Latest News from The Straits Times
- A-Sonic Aerospace on SGX watchlist -
AVIATION engineering firm A-Sonic Aerospace was added to the Singapore Exchange's early-warning watchlist on Friday after suffering three straight years of losses.
The company could be delisted if it has not moved back into the black or lifted its market capitalisation above $40 million within two years.
- The tutor who earned $520,000 -
PHANG Yu Hon is part of the booming tuition industry in Singapore. Last year alone, he earned more than half a million dollars (after expenses) as a full-time physics tutor.
According to the Department of Statistics, the local tuition industry was reported to be worth $820 million in 2008, up from $470 million in 1998.
- Singdollar hits record high -
THE Singapore dollar hit a record high against the greenback on Friday before easing slightly, prompting rumours that the Monetary Authority of Singapore (MAS) may have intervened to stop its rise.
The Singdollar started trading at $1.3467 against the US dollar on Friday morning, but rose to $1.3443 before falling slightly by mid-day.
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- 'I smacked her like a rude child, then...' - A 71-year-old woman traded blows with her Indonesian maid at Block 208 New Upper Changi Road on Wednesday afternoon.
- 'We're good policemen, not like the one on TV' - A Singaporean and a Malaysian were robbed in southern Manila on Monday evening by men in police uniforms.
- 'I'm not the only singer who does it' - Too sleazy? No, it's just some men trying to have some fun, said controversial getai performer Luo Man.
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