Translation from English

Tuesday, May 3, 2016

Singapore Straits Times

3 HR PSI 40 
ST Index  2,811.200 -27.320



Live Breaking News

Disclosure lapses did not affect SingPost's investment decisions, say special auditors
A long-awaited report on disclosure lapses at two deals at Singapore Post has found that the lapses had no impact on the board's decision to acquire the companies. But it took director Keith Tay to task for the delay in disclosing his interest in the firm advising on the deal.
ISA detention of 8 Bangladeshi men: Lawrence Wong urges Singapore to stay alert and vigilant
National Development Minister says this is not an issue about foreign workers, or about Islam. "It's about a minority of people who have chosen to distort religion, spread their own extremist ideology, and use terror and violence to achieve their goals," he says in a post on Facebook.
Happening now: SDP rally at field along Bukit Batok Industrial Park A
SDP chief Dr Chee Soon Juan appeals to the elderly with a mix of Hokkien and Mandarin. Citing the rising suicide rate of seniors, he says that they helped Singapore develop but are now thrown away like "tissue paper". He promises to fight for more support for the elderly.
He calls for more transparency on how the Government invests and manages CPF funds. "Get me into Parliament to find out what is happening to our reserves," he says. 
Dr Chee also reiterates his call for a clean campaign: "If I win, I want to win with honour. If I lose, I want to lose with grace." 
He concludes by saying that he has struggled along with residents, and wakes up every day to fight for them. ST PHOTO: LIM YAOHUI ST VIDEO: SAMUEL MAK
Prosecution appealing against sentence meted out to company over two workers' deaths
The prosecution is appealing against the $150,000 fine meted out to a construction company in September 2015 over the deaths of two foreign workers. It had urged a district court to impose a fine at least double that amount. 

BreadTalk to open in Myanmar next year
It signed a franchise agreement with Myanmar Bakery on Tuesday (May 3), which will allow Myanmar Bakery to hold the master franchise to operate BreadTalk outlets in Myanmar. 
Happening now: SDP rally at field along Bukit Batok Industrial Park A
Actress Neo Swee Lin makes an appearance at the rally. Decrying "gutter politics", Neo says Dr Chee is a gentleman, and she is moved by his passion.
SDP central executive committee member Dr Paul Tambyah first gives a speech in Mandarin. In his English speech, he says a person's character is important, but only those who see you away from the limelight know who you really are.  ST VIDEOS: SAMUEL MAK
Indonesian planes clip wings at airport in latest scare
The two passenger planes operated by domestic carrier Lion Air were on Sunday heading towards a runway at Soekarno-Hatta airport, just outside the capital, when their wings collided. 
Happening now: SDP rally at field along Bukit Batok Industrial Park A
Mr Sadasivam Veriyah, who contested Bukit Batok at GE2015, says Bukit Batok is a "neglected constituency". He says SDP will run the town council themselves and not outsource its management. SDP members Jaslyn Go and Bryan Lim spoke next. ST PHOTO: LIM YAOHUI
Company fined $40,000 over death of contractor who fell from ladder at carpark
The company he worked for, Century Technology, was fined $40,000 after it pleaded guilty to a charge of contravening the Workplace Safety and Health Act. 
Happening now: SDP rally at field along Bukit Batok Industrial Park A
The Singapore Democratic Party holds its third rally tonight. ST's Lim Yaohui, Ng Keng Gene and Samuel Mak bring you the latest updates.
Blogger Roy Ngerng was spotted, dressed in SDP red.
The first speaker, SDP member Surayah Akbar says she vouches for Dr Chee Soon Juan's character and integrity, having known him for close to 10 years. 
SDP vice-chairman John Tan talks about two social programmes for the ward. One of them, Heart for Bukit Batok,  encourages better-off residents to adopt a needy elderly or family. He also proposes mentorship and tuition for students who "fall through the cracks" through a "Pathfinder" programme. 
Mr Damanhuri Abas, who was part of the SDP team for Marsiling-Yew Tee GRC in GE2015 compares SDP to Leicester City - the underdog English football club that became Premier League champions against great odds.
He says: "The time has come for you to vote the only red team in town" ST PHOTOS: LIM YAOHUI ST VIDEOS: NG KENG GENE
ISA detention of 8 Bangladeshi men: Parliamentary Secretary for Home Affairs Amrin Amin says it is a reminder that Singapore has to take terrorist threat seriously
In a Facebook post, Mr Amin said the detentions serve as another reminder that the terrorist threat is something Singapore has to take seriously.
"The detainees and their likes pose a security concern to Singapore because of their support for ISIS and their readiness to resort to violence.
"Though there are no specific indications that Singapore had been selected as a target, one of the detainees has said he would carry out an attack anywhere if he was so instructed by ISIS.
"Thank you to our security agencies for their decisive handling! Stay alert, stay united and stay strong! ‪#‎SGSecure‬," he posted.
Downtown Line 2 has first major breakdown on Tuesday morning
A train inexplicably applied its emergency brakes. The fault happened at 11am and took around half an hour to resolve. ST PHOTO: KEVIN LIM

MAS takes action against Mr Pu Weidong and Triumpus Assets Management Pte Ltd for insider trading
The Monetary Authority of Singapore has taken civil penalty action against Pu Weidong  and Triumpus Assets Management Pte Ltd for insider trading in the shares of Sinomem Technology Ltd, it said in a press release on Tuesday (May 3).
Pu was Chief Financial Officer in Sinomem when the contraventions took place. He is also sole director and shareholder of Triumpus.  Between March 2 and 27, 2009, Pu and Triumpus purchased 4,605,000 Sinomem shares when he possessed confidential price-sensitive information concerning a proposed share buyback offer by Sinomem, which was subsequently announced on March 27, 2009. Pu and Triumpus made a profit of S$49,542 on these insider trades.
JUST IN:  Train delay on North-South line
Due to a train fault at Toa Payoh, expect additional traveling time of 25 mins from Marina South Pier to Toa Payoh, SMRT says.
Sri Lankan student jailed for 10 weeks for molesting woman in lift
Yattowita Withanage Buddhika Padmakumara, 28, pleaded guilty to grabbing the 33-year-old woman's buttock in a lift at Buangkok Crescent at about 7.20pm on April 13 this year.
China's energy official joins IEA as advisor for first time
The appointment came after China and the IEA agreed to launch an energy cooperation centre in Beijing. Yang said his first main job would be to facilitate the establishment of this centre. 
Bukit Batok by-election: No rallies on Wednesday (May 4)
The Police Elections Permits Office (PEPO) has not received applications for any election meetings to be held on Wednesday. 
ISA detention of 8 Bangladeshi men: Investigations revealed they had identified possible targets for attack 
Led by ringleader and S-Pass holder Rahman Mizanur, 31, the group were arrested last month. They had documents on weapons and bombmaking, and raised funds to buy firearms to carry out the attacks in Bangladesh. Among the possible targets in a kill-list released by the Ministry of Home Affairs included members of Parliament, ministers, media personnel and "disbelievers" in Bangladesh.   PHOTOS: MHA
BREAKING: 8 Bangladeshi men detained under Singapore's ISA for planning terror attacks back home 
The men, aged between 26 and 34, worked in the local construction and marine industries and called their group the Islamic State in Bangladesh (ISB). They had intended to join terror group ISIS as foreign fighters in Syria and Iraq, but as it was difficult to travel to the Middle East, they focused on returning to Bangladesh to topple their government and set up an Islamic State there. PHOTOS: MHA
Baby girl pulled out alive 3 days after Kenya building collapse
Rescue workers pulled out a one-year-old girl from the rubble of a building in Kenya's capital on Tuesday morning (May 3) more than 72 hours after it collapsed following heavy rain, the Kenya Red Cross said.  PHOTO: AFP
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