Monday, September 30, 2013

HDB households to receive S$45m in utilities rebates in Oct 2013

HDB households to receive S$45m in utilities rebates in Oct 2013

    POSTED: 30 Sep 2013 13:29
 
Some 800,000 Singaporean HDB households are to receive S$45 million worth of GST Voucher rebates in October 2013. The rebates come under the Utilities Save (U-Save) category and are used to offset the utilities expenses of households.

SINGAPORE: Some 800,000 Singaporean HDB households are to receive S$45 million worth of GST Voucher rebates in October 2013. The rebates come under the Utilities Save (U-Save) category and are used to offset the utilities expenses of households.

In statement released on Monday, the Finance Ministry said eligible households will each receive a voucher of S$45 to S$65, depending on their HDB flat type.

However, households whose members own more than one property are not eligible for the GST Voucher - U-Save vouchers.

The GST Voucher - U-Save is the household component of the permanent GST Voucher scheme that was introduced in Budget 2012.

It is paid out four times in the year -- July 2013, October 2013, January 2014 and April 2014.

- CNA/ac

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JEM to re-open on Oct 2

JEM to re-open on Oct 2

    POSTED: 30 Sep 2013 13:49

JEM shopping mall is expected to re-open this Wednesday after being closed for almost a fortnight.

SINGAPORE: JEM shopping mall is expected to re-open this Wednesday after being closed for almost a fortnight.

In a post at its Facebook page on Monday morning, the mall's management said it will welcome shoppers and diners from 10am on Wednesday.

The mall was closed on September 19 after a water pipe burst.

The burst pipe had caused part of the ceiling on the first floor to collapse.

- CNA/ac

- wong chee tat :)

Demand for printed books still strong in India despite global decline

Demand for printed books still strong in India despite global decline

    By Avneet Arora
    POSTED: 30 Sep 2013 17:30
  
Printed books are seeing a decline in the West as more people turn to digital books or e-books, but in India, the printed word is still king.

INDIA: Printed books are seeing a decline in the West as more people turn to digital books or e-books.

But in India, the printed word is still king.

And this is prompting international publishers to venture into the country, which is the world's third largest English-language book market.

While the e-book explosion has led to the closure of bookstores in many parts of the world, the book market in India has shown a remarkable resilience.

Experts believe the trend is here to stay for some time.

Dr Ashok Gupta, general secretary at the Federation of India Publishers, said: "Growth potential is very high -- that means for another 50 to 100 years, we can continue to grow in the educational sectors… the market is so big.

“With GDP growth and with the educational sectors, government investments are increasing day by day. I hope and I am 100 per cent sure that this sector will continue to grow."

Market observers point to several reasons for the industry's growth -- rising literacy levels, an increase in English-speaking Indians, the sudden spurt in regional and national level literature festivals and the aggressive promotional techniques adopted to promote book sales.

The market is so bullish, more foreign publishers are investing millions of dollars to set up shop in India.

Tridip Chatterjee, secretary at the Publishers and Booksellers Guild, said: "(To produce) Indian books for the Indian market, so many multinational publishing companies have already started their own house, their own publishing unit in India.

“Like Random House, Elsevier, they have their own publishing hub in Noida, in Gurgoan because it's a huge market and the book market in India is expanding."

Experts believe the country's own publishing industry needs to work a lot harder to cash in on the current boom.

Dr Gupta said: "We need to have more book fairs and such events in each city -- towns, villages, everywhere."

Books have been man's best friend for several centuries, and despite threats from digitised mediums, it seems in India at least, it will take a while for anything to replace the crisp, printed, tightly bound book.

For the moment, this sentiment is keeping both publishing houses and book lovers happy. 

- CNA/nd

- wong chee tat :)

Assisi Hospice to raise funds for operating expenses shortfall

Assisi Hospice to raise funds for operating expenses shortfall

    POSTED: 30 Sep 2013 01:01

The Assisi Hospice held a charity dinner on Sunday to raise funds to meet their operating expenses shortfall.

SINGAPORE: The Assisi Hospice held a charity dinner on Sunday to raise funds to meet their operating expenses shortfall.

It targets to raise $900,000 to meet their expenses shortfall of $5 million for their current 37-bedded hospice.

The organisation is also building a new hospice.

A ground-breaking ceremony was held on 29 July 2013, and the expected completion date for the new 85-bedded facility will be in 2016.

Acting Manpower Minister Tan Chuan-Jin, who graced the ceremony, stressed the importance of giving back to society - especially to elderly.

While financial support is important to facilitate the work that needs to be done, he said it's crucial that Singapore builds a society that gives.

These values can be harnessed when Community Involvement Programmes in schools and Corporate Social Responsibility at workplaces are done with the right spirit.

Mr Tan added that the Government can provide social safety nets but there are some roles that it can't play. And this is where citizens can step in and help the less fortunate by contributing their time and effort, which will in turn help to build a more caring society.

- CNA/de

- wong chee tat :)

Private resale home prices up 0.1% in August: SRPI

Private resale home prices up 0.1% in August: SRPI

    POSTED: 30 Sep 2013 14:48
 
Prices of private resale homes rose just 0.1 per cent in August from July -- this is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums.

SINGAPORE: Prices of private resale homes rose just 0.1 per cent in August from July -- this is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums.

The SRPI data is published by the Institute of Real Estate Studies at National University of Singapore (NUS).

Resale prices of private homes in the central area saw the biggest decline, down 1.1 per cent last month.

However, prices of units in the non-central region went up by 1.0 per cent. The index covering small units of 506 square feet and below also increased 1.0 per cent.

- CNA/ac

- wong chee tat :)

Yahoo! Asia Pacific pay damages to SPH in copyright infringement suit

Yahoo! Asia Pacific pay damages to SPH in copyright infringement suit

By Vimita Mohandas
POSTED: 30 Sep 2013 20:31

Yahoo! Asia Pacific has paid damages and costs to Singapore Press Holdings (SPH) in a copyright infringement suit.

SINGAPORE: Yahoo! Asia Pacific has paid damages and costs to Singapore Press Holdings (SPH) in a copyright infringement suit.

This was revealed in a joint media statement on Monday.

The settlement amount was not stated.

Under the terms of the amicable settlement, Yahoo! Asia Pacific has acknowledged that it has reproduced content from SPH's newspapers on its Yahoo! Singapore News site without SPH's approval.

The responsible employees have been disciplined or terminated.

The statement mentioned that Yahoo! companies strive to respect the intellectual property rights of others wherever they do business.

In November 2011, SPH filed a lawsuit against Yahoo, citing 23 articles from which Yahoo had substantially reproduced content without permission.

Yahoo then countersued SPH in December 2011, citing two articles and a picture allegedly posted on SPH's website Stomp as infringement of its copyright.

In August last year, SPH filed an amended claim, citing a total of 254 articles stretching over 17 months, which it said Yahoo had reproduced without permission.

- CNA/fa

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Don't Blink: Robot Solves Rubik's Cube in a Second




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Om Mani Padme Hum

Om Mani Padme Hum


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