Singapore waiting for Malaysia’s reply on proposal to buy land for Woodlands Checkpoint redevelopment

SINGAPORE: Singapore is awaiting Malaysia’s response regarding the purchase of two plots of land that would help facilitate the redevelopment of Woodlands Checkpoint.

In a response to CNA’s queries, the Immigration and Checkpoints Authority (ICA) said on Thursday (Feb 22) that the Federal Lands Commissioner of Malaysia owns two “small plots” of land near Woodlands Checkpoint.

“These plots, currently unused, sit in the middle of the area which will constitute the to-be redeveloped Woodlands Checkpoint,” said ICA.

“Without them, we would not be able to optimise the Checkpoint’s redevelopment, which we are undertaking in order to enhance the immigration clearance experience for Singapore and Malaysia travellers using the Causeway.”

The ICA said that Singapore has written to Malaysia twice – in May 2022 and in November 2023 – to propose the purchase of the land.

The matter was also raised at a meeting of the Joint Ministerial Committee for Iskandar Malaysia in July 2023 and the 10th Singapore-Malaysia Leaders’ Retreat in October 2023, during which both sides had committed to improving the traffic situation at the Causeway crossing, said ICA.

“We are waiting for Malaysia’s reply on the proposal,” added ICA.

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Potential Zika transmission at Boon Lay Place after one case reported, persistent virus signals found in area

SINGAPORE: Boon Lay Place is being closely monitored for potential Zika transmission, the Ministry of Health (MOH) and National Environment Agency (NEA) said on Thursday (Feb 22).

One case was reported in December last year. 

“While there have been no more Zika cases reported in this area since then, enhanced surveillance involving mosquito and wastewater testing has revealed persistent Zika virus signals in the area, which suggests ongoing Zika transmission,” said MOH and NEA in a joint news release. 

A map of the area with likely Zika transmission includes local landmarks such as Boon Lay Place Market and Food Village, Boon Lay Shopping Centre as well as Housing Board Blocks near Boon Lay Avenue and Corporation Road. 

Although precautionary control measures have been stepped up, MOH and NEA said that they cannot rule out the possibility of further cases as most infected persons may display mild or no symptoms.

MOH has alerted doctors to be vigilant and to test for Zika among patients with clinically compatible symptoms, especially for individuals residing or working in the Boon Lay area.

“We advise residents in and around the Boon Lay Place area, especially pregnant women, to protect themselves and monitor their health closely. They should seek medical attention if unwell with Zika virus infection symptoms, which include rashes, fever, joint pain, muscle pain, headache and/or conjunctivitis (red eye). They should also inform their doctors of the location of their residence and workplace.”

Similar to the dengue virus, the Zika virus infection is transmitted primarily by the Aedes mosquito. 

“With the presence of the Aedes mosquito vector in Singapore, everyone must continue to maintain vigilance and play a part in preventing further transmission through eradicating mosquito breeding habitats at both premises and immediate surroundings,” said the authorities. 

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Salvage of sunken corvette Sukhothai begins

Divers from Thai-US team spot ruptured bow but navy chief denies poor maintenance was a cause

Salvage of sunken corvette Sukhothai begins
The US naval supply ship Ocean Valor takes part in a mission to salvage HTMS Sukhothai in the Gulf of Thailand off Prachuap Khiri Khan province on Thursday. (Photo: Nutthawat Wichieanbut)

The Thai and US navies on Thursday started the salvage of the corvette HTMS Sukhothai in the Gulf of Thailand off Prachuap Khiri Khan. The navy chief said divers saw a bow rupture but he denied poor maintenance caused it.

Thirty-five Thai naval divers and 14 American naval divers will be diving together to the wreck over the course of a 19-day mission, said Adm Adung Phan-iam Navy, the Royal Thai Navy commander-in-chief.

The United States has deployed the supply ship Ocean Valor, which is also being used in the ongoing Cobra Gold multinational military exercises.

The commander said divers on Thursday would retrieve the nameplate of HTMS Sukhothai and over the next five days would be photographing the whole ship and looking for missing personnel.

Photographs already showed a rupture in the bow of the ship but it did not result from any substandard maintenance, Adm Adung stressed. More information from the mission is needed to support a conclusion on what caused the sinking, he added.

The navy had received a 200-million-baht budget for the salvage operation. The mission with the US will cost 110 million baht and the navy would return 90 million baht to the government, he said.

The corvette was still upright on the seabed and has attracted a lot of marine life, Adm Adung said.

HTMS Sukhothai sank about 35 kilometres off the coast of Prachuap Khiri Khan on Dec 18, 2022, after being caught in a storm. Of the 105 crew aboard the ship, 76 were rescued and 24 died, while five remain missing.

Last month the US warned the Royal Thai Navy about the reported involvement of a Chinese company in a plan to salvage the vessel, which was built in the US in 1987.

Consequently the navy cancelled the awarding of a contract to a local company that had proposed to use equipment from China, and agreed to abide by its agreement with the US.

The US had been pressing the navy for information about the salvage operation, since the Sukhothai came under the US Foreign Military Sales Act, was equipped with advanced weapons systems and subject to end-use monitoring. In such cases, the selection of a salvage contractor is also subject to review by Washington.

When the US became aware of the matter, it had asked the navy to abide by its agreement with Washington. It warned that failure to do so could affect future military sales to Thailand.

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Fewer graduates found work 6 months after leaving university in 2023, but median salary up slightly

SINGAPORE: The proportion of university graduates who found employment within six months of taking their final exams dropped to 89.6 per cent in 2023 from 93.8 per cent the year before.

This is according to the results of the annual Joint Autonomous Universities Graduate Employment Survey released on Thursday (Feb 22).

The median gross monthly salary among fresh graduates in full-time permanent employment rose slightly, however, increasing by 2.7 per cent to S$4,313 (US$3,215) from S$4,200 in 2022. The figure rose by 10.5 per cent between 2021 and 2022.

Of the 10,900 fresh graduates in the labour force polled in the 2023 survey, 84.1 per cent were in full-time permanent employment, down from 87.5 per cent in 2022.

Freelancers, meanwhile, accounted for 1.5 per cent of those in the labour force, a decrease from 1.8 per cent in 2022.

The figure for those in part-time or temporary employment was 4 per cent, down from 4.5 per cent in 2022.

About a quarter of those employed on a part-time or temporary basis – 1.1 per cent of all respondents in the labour force – were in involuntary part-time or temporary employment in 2023, compared to 0.8 per cent in 2022, according to the survey.

Of the remaining respondents in the labour force, 3.6 per cent were unemployed but commencing work soon or starting a business venture, while 6.8 per cent were unemployed and still looking for work.

The health sciences, information and digital technologies, and business clusters recorded the highest full-time permanent employment rates.

The survey was conducted by the National University of Singapore (NUS), Nanyang Technological University (NTU), the Singapore Management University (SMU) and the Singapore University of Social Sciences (SUSS).

Singapore’s two other autonomous universities – the Singapore University of Technology and Design and the Singapore Institute of Technology – will release the results of their own surveys separately at later dates.

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Affected by the closure of CPF Special Accounts? Here’s what you can do, according to finance experts

Mr Kyith Ng, founder of financial blog Investment Moats, said people can also use the CPF Investment Scheme to invest their Ordinary Account savings and potentially earn higher returns from lower-risk options like Treasury Bills.

If they have better investment opportunities outside of the CPF system, those who have reached the Full Retirement Sum can also withdraw their money for the time being.

“When they’re closer to 65 or 70 and they need the CPF Life income, they can do cash top-ups into their CPF (Retirement Accounts),” said Mr Ng. “I hope more people can see that kind of flexibility.”

Asked whether he recommends topping up the Retirement Account up to the Enhanced Retirement Sum – which will be raised to four times the basic sum next year – Mr Ng said it depends on a person’s retirement needs.

A member with the Enhanced Retirement Sum can receive around S$3,330 per month. But not everyone will need that amount, he said. In such a case, there’s no real need to put extra funds into the CPF system, he added.

For those who do want to top up their Retirement Accounts, Mr Yeap Ming Feng, head of finance website Seedly, pointed out that they can benefit from a tax relief scheme.

“But do note that these (Retirement Sum Topping-Up) scheme monies are set aside for your retirement needs and can only be used for monthly payouts for life from age 65,” he said.

POLICY RISK?

Mrs Veronique Dawson, a Singaporean homemaker, told CNA that she agreed the Special Account was an anomaly and said she had no issues with the closure of the accounts.

In fact, the money that CPF will save by not paying higher interest rates for Special Accounts could be put to good use, she said.

But the announcement was a reminder that unexpected changes by the government can affect retirement planning.

“I do see that CPF can have a policy risk. I’m 46 now (and) anything can change from now till I reach 65. The amount might change, so many other things might change,” she said.

“To mitigate policy risk, it’s good to disperse our funds in different avenues, which is what I do.”

Mr Loo of the 1M65 movement echoed that sentiment.

“This change brings about the awareness of this thing called policy risk, where people will start to wonder whether they can trust the CPF Board,” he said. “There’s a lot of trust that needs to be restored.”

He said that when Finance Minister Lawrence Wong made the announcement last week, around 10,000 “mostly negative” messages were sent on the 1M65 Telegram chat, which has more than 30,000 members.

For Mr Loo, he estimates that he will lose S$100,000 in interest earnings from the closure of the Special Account.

But Mr Ng of Investment Moats said the CPF has characteristics that make it a stable way to prepare for retirement. Many who try to invest in riskier assets find that it is difficult to beat the returns that CPF offers.

As for policy risk, that also exists for private investment funds.

“If they find something unsustainable, they will change it,” he said.

Similarly, the government may find that the existing system will not work out well in future and may tweak it to make it better in the long run, said Mr Ng.

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7,000 Myanmar citizens seeking Thai visas

Thousands looking to flee as military junta prepares to impose mandatory conscription

7,000 Myanmar citizens seeking Thai visas
Myanmar nationals queue outside the Royal Thai Embassy in Yangon earlier this week. (Photo: Kannavee Suebsang Facebook page)

More than 7,000 Myanmar nationals have applied for visas with the Thai embassy in Yangon as mandatory conscription looms in the military-ruled country, figures from the Ministry of Foreign Affairs show.

Spokeswoman Kanchana Patarachoke said the embassy had doubled the number of online queue tickets available to 800 a day: 400 issued by the embassy and another 400 by VFS Global, an outsourcing and services company used by diplomatic missions worldwide.

Places are fully booked until March 1, and the number of applications is expected to keep rising, she said on Thursday.

Ms Kanchana said Myanmar citizens could enter Thailand without visas under the Asean agreement, but the maximum stay is just 14 days.

But thousands of Myanmar nationals have been rushing to leave the country since the military junta announced that it planned to call up young people for mandatory service starting in April.

All men aged 18-35 and women aged 18-27 would be required to serve in the military for at least two years, it said.

When asked whether the rush for visas was prompted by mandatory conscription, Ms Kanchana said there was no clear information that the two developments were linked.

Two people were killed in a crush outside a Myanmar government passport office in Mandalay on Monday, a rescue worker told AFP, as thousands queued to get documents.

Three years after seizing power in a coup, the military is struggling to crush widespread armed opposition to its rule.

Around 13 million people will be eligible to be called up, a junta spokesman said earlier this month, though the military only has capacity to train 50,000 a year.

Thai authorities have been bracing for an influx of people from Myanmar, and Prime Minister Srettha Thavisin has warned against illegal entry.

“They are welcome if they enter the country legally. But if they sneak into the country illegally, legal action will be taken against them. I have already discussed the matter with security agencies,” Mr Srettha said.

An opposition MP has called on the government to help Myanmar citizens who are fleeing to Thailand out of humanitarian concern.

Kannavee Suebsang of the FAIR Party said the Myanmar junta had suspended exports of labourers to Thailand via legal channels under the mutual agreement between the two countries.

Previously, 700 to 800 workers from the neighbouring country were crossing the border legally on a daily basis, he said.

“I am not sure whether the suspension of migrant workers has anything to do with the situation in Myanmar,” he said. “But if it does, it will become a major concern if the Thai government sends them back to their country.”

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Who is Thomas Zilliacus, the ex-YuuZoo CEO who eyed Man United and now wanted in Singapore?

Why was he issued an Interpol red notice? 

SPF said on Wednesday that Mr Zilliacus is wanted over his alleged involvement in the release of misleading statements in YuuZoo’s financial reports.

Similar warrants of arrest were issued against the company’s chief financial officer Michael Parker and two independent directors Anthony Williams and Ozi Amanat.

The police said that the four men are currently not in Singapore and “have refused to return”.

YuuZoo released several financial reports between 2015 and 2016 that were allegedly misleading, said the police.

The statements allegedly overstated YuuZoo’s revenue by US$4.6 million to US$18.8 million.

What happened to YuuZoo?

In April 2018, YuuZoo had its office raided by Singapore’s Commercial Affairs Department (CAD) for possible breaches under the Securities and Futures Act, reported several media outlets. Documents for the financial years 2013 to 2016 were seized.

Mr Zilliacus resigned in the same month amid the investigations.

In a filing to SGX in April 2018, YuuZoo said that CAD’s investigation was “caused by a complaint from an unknown party”.

“While (Mr Zilliacus) is convinced nobody in the company has done anything wrong, he believes the honourable thing to do is to step aside while the investigation is ongoing.” 

The company was also put under mandatory trading suspension from SGX since Mar 19, 2018, with its Shareholders Association submitting several requests to lift the suspension over the years.

In 2019, Mr Zilliacus called for the company to pay unpaid salaries to staff who were laid off regionally, reported The Business Times.

Its Shareholders Association had said that the trading suspension of YuuZoo’s shares meant that the company could not continue funding its subsidiaries, resulting in many retrenched workers in several countries not getting their salaries. 

On Wednesday, another former YuuZooCEO, James Matthew Somasundram, was handed four charges under the Securities and Futures Act in connection with the breaches by the firm.

He was alleged have been negligent in connection with the financial reports of YuuZoo, which is now known as YuuZoo Networks Group, for the final quarter of 2015 and the first three quarters of 2016.

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Democrats won’t mention Thaksin in censure debate

Deputy leader says focus should be on government economic performance instead

Democrats won't mention Thaksin in censure debate
Former prime minister Thaksin Shinawatra relaxes at his residence in Bang Phlat district of Bangkok after being paroled on Feb 18. (Photo Paetongtarn Shinawatra Instagram account @Ingshin21)

The opposition Democrat Party says it won’t mention the treatment of former prime minister Thaksin Shinawatra as an inmate during the next censure debate because it is not directly related to the government’s job performance.

Key economic issues such as the lack of progress in the government’s much-hyped digital wallet programme are of more immediate relevance, Democrat deputy leader Chaichana Detdecho said on Thursday.

“We may not talk about the illness of Thaksin because Thaksin is the affected party,” said the Nakhon Si Thammarat MP. “He returned home and reunited with his family. The issue came to an end. All the rest concerns the justice system.

“Today society has no doubts about Thaksin but wonders if there are double standards. … I would like to ask the director-general of the Department of Corrections to give a clear answer.”

Mr Chaichana said the party expected a censure debate to take place before the end of the current House session in April. The Democrats intend to discuss the digital wallet scheme and the government’s announced policies to raise the minimum daily wage and salaries of graduates. The government has not realised those policies, he said.

Nine months ago Prime Minister Srettha Thavisin told the public that his government would give a 10,000-baht digital money handout to people aged over 16 years, and that it would not seek a loan to fund the 500-billion-baht programme.

Since then, he said, almost no progress has been made on the digital wallet scheme. It is now expected to begin in May at the earliest, and the government has said it would need to borrow the money needed to pay for it.

As well, Mr Chaichana said, the government has not realised its promise to raise the minimum daily wage to 600 baht and increase the minimum salaries of workers with bachelor’s degrees degrees to 25,000 baht.

The Pheu Thai Party in fact promised an increase in the minimum wage to 600 baht a day by the end of its term in 2027. It aimed to raise the wage to 400 baht by the end of 2023 but that sum was deemed unrealistically high by the independent national wage committee.

“I think that in a censure debate, we should criticise the performance of the government,” Mr Chaichana said.

The Senate is planning a general debate without a vote on the government’s work performance from 9am to midnight on March 25, Senate Speaker Pornpetch Wichitcholchai said this week.

Thaksin, 74, was paroled on Sunday after spending six months at Police General Hospital. He never spent a single night behind bars.

When he returned to the country after 15 years of self-imposed exile, he was sentenced to eight years in jail in connection with offences dating back to his time in office prior to 2006. Later the term was reduced to one year due to a royal pardon.

He was eligible for parole this month because he is old, seriously ill and had already served at least half of his term, corrections officials said.

However, public scepticism persists about the nature and extent of Thaksin’s illnesses, and whether he received special treatment.

Move Forward Party leader Chaithawat Tulathon said last week that he was aware of only three cases in which a prisoner was allowed to spend more than 120 days in a hospital outside the prison system. Thaksin was one, and the other two were mentally ill, he said.

No progress has been made on the government’s showcase digital wallet stimulus scheme, says Democrat Party deputy leader Chaichana Detdecho.

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Kenneth Jeyaretnam’s POFMA-related actions escalated to AGC

SINGAPORE: The Attorney-General’s Chambers and the Protection from Online Falsehoods and Manipulation Act (POFMA) Office will assess Reform Party leader Kenneth Jeyaretnam’s comments about the rental of properties at Ridout Road by two ministers to see if “any further action should be taken”. 

“The government takes a serious view of individuals who spread online falsehoods,” the Ministry of Law (MinLaw) and the Ministry of Communications and Information (MCI) said in response to CNA queries on Thursday (Feb 22). 

Mr Jeyaretnam was given his sixth correction direction under POFMA last week over comments he made about the rental of the black-and-white bungalows.

He claimed that the Singapore Land Authority had charged ministers K Shanmugam and Vivian Balakrishnan rent at below market value for 26 and 31 Ridout Road respectively, and had given them preferential tenancy terms.

This claim was also republished by Gutzy Asia and The Online Citizen Asia. 

An article on the government’s Factually website said that “this is untrue”. The article added that Mr Jeyaretnam’s comments and posts “glaringly” omitted facts and that he “has a track record of publishing false statements” regarding the properties.

“Mr Kenneth Jeyaretnam’s repetition of falsehoods, even when the falsehoods and corresponding facts were pointed out to him previously, may suggest a deliberate intent to spread falsehoods,” MinLaw and MCI said. 

“Mr Jeyaretnam’s actions have been referred to the POFMA Office and the Attorney-General’s Chambers to assess if any further action should be taken.”

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