
S’pore woman involved in affair with Philadelphia Housing Authority chief
Executive Director of Philadelphia Housing Authority, Michael P Kelly (Philadelphia Daily News, 20 Jun) - Michael P Kelly was supposed to be Mr. Fix-It, a turnaround manager who would repair the scandal-scarred Philadelphia Housing Authority (PHA). But when Kelly abruptly left his post Friday as executive director of PHA, he...

GIC may buy stake in Indian defence contractor
(21 Jun) - Government of Singapore Investment Corporation(GIC), Singapore's sovereign fund, is said to be in talks to buy 2.5% in Nikhil Gandhi-promoted Pipavav Defence. Pipavav officials confirmed the company is in talks with GIC to sell the stake. At Tuesday's closing price of Rs 83.35, GIC will pay about Rs 143 crore...

Towards higher wages, higher productivity for all
[Mr Lim Swee Say, Minister in Prime Minister’s Office, wrote an editorial for May/Jun issue of PAP's magazine Petir. Following is what Mr Lim has written in Petir.] Lim Swee Say Everywhere in the world, workers want higher wages, employers want lower business costs. Having both is only possible with higher productivity and...
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