Singapore Local News, 2012-01-30

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15,000 new jobs expected over next three years Over the next three years, 15,000 new jobs are expected to be created as Small and Medium Enterprises (SMEs) fully implement their upgrading projects with support from SPRING Singapore. Last year, SPRING Singapore committed S$98 million to........     Residential property prices down 0.8% in December: NUS index Prices of residential property in Singapore fell 0.8 per cent on-month in December last year, according to flash estimates of the Singapore Residential Property Index (SRPI) by the National University of Singapore (NUS). This........ CEA to refine Estate Agency Work Regulations: Khaw Boon Wan National Development Minister Khaw Boon Wan has tasked the Council for Estate Agencies (CEA) to see how the Estate Agency Work Regulations can be further refined. Writing on his blog, Mr Khaw said the CEA has had a good year and has........ Tiger Airways buys stake in Indonesian carrier Singapore budget airline Tiger Airways said on Monday it had bought a 33 per cent stake in beleaguered Indonesian carrier PT Mandala Airlines as part of its regional expansion plans. The investment will see Tiger Airways become the........ Stricter service standards, tougher penalties for telcos In view of more people coming onboard the 3G mobile network, as well as an increasing number of complaints from customers, the Infocomm Development Authority (IDA) will be tightening the minimum service quality standards for telcos...... Singapore and Myanmar sign MOU Singapore and Myanmar have paved the way for greater cooperation, with the signing of a Memorandum of Understanding. The agreement was signed by Minister for Foreign Affairs and Law K Shanmugam, and Myanmar's Union Minister for........ NUS, NTU MBA programmes place in global rankings The National University of Singapore (NUS) Business School's Master of Business Administration (MBA) has retained its 23rd place in the Financial Times Global MBA Rankings 2012 for the second year running - the highest ranking attained by a........ Clariden sued in Singapore over minor's trades A lawsuit has been filed against Credit Suisse Group AG's private banking unit Clariden Leu at the Singapore High Court, with the plaintiffs claiming that Clariden had induced a 19-year-old minor to make risky trades in futures contracts and........ Woman placed on probation for having sex with father A 25-year-old woman has been placed on probation for one year for having sex with her own father, in what is believed to be Singapore's first consensual incest case. The woman, who is now living with her maternal aunt, has also been........ Stricter service standards, tougher penalties for telcos In view of more people coming onboard the 3G mobile network, as well as an increasing number of complaints from customers, the Infocomm Development Authority (IDA) will be tightening the minimum service quality standards for telcos...... PUB accepts flood panel recommendations National water agency PUB has accepted the recommendations of the expert panel for drainage design and flood protection measures, and will carry out a slew of improvement works over the next five years. It will spend about S$750 million to........ NUS, NTU MBA programmes place in global rankings The National University of Singapore (NUS) Business School's Master of Business Administration (MBA) has retained its 23rd place in the Financial Times Global MBA Rankings 2012 for the second year running - the highest ranking attained by a........ ERP rates at three gantries revised Electronic Road Pricing (ERP) rates at three gantries will be revised and will take effect from next Monday. At the CTE gantry north of Braddell Road, the revised ERP rate for the period of 7am to 7.30am will be S$1, down by........

Temporary diversion for certain SMRT bus services this Sunday SMRT bus services 61, 190, 851, 961 and 970 will be temporarily diverted from 3pm to 11pm due to road closures for Chinese New Year celebrations this Sunday. Passengers may contact SMRT Customer Relations at 1800-336-8900 on weekdays during........     Lorry crane catches fire, no one injured SINGAPORE : A lorry crane caught fire near the junction of Jalan Buroh and Jurong Port Road on Monday afternoon...... CEA to refine Estate Agency Work Regulations: Khaw Boon Wan National Development Minister Khaw Boon Wan has tasked the Council for Estate Agencies (CEA) to see how the Estate Agency Work Regulations can be further refined...... Singapore and Myanmar sign MOU SINGAPORE : Singapore is set to play a bigger role in assisting Myanmar's progress, now that a bilateral Memorandum of Understanding (MOU) on the Singapore-Myanmar Technical Cooperation Programme has been signed...... Former cabby jailed for molesting neighbour's maid A former taxi driver was jailed two weeks on Monday after he molested his neighbour's maid in July last year...... PUB commits S$750m to fight flooding National water agency PUB has committed at least S$750 million over the next five years to increase the capacity of Singapore's drains by up to 45 percent...... Man accused of groping stewardess during flight acquitted A Ukrainian man accused of groping the buttocks and breasts of a Singapore Airlines stewardess in an aircraft has been acquitted...... TriCom encourages responsible outsourcing The Tripartite Committee for Low-Wage Workers and Inclusive Growth (TriCom) has updated the Tripartite Advisory on Best Sourcing Practices to encourage service buyers to outsource responsibly and adopt best practices when doing so...... IDA tightens QoS standards for 3G mobile services The Infocomm Development Authority (IDA) has set new Quality of Service (QoS) standards to improve 3G mobile services for mobile users...... Woman placed on probation for having sex with father A 25-year-old woman has been placed on probation of one year for having sex with her own father, in what is believed to be Singapore's first consensual incest case...... SMRT to divert some bus services on Feb 5 SMRT will temporarily divert some bus services on Sunday, February 5 from 3.00 pm to 11.00 pm...... NBS MBA ranks 34th in FT global rankings Nanyang Business School (NBS) has been placed in the 34th position in the Financial Times annual ranking of the top 100 MBA programmes around the world in 2012...... NUS MBA retains place in global rankings The National University of Singapore (NUS) Business School's Master of Business Administraion (MBA) has retained its place at 23rd for the second year running...... LTA revises ERP rates at three gantries Electronic Road Pricing (ERP) rates at three gantries will be revised and will take effect from February 6......