Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts

Three Korean doctors slain in north Nigeria: police






KANO, Nigeria: Men armed with knives slit the throats of three South Korean doctors in a pre-dawn attack Sunday in a volatile town in northeastern Nigeria in the latest in a spate of killings of foreigners in recent months, police said.

The attack in Potiskum also came just two days after gunmen killed at least 10 people in horrifying attacks on two Nigerian polio clinics in a new blow to the campaign to wipe out disease, but it was not clear if the incidents were related.

Yobe State police commissioner Sanusi Rufa'i would not say if the Islamist group Boko Haram, which has been active in Potiskum, was responsible for Sunday's killings, but that the attack was being investigated.

He said unknown attackers scaled the fence of an apartment housing the three doctors at around 1:00 am and slit their throats, initially describing the victims as Chinese.

"Further investigations have shown that the victims were Korean nationals and not Chinese as earlier stated. They were doctors from South Korea," Rufa'i told AFP, in comments confirmed by a senior military official in the state.

Residents said the Koreans, whose bodies were found by neighbours, were employees of the state ministry of health and had been living in the city for one year.

In Seoul, the foreign ministry said it was checking the reports, but noted that few Koreans live in the town.

"The chance that the slain would be Koreans is not high," a foreign ministry official told Yonhap news agency. "But we are checking further related situations via diverse channels."

A local resident said the bodies of the Koreans were found in their room by neighbours who alerted security agents,

"People became worried when the doctors did not open their door in the morning," one resident who did not want to be named told AFP.

He said the victims had their throats slit, but it was not immediately clear if the assailants also came with guns.

"It is still premature to point any accusing fingers but we have commenced an investigation to unravel the killings," said Rufa'i, adding: "No arrest has been made."

Sunday's attack was the latest in a spate of killings of foreigners, especially Chinese nationals, in the country's restive northeast.

In November, gunmen shot dead two Chinese construction workers in nearby Borno State, the stronghold of the Boko Haram extremists.

Three other Chinese nationals have also been killed in separate attacks in the region.

Although no group claimed responsibility for the attacks, they were similar to previous strikes against foreigners by Boko Haram.

Violence linked to Boko Haram is believed to have left some 3,000 people dead since 2009, including killings by the security forces.

The killings in Potiskum, which lies about 100 kilometres (60 miles) from the state capital Damaturu, followed attacks on other health workers in the northern city of Kano on Friday.

Nine women and a man were shot dead in two separate attacks in Kano after a local cleric denounced polio vaccination campaigns and some local radio stations aired conspiracy theories about the vaccine being a Western plot to harm Muslims.

Nigerian President Goodluck Jonathan condemned Friday's killings, describing them as "dastardly terrorist attacks" and vowed to track down the perpetrators.

Boko Haram has claimed to be fighting for the creation of an Islamic state, but its demands have shifted repeatedly and it is believed to include various factions. Criminal gangs and imitators are also suspected of carrying out violence under the guise of the group.

Nigeria, Africa's most populous nation and largest oil producer, is divided between a mainly Muslim north and predominantly Christian south.

- AFP/ck



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Horsemeat 'contamination' could date back to August: Findus






LONDON: French frozen food supplier Comigel told the Findus brand that "the contamination" of processed beef products with horsemeat could date back to August 2012, Findus said in a statement Saturday.

"Findus want to be absolutely explicit that they were not aware of any issue of contamination with horsemeat last year," it said in a statement.

"They were only made aware of a possible August 2012 date through a letter dated 2 February 2013 from the supplier Comigel.

"By then Findus was already conducting a full supply chain traceability review and had pro-actively initiated DNA testing."

The opposition Labour lawmaker Tom Watson earlier claimed he had been shown by a retailer a copy of a letter that Findus sent to them on Monday.

He published an extract on his website.

"Investigations have led one of our suppliers based in France to inform us in writing on 2nd February 2013 that the raw materials delivered since 1st August 2012 are likely to be non-conform and consequently the labelling on finished products is incorrect," it said.

Britain's Food Standards Agency regulator announced Thursday that 11 of 18 samples of Findus beef lasagne were found to contain between 60 and 100 per cent horsemeat.

Asked by AFP to comment on Britain's food minister fearing a criminal conspiracy, a Findus spokesman said: "That's part of our investigations. We need to understand how the meat got into the supply chain. That's something we are working on with Comigel, as the supplier."

He did not know how long the investigation would take.

The spokesman said it was "still uncertain... where the meat exactly came from".

"The supplier has asked us to withdraw the raw material batches."

Findus said it was not taking part in the emergency food industry meeting taking place Saturday at the Department for Environment, Food and Rural Affairs.

"Findus did not receive an invitation to this summit. However they are aware that the Food and Drink Federation, of which they are a member, will be attending."

Sweden-based Findus has withdrawn various frozen meals from the market in France and Sweden.

- AFP/ck



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DPM Teo issues correction to footnote in Population White Paper






SINGAPORE - Deputy Prime Minister Teo Chee Hean on Friday issued a corrigendum to the Population White Paper in Parliament to delete a segment of a footnote that classified nursing as a low-skilled job.

Mr Teo said, in the Notice of Corrigendum, that he intends to delete the part of Footnote 12 on Page 40 of the White Paper, which said: "Certain low-skilled jobs like personal services, retail, and nursing are hard to offshore. They will still be needed even as the economy upgrades."

"This classification of low-skilled jobs is not correct. I would like to apologise to those whose professions have been unintentionally misrepresented," said Mr Teo.

He said he was alerted to the matter by "our friends in the nursing profession and unions".

Adding that he has the "greatest respect" for the nursing profession, the DPM said it is a "noble and caring profession, which all of us and our loved ones depend on and appreciate".

- TODAY/ir



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S'pore the single largest foreign investor in Iskandar Malaysia






SINGAPORE: Global Capital & Development (GCD), the lead investor of Medini in Iskandar Malaysia's Nusajaya development zone, says the region has attracted some S$2 billion in investments from Singapore since 2006.

GCD says investment from Singapore in Iskandar Malaysia is set to soar; Singapore is already the single largest foreign investor in the region.

Link (THM) Holdings, a Singapore developer, is the latest firm to invest in Iskandar Malaysia; it announced on Wednesday that it purchased a 5.9-hectare land site from GCD.

Link said that it will build mixed properties on the site, which is worth S$1 billion in gross development value. The project is expected to be completed in three phases over a period of five years.

In a statement issued on Thursday, Mr Keith Martin, who is Chief Executive Officer of GCD, said: "Link (THM) Holdings' development of Media Village @ Medini Iskandar is a catalyst for further business, lifestyle and living activity in Medini. Together with cornerstone investors and existing developments, GCD foresees a significant value increase in the prices of commercial and residential properties in the area."

Mr Martin added that GCD will continue to partner with quality investors to transform Medini into a destination city of global significance.

The company's next focus will be to further engage business park operators on opportunities to fund a SME business park for a wide range of business sectors and services.

Mr Martin said there is clear demand, particularly from Singapore companies, to seek affordable support space in Medini.

- CNA/jc



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Population White Paper will benefit S'pore economy: SICC






SINGAPORE: The Singapore International Chamber of Commerce (SICC) said the Singapore economy will benefit from the many long-term principles outlined in the Population White Paper.

In a statement on Wednesday, the SICC pointed out that early planning to build the infrastructure for a growing population will help Singapore maintain its competitive edge.

SICC said that while attracting foreign talent has its sensitivities, it is not a "zero-sum game" that pits "locals against foreigners."

SICC believes that with a diversified workforce coupled with adequate infrastructure, Singapore is able to attract higher value-add investment.

And with more foreign investment, only then there will be more work and jobs for everyone.

SICC feels Singaporeans will ultimately benefit from the easing of foreign labour restrictions.

- CNA/fa



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New SAFRA Toa Payoh officially opens






SINGAPORE: President Tony Tan officially opened the new SAFRA Toa Payoh on Tuesday.

The facility will provide better facilities to NSmen and their families.

The new club features a fencing academy which is a first for all SAFRA clubs.

Members can also look forward to a new gym, which will be the biggest among the clubs.

There is also an indoor playground for children.

The club at Toa Payoh is the most popular among the clubs, with more than 100,000 members visiting per month since it opened its doors in October 2012.

In 2015, SAFRA will be building a new facility in Punggol, bringing the total number to six. Themed a "Family Lifestyle Resort", the club will boast an indoor children's playground, interactive water play features and a childcare centre.

- CNA/fa



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Football: Europol uncovers vast match-fixing ring






THE HAGUE: European police warned on Monday that the integrity of football was at stake, as they revealed they had smashed a criminal network fixing hundreds of matches, including in the Champions League and World Cup qualifiers.

Europol said a five-country probe had identified 380 suspicious matches targeted by a Singapore-based betting cartel, whose illegal activities stretched to players, referees and officials across the world at all levels of the game.

"It is clear to us that this is the biggest investigation ever into suspected match fixing," Europol chief Rob Wainwright told a news conference in The Hague, adding that the fall-out hit at the heart of the world game's reputation.

"It is the work of a sophisticated organised crime syndicate based in Asia and working with criminal facilitators around Europe."

Wainwright said he would be writing to the head of European football's governing body UEFA, Michel Platini, but said all of football needed to "heed the warning" and be on their guard.

The revelations come after Interpol last month warned that global football corruption was helping to fuel the criminal underworld's domination of prostitution, drug-trafficking and gun-running and in the wake of several high-profile scandals.

They include the so-called "calcioscommesse" or illegal football betting affair in Italy, which overshadowed the country's preparations for last year's European championships and saw several top footballers arrested.

In the latest claims, Europol said that at least 425 referees, players and other officials were suspected of involvement, with matches rigged so that major sums of money could be won through betting.

Most of the allegedly fixed matches were played in the Turkish, German and Swiss championships, but other matches around the world are also concerned.

Two of Europe's Champions League matches and some World Cup qualifiers are also suspected, Europol said.

No details were given about which top-flight matches were involved because some investigations were still on-going, although it was revealed that one of the Champions League matches had been played in England.

Criminals made over eight million euros (US$11 million)in profits from betting on fixed matches.

Europol showed television coverage of a suspect match, an international between Argentina and Bolivia, during which a Hungarian referee awards a highly dubious penalty.

The probe was carried out by Europol and five European countries: Germany, Hungary, Slovenia, Finland, Austria.

A further 300 suspicious matches have been identified outside Europe in Africa, Asia, and South and Central America, Europol said.

German chief investigator Friedhelm Althans said that showed "the true horrifying nature of the problem" and the implications were stark, including financial losses for legal betting firms, clubs, players and the trust of the supporting public.

"Operating from Singapore by heads of this organisation, bribes of up to 100,000 euros per match were paid in cash, which was taken all over the world by money couriers," he added.

FIFA's own "corruption-buster", former Interpol executive Ralph Mutschke, also said last month that no league in the world was safe from corruption, amid calls for common legislation to tackle the scourge of bribery in sport.

The international nature of match-fixing was highlighted by the case involving Singapore businessman Wilson Raj Perumal, who was suspected of rigging games in several countries and was jailed in Finland in 2011.

His name was also cited in cases in South Africa and Zimbabwe.

- AFP/xq



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Accident at Pasir Panjang leaves one dead






SINGAPORE: An accident at Pasir Panjang Terminal Building on Sunday afternoon has left one man dead.

The Singapore Civil Defence Force (SCDF) said its officers were alerted to the incident and found the driver trapped in a crushed cabin of a container truck.

It added that Pasir Panjang Terminal Building's in-house emergency response team was already at the scene when its officers arrived.

The two teams then used a forklift as well as hydraulic rescue tools to free the driver.

The driver was pronounced dead at around 5pm.

- CNA/ck



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6.9-magnitude quake hits Japan's Hokkaido

 





TOKYO - An earthquake with a preliminary magnitude of 6.9 struck off Japan's Hokkaido island late on Saturday, the United States Geological Survey (USGS) reported.

The quake hit at a depth of 103 kilometres (64 miles) at 23:17pm (1417 GMT), about 109 kilometres west of Kushiro, Hokkaido, the USGS said.




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Motor Racing: New car but only one driver for Force India






LONDON: Force India unveiled their new car for the forthcoming Formula One season at Silverstone on Friday, but they are still to confirm the identity of British driver Paul di Resta's teammate.

The vacancy next to Di Resta is one of only three across the grid for the 2013 season, which begins with the Australian Grand Prix in Melbourne on March 17.

French driver Jules Bianchi, the team's third driver in 2012, was expected to be announced as Di Resta's teammate.

However, he was present at the launch of Ferrari's new F1 car on Friday as he is a member of the Italian team's academy.

Former driver Adrian Sutil and ex-Sauber man Kamui Kobayashi have also been linked with the role.

Force India team principal Robert Fearnley refused to be drawn on the identity of the new driver at the launch, telling reporters: "We do not want to confuse the two stories."

The VJM06 is the third of four cars unveiled so far for the 2013 season that have jettisoned the stepped nose design that featured widely in last year's world championship.

The Indian team finished seventh in last season's constructor championship, but saw German driver Nico Hulkenburg leave to join rivals Sauber at the end of the year.

- AFP/de



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US consumer spending flat in December






WASHINGTON: US consumers held tight to their wallets in December, the key holiday shopping season, despite a rise in incomes, according to Commerce Department data released on Thursday.

Household spending edged up 0.2 percent from November, only half the growth of the prior month and slightly below the consensus estimate of 0.3 percent.

Consumer spending, the main driver of the US economy, slowed in late 2012 amid the government's looming fiscal cliff of automatic tax hikes and spending cuts set for January 1, which was partly avoided in a last-minute political deal.

Meanwhile, personal incomes rose for the eighth straight month in December, rising a much stronger-than-expected 2.6 percent from the prior month.

The income increase was boosted by accelerated payments of bonuses and other forms of "irregular" pay in anticipation of changes in individual income tax rates, as well as lump-sum payments of social security benefits, the department said.

In the partial fiscal cliff deal, political leaders allowed Bush-era payroll tax cuts on social security benefits to expire and lifted taxes in other areas.

With inflation weak in a tepid economy, the December price index for consumer spending was essentially flat, while so-called real disposable income - excluding price changes - rose 2.8 percent.

- AFP/de



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Basketball: ABL looking to connect more with fans this season






SINGAPORE: Around 135,000 spectators caught all the ASEAN Basketball League (ABL) matches live last season.

And new measures are being introduced this season to help increase viewership both on and off the court for the six teams including the Singapore Slingers.

The ABL was launched in 2009 and it has raised the profile of the game of basketball.

However, there is still a huge market to tap and ABL hopes to achieve that with greater television coverage and live streaming this year.

Anthony Macri, chief executive officer of ABL, said: "Each one of our teams this year will have a local television broadcast partner. Last year, only half of our teams had one. With technology willing, we are streaming every one of our games live this year through the region."

There will be more play-off matches and the quality of is expected to be high despite the reduction from eight teams last season to six teams this year.

"The quality of play will increase. We have seen an increase (in quality) over the last three seasons and I think this year will be no different," Mr Macri assured.

Improving fan experience is another area that is a big concern.

The Singapore Slingers has one of the best venues among the six teams but its sheer size affects the game atmosphere.

That could soon change once the Sports Hub is completed.

Singapore Slingers' general manager Michael Johnson said: "Once the Sports Hub is up, there will be a multi-purpose facility and there is some talk there might be a situation where we could move there. That would be a 3,000-seater ring.

"At this stage, that would be the ideal size for us. When we have some games, for example against the San Miguel Beers, it would be sold out as we get over 3,000 (spectators)."

The ABL has definitely impacted Singapore basketball in a positive way.

All the 10 local players in the Slingers are part of the national squad and playing in the league provides the critical competition as they gear up for the 2013 and 2015 SEA Games.

- CNA/fa



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Tampines junction to be reviewed after fatal accident






SINGAPORE: MP for Tampines GRC Baey Yam Keng says authorities will review the junction of Tampines Avenue 9 and Tampines Street 45, following a fatal accident there.

Two brothers, aged seven and 13, died after their bicycle collided with a cement truck on Monday evening.

The brothers Nigel and Donovan cycled around the Tampines estate frequently.

The tragic accident came as a rude shock to their distraught parents who said their sons were usually very careful on the roads.

Mr Francis Yap, the father of the boys, said: "It's very sad. As a father, I have lost two kids. I hope that those people driving on the roads think about other people's families also. For those small roads, it's better to travel within the speed limits and don't go so fast, especially if you drive a big vehicle. It's very dangerous. So you must take extra caution to safeguard other people's lives."

Authorities are also assessing if the routes for heavy-duty vehicles can be reviewed.

Tampines GRC MP Baey Yam Keng said: "Given that this incident involved a cement truck and because of the various projects that are happening in the area, (such as) public housing projects (and) MRT lines (construction), there will be more heavy vehicles in the precinct.

"So, I've asked the authorities to review the routes taken by these vehicles to see if there is any way we could re-route them so that they avoid areas which are near schools or where there are many pedestrians."

Monday's accident is the second fatal one at that road junction in the last 13 months. In December 2011, a 22-year-old unlicensed driver killed a pedestrian while rashly making a right turn from Tampines Street 45 onto Tampines Avenue 9.

Residents Channel NewsAsia spoke to also said that the particular road junction is accident-prone and hope more can be done to beef up the safety in the area, especially with schools nearby.

To equip riders with bike handling competencies, the Singapore Cycling Federation has rolled out two cycling certification programmes.

The first is the BMX certification programme that provides riders with an assessment on their level of competency in bike handling.

The other, which is the Bronze certification programme, is somewhat similar to the Highway Code and practical motorbike-riding lessons. It also aims to educate riders on what to do when faced with dangerous situations while riding on the road.

Education Minister Heng Swee Keat meanwhile said schools will step up road safety education and work with the police and the Land Transport Authority on further measures to enhance safety.

Separately, the principal of Tampines North Primary School, Madam Neo Lay Wah, said Donovan was a cheerful student who was well-liked for his pleasant personality. He was helpful towards his classmates and was always well-behaved.

The older boy, Nigel, was an ex-student from the school. He was a friendly and outgoing boy who was always willing to lend a helping hand to his classmates.

The school is in contact with the family and the priority is to support them during this difficult time. The school will closely monitor the well-being of the staff and students and extend counselling support to the affected teachers and students.

- CNA/ir



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Retail rents in S'pore up 2% in 2012






SINGAPORE: Prices of shop space rose 2.0 per cent in 2012, while rentals dropped marginally by 0.3 per cent according to the latest statistics from the Urban Redevelopment Authority (URA).

Yields of retail units have dropped last year, but most market experts Channel NewsAsia spoke to are optimistic about the demand for retail space in Singapore from both investors and retailers.

After just one week, some retail units at the newly-launched mixed commercial development Alexandra Central are reportedly put on the market again.

Such speculation raises the possibility of cooling measures being extended to the commercial property sector where prices of strata-titled retail units have jumped by some 56 per cent over the last two years while median rentals have gone up by up to 35 per cent, according to Savills Singapore.

Alan Cheong, research head at Savills Singapore, said: "Rentals are not keeping up with price increases, meaning there will be yield compression. We also noticed that strata title units sold was about 1,274 square feet (in 2010). Last year, it was only 430 square feet. There is shrinkage in the average size of retail units."

A smaller strata-titled unit could reduce the capital outlay for investors despite prices on a per square foot basis getting more expensive.

But market experts note that vacancy rates at 5.2 per cent in the fourth quarter of 2012 is at a 15-year low.

Unlike residential private property where an oversupply may be expected in the next few years, analysts believe demand for retail space is still strong.

Ku Swee Yong, CEO of International Property Advisor, said: "The future supply coming on stream will be spaced out for the next four to five years. And a large number of is concentrated in Jurong East where there will be creation of several thousand new jobs in two hospitals."

Prime rents like those on Orchard Road are expected to stay resilient. In the worst case scenario, analysts expect a mild correction of up to three per cent. This is because of the strengthening Sing dollar and a slower Singapore economy in 2013.

Analysts said URA data on shop space rentals are derived from a wide variety of commercial properties like strata-titled units, and those belonging to real estate investment trusts or REITS.

A decline in the rental index in shop space could be due to a higher number of leases from those in the heartlands, which are typically lower than those from the Orchard Road belt.

- CNA/fa



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Syria pledges to end opposition prosecutions






DAMASCUS: Syria's high judicial council has announced a suspension of prosecutions of opposition members so they can join a national dialogue, state media reported on Sunday, without detailing the nature of crimes affected by the ruling.

The report comes after Interior Minister Mohammed al-Shaar had earlier vowed to ease the return of Syrian opposition members living in exile so that they too can take part in the dialogue proposed by President Bashar al-Assad on January 6.

"The high judicial council has decided to discontinue all prosecutions against opposition forces and individuals so they may participate in the national dialogue" the official news agency SANA said, without elaborating.

The council stressed that those "opposition forces will be designated by the government or first ministerial action group charged with implementing the preparatory phase of the programme to resolve the Syrian crisis."

In his January 6 speech, Assad proposed a dialogue with opposition figures who were not "slaves of the West" and on condition that "terrorist attacks" came to a halt before any political transition.

The regime has branded activists and armed insurgents alike as terrorists.

Shaar, in comments reported by state media on Saturday, said the directive allowing Syrians living abroad to return was not a blanket amnesty.

"Executive orders will be issued to border crossings to facilitate and guarantee that all political opposition forces may enter the country, maintain residency and leave at will," Shaar was quoted as saying.

"There is a big difference between those who safeguard their nation and those who are complicit in foreign agendas."

The United Nations says that more than 60,000 people have been killed in Syria's uprising, which broke out in March 2011 with peaceful protests and morphed into an armed insurgency after a harsh regime crackdown.

- AFP/xq



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SDA's Lim concedes defeat






SINGAPORE: Singapore Democratic Alliance's Desmond Lim has conceded defeat.

He said he would like to thank his supporters, adding that he ran in the election to keep the SDA flame alive.

In a statement, Mr Lim said: "It has been a fast but hard race to the end. Entering this contest, I was well aware of the risks and challenges. But it was something the SDA had to do to keep its political flame alive.

"The results have not dampened me, nor the SDA. It only means we will have to fight harder and work harder when the next contest comes.

"I thank Punggol East residents for their support nonetheless."

- CNA/al



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Three residential projects in Orchard Boulevard expected to be completed by 2015






SINGAPORE: Three new high-end residential projects in the prime Orchard Boulevard area are expected to be completed over the next two years.

They include luxury development 21 AngulliaPark - a Hong Kong-based China Sonangol's first Singapore property project.

TwentyOne AngulliaPark and Skyline@Orchard Boulevard are expected to receive their temporary occupancy permits at around end 2013 and Boulevard Vue at around 2015.

Still, China Sonangol is confident that its targeted clientele will not be deterred by Singapore's latest round of cooling measures.

Luxury property developer S.C. Global's high-end development The Marq on Paterson Hill has been completed for more than a year, but nearly half of its units are still unsold.

But the developer of neighbouring project TwentyOne AngulliaPark is undaunted by the rising inventory levels in the Orchard area... even with the recent cooling measures in Singapore.

Hong Kong-based China Sonangol Group set up its Singapore property arm in 2008 and is currently developing two residential projects in Singapore.

The company says it may also be adding commercial properties to its portfolio.

Mr Alain Fanaie, CEO of China Sonangol Group, said: "We believe that they are going to be limited to time and there are temporary ones. We don't believe it is going to affect substantially our types of clients we are targeting."

The Sino-Angolan developer bought the the District 9 plot from Overseas Union Enterprise at S$283 million in December 2009.

Real estate analysts are expecting this development along Orchard Boulevard to fetch around S$,4000 to S$5,000 per square foot.

Mr Colin Tan, CEO of District 65 Pte Ltd, said: "We must always have a situation where there are more homes than people so that we can ease the population growth.That is something I believe will happen over time. So, I think this China developer is also predicting the same thing that this oversupply will ease as more and more super rich around the world come over."

Experts say this niche group of buyers are not chasing investment yields, but are attracted by the opportunity to own a freehold property in Singapore's prime Orchard Road shopping belt... much like how some investors are buying into the exclusivity of Sentosa Cove.

Mr Alan Cheong, Director of Research and Consultancy at Savills, said: "That's the traditional playground for the Indonesians in Orchard Road - Districts 9, 10, 11. Sentosa Cove - because this is a leasehold - natural although the quantum of investment is large, but it appeals more to the first generation businessman where money is easily made and easily lost."

Still, some analysts feel smaller units in business districts like Shenton Way may offer better rental yield and capital gains.

- CNA/de



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Private home prices expected to be relatively stable: analyst






SINGAPORE: Colliers International said private home prices are expected to remain relatively stable with marginal downside this year, thanks to the government's latest cooling measures imposed in January 2013.

In the face of mounting supply, rents are also expected to weaken this year.

According to a report by Colliers International, average monthly gross rents of luxury/super-luxury homes are expected to decline by up to a maximum of 10 per cent in 2013.

Meanwhile, Colliers said Singapore's residential property market saw a record breaking year in 2012.

This was despite noticeably subdued market activity in the fourth quarter of 2012, following recent property cooling measures.

Colliers said the home buying frenzy which started in January last year brought developers' sales volumes for 2012 to a record high as early as September.

This was boosted by a record number of new units released by developers as well.

4,283 new units were sold in the fourth quarter of last year, raising the primary sales volume to 22,127 units for the whole of 2012.

This breaks the previous record of 16,292 new units sold in 2010 by 35.8 per cent.

Meanwhile, developers launched a total of 21,511 new private homes last year, surpassing the previous highs of 17,710 units recorded in 2011 by 21.5 per cent.

But on a quarterly basis, developer launches and sales volumes dipped below 5,000 units last quarter due to the traditional year-end festive and holiday season and a weaker sentiment.

The number of new units released fell from an average of 6,023 units for the first three quarters to 3,441 in the last quarter of 2012.

Similarly, developer sales in the three months ending December 2012 fell 27.6 per cent on-quarter to 4,238 units from 5,916 units sold from July to September.

Meanwhile, mass market projects located in the Outside Central Region (OCR) dominated activities in the primary market in the last three months of 2012, contributing to 51.0 per cent of developer launches and 63.1 per cent of developer sales during this period.

Homes in the Rest of the Central region (RCR) contributed 31.5 per cent of island-wide launches and 22.8 per cent of developer sales in three months ending December 2012.

The Colliers report also stated that the narrowing price gap between mid-tier and mass market homes located in suburban areas saw home-buyers committing to 975 new units in 4Q2012, up 19.8 per cent on quarter from the 814 units sold in the third quarter of last year.

Launches and sales of new homes in the Core Central Region (CCR) meanwhile accounted for 17.5 per cent and 14.1 per cent of island-wide launch and sales volumes in 4Q2012.

Developer launches in that segment also slid 2.4 per cent from the third quarter while sales dropped 6.5 per cent on-quarter during the October to December period.

All three market regions (OCR, RCR and CCR) experienced higher rates of price growth in 2012, although the pace of price increase varied across the different regions.

- CNA/xq



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PM Lee says he is aware of childcare concerns






SINGAPORE: Prime Minister Lee Hsien Loong has written on his Facebook page that he is aware many couples and parents are worried about childcare for their young children, especially when both adults are working.

He noted that they had raised their concerns and commented on this when he posted on the Marriage & Parenthood Package on Monday.

Mr Lee added that the government is increasing child and infant care subsidies, for families with a gross monthly income of up to S$7,500 and expanding the number of good quality and affordable childcare centres.

This will give parents with young children greater peace of mind, and hopefully encourage couples to have more children.

- CNA/xq



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There is scope for more opposition voices in Parliament: WP






SINGAPORE - The Workers' Party (WP) held its second rally for the Punggol East by-election on Tuesday evening.

Several WP members including party MPs Png Eng Huat and Chen Show Mao as well as NCMP Yee Jenn Jong took to the stage.

Party leaders Low Thia Khiang and Sylvia Lim as well as WP candidate for Punggol East, Lee Li Lian, were the last few to speak.

The speakers told the audience that there is scope for more opposition voices in Parliament.

Several also countered comments by the ruling People's Action Party (PAP) that it is a fallacy to believe residents can have the best of both worlds.

MP Png shared the experience of Hougang, where he said the PAP grassroots adviser has the machinery of the PAP's grassroots activists behind him.

Several speakers defended the WP's performance in Parliament, saying the party's MPs have made a difference - for example, moving a motion on the childcare sector and questioning the ethnic integration quota policy for rental flats.

The speakers added that opposition MPs too work closely with government agencies to solve residents' problems.

Ms Lee addressed a variety of issues faced by residents in Punggol East, including the state of Rivervale Mall and a lack of feeder buses and coffeeshops.

"We need more facilities and amenities in Punggol East. These were highlighted in 2011 - did PAP listen? We will push on issues that matter until we see policy changes that serve you," she said.

She also said that Singapore must take care of the elderly, to "serve them like they served us". Public transport for those above 80 should be free and more elderly-friendly, she said.

Ms Lee wrapped up the rally, saying: "I am filled with hope for Punggol East. Let's work together to create a Punggol with character."

WP chairman Sylvia Lim raised the controversial issue of the sale of computer software by PAP town councils to the Action Information Management, or AIM, a company fully owned by the PAP.

She said: "In other words, if a PAP ward is lost to an opposition party, the contract may be terminated within a short time. Let us pause for a moment and ponder: why is there such a clause in TC (town council) contracts? I have been cracking my head over this. Will the service provider be unable to perform just because the MPs have changed? Or, is the clause there - in case constituencies are lost by the PAP - to trip up the incoming opposition MPs?"

Prime Minister Lee Hsien Loong has since asked the National Development Ministry (MND) to review the transaction. He also said MND will take a broad-based approach, including re-examining the fundamental nature of town councils, with a view to ensuring high overall standards of their corporate governance.

Ms Lim said: "This episode illustrates the way Workers' Party works. We will press the government on matters of public interest using all tools available including the parliamentary process. At the same time, if the government recognises the problem and takes some action, we will want to allow it the opportunity to put things right. This also illustrates the values of political competition in furthering the public interest."

- CNA/ir



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