
Reform Party: Response to the SMRT Bus Drivers’ Strike
FOR IMMEDIATE RELEASE Illegal Strikers should be subject to Civil Penalties not Criminalized The Reform Party deplores the use of criminal sanctions against the PRC bus drivers. Several countries, including the UK, make strikes illegal where workers have not been balloted and where notice has not been given to management beforehand....

MAS flags risks from rising corporate debt!
Reuters- Nov 27, 2012 Singapore banks could see loan quality fall sharply should interest rates rise or if the economy worsens as corporate debt levels are high by historical standards, the city-state's central bank warned on Wednesday. "Corporates are more leveraged today than they were a year ago as low borrowing costs may...

China hopes S’pore will safeguard rights of arrested drivers
(Xinhua, 8 Dec) - Chinese Ministry of Commerce (MOC) said Friday that it hopes Singaporean authorities will properly handle the lawsuit concerning Chinese bus drivers and safeguard their rights. An official from MOC told Xinhua that the ministry has asked the Chinese Embassy in Singapore to negotiate with Singaporean authorities...
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