Singapore to spend $100 million on Apec meeting
From our Correspondent Singapore will spend $100 million dollars to host the Apec forum meetings this year. Among the leaders attending the meeting are U.S.'s Barack Obama and China's Hu Jintao. While the leaders' meetings will be held at the Istana, other meetings will be decentralized and held at various locations to minimize...
Man jailed 4 years for “nearly” knocking over police officer
From our Correspondent A 48-year-old man who almost ran over a police officer when avoiding a roadblock in June this year was sentenced to four years in jail. Gerard Alphonsus Louis was also fined S$39,800 and banned from driving for life. The incident happened on June 13 during an anti drink-driving ring-fencing operation at...
IMF describes Singapore’s monetary policies as “appropriate”
From our Correspondent The International Monetary Fund (IMF), in its Article IV Consultation with Singapore, has lent support to the government's monetary policies so far to cope with the global financial crisis. While Singapore is facing its worst economic contraction since independence, the IMF's Exective Director is confident...
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