Lowyat.NET: Latest topics by lastresort

Singapore to double its rail network by 2030

lastresort — Thu, 17 Jan 2013 15:39:14 +0800

http://sg.news.yahoo.com/photos/singapore-...2030-slideshow/

Singapore will double its rail network by 2030 in a major expansion announced on Thursday.

As part of the Land Transport Masterplan 2013, two new MRT lines will be built and three existing lines will be extended. This will double the current rail network from 178 km to about 360 km.

LTA said in a statement that it will build the 50-km Cross Island Line (CRL), which will start from Changi and pass through Loyang, Pasir Ris, Hougang, Ang Mo Kio before reaching Sin Ming.

[SEE SLIDESHOW: SINGAPORE'S MRT NETWORK IN 2030]

Continuing westwards, it will serve areas such as Bukit Timah, Clementi, West Coast, and end at Jurong Industrial Estate.

Targeted to be completed by 2030, it will also provide commuters with another alternative for East-West travel to the current East-West Line.

In addition, it will connect to all the other major lines, complementing the existing Circle Line.

Another 20-km Jurong Region Line (JRL) will serve residents of Choa Chu Kang, Boon Lay and future developments in the Tengah area.

It will connect commuters to Jurong West areas and places such as NTU, the Jurong Industrial estate including Jurong Island, and the future Jurong Gateway.

Expected to be completed by 2025, JRL will connect the Jurong region with the rest of Singapore. Commuters in the north will be also able to enter the Jurong area directly via the JRL, without having to interchange at the heavily-used Jurong East interchange.

Expansion to existing lines

Three existing lines -- the Circle Line (CCL), Downtown Line (DTL) and North-East Line (NEL) -- will also be extended.

The CCL will close the link between HarbourFront and Marina Bay stations and save commuters the hassle of making multiple transfers. The extension, which will also pass through Keppel, is expected to be completed by 2025.

The NEL will be extended northwards by one station to serve Punggol North including the new Punggol Downtown.

The DTL will be two km longer by 2025 -- to run through the East Coast area. It will be connected to the East West Line and the Eastern Region Line, which will be ready by 2020, so that commuters can transfer between the Downtown Line and Eastern Region Line in the east.

As for the NEL, two kilometres will be added by 2030 -- in tandem with new developments in Punggol -- to serve Punggol North, including the new Punggol Downtown.

The Downtown Line, which now ends at Expo station, will be extended to the Eastern Region Line by 2025.

The LTA is also studying the addition on the North-South Line between Yishun and Sembawang stations in anticipation of future developments in the area.

LTA said it expects that by 2030, 8 in 10 households in Singapore will be within a 10-minute walk of a rail station.

Jurong resident Shawn Anboo, 23, welcomed the news of the upcoming Jurong Line.

"Jurong will also be a mini-CBD in future so having this line will help many workers working here. Now there’s a hospital and two more shopping centers coming up so the new will definitely be very practical in future," he said.

He also said it would benefit army service personnel in future.

"As an NSF, I was at Tengah Airbase and I had to take a bus from my place to Jurong East station and take a train to Boon Lay and then another bus to Tengah Airbase. So it will be very useful to the future NSF who will be posted to camps like Tengah Airbase, Sungei Gedong and Keat Hong camp. Most NSFs don't have their own transport," he said.

"The only thing is that SMRT should fix their current problems first but I believe that will be done in time," he added.

Fellow Jurong resident Nicole Yeo, 21, said the new JRL line would complement the bus service in the area.

"SBS buses already go in loops like bus 99, 98, 185. A lot of buses already take people through Jurong West. But SMRT should focus on their current problems. If they haven't fixed their current problems, I don't think they should move on to bigger ideas," she said.

Malaysia now 4th in South East Asia

lastresort — Mon, 20 Feb 2012 21:44:39 +0800

Malaysia Market now 4th largest in South East Asia

Year 2011 GDP, current USD GDP, PPP

[1] INDONESIA $834.3 Billion $1.123 Trillion
[2] THAILAND $339.4 622.9 Billion
[3] SINGAPORE $266.5 $315.0
[4] MALAYSIA $247.6 $447.6
[5] PHILIPPINES $216.1 $394.0
[6] VIETNAM $121.6 $299.6
[7] MYANMAR $50.2 $82.8
[8] BRUNEI DARUSSALAM $15.6 $21.2
[9] CAMBODIA $13.2 $33.0
[10] LAOS $7.9 $17.4

Source: http://knoema.com/tbocwag

350k Below Valuation Bungalow for Sale.

Thu, 01 Jan 1970 07:30:00 +0800

Should Singapore buy Malaysia firm

lastresort — Tue, 15 Nov 2011 18:25:09 +0800

Should Singapore firm invest in one of Malaysia telecoms (Maxis, Celcom, Digi).

Can increase competition and make price cheaper for all? Overseas calls and roaming charges will be reduced significantly.

Can cut business costs for many firms doing business in both countries.

SingTel should continue to acquire stakes in regional telecoms!

SingTel now has 424 million customers, very impressive for an island of 5 million people.

SingTel Group's Mobile Customer Base Expands to 424 Million

Singapore Telecommunications (SingTel) today announced that the Group posted another quarter of strong mobile customer additions. The Group's total mobile customer base increased 15% or 56 million from a year ago to reach 424 million as at 30 September 2011.

http://www.cellular-news.com/story/51722.php

Affordable phone and internet services

lastresort — Tue, 15 Nov 2011 15:06:36 +0800

More than 424 million people in Asia Pacific enjoying affordable cheap local phone and internet services.

Also get to enjoy prepaid unlimited data roaming at the lowest one-flat rate across Asia Pacific and many more.

https://www.bridgealliance.com

Maxis is part of this Bridge Alliance formed by SingTel.

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MAS vs SIA

lastresort — Sat, 08 Oct 2011 23:55:50 +0800

Which is better?

MAS

[YOUTUBE]XnXxK_zwzkw[/YOUTUBE]

SIA

[YOUTUBE]xRArB_z9uYc[/YOUTUBE]

A Great Way to Fly

lastresort — Sat, 01 Oct 2011 23:51:24 +0800

A Great Way to Fly. Love these commercials!

[YOUTUBE]RrI8DSCmRb4[/YOUTUBE]

[YOUTUBE]fNEJrd6GkSY[/YOUTUBE]

Great inspiring commercial!

lastresort — Tue, 20 Sep 2011 22:17:46 +0800

Great inspiring commercial!

[YOUTUBE]N8rrxjIjHlQ[/YOUTUBE]

Louis Vuitton Island Maison

lastresort — Tue, 20 Sep 2011 00:52:26 +0800

Star power at the opening of Louis Vuitton's floating boutique

http://www.plushasia.com/media_photo/14458

http://www.straitstimes.com/BreakingNews/S...ory_713909.html

Louis Vuitton Island Maison, Marina Bay

Probably the largest in the world

http://static.plushasia.com/action/MediaImage/81611.jpg

http://www.flickr.com/photos/tbodley/61547.../in/photostream

http://www.flickr.com/photos/tbodley/61547...in/photostream/

http://www.flickr.com/photos/tbodley/61542...in/photostream/

Luxury brand Louis Vuitton rolled out the red carpet for the opening of its first floating boutique in the world at Marina Bay Sands.

First to arrive at the red carpet was Oscar-winning actress Cate Blanchett, decked in an all-black ensemble. She joined LV's chief executive Yves Carcelle, and Minister S Iswaran in a ribbon-cutting ceremony by the waterfront.

The four-storey island maison is the luxury brand's first in South-east Asia and 12th in the world. International stars like Korean actor Kwon Sang Woo and Hong Kong celebrity also walked the red carpet, turning up the star power.

Avalon Superclub opening!

lastresort — Wed, 07 Sep 2011 22:49:29 +0800

Anyone coming for this event?

Venue

[YOUTUBE]phWNAr961pA[/YOUTUBE]

[YOUTUBE]l8F0ymQJyW0[/YOUTUBE]

Nice architecture!

lastresort — Thu, 25 Aug 2011 17:54:31 +0800

These are residential towers.

Once fully ready, they should look more like the renderings.

http://www10.aeccafe.com/blogs/arch-showca...el-Land-Ltd.jpg

http://www.archicentral.com/wp-content/ima...flections-3.jpg

http://farm6.static.flickr.com/5155/590856...5afbe33df_z.jpg

http://www.aboutsingaporeproperty.com/wp-c...8/Lily-Lai1.jpg

http://farm4.static.flickr.com/3038/572166..._921e7d336d.jpg

Another residential tower that was completed many years ago

http://www.inhabitat.com/wp-content/upload...ngsail-ed01.jpg

First Time to KL

lastresort — Wed, 13 Jul 2011 10:45:28 +0800

/k/, I'm from SG and I'm planning a trip to KL from 29 July to 1 August (tentatively). I will be backpacking around on my own free and easy.

My main objective during this trip is to get to know the KLCC, bukit bintang and the surrounding area well. Visit places where locals go, not touristy places. I would want to cover the entire Bukit Bintang, Golden Triangle, commercial prime areas (KLCC), yes mainly city area. I also want to visit a few suburbs like PJ provided I have time.

I also hope to travel by foot, LRT and buses so as to save some money, see more things and know where the locals like to go. I don't mind cheap budget hotels.

I will most likely be taking bus from SG to Larkin, Johor Bahru and then transfer to another bus to KL on 28th July, Thursday night and will reach KL on Friday Morning. Just like what some /K/ have mentioned, travelling at night will save me a day's time and hotel charges.

However, getting to know the place on my own is not enough, I am actually hoping to find people from /k/ who would be kind enough to take me around the city, advice me which cheap budget hotel to choose that is near to the city centre and LRT station. That will save me plenty of time and to know this big city in a few days and know from the locals point of view, which areas are worth checking out.

Will anyone here be free on those days (actually i can change the dates to suit whoever is kind enough, but preferably over the weekends) to take me around?

SMAP advertisement so nice

lastresort — Mon, 27 Jun 2011 19:47:52 +0800

[YOUTUBE]nMZVbVNurUs[/YOUTUBE]

http://www.youtube.com/watch?v=nMZVbVNurUs&feature=related

"I'm dying to go to Singapore,"

lastresort — Mon, 20 Jun 2011 19:29:21 +0800

Steve Wynn keen to open casino hotel in Singapore-report

http://www.reuters.com/article/2011/06/20/...E7HK02820110620

Jun 20 (Reuters) - Casino gaming tycoon Steve Wynn, who controls Wynn Resort and Wynn Macau , is keen to build a property in Singapore, where two one-year-old casino-resorts look set to surpass the Las Vegas Strip in gaming revenues this year, the Business Times reported.

"I'm dying to go to Singapore," Wynn told Singapore's Business Times in an interview. "That's my next goal in life -- to build a hotel in Singapore."

Such a hotel would need the ancillary income of a casino to justify the investment, he added.

Singapore legalised casino gaming in 2005 in a bid to double visitor arrivals by 2015. Genting Singapore's Resorts World at Sentosa opened in February last year, while Las Vegas Sands' Marina Bay Sands started operations in April.

Wynn will have to wait till March 2017 to open a property in the Southeast Asian city as Singapore has granted the two incumbents exclusivity for the period. (Reporting by Kevin Lim)

OCBC ranked world's strongest bank

lastresort — Tue, 10 May 2011 23:03:31 +0800

S'pore's OCBC ranked world's strongest bank by Bloomberg

http://www.channelnewsasia.com/stories/sin...1127914/1/.html

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GIC manages around US$300 billion

lastresort — Mon, 09 May 2011 23:28:32 +0800

GIC’s annual return last 30 years comparable to equities’ 10.2pc

GIC manages around US$300 billion.

http://www.themalaysianinsider.com/busines...equities-10.2pc

SINGAPORE, May 9 – The Government of Singapore Investment Corp (GIC) has achieved returns comparable to equities since its inception 30 years ago, but with less risk, chairman Lee Kuan Yew said today.

“Compared with the popular high-return asset class of equities, which returned 10.2 per cent per annum in US dollar terms since 1981, the GIC portfolio made comparable returns with lesser risk, Lee (picture) said at a dinner to mark the sovereign wealth fund’s 30th anniversary.

He added the returns outpaced global inflation by a comfortable margin.

“The next 30 years looks challenging (and) the investment outlook could be less benign,” said Lee, Singapore’s first prime minister and the father of current Prime Minister Lee Hsien Loong.

GIC, one of the world’s largest sovereign wealth fund, manages around US$300 billion (RM896.67 billion). Its investments include stakes in UBS and Citigroup , which it helped rescue in the aftermath of the financial crisis.

GIC said in September last year it managed an average return of 7.1 per cent a year in US dollar terms in the 20 years to March 2010, up from 5.7 per cent per annum for the two decades ended March 2009.

Lee said the global economic environment appeared “unusually uncertain”.

“It will take time to work through the full consequences of the crisis, such as the huge amount of debt the developed world has taken on,” Lee said, adding the turmoil in the Middle East has elevated geopolitical risks.

Lee said GIC must be prepared to take decisions that may appear unconventional to perform better than its peers.

“As GIC grows larger and more established, the impetus to follow conventional practices will grow stronger. This could lead to mediocrity.” – Reuter

Nice Lamborghinis

lastresort — Thu, 05 May 2011 22:28:58 +0800

Nice Lamborghinis

[YOUTUBE]NfX26N-1FhI[/YOUTUBE]

Malaysians target Singaporeans in JB

lastresort — Wed, 20 Apr 2011 21:21:31 +0800

This is all too common in Johor though things are getting better. As a frequent SG traveller to JB, I hope things will continue to improve.

Malaysian road bullies smashed S'pore car in JB -- because driver didn't give way

http://singaporeseen.stomp.com.sg/stomp/sg...because_of.html

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Asia's Hottest Clubs Open in July

lastresort — Thu, 07 Apr 2011 19:23:19 +0800

Asia's Hottest Clubs Open at Marina Bay Sands in July

http://www.prnewswire.com/news-releases/as...-119378909.html

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Welcome to my homeland

lastresort — Tue, 29 Mar 2011 01:04:42 +0800

Singapore over the years