More than 100 procurement & payment irregularities found during Dr Tony Tan’s tenure as NRF Chairman
Dr Tony Tan The Auditor-General’s Office (AGO) has just released the “Report of the Auditor-General for the Financial Year 2012/13″ [Link]. In the report, the Auditor-General revealed that there were more than 100 instances of irregularities in National Research Foundation's (NRF) procurement and payment process while...
PRC driver says brakes failed whereas SMRT says bus has a clean bill of health
One person died when an SMRT bus overturned (ST Photo). An SMRT bus service number 700A, suspected to be speeding, lost control and crashed into road barriers on the other side of the road before overturning. The accident happened on Sunday morning (21 Jul) at the junction of BKE slip road and Dairy Farm Road, resulting in 1...
MAS concerned about rising household debt in S’pore
At the MAS Annual Report 2012/13 Press Conference today (23 Jul), Managing Director of Monetary Authority of Singapore (MAS), Ravi Menon said that MAS is concerned over rising household debt in Singapore. He said that the combination of low interest rates, growing leverage, and surging property prices poses significant risks...
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