Malaysian police after Singapore cars with outstanding traffic summonses
(2 Jun) - Malaysian police are after Singapore-registered vehicles which have not settled their fines for unpaid traffic summonses. Johor Baru (South) traffic chief Deputy Supt Ooi Kok Seong said about four million summonses were issued to foreign vehicles, especially Singapore cars, since 2005. “Police are conducting an...
Singapore bought new Israeli-made UAVs at US$6 million each
The Heron 1 UAV (right). (2 Jun) - On May 23rd, Singapore activated a new air force squadron for its growing fleet of Heron UAVs. The Herons are to replace the 40 Searcher UAVs that have been in use for nearly a decade. Singapore has already retired 60 even older Scout UAVs. The Searcher is a scaled up Scout, which is about...
Indonesia bank ownership plans to hit DBS buy
JAKARTA, May 31 (Reuters) - Indonesia's central bank said it plans to cap single ownership in the country's banks at 40 percent for new investment, a rule that would scupper a $7.3 billion bid by Singapore's DBS Group Holdings for Bank Danamon, Asia's fourth-largest banking deal. The proposal appeared to be aimed at stopping...
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