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This stance will change the price of goods and services in SG. I think it is a necessary policy move at some juncture, but the effects on the population may not be very positive. http://www.straitstimes.com/business/economy/mas-sets-zero-appreciation-path-for-singdollar-with-switch-to-neutral-policy-stance Monetary Authority of Singapore sets zero appreciation path for Singdollar with switch to neutral policy stance Marissa Lee SINGAPORE - The central bank will set the rate of the Singapore dollar's appreciation to zero per cent, in a move to support economic growth against a dimmer global economic outlook since its last meeting. The Monetary Authority of Singapore (MAS), which uses the currency rather than interest rates to guide the economy said on Thursday (April 14): "This is not a policy to depreciate the domestic currency, and only removes the modest and gradual appreciation path of the S$NEER policy band that was in place." The Singapore dollar tumbled 0.9 per cent to $1.36 levels to the US dollar on the news. At 8:36am, the Singdollar was trading at $1.3626 to the greenback from Wednesday's close of $1.3501. The Singapore dollar has strengthened more than 5 per cent versus the greenback this year as traders pushed back forecasts for when the Federal Reserve will raise US interest rates due to heightened global risks. Thursday's shift to a "neutral poliy stance" is a departure from the policy of modest and gradual S$NEER appreciation that the MAS had adopted since April 2010, after the last financial crisis. The Singapore dollar nominal effective exchange rate, or S$NEER, is a trade-weighted exchange rate in which the currencies of Singapore's larger trading partners bear more weight. The MAS move comes as a surprise to the market - 12 of 18 private sector economists polled by Bloomberg had expected the MAS to maintain its current policy stance at the scheduled bi-annual meeting, rather than ease. MAS eased policy in January and October last year, both times reducing the slope of the Singapore dollar's appreciation path. MAS said on Thursday: "Compared to expectations in October 2015, the Singapore economy is now projected to expand at a more modest pace this year, against the backdrop of a less favourable external environment. MAS Core Inflation is likely to pick up gradually over 2016 as the disinflationary effects of Budgetary and other one-off measures fade. However, the increase in core inflation will be milder than earlier expected." "CPI-All Items inflation will remain negative throughout 2016. Over the medium term, core inflation is expected to average slightly below 2 per cent." The central bank adjusts the pace of appreciation or depreciation of the Singdollar by changing the slope, width or centre of the band. It does not disclose details of the basket, the band, and the pace of appreciation or depreciation. The MAS holds its next policy meeting in October.

Hi guys, just want to rant out something that our day to day job. For example, Project A. A certain individual (Mid Level) requested for further insights / analysis on project A where completed . The said project was handled by internal stakeholders and external stakeholders. Given that the project A was aired within external stakeholder's inventories , they will have a lot insights/data. External stakeholders sent very raw insights (in excel) to internal stakeholders where not very much helps on analysis which could help on phase B of the said project. The "individual(Mid level) asked for more insights from extenal stakeholders, this shxt arse said "Sorry , we don't provide this, usually in excel only ". The "individual" du lan, and feedback this to his superior. His superior sent a email to the external stakeholder requesting for further insights from the "individual" email thread. The said external stakeholder kia si , leg turn jelly already and replied they will expedite anyway they can from this. Do you guys face this issue too and how do you deal with this people ? There is this chinese term somewhat called : Go Nian Kan Ren Dee !

Is this story true? Could anyone verify the authenticity? btw, what is Khatib Training Support Centre? I only know I go Khatib camp for RT & IPPT If this story is true, I feel sad for our Malay brother, who is also serving NS with us, who is fulfilling his duty as RP to point weapon at intruders who do not slow their vehicle! Yet the officer throw his weight around and send our Malay brother into DB! WTF! :angry: Source -- http://desparatebeep.blogspot.com/2012/03/major-wrongs.html

Which authority should I look for to report this? LTA? Traffic Police? I think its high time the authorities educate drivers of these heavy vehicles to keep left.

Any bros receive the following amusing e-mail also? Was chuckling while reading this "attractive" offer In today's internet age will anyone still falls for such crap? Geezzzz... UNITED NATIONS FINANCIAL AUTHORITY FUND'S CLEARANCE AND REMITTANCE EXECUTION PENNSYLVANIA AVENUE, NW WASHINGTON, DC 20500 U.S.A. Telephone number: + (1) 9406 032688 Nmae: FREDERICK PAUL GONZALEZ Email: [email protected] Telephone number: + (1) 9406 032688 ATTENTION OF: Entitled Beneficiary of Huge FUNDS SUBJECT: UN GENERAL MEETING CONCLUDED TODAY The United Nations Financial Authority (UNFA) have just concluded the general meeting of today, in which good progress was confirmed in your favor. The meeting lasted for three (3) hours because all the officials from various parastatals were present. The delegates from London, United Kingdom; sent by the honorable President of EUFC (European Union Financial Commission) were in the meeting, the officials of IMF World Audits (including Mrs. Margaret Powell and Alvin T Clyde) arrived in good time before commencement of the meeting. Also, present in the crucial meeting of today were Mr. Gabriel Alanson and Kenneth Irwin Dickson from Commonwealth Financial Network Office in California-USA; and the Senior Financial Auditor from Bank of England. The meeting started in a good time and all the invited officials plus the top executives of United Nations General Assembly (UNGA) joined at the Conference Room and the meeting commenced in earnest. The Remittance FILE bearing your last-name was presented for deliberation. The executive financial auditors have unanimously resolved to include your full-name amongst the favored beneficiaries who will benefit from the amount earmarked for payments of Long-overdue debts. In accordance with the resolutions each of the favored beneficiaries will receive the sum of US$28,500,000.00. (Twenty Eight Million, Five Hundred Thousand US Dollars). The remittance officials must as a matter or necessity, proceed to effect the transfer of the authenticated/ approved amount of US$28.5Million FAST to your own nominated account. The Chairman of Intercontinental Credits Commission (ICC) opined that he will handle the remittance directly to your account. He will oversee the whole processes and to make sure that there shall be No more hitches. After that, the IMF Auditor and two other top executives (Marilyn and Wilbeck) who came with him from New York pleaded that we should allow the Office of the honorable Chairman of ICC in The ICC Transmittal Regulatory Office shall protect you from any unexpected encumbrances on the Funds' movement. This will further provide maximum protection to you as the beneficiary, and ensure easy reception of the Funds into your destination account. During the meeting of today, the international financial authorities resolved that all favored beneficiaries must quickly send application to the Chairman of 'ICC' (Prof. Thomas Hamilton) requesting for 'Accelerated Remittance' of your Funds to your bank account nominate. Send your full contact details (name /address) and your 'correct' bank account particulars via this email address: [email protected] You should also call his Office Telephone number: + (1) 9406 032688 Awaiting your prompt updates, as all hands are on deck to effectuate the smooth final release of your entitled Funds. Yours sincerely, FREDERICK PAUL GONZALEZ CHAIRMAN; United Nations Financial Authority. WASHINGTON DC, USA. speaking at U.N. Meeting On Your Transfer.

Now they even go MSCP............

so far, most drivers will comply with merge lane along this stretch, as finally only ends up with enough width for one car, not incl rd shoulder & chevron marking dunno about this c e r t i s c i s c o driver. no siren, no nothing. rushing to terrorism case? i oso see no pt to complain to cc, as i'm expecting reply like rushing for official duty etc.

link This is not possible. Most public servants sign on because of the monies.

MHA reviewing public order laws WHEN members of the Singapore Democratic Party attempted to disrupt the IMF-World Bank meetings here in 2006, it turned into a three-day standoff with the police. When Falungong activists protested along Orchard Road in 2005, they were warned that they did not have a permit. Yet this did not stop them from protesting the very next day. Armed with only the Miscellaneous Offences (Public Order and Nuisance) Act (MOA) and Public Entertainment and Meetings Act (Pema) police could only deal with such acts of civil disobedience via prosecution after the incidents. Now, the Ministry of Home Affairs (MHA) wants to give its security forces the powers to deal with such situations

There is a very noisy motorbike around my block, I believe with modified exhaust. The driver is very considerate, he will rev the engine on purpose when moving off or returning, so loud that he can wake up the whole block. Sometime ard 2am !!! Any idea how to get LTA to check his motorbike ?

Check this out ! http://www.youtube.com/watch?v=3v96fSeGWdE...related&search=