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Archive for December, 2007

Teenager gets probabtion for burning uncle’s car

Posted by jtsmyth8 on December 19, 2007

Teenager was placed on 24 months’ probation on Wednesday for burning his uncle’s car at a multi-storey carpark with his accomplice. Louis Hong Hsieh Shuen, 17, had pleaded guilty earlier to committing mischief by fire with Ho Ki Yeow, 17, at the Commonwealth Avenue carpark on Oct 24 last year.

The damage caused to Mr Ernest Tan’s car amounted to $40,500.

Ho has earlier been placed on 21 months’ probation for the offence.

A court heard that Hong bore grudges against Mr Tan’s wife over the inheritance left behind by his late father.

Once while he was cycling around Commonwealth Avenue, he spotted Mr Tan and his wife coming out of the multi-storey carpark in a car.

He then decided to take revenge on the victim’s wife by burning the car.

He roped in Ho. (story)

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FairPrice extends holiday saving through Chinese New Year

Posted by jtsmyth8 on December 19, 2007

Singapore’s largest supermarket chain, NTUC FairPrice, starting Thursday, with its new five per cent discount off over 500 house brand items – but only till the end of February. This latest move announced on Wednesday will cost FairPrice $3 million.

The 500-plus discounted products range from rice, bread and cooking oil to household cleaners.

‘As a social enterprise, NTUC FairPrice is mindful of its role in helping to moderate the cost of living in Singapore,’ said the cooperative’s chairman Ng Ser Miang.

For example, Mr Chong Kiang Leong, a taxi driver and the breadwinner of a family of six, has managed to reduce his family’s $160 weekly grocery bill by $25. (story)

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20% Singaporeans unsure about retirement plans

Posted by jtsmyth8 on December 19, 2007

Save your money. The earlier you start the better. Put your money into safe investments. Bonds, guaranteed investments, money market funds. If you are more savvy and can handle fluctuation then invest in the stock market but choose your companies wisely, stick with the big companies or better yet just talk to an investment adviser and get some good advice.

“More than a third are clueless about how much money they would need for their golden years. And close to a fifth feel they need more than $1 million to retire comfortably.

The study touched on three main issues: their ideal retirement age, what age they can afford to retire, and how much money they need to retire.” (story)

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Singapore aims to be global leader for clinical trials

Posted by jtsmyth8 on December 19, 2007

In its bid to become a regional clinical trials powerhouse, has joined the Association of Clinical Research Professionals (ACRP), which has 20,000 members in more than 60 countries. Getting the stamp of approval from this United States-based international organisation means that Singapore can tell the world that its clinical trial practices adhere to international ethical standards and patient welfare safeguards.

Also on the cards here is a new national body, the Academic Clinical Research Organisation, which will coordinate the later phases of clinical trials both here and in the region.

These trials test new drugs on humans.

Boosting Singapore’s clinical trials credentials is part of the country’s current biomedical research push to translate scientific discoveries in the laboratory into actual cures for patients. (story)

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Festival ends successfully

Posted by jtsmyth8 on December 18, 2007

The Media Development Authority (MDA) – host of the 2007 Asia Media Festival – has clinched a landmark collaboration with an international agency and sealed several regional projects, ending the two-week event on a high note. At the opening ceremony of Festival last month, Minister for Information, Communications and the Arts, Dr Lee Boon Yang, had announced a collaboration between MDA and international talent agency, William Morris Agency (WMA).

The aim – to internationalise local capabilities and nurture the next generation of Singapore executives and talents to learn from industry veterans, and facilitate exchanges between Singapore and the Hollywood creative community. (story)

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