Home Blog Page 2443

Soup Restaurant sauces now going at 1-for-1 at Fairprice from 3 – 9 Nov 2016

0

Soup Restaurant sauces are now going at buy-one-get-one-free at FairPrice till Wednesday, 9 Nov!

Choose from Samsui Ginger, Sambal Chilli and/or Samsui XO

Soup Restaurant sauces now going at 1-for-1 at Fairprice from 3 – 9 Nov 2016

If you’ve been waiting out for a 1-for-1 deal on Soup Restaurant’s sauces, now’s the time. Soup Restaurant’s Samsui Ginger Sauce, Sambal Chilli Sauce and Samsui XO Sauce make an excellent dipping sauce for all types of food.

Source

Former BSI banker received 'a salary offer of $500k a year' to join tycoon

0

Former BSI banker Yeo Jiawei was so paranoid about secrecy he urged his former supervisor to get a “Bangla” phone so they could hold untraceable conversations, a court heard yesterday.

“Bangla” phones belonged to construction workers who had left Singapore and so would not be traceable.

Kevin Swampillai, Yeo’s supervisor at BSI, told the court: “In fact, I asked him if he could get me one, to which he replied it would be difficult and he suggested that I get my own”, to keep his communications with Yeo secret.

The pair also used encrypted texts on the online messaging service Telegram to avoid detection after investigations by the Commercial Affairs Department into their dealings with scandal-hit state fund 1Malaysia Development Berhad (1MDB) intensified in October last year.

Details on how they tried to avoid detection arose on day three of Yeo’s trial on four charges of perverting the course of justice by allegedly urging witnesses to lie to police and destroy evidence.

Counts of money laundering, cheating and forgery will be dealt with in a separate trial next year.

Mr Swampillai also testified that Yeo, 33, left Swiss private bank BSI to join infamous Malaysian tycoon Jho Low after getting a salary offer of $500,000 a year.

The testimony contradicted claims by Yeo’s lawyer that his client did not get a job offer from Mr Low.

Mr Swampillai, 52, was head of BSI’s wealth management services before being suspended. He is now unemployed.

He told the court that he devised a plan to leave BSI and make “big management fees” from setting up a fund company that would manage the proceeds from a deal with Brazen Sky, a wholly-owned unit of 1MDB.

“The idea may have come from me but Yeo was (an) enthusiastic supporter of the idea and had participated actively with me in that discussion,” said Mr Swampillai.

Yeo’s lawyer, Philip Fong, asked Mr Swampillai if he had put the idea in Yeo’s head for the fund management business.

“The fund company would be managing a portfolio value of more than US$2.3 billion (S$3.2 billion). Did you tell Yeo this?” Mr Fong asked.

Mr Swampillai denied it, saying Yeo “recognised the potential of that business” without him having to say so.

Mr Swampillai said he and Yeo made millions in “secret profits” from their 1MDB dealings. The pair set up shell companies to receive the profits, which were then channelled to companies they controlled.

In September 2012, 1MDB sold its shares in a venture for US$2.32 billion and received units in a shell company called Bridge Partners International Management (BPIM).

1MDB earlier said the units were owned by Brazen Sky and held through BSI in Singapore as custodian.

The “referral fees” arrangement involved a portion of the management fees paid by Brazen Sky to BPIM going to firms controlled by Mr Swampillai and Yeo.

gleong@sph.com.sg

Image: 
Category: 
Publication Date: 
Thursday, November 3, 2016 – 07:58
Send to mobile app: 
Source: 



Story Type: 
Others

Source link

Amazon 'to enter S-E Asia through Singapore'

0

Amazon has plans to expand to South-east Asia, and there are signs the online retail giant is doing so through Singapore, Techcrunch reported yesterday.

Amazon is acquiring assets and hiring new employees in Singapore, the tech news website said, citing two sources close to the company.

There has been no official announcement by Amazon.

The report said Amazon may debut its Prime delivery service and its AmazonFresh grocery service, perhaps as soon as early 2017.

Amazon’s possible foray into South-east Asia comes soon after aggressive moves to enter India and China.

It started offering its Prime free-shipping service in China last month.

Prime gives members in the United States perks like free delivery and access to a growing library of videos and music.

The US company has also pumped US$3 billion (S$4.2 billion) more into its Indian e-commerce operation.

Amazon’s entry to the region, if it materialises, may heat up competition in the online retail market.

Yesterday, Singapore-based e-commerce company Lazada announced that it will acquire Redmart, an online grocery retailer.

Sometimes called South-east Asia’s Amazon, Lazada was started by Rocket Internet.

Chinese e-commerce leader Alibaba bought a controlling stake in Lazada in April this year in a US$1 billion deal.

chuimin@sph.com.sg


Get MyPaper for more stories.

Image: 
Publication Date: 
Thursday, November 3, 2016 – 07:55
Send to mobile app: 
Source: 



Story Type: 
Others

Source link

Youth netball too results-driven, says Aitken

0

Outgoing national netball coach Ruth Aitken tells LIM SAY HENG schools coaches must factor in player development

How difficult was it to make the decision to return home?

AITKEN: It was tough, and the reality is even harder in some ways… It took ages.

A huge part of my heart is here but my family has to come first. I told the girls that if I could bring Singapore closer to New Zealand, we could do both.

What are you most proud of in your three years as national coach and technical director?

The success that we had in the 2014 Asian Championship and the 2015 South-east Asia (SEA) Games… they will sit with me alongside my world championships and Commonwealth Games (achievements).

But it’s also the development of players over the years, such as Char (Charmaine Soh) and Kimberly (Lim).

We want to build the depth of the national squad and we are starting to develop the numbers, even if it is a huge commitment.

I feel that we have built such a solid national programme, and it was important that I could leave it in a healthy state. But there’s still a lot to be done in terms of development, especially in terms of getting them more experience.

We are trying all the time to expand our age-group programmes and we may have some changes next year.

What aspects of grassroots development should be improved?

It’s about coaches growing the all-round skills of our taller players so that they can adapt internationally.

For example, a tall shooter may just need to hold her position near the post and lob the shot, but they may come up against international defenders who are as tall and can jump.

It is still a work in progress and it’s very hard. School coaches need to have one eye on the success of the player in the long term.

It is hard, when you have national rounds for primary and secondary schools; they are great to have but they become about winning instead of long-term athlete development.

You guided the team to a best-ever world ranking of 15th, but previously said that breaking the top 10 would be tough. You still believe that?

I think it is a real challenge. It probably needs to come with the new person and I think it’s probably quite timely actually, that there will be a fresh pair of eyes looking at things.

I still think it’s a bridge too far at the moment.

I do think the way Netball Singapore is trying to grow the strength of netball in Asia is really important because for us to take another step forward in terms of semi-professionalism, we need to not be in isolation.

I’d like to think that one of the benefits of me going back to New Zealand is a flow of information or the ability of some of our players or coaches to come down and vice-versa.

We are looking at some training programmes in Australia or New Zealand for some of our Under-21 players, and we are just starting to work with the NYSI (National Youth Sports Institute).

What is lacking in the local game?

I think it’s a bigger training pool of players and the lack of diversity in terms of the physical make-up of our players.

Our girls are still very slight by international standards, and light in weight, too. We would be lucky to have an average height of 1.70m, where in New Zealand the average is probably 1.78m.

Source link

Malaysian hockey women floor Japan

0

“We’re coming after you,” he said, repeating it three times after the game.

K Dharmaraj was all smiles when he spoke to the media after Malaysia defeated Japan 2-0 to collect their first points in the 4th Women’s Asian…

Source link

Former EPL stars bullish over Chinese football

0

COMMENT

Their glowing assessment of China’s football came like a soothing balm in a period of near turmoil for the game in the world’s most populous country.

Hopes soared and a dream vision appeared…

Source link

Fenerbahce fans warned to behave ahead of United clash

0

GROUP A

FENERBAHCE v 
MANCHESTER UNITED
(Tomorrow, 2am, Singtel TV Ch 112 
& StarHub TV Ch 212)

There is always a powder keg atmosphere in the football hotbeds of Turkey and…

Source link

Fenerbahce fans warned to behave ahead of Man United clash

0

GROUP A

FENERBAHCE v 
MANCHESTER UNITED
(Tomorrow, 2am, Singtel TV Ch 112 
& StarHub TV Ch 212)

There is always a powder keg atmosphere in the football hotbeds of Turkey and…

Source link

Griezmann stars for Atletico Madrid

0

GROUP D

ATLETICO MADRID 2
(Antoine Griezmann 29, 90)

FC ROSTOV 1
(Sardar Azmoun 30)

Atletico Madrid boss Diego Simeone has to thank Antoine…

Source link