The Singapore-Kuala Lumpur high-speed rail may take longer than 2020 to finish. The Malaysian government will try to reduce the inconvenience by using government land to speed up the process. However, the project is still expected to see delays. Japan has also said that it is keen to export its high-speed rail technology to build the rail and would assist in the funding.
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The government will increase the basic wage of security guards to $1,100. But this will only take effect after two years, in September 2016. Security guards can also expect to get up to $1,700, but this is only if they are promoted. Security guards also work an average of 95 overtime hours a week and plans to reduce this t 72 will only be discussed in 2017. Security guards still earn the one of the lowest wages in Singapore and among the developed countries.
Gas tariff for households will drop by 1% in the coming quarter. Gas tariff will decrease from 21.06 cents per kilowatt hour (kWh) to 20.83 cents per kWh for the period 1 November 2014 to 31 January 2015. This is a drop of 0.23 cents per kWh. City Gas said that the revised tariff is “due to a drop in fuel costs compared to the previous quarter”.
Press Release from Human Rights Lawyer M Ravi's law firm on the Court of Appeal's decision to throw out the constitutional challenge to s377A of the Penal Code which criminalises consentual sex between men: Today, in huge step backwards for human rights in Singapore, the nation’s highest court released a judgment in the Constitutional challenge of statute 377A of the Singapore Penal Code, upholding the law which makes intimacy between men an arrestable offence.
With developers rushing to launch or re-launch new and existing projects ahead of the festive season, the Saturday after the Hari Raya Haji public holiday saw twenty-two property advertisements in the Straits Times marketing local property projects. Despite aggressive marketing by developers, the PropertySoul.com Blog Readership Survey revealed that only five percent are saying that they are planning to buy a private property now.
Last Saturday, local billionaire, Peter Lim, was welcomed like a super star at the Mestalla Stadium by the home crowd fans of Valencia, the football club that he had just bought and saved from crippling debt. Mr Lim was officially named the new owner on the Friday before after the contracts for the buyover had been finalised and signed. Mr Lim had been in negotiations with Bankia, the club’s main creditor for over 10 months and they finally agreed to sell 70% of the club’s shares to Mr Lim’s private investment company, Meriton Holdings.