Nokia Singapore GM fined for taking bribes


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Nokia Singapore’s first woman General Manager (GM), Ms. Kitty Fong Kit Sum, was convicted on Tuesday of four charges of corruption and fined a total of $60,000. The 47-year-old unemployed woman was also ordered to pay a penalty of $8,864.48, the amount she took in one of the charges. She was found guilty of corruptly accepting bribes in the form of help from chief executive of Victor Tan of Accord Customer Care Solutions to acquire three company’s shares in 2003 and 2004 in return for helping ACCS further its business interest with Nokia.
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Caught selling illegal medicine in red-light district


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4 men was caught hawking the illegal sexual enhancement drug Power 1 Walnut pills (also known as Walnut Sex Wonder Pill), which made news early 2007 when the banned drug caused severe reactions in many men, who had to be hospitalised. Their products containing sildenafil – used for treating male erectile dysfunction. Police Officers raided their provision shop at Flanders Square off Petain Road and found assorted medicines displayed on the racks. 18 persons were found either unconscious at home or with severe and life-threatening symptoms of very low blood sugar after taking Power 1 Walnut. There were 47 suspected cases of adverse drug reactions to the same drug.

Airbus A380 superjumbo Went into Service


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The world’s biggest passenger plane, the Airbus A380 super-jumbo, completed its first commercial flight today. With 471 passengers on board the giant Singapore Airlines aircraft touched down safely at Sydney International airport, having flown to Australia from Singapore Changi Airport. Singapore Airlines with flight number SQ380 between Singapore and Sydney. The Airbus A380 with serial number MSN003 (registered as 9V-SKA) was delivered to Singapore Airlines on 15 October 2007 Read more »

Singapore Purchase 12 More F-15SG


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Singapore’s Ministry of Defence (MINDEF) exercised the option to purchase eight more F-15SG fighters as part of the original contract signed in 2005. Along with this buy, an additional order for four F-15SGs was made, bringing the total number of F-15SGs purchased to 24.

Boeing Singapore Aviation Training Centre Opened


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Boeing opened its new $100 million aviation training centre in Singapore for air crew and mechanics. The 7,000 sq m facility in Changi North Rise will be run by aircraft manufacturer Boeing’s training subsidiary, Alteon Training. When fully operational, it will house six full flight simulators and train up to 6,000 pilots, flight attendants and mechanics.  It have two new Boeing 787 simulators.

CDL Won South Beach Project


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A consortium led by property developer City Developments Ltd (CDL) has won a US Dollars 1.12 billion bid for development of two luxury hotels, office, retail and residential space on a prime location in the city-state known as the South Beach Project a 99-year leasehold development. South Beach Project has a gross floor area of 146,827 square metres (1,580,433 square feet), will be completed by 2016. The development will feature two new towers, 45 storeys and 42 storeys tall, which house two luxury hotels, offices and apartments. The original conserved military buildings of the old Beach Road Camp will be restored for retail and hotel-related uses such as function rooms. The project will add at least 46,450 square metres (500,000 square feet) of new office space and about 700 to 800 hotel rooms.

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7% GST In Singapore


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The Singapore GST (Goods & Services Tax) rate increased by two percentage points to 7%. A GST Offset Package to be given to Household would cost the Government $4 billion in total over five years.

Durai Guilty


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TT Durai was found guilty and was sentenced to 3 months jail for misleading NKF by fabricating a $20,000 invoice. He was arrested earlier.

RSAF UAV Command Inaugurated


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Minister for Defence Teo Chee Hean officiated at a parade to inaugurate the Republic of Singapore Air Force (RSAF) Unmanned Aerial Vehicle Command (RSAF UAV Command), at Murai Camp. Read more »

Lee Hsien-loong 25% pay raise


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Singapore increased the pay of Prime Minister Lee Hsien Loong by 25 percent as the government revises the salaries of its officials. Lee will be paid S$3.1 million annually. Lee will also receive a bonus tied to the performance of the economy. Top civil servants could receive an additional bonus equivalent to seven months’ pay based on their performance. The starting salary for new ministers, which includes bonuses, will rise to S$1.6 million from S$1.2 million a year. The monthly allowance for members of parliament will increase to S$13,200 from S$11,900. The salaries put the country’s ministers among the world’s highest-paid government officials.

Honorary Citizen Award on Mr Raymond and Dr Pierer


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Singapore honered Mr Lee R. Raymond (Retired Chairman of Exxon Mobil Corporation, USA) and Dr Heinrich von Pierer (Chairman of the Supervisory Board of Siemens AG, Germany) with the 2006 Honorary Citizen Award for their valuable contributions to Singapore. This is the fourth year Singapore is conferring the Honorary Citizen Award. President S R Nathan conferred the Honorary Citizen Award that was held at the Istana on 1 March 2007.

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New NKF V. NKF Trail


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A S$12 million civil suit to recover funds by the new NKF board against TT Durai and four other former board members – Richard Yong (the former chairman), Mathilda Chua (ex-director) and Loo Say San (ex-treasurer).  They were all declared bankrupt on May 16, 2007.

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