINGAPORE — Nur Azlin Mohamed Yasin spends several hours a day trawling the Internet, but she is not your typical young surfer, descending into a world of bomb-making, militancy and extremism. From her computer, she enters a world where young Muslims openly volunteer to fight against US-led coalition troops in Afghanistan or learn how to make explosives out of everyday materials. The 24-year-old Singaporean research analyst is constantly on the lookout for attack manuals, video clips of Islamist militants in training and fiery extremist chatter that could hint at an imminent assault somewhere."
  • Singapore Boy Survives Nine-Storey Fall

    08/12/2009 10:00:14 PM PDT · by nickcarraway · 4 replies · 320+ views
    Hindustan Times ^ | August 11, 2009
    A Singapore boy survived a fall from an open window of the family flat on the ninth floor of an apartment building, escaping with cuts to his face and body as well as a fractured ankle, a media report said on Tuesday. Park Sihu, a three-year-old boy, landed in bushes in front of the building. He was found conscious and crying, but still able to respond to his mother, despite clearly being traumatized, the Straits Times newspaper reported. The little boy had been climbing on a bed beside an open window when he fell. His two elder sisters were in...
  • Singapore’s Health Care system

    08/01/2009 12:39:40 PM PDT · by Halfmanhalfamazing · 21 replies · 1,085+ views
    Healthcare Economist ^ | January 14th
    Bryan Caplan of EconLog has an interesting blog post on Singapore’s Health Care System. In the post, he reviews Ghesquiere’s “Singapore’s Success,” analyzing Singapore’s health care system. Harford finds that Singapore spends a third of what the U.S. does on health care (as a percentage of GDP) yet has better health indicators. Of course, much of this may be attributable to lifestyle differences rather than a superior health care system. Nevertheless, the Singapore system has some very interesting characteristics: * There are mandatory health savings accounts: “Individuals pre-save for medical expenses through mandatory deductions from their paychecks and employer contributions…...
  • Fugitive linked to Jakarta blasts

    07/20/2009 4:46:25 AM PDT · by Fred Nerks · 3 replies · 397+ views
    BBC ^ | Page last updated at 12:50 GMT, Saturday, 18 July 2009 | u/a
    Tributes are left for those killed in the hotel attacks Indonesian officials say there are "strong indications" a key wanted fugitive was behind Friday's deadly attacks on two hotels in Jakarta. Noordin Mohamed Top is wanted for plotting the Bali bombings of 2002 and 2005 and other Indonesian attacks. Nine people, including two suicide bombers, died in the attacks on the Ritz-Carlton and JW Marriott. At least four of Friday's victims are said to be foreigners but have not all been formally identified. See map of area Police in the Indonesian capital are studying DNA and other evidence to...
  • U.S. Cities Consider Congestion Pricing

    07/14/2009 6:11:04 PM PDT · by Tolerance Sucks Rocks · 11 replies · 689+ views
    National League of Cities ^ | July 13, 2009 | Matt Bradley and Julia Pulidindi
    The social and economic costs of lost productivity and wasted fuel from traffic-choked streets are estimated to be $87 billion a year, according to the Texas Transportation Institute’s 2009 Urban Mobility Report. So far, federal, state and local efforts — focused mostly on expanding road capacity — have been largely unsuccessful at slowing the growing congestion on U.S. roads. Transportation experts now advocate a different approach, changing the emphasis from increasing supply to reducing demand. To reinforce smart growth policies, plug mounting transportation funding gaps and achieve immediate traffic relief, London, Stockholm, Singapore, Milan and three cities in Norway have...
  • Singapore Navy Launches Its First Swedish Archer-Class Submarine

    06/18/2009 6:34:32 AM PDT · by sukhoi-30mki · 3 replies · 1,179+ views
    Defence Professionals ^ | June 18, 2009
    Singapore Navy Launches Its First Swedish Archer-Class Submarine 12:49 GMT, June 18, 2009 RSS Archer is one of two ex-Swedish Navy Vaastergotland-class submarines acquired by Singapore in 2005 and comprehensively upgraded, to include air-independent propulsion. (Singapore MoD photo) Deputy Prime Minister and Minister for Defence Teo Chee Hean officiated at the launch ceremony of the Republic of Singapore Navy's (RSN) first Archer-class submarine, RSS Archer, at the Kockums Shipyard in Karlskrona, Sweden, on 16 Jun 2009. The submarine was launched by Mrs Teo Chee Hean. Sweden's State Secretary for Defence, Håkan Jevrell, State Secretary for Trade and former Commander of...
  • Christian couple convicted for anti-Muslim booklets

    05/28/2009 12:34:19 PM PDT · by Chet 99 · 20 replies · 624+ views
    SINGAPORE (AFP) — A Christian Singaporean couple were found guilty of sedition on Thursday for distributing evangelical publications that cast Islam in a negative light, court officials said. Ong Kian Cheong and his wife Dorothy Chan had been charged with distributing a seditious publication to two Muslims in October and March 2007 and sending a second such booklet to another Muslim in December that same year, a district court official told AFP. The publications were found to have promoted feelings of ill-will and hostility between Christians and Muslims, the Straits Times said on its website. A hearing was set for...