SingTel has been named as one of the world’s most ethical companies for the third year running by the United States-based think-tank Ethisphere Institute. SingTel is the only Singaporean company and only one of three telcos in the world to make the list of 145 companies. Ethisphere Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability.
Malaysian Prime Minister Najib Razak said on Thursday that Philippine militants being tracked after the military launched an assault against them in Sabah state must surrender unconditionally, rejecting the group's offer of a ceasefire. Asked how long the operations to track down the remaining gunmen would continue, Najib told reporters in Sabah: "For as long as it takes to eliminate them."
An MP has come up with a suggestion that Singaporeans be given a role in the process of evaluating applications for Permanent Resident and Citizenship and create some meaningful roles for the community in the naturalisation of citizens. Speaking in Parliament during the Committee of Supply debate for the Prime Minister's Office, MP for Jurong GRC Ang Wei Neng noted that PR and citizenship applications are currently evaluated by the government.
Deputy Prime Minister Teo Chee Hean said Singapore is not prepared to allow dual citizenship, as it would not strengthen the nation. He said foreigners are granted Singapore citizenship only if they are committed to making Singapore their home in the long-term. As such, they should be prepared to give up their foreign nationality. Nominated MP Assistant Professor Eugene Tan had asked in Parliament if the country should keep an open mind with regards to dual citizenship, given the increase in international marriages.
What Sylvia Lim said in parliament about making the rich pay progressively more taxes makes sense. According to Cambridge Professor HA-JOON CHANG: “They achieve this because they live in economies that have better technologies, better organized firms, better institutions and better physical infrastructure – all things that are in large part products of collective actions taken over generations.”
Mapletree Greater China Commercial Trust rose as much as 10.2 per cent in its debut today, underscoring demand from yield-hungry investors after the Temasek-backed trust raised S$1.62 billion in Singapore’s biggest REIT offering. The real estate investment trust, which is backed by Singapore state investor Temasek Holdings Pvt Ltd, rose to S$1.025 () in early trading, compared with a 0.1 per cent decline in the benchmark Straits Times Index.
The government could promote integration, sharpen distinctions between Singaporeans and PRs and introduce compulsory National Service for PRs. These were some of the measures suggested by Mr Hri Kumar at the Budget debate yesterday. His speech stemmed from his proposal for a national defence tax which he mooted on his Facebook page several weeks ago. The suggestion had been met with a wide range of feedback from Singaporean citizens and PRs alike. The MP for Bishan-Toa Payoh GRC considered these when preparing his speech, which follows below.
Right from the start, it has been quite apparent that the Singapore government is more concerned with GDP growth above all else. The EDB’s successful courting of MNCs initially resulted in Singapore workers experiencing high wages and employment without Singapore having to go through the experience of cultivating its own industries. The Singapore economy, flush with business and cash, embarked upon a course of development based on what the government perceived to be an ever increasing path of prosperity.
Every good party needs a clown to provide the laughs, and it was Zorro Lim (not his real name) on the PAP roster yesterday. At the Budget debate, NTUC Secretary-General Lim Swee Say rejected renewed calls by several MPs, including Inderjit Singh and NMP Lawrence Lien, for a minimum wage system. Instead of speaking up for the workers that he is supposed to represent, he is strangely the one voicing the objection, even if we know all along that the government is never keen on the idea.