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Ley Choon
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Msport
Elite |
23-Jul-2019 10:04
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Singapore to spend S$400 million upgrading, maintaining drains over two yearsimage: https://cna-sg-res.cloudinary.com/image/upload/q_auto,f_auto/image/8135578/16x9/670/377/f79f5f666cd2fe1d50b48272a8f1cb3b/mh/aye-flood---803226.jpg ![]() File photo of a flood in Singapore. (Photo: Hsann Aung Naing) Share this content
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SINGAPORE: As part of efforts to boost flood resilience, Singapore will spend an additional S$400 million to upgrade and maintain drains over the next two years, announced Environment and Water Resources Minister  Masagos Zulkifli on Wednesday (Jul 17). Speaking at the 2019 Partners for the Environment forum, Mr Masagos  said Singapore remains vulnerable to the effects of climate change, despite previous efforts to protect the environment and improve resilience.  
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&ldquo We can thank our pioneer leaders for putting us in a better position, but the urgency of environmental challenges cannot be understated ... we must remain clear-eyed about Singapore&rsquo s vulnerability as a small, low-lying island with no natural resources and no hinterland to retreat to if sea levels rise,&rdquo he explained. As such, there is a need to plan, invest and implement solutions for the long haul, said Mr Masagos. READ:  &lsquo Time is running out&rsquo : Tackling climate change a priority for Singapore, says MasagosSingapore has already spent around S$1.8 billion on drainage improvement works, and this includes the Stamford Diversion Canal and the Stamford Detention Tank, which were completed last year.   
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&ldquo Singapore has always prided ourselves on our foresight and long-term planning. By planning early, we can phase in the necessary measures in a timely manner whilst spreading out the costs over many years,&rdquo said Mr Masagos. Giving the example of a 1953 storm surge in the North Sea which overwhelmed dykes in the Netherlands and resulted in 1,800 deaths, Mr Masagos called it an &ldquo unfortunate&rdquo incident, as scientific studies years before had warned that its existing dykes were inadequate. He said: &ldquo We must be prepared to make the necessary investments to protect Singapore against sea level rise and, for critical infrastructure, against the &lsquo perfect storm&rsquo .&rdquo   READ:  Singapore opens first seed bank to protect regional plant diversity against climate changeEVERY EFFORT COUNTS  Mr Masagos also pointed out that there needs to be collective action, and that " we need to partner businesses, individuals and organisations to come up with creative and effective solutions" . &ldquo The Government has initiated the momentum for action. But we cannot do this alone,&rdquo he said. &ldquo As Deputy Prime Minister Heng Swee Keat said last month, we believe in expanding our democracy of deeds, where Singaporeans contribute not just their ideas, but also their efforts to build our future.&rdquo This includes people making climate-friendly choices such as reducing single-use plastics and purchasing appliances which have less environmental impact, said Mr Masagos. READ:  Singapore, KL among major cities to face ' unprecedented' climate shifts by 2050In addition, the Ministry of Environment and Water Resources will convene a Citizens&rsquo Workgroup by September to get 50 Singaporeans to work with them to come up with solutions to improve the way recycling is done, said Mr Masagos. The workgroup will include Singaporeans from different backgrounds and will be given access to policy-relevant information, such as household recycling surveys. &ldquo We need everyone to play their part and as one nation, overcome the existential challenge that climate change poses, which can threaten our way of life,&rdquo said Mr Masagos. &ldquo If we put our heads, hearts and minds together, we will come out of this for the better and will leave behind a more resilient and prosperous Singapore for our children, grandchildren and many generations to come.&rdquo Read more at https://www.channelnewsasia.com/news/singapore/singapore-flood-drains-environment-climate-change-masagos-11727568 |
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Sgvale
Supreme |
20-Jul-2019 07:49
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Want to buy pennies. Also must be selective ma. |
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HB8289
Master |
19-Jul-2019 22:33
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look like alot of ppl got snook today  . company is debt driven    |
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gravity8888
Supreme |
19-Jul-2019 14:17
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Sold mine |
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johnng
Supreme |
19-Jul-2019 13:47
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Coming alive |
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gravity8888
Supreme |
09-Jul-2019 14:00
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dead again? |
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gravity8888
Supreme |
08-Jul-2019 09:01
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That explain the rise last Fri.. Pump and dump to get out? |
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lukewong82
Master |
06-Jul-2019 13:06
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Material Uncertainty Related to Going Concern We draw attention to Note 2(A) to the financial statements. The Group incurred net loss and total comprehensive loss of S$9,605,000 and S$10,074,000, respectively, for the financial year ended 31 March 2019. In addition, the Company had net current liabilities of S$30,209,000 as at 31 March 2019. |
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gravity8888
Supreme |
05-Jul-2019 11:15
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Thanks man.. Think stabilising at 21/22. I was in yest at 18 |
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hmmhmm
Elite |
05-Jul-2019 10:00
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careful.....dont get caught like Addvalue Tech which now had dumped frm 3cts till 2.5cts now... foresee will hit new low today.... |
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gravity8888
Supreme |
05-Jul-2019 09:48
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Which penny doesn't? |
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easywin
Supreme |
05-Jul-2019 09:40
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Up fast and down also fast! |
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gravity8888
Supreme |
05-Jul-2019 09:37
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Comin |
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gravity8888
Supreme |
04-Jul-2019 13:54
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Seems like ppl started to take note? |
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SmallSmall
Supreme |
04-Jul-2019 13:19
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This one looks steady with the major shareholder (49,46%) buying back the shares at $0.016.. Another plus is Hiap Hoe holding 14.9% of the shares also. Limited downside. Ready to chiong? |
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johnng
Supreme |
21-Apr-2018 16:46
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next week can aim this one |
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jaydenupup
Member |
10-Apr-2018 00:07
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CV of CFO appointed this year: http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementLast12Months& F=KDO0FQ0WXUMFFLJ7& H=31993ae4fda321206cef8398129421cae2c7f2a365f10631cd13ad8e33945010 States that he worked in China Healthcare Limited Feb 2007 to Oct 2008 http://unionsteel.listedcompany.com/news.rev/id/70684 http://unionsteel.listedcompany.com/news.rev/id/70685 http://unionsteel.listedcompany.com/news.rev/id/70687 Big Six Audit Experience.. Aurther Andersen.. Wonder if its the same Goh Seng Huat... |
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mcampl
Member |
24-Jan-2018 12:38
Yells: "no discipline = gambling; discipline = investing" |
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HUAT AR! :) |
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nihc13
Member |
24-Jan-2018 10:50
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hope the recent rise in LC price can substain |
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think2profit
Master |
16-Jan-2018 14:37
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Look super cheap for a upcoming water play in 2018 |
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