RSAF Jets With New Missiles

Wednesday, 3rd April 2013

Singapore will buy 120 missiles at the cost of about SGD $300 Million (USD $246 million). The sale will include 100 AIM-120C7 Advanced Medium Range Air-to-Air Missiles (AMRAAM) and 20 AIM-9X-2 Sidewinder Block II All Up Round Missiles. These missiles can be carried on any Singapore's 24 F-15SGs Jets for counter-piracy and counterterrorism roles.


PR From China Jailed Money Fraud

Tuesday, 2nd April 2013

A 51-year old fugitive from China and Singapore Permanent Resident (PR) Mr. Li Huabo, who is wanted by Interpol for alleged embezzlement in China, was sentenced to 15 months imprisonment for "receiving stolen money" amounting to more than S$180,000 in his Singapore bank accounts. The Commercial Affairs Department has also frozen about S$1.8 million of his assets here, as they were suspected to be the proceeds of crime. During the trial that was held in Singapore Subordinate Court, Mr. Li claimed his personal wealth was built through businesses on the sidelines and not through embezzlement. His last drawn monthly salary was 3000 yuan (S$600) working as as a low-level government accountant in Poyang County. He said, "They were all my own money," and insisted he had been framed by former co-workers.


Singapore To Scrap The Idea of Buying F-35B

Monday, 1st April 2013

Singapore is to buy its first squadron of vertical take-offs jets, which consisted of 12 planes, of Lockheed Martin's F-35B Lightning II Joint Strike Fighter (JSF) (see update below). The F-35 is the world's most expensive conventional weapon system but Lockheed promises the F-35 will be four times more effective than contemporary fighters in air-to-ground combat, three times more effective in reconnaissance and suppression, with better range, improved support, and equal costs. Singapore showed interest in acquring the F-35 since 2003.


SIA Crew Arrested In Australia For Carrying Heroin

Sunday, 17th March 2013

A Singapore Airlines (SIA) cabin crew member was arrested at Sydney International Airport after he allegedly tried to bring in 1.6kg of heroin in Australia. Nicholas Tan Ngat Liang, 50, was a leading steward who was on duty during the flight from Singapore to Sydney.


Breitling Jet Team Flies Over Sentosa

Saturday, 9th March 2013

[ad#side]The seven ship Breitling Jet Team, largest professional civilian aerobatic display team, performed over the sea in front of Siloso Beach, Sentosa, Singapore. The aerobatic team flies seven Aero L-39 Albatros jets. An aerobatics display showcased the Team's ability to perform highly complex individual and group manoeuvres, Rocket, Crossbow, Black Diamond, Blackbird, Avenger and Arrowhead, at breathtaking speeds which exhilarated the spectators.


Lucky Plaza Install Flood Barrier

Tuesday, 5th March 2013

Lucky Plaza has installed a million dollar flood barriers. This is barriers are designed to stop rain water from gushing into Lucky Plaza's basement if there is a flood along Orchard Road.


Singapore Zoo celebrates its 40th birthday

Friday, 1st March 2013

Singapore Zoological Gardens celebrates its 40th birthday with a series of events. The Singapore Zoo is giving a 40 per cent discount on its admission ticket prices for Singaporeans and permanent residents who turn 40 this year. But these individuals must visit with four other friends during the birthday month. The discount is valid from now till the end of the year.


Authority Imposes Restrictions On Car Loans

Tuesday, 26th February 2013

The Monetary Authority of Singapore (MAS) is imposing restrictions on loans for private cars to safeguard against borrowers defaulting on their repayments. As of immediate, the central bank said consumers will be limited to borrowing 60 per cent of the purchase price of a motor vehicle when the open market value (OMV) is S$20,000 or less (the cheaper 1.6 litres Korean/Japanese car). And 50 per cent cap on auto loan will be imposed when the OMV is more than S$20,000 (the more expensive car). The MAS is also capping the tenure of a motor vehicle loan at five years.


Lee Kuan Yew Had A Transient Ischaemic Attack

Saturday, 16th February 2013

Mr. Lee Kuan Yew, Former Minister Mentor and First Prime Minister of Singapore, was admitted to Singapore General Hospital after experiencing a suspected transient ischaemic attack (happens when blood flow to a part of the brain stops for a brief period of time) associated with a prolonged episode of atrial fibrillation (or irregular heartbeat).


Thai Tycoon Gain Control Of F&N

Wednesday, 30th January 2013

Thai billionaire, Charoen Sirivadhanabhakdi, take full control of F&N (Fraser and Neave Limited) after paying S$8.8 billion (US$7.1 billion) in cash for it. F&N was form as a public company in January 1898 to take over the business of Singapore Aerated Water Company and the Singapore and Straits Printing Office with a share capital of S$225,000. And a 115 years later is valued at S$13.75 billion (US$11.2 billion).


Newer Entries  |  Older Entries