Khaw congrats himself over HDB flat construction ramp-up
National Development Minister Khaw Boon Wan National Development Minister Khaw Boon Wan wrote a blog post today ('Shifting the Balance', 20 Feb), congratulating himself that after "4 years of hard work", the ramp-up of the HDB flat construction is "seeing results". He said, "Four years of hard work, ramping up new home construction,...
Josephine Teo: Current COE system to stay
Senior Minister of State for Transport Josephine Teo Last week (12 Feb), a question was asked in Parliament why LTA is not in favour of revamping the existing COE bidding system to allow: only the applicants to bid for themselves and pay-as-you-bid by applicants Senior Minister of State for the Transport Ministry, Josephine...
NEL breaks down on CNY eve, but firm’s net profit up
It was reported last week (10 Feb) that SBS Transit had posted a 27.8% rise in 2014 net profit, helped by higher ridership and fares. Net profit was $14.3 million last year, up from $11.2 million in 2013, as revenue jumped 12.2% to $951 million. Revenue from the bus segment rose 10.5% to $754 million, while revenue from the...
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