Thursday, December 18, 2008

Today's Singapore News

The following are stories that are making the headlines over at Topix Singapore News today, edited by yours truly.

-Capitol Building, Capitol Theatre put up for sale: Prepare for a change of scene at the historic Capitol Theatre, which has been put up for sale. Despite the current downturn, the Urban Redevelopment Authority (URA) said the land on which the building is located will be put on the reserve list.
-Rolex appeal fades as recession blues hit Singapore: Suffering from recession blues and looking to offload that new Rolex watch? Don't turn to us, say second-hand luxury stores in Singapore, who are being swamped with requests from people desperate to sell their luxury goods.
-Kids okay with sharing explicit photos, text: Of the 50 teens aged between 13 and 19 polled by The Sunday Times, a quarter of those surveyed said that they have received nude pictures while 6 per cent said they have received sexually suggestive texts.
-9 researchers receive S$2m in funding: Nine researchers from Singapore's institutes of higher learning have become the first to receive funding from the National Research Foundation to turn some of their ideas into commercial viabilities.
-Singapore affected by Madoff: There are indications that investors in Singapore have also been affected by the multi-billion Madoff fraud that shocked the world.
-Investors to get news in Jan: Officials from the Monetary Authority of Singapore (MAS) have run spot checks on financial institutions that sold Lehman-linked products to ensure investors' complaints are handled properly.
-NEA reminder for the festive season: Members of the public taking part in the Christmas Eve and New Year's Eve countdown parties along Orchard Road, Marina Bay and other locations in Singapore are reminded not to litter.
-Ban on China milk products lifted: Singapore has lifted the ban on the import of milk and milk products, including products which contain milk as an ingredient, from China.
-Singapore reports fall in shipping traffic: Singapore, the world’s biggest container port, suffered last month its first fall in throughput traffic since 2001 due to a slowdown in global exports that has affected the Asian shipping industry.
-Church sues Bible college directors: A church in Singapore and its affiliated Bible college have gone to court after they fell out over each other's interpretation of a particular doctrine.
-S$73.7m to be given to needy patients this year: In light of the economic slowdown, the Ministry of Health (MOH) is expected to give out more financial aid to needy patients who can't pay their medical bills, even after government subsidies.

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