Singapore

Singapore to mark every cigarette to beat smugglers

Singapore to mark every cigarette to beat smugglers Singapore - Singapore is to become the first country to mark every cigarette sold in a drive to distinguish duty-paid cigarettes from their contraband counterparts, news reports said Thursday.

By January 1, each cigarette will have the letters SDPC - standing for Singapore Duty-Paid Cigarettes - printed near the filter end, The Straits Times said. The new, marked packs are to make their debut next month.

The city-state's Tobacco Association estimates that contraband cigarettes make up 20 per cent of the market.

Singapore school stopped from offering US university degree courses

Singapore school stopped from offering US university degree coursesSingapore - A private Singapore school has to stop offering degree courses from the University of Northern Virginia after the US institution lost its accreditation, news reports said Thursday.

Shines College has been offering the courses on its premises in Singapore.

The US university lost its accreditation, a confirmation of academic quality, with the US Accrediting Council of Independent Colleges and Schools on August 6.

Singapore urges more transparency in charity operations

Singapore urges more transparency in charity operations Singapore  - Seven major charities have passed a governance review, but were still found wanting in several areas, Singapore's Commissioner of Charities (COC) said on Wednesday.

Among them were Campus Crusade Asia: City Harvest Church, Faith Community Baptist Church, Kong Meng San Phor Kark See Monastery, Kwan Im Thong Hood Cho Temple, New Creation Church and Trinity Christian Centre.

Some of the charities still have paid staff chairing their boards, the COC said, raising the possibility of compromising the board's objectivity.

Qatar's biggest bank upgrades its Singapore operations

Qatar National BankSingapore - The Qatar National Bank has upgraded its Singapore operations from a representative office to a branch offering a range of commercial services and products, the bank said Wednesday.

Qatar's biggest bank and the first from the country to operate in Singapore said in a statement that it would offer such services as project finance, trade finance, fixed deposits, current accounts and corporate loans.

The branch was established as "emerging opportunities will boost the business trade between Qatar, Singapore and other Asian countries," the statement said.

Shipyard explosion sends worker hurtling into sea

Singapore - A Singapore shipyard explosion ripped off part of a barge and sent an Indian worker hurtling into the sea, news reports said Wednesday.

The man was able to swim ashore and was hospitalized with cuts on his back and head, the Manpower Ministry told The Straits Times.

He was working Tuesday aboard the 46-metre-long Orion 1505.

Sparks from welding were believed to have ignited flammable vapours, setting off the blast, the report said.

Four other workers including a safety supervisor were present at the time. They were not hurt, though one of the two cranes onboard the vessel was damaged and part of its stern blown off.

Punj Lloyd bags contract worth S$54 million

Punj Lloyd bags contract worth S$54 millionPunj Lloyd, one of India's leading engineering companies, has informed that its wholly-owned Singapore subsidiary, Punj Lloyd Pte. Ltd. has been awarded a contract worth S$54 million (Rs 167 crore) by FWP.

As per the order, Punj Lloyd will carry out select utilities mechanical works on Jurong Island, Singapore.

FWP is a joint venture between Foster Wheeler Asia Pacific and Worley Parsons.

Rajish Dhall, technical analyst at Observe Securities has advised the investors to remain invested in the counter.

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