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The rise of 5-star hospitals in Singapore

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SINGAPORE – A concierge service, beautifully-plated meals, a personalised tablet with Wi-Fi access and ensuite bathroom complete with premium toiletries were some perks 47-year-old business owner Ms Wong Li Ping enjoyed during her five-night hospital…

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Where oppression no longer rules

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Myanmar is a country in the throes of a rapid transformation and in Yangon, its commercial capital, the change is palpable.

The city’s once peaceful tree-lined streets are now packed with cars, buses and lorries. Cranes dot the skyline – still relatively low-rise compared with its South East Asian neighbours – as new buildings take shape amid thickets of bamboo scaffolding.

Economic and political reforms that started in 2010, unravelling the military’s 50-year grip on power, have led to a resurgence of outside interest in Myanmar. With the gradual removal of international sanctions, increasing numbers of US and European business travellers have been visiting the country, eager to see the potential of one of Asia’s last frontier markets. Foreign investment reached a record US$8 billion (S$11 billion) last year, according to a Reuters report, 25 times the level before the reforms began.

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Wednesday, March 9, 2016 – 02:00
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Comfort Taxis $3.80 Off Fare via ComfortDelGro Taxi Booking App 8 – 9 Mar 2016 | SINGPromos.com

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Prices of non-landed private homes drop 0.3% in February

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Tuesday, March 8, 2016 – 16:01
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Fowl play? 13 fresh chicken distributors in competition watchdog's crosshairs

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The Competition Commission of Singapore says the companies had engaged in discussions from at least 2007 to 2014 on prices and coordinated price increases of chicken products sold in Singapore. 

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Trucks, trains and airplanes: 5 things about the Sultan of Johor

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The Sultan of Johor has a brand new toy – a shiny golden jet.

Sultan Ibrahim Sultan Iskandar was present last Monday afternoon (Feb 29) when his Boeing 737-800 jetliner touched down at Senai International Airport after its…

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13 fresh chicken distributors alleged to have coordinated price increases: Competition watchdog

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SINGAPORE – Thirteen fresh chicken distributors, which supply more than 90 per cent of the fresh chicken products in Singapore, have been found to have engaged in anti-competitive behaviour over at least seven years, by coordinating price increases, as well…

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Woman holds 'devoted' boyfriend 'responsible' for 8-month-long coma

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A Chinese woman who woke up after being in a coma for eight months has claimed that her boyfriend who took care of her was responsible for causing her injuries.

According to the New York Post, Lin Yingying, 24, alleged that her boyfriend, Liu Fenghe, 25, had caused her coma after he beat her with a rolling pin in Sept 2014.

She said that Liu beat her after she burned 20 loaves of bread in the bakery they co-ran in the province of Liaoning, China. She also said that he had physically assaulted her before.

Lin added that the last thing she remembered about the incident before losing consciousness, was hitting the floor and hearing her boyfriend call for an ambulance.

She spent the next eight months in a vegetative state, only regaining consciousness in May last year. 

During her coma, local media reported that Liu had not only tended to Lin but had also spent 200,000 yuan (S$42,508) on her medical care, declaring that he would take care of her for the rest of her life.

According to a report by The Independent, Lin said that she gained the courage to speak up after her father told her that she had already “died once” and that there was nothing more for her to be “afraid of”.

The doctors in charge of Lin’s case also said that the injuries she suffered were akin to one sustained in a fall from a five-storey building.

Lin’s father has reportedly informed the local police of the alleged abuse.

prabukm@sph.com.sg

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Tuesday, March 8, 2016 – 13:01
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US receiver finds Singapore money trail

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A local gemstone investment company, whose director is being investigated by the US Securities and Exchange Commission (SEC) for an alleged pyramid scam, has said it is a separate entity from its parent company in Los Angeles, California.

USFIA Singapore’s co-director Wong Yet Loong told The New Paper last Thursday that his company only resells stocks of amber received from USFIA Inc.

But a US court-appointed receiver, who has been tasked to look into director Steve Chen’s assets and business affiliates, had argued otherwise.

The receiver, Mr Thomas A. Seaman, published his Second Report on Feb 26, stating he had discovered a money trail from USFIA Singapore to two US law firms hired to represent Mr Chen, a US citizen, and the other entities under receivership.

The report said a Singapore lawyer had told Mr Seaman that both companies were “unrelated”.

It stated: “Nevertheless, an attorney located in Singapore who purported to represent USFIA Singapore sent several communications to the receiver’s counsel claiming USFIA Singapore was unrelated to USFIA Inc.

“When asked for documents to support his claim that USFIA Singapore is unrelated to USFIA Inc, the Singapore attorney provided none.”

Neither the report nor Mr Wong revealed the name of the Singapore law firm representing USFIA Singapore.

USFIA, which stands for United States Fine Investment Arts, made headlines last September when a US court froze Mr Chen’s assets of around US$32 million (S$45 million) and bank accounts, placing them under receivership.

He also faces a US$100 million class action suit filed by an LA law firm representing overseas investors.

TNP reported last November that Mr Chen is a director and 80-per cent shareholder of USFIA Singapore, registered here in April 2014.

The company was placed on the Monetary Authority of Singapore’s Investor Alert List last Dec 15.

While the receiver’s report says that USFIA Singapore is simply the Asia Headquarters of USFIA Inc, Mr Wong told TNP over the phone that his company is independent of USFIA Inc.

“We just collect stock from them (USFIA Inc.)… the amber stones. They are our suppliers. When we get the products, we supply them locally.”

Aside from selling amber products, the Singapore firm seeks investments in amber mines and gemcoins, a virtual currency.

Mr Seaman was appointed last September after the SEC filed a civil suit against Mr Chen.

More than 40 other companies affiliated to Mr Chen were also scrutinised.

RETAINERS

The Second Report alleged that two US law firms had received large retainers from USFIA Singapore

On TNP’s previous visit to the USFIA Singapore office in AZ@Paya Lebar building, both companies’ names were prominently displayed.

On USFIA Singapore’s website usfia.com.sg, the USFIA Inc name appears at the top of the page.

Its About Us page also explains the nature of USFIA Inc’s business in amber mining and processing.

Since Dec 31 last year, the receiver has recovered roughly US$22 million and taken control of assets linked to Mr Chen, including the USFIA office building, a hotel, an apartment building, a warehouse, a few single-family homes and parcels of undeveloped land.

The Second Report stated: “Aside from some income generated by the hotel and rental properties, the receivership entities had no significant source of income other than money raised from investors.”

Mr Seaman has recommended selling the properties.

zaihan@sph.com.sg


This article was first published on March 8, 2016.
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Wednesday, March 9, 2016 – 07:30
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Lantern festival lifts Taiwan residents after earthquake

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On Feb 6, just two days before Chinese New Year, a magnitude 6.4 earthquake struck the southern Taiwanese city of Tainan around 4am. .

The death toll hit 116, with many of the casualties coming from the collapse of the Weiguan Golden Dragon high-rise tower in Tainan. But if you expected the quake to put a dampener on the most important family holiday in the Chinese calendar, you would have underestimated the resilience of the Taiwanese.

A great example of this was the Pingxi Sky Lantern Festival 2016, in Shifen Sky Lantern Square, New Taipei City, north of Tainan.

Mr Cheng, 29, a Taiwanese who has been to the festival a few times and was among the thousands who turned up, said: “Although the earthquake happened, it is a very sad and unfortunate incident, but whatever happened, happened, and it is time to move on.”

The Pingxi Sky Lantern Festival’s final event is always held on the 15th day of the lunar new year to celebrate the first full moon.

WISHES

People write their well wishes on the lanterns and release them into the sky.

The wishes are usually about health and wealth. Once released, the lanterns gradually rise and float away. Some 200 sky lanterns are released over the course of eight sessions. During the intervals between each session, there are music and dance performances.

The festival dates back more than a hundred years and signifies sending one’s wishes to God..

Mr Zhao Yuhsin, a Taiwanese, said: “Even though I’m local, I don’t come to this event every year. But since it coincided with my holidays this time, I wanted to come and experience it because it’s really fun to light the lanterns.”

Miss Theresia Shanel from the Solomon Islands, who has been studying in Taiwan for four years, was at the festival for the first time. She said: “I just wanted to come to the festival to write a wish, soak in the atmosphere and experience the culture.”

Pingxi is the only place in Taiwan where sky lanterns can be released legally due to its sparse population and high altitude.

I just wanted to come to the festival to write a wish, soak in the atmosphere and experience the culture.

– Miss Theresia Shanel, 23, from the Solomon Islands, at the Pingxi Sky Lantern Festival 2016

jlong@sph.com.sg


This article was first published on March 8, 2016.
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Wednesday, March 9, 2016 – 03:00
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