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  • DBS Akan Tutup The Islamic Bank Of Asia Ltd

    DBS Akan Tutup The Islamic Bank Of Asia Ltd

    Kumpulan DBS hari ini menyatakan, ia akan menutup usahasama perbankan Islamnya yang berpangkalan di Singapura.

    Sebaliknya ia kini akan mengendalikan secara langsung produk-produk berlandaskan Syariah.

    “Selepas banyak pertimbangan, lembaga pengarah The Islamic Bank of Asia Ltd (IB Asia) sebulat suara bersetuju untuk secara beransur-ansur menutup IB Asia. Sebagai entiti berasingan, IB Asia tidak dapat mencapai skala ekonomi yang besar,” kata DBS dalam satu kenyataan kepada bursa saham.

    “DBS akan terus membangunkan dan mengedarkan produk-produk berlandaskan Syariah seperti bon Islam atau Sukuk, dalam operasi utama perbankan,” tambahnya.

    DBS juga berkata ia akan melakukan yang terbaik untuk mengambil majoriti kakitangan IB Asia.

    IB Asia ditubuhkan pada tahun 2007 sebagai sebuah perkongsian usahasama antara DBS dan pelabur-pelabur terkemuka yang berpangkalan dalam Majlis Kerjasama Teluk (GCC).

    Source: http://berita.mediacorp.sg

  • Impian Meniggal Dunia Di Makkah Termakbul Bagi Seseorang Mangsa Kren Tumbang

    Impian Meniggal Dunia Di Makkah Termakbul Bagi Seseorang Mangsa Kren Tumbang

    IPOH: “Impian mak untuk meninggal dunia di Makkah termakbul,” kata anak ketiga Allahyarham Rusiah Suar, 56 tahun.

    Hariyanti Ahmad Badri, 31 tahun, berkata beliau reda kerana itu adalah ketentuan Ilahi.

    “Dia ada beritahu teringin sangat nak meninggal di Makkah. Kami reda sebab perkara itu memang diidamkan oleh umat Islam.

    “Saya menyangka itu adalah satu gurauan. Bagaimanapun sebagai anak saya sedih atas pemergiannya,” katanya kepada pemberita di kediamannya.

    Beliau berkata berita pemergian ibunya dimaklumkan kepada keluarganya oleh Tabung Haji (TH) yang datang ke rumah pada kira-kira 7.45 malam Ahad (13 Sep).

    “Pihak Tabung Haji beritahu menemui mayat ibu di sebuah hospital di Makkah, namun mereka tidak memaklumkan bagaimana insiden itu berlaku.

    Hariyanti berkata dia dimaklumkan TH akan menguruskan proses pengebumian ibunya di Makkah.

    Anak ketiga daripada lima beradik itu berkata rakan sebilik ibunya memaklumkan bahawa arwah rebah dan pengsan ketika insiden itu berlaku.

    “Selepas menerima berita insiden itu, saya meminta suami menelefon kawan ibu saya untuk bertanya keadaan yang berlaku dan dia memberitahu ketika melakukan saie, kren jatuh, mak saya terus rebah.

    “Ketika itu kawan-kawan mak nak tolong tetapi orang di sana tidak benarkan…selepas itu kawan-kawan mak terus terputus hubungan dengan mak,” katanya.

    Sementara itu, Nor Haizan, 34 tahun, berkata ibunya teruja untuk menunaikan ibadah haji.

    “Semasa di Tabung Haji Kelana Jaya, mak sempat bergurau dengan kami dan nampak dia teruja. Semasa melakukan persiapan, mak nak semua barang-barang keperluan baru dan dibeli awal,” katanya.

    Nor Haizan terkilan kerana pemergian ibunya seminggu sebelum Aidiladha sama seperti Allahyarham ayahnya yang menghembuskan nafas terakhir sehari sebelum Aidiladha pada 2007.

    “Saya reda kerana itu sudah ketentuan,” katanya sambil menambah solat jenazah ghaib telah dilakukan selepas maghrib semalam dan majlis tahlil akan dijalankan hari ini (14 Sep).

    Source: http://berita.mediacorp.sg

  • Behind PAP’s Victory, A Rising Star

    Behind PAP’s Victory, A Rising Star

    Singapore’s ruling party is celebrating a resounding re-election victory, thanks partly to its economic Tsar, an ethnic Tamil politician whose voter appeal poses an awkward question for its leaders: can a non-Chinese ever become prime minister?

    As the People’s Action Party (PAP) settles down to another five years in power, the guessing game of who will succeed Prime Minister Lee Hsien Loong has begun – and the name of Tharman Shanmugaratnam keeps coming up.

    The odds of Shanmugaratnam, who is deputy prime minister and finance minister, making it to the top job should be long.

    All three of Singapore’s prime ministers to date have been of Chinese origin and, in a country where three-quarters of the residents are ethnic Chinese, it would be hard to break that tradition. Just one in 10 Singaporeans can, like Shanmugaratnam, trace their roots back to South Asia.

    PAP officials declined to comment on the question of who will come after Lee, 63, who has hinted that he may step down by 2020, because it is a sensitive subject in a party that is in any case instinctively secretive.

    Lee has said that the chances of a non-Chinese becoming prime minister are better for the new generation of leaders but a lack of Mandarin, widely spoken here, could be a problem.

    For some Singaporeans, though, the idea is as outlandish as a non-Malay prime minister in Malaysia or an Indonesian from outside the political heartland of Java becoming president.

    In a book published two years before his death this year, Lee Kuan Yew, Lee’s father and the deeply respected first prime minister of this tropical city-state, listed four ethnic Chinese men as the new generation of up-and-coming leaders.

    Still, Shanmugaratnam’s hustings performance in the run-up to last week’s election was so impressive that even an opposition candidate, Paul Tambyah of the Singapore Democratic Party, openly longed for him to lead a grand coalition of parties.

    “People would like to see Tharman around to set the tone for a new PAP leadership,” said Catherine Lim, a long-time political commentator and critic of Lee Kuan Yew.

    “It’s time now for a completely different one, and the only person whom I can think of to set that tone convincingly and who can appeal to Singaporeans across ethnic groups would be Mr Tharman,” she said.

    Shanmugaratnam, 58, said in July he was not keen on the prime minister’s job, though he expected Singapore to have a leader from one of its minority ethnic groups at some point.

    He was not available to comment for this article.

    A TRANSITIONAL PRIME MINISTER?

    The PAP won almost 70 percent of the popular vote in the election, a stunning recovery from its record low of 60.1 percent in 2011. In his own district, Shanmugaratnam led a handful of lawmakers to a win with about 80 percent of the vote.

    Analysts say that rebound was helped by a wave of patriotism after the death of Lee Kuan Yew and independent Singapore’s 50th birthday celebrations, but also by a slight shift from unbridled capitalism to Western welfarism that was led by Shanmugaratnam.

    In his campaign speeches, Shanmugaratnam pressed the right buttons for an electorate that has in recent years begun to question the hard-nosed growth-at-all-costs policies of the PAP that left many marginalised and struggling to make ends meet.

    In a calm baritone and with his trademark avuncular style, he crunched numbers to show how social welfare is working.

    He also explained changes the PAP has embraced after 50 years of unbroken rule, but conceded still more were needed.

    “It used to be a top-down government, often quite heavy-handed,” he told one rally. “It’s no longer that way … Strong leadership is listening, engaging, moving with people.”

    Shanmugaratnam spoke some Mandarin on the campaign, and when he quoted from an ancient Chinese poem at one rally the crowd exploded with cheers.

    He was educated at the London School of Economics, Cambridge and Harvard, and spent most of his career at the Monetary Authority of Singapore, the island state’s central bank and financial regulator.

    He got into a legal tangle in the 1990s when he was fined for failing to protect the secrecy of official information after economic data was published in a newspaper ahead of its release. Shanmugaratnam had pleaded not guilty.

    He is also well known on international circuits: a darling of international investors, he was appointed chairman of the International Monetary Fund’s policy steering committee in 2011.

    Eugene Tan, a law professor at Singapore Management University and a political commentator, said one obstacle for Shanmugaratnam is that he is seen as part of the prime minister’s generation, when perhaps ideally a new generation would be coming forward.

    “However, if it is assessed that a transitional prime minister is needed while the fourth generation is ready to take over, then … Tharman is well-positioned to step up,” Tan said.

     

    Source: https://sg.news.yahoo.com

  • NUS, NTU In Top 13 Of World University Rankings

    NUS, NTU In Top 13 Of World University Rankings

    The National University of Singapore (NUS) and Nanyang Technological University (NTU) have leapt into the top 13 of the annual World University Rankings, partly due to a change in how research citation is evaluated.

    In the ranking by London-based education consultancy Quacquarelli Symonds (QS) released this morning, NUS took the 12th spot this year, up from 22nd last year, and NTU was placed 13th, up from 39th last year.

    The Massachusetts Institute of Technology topped the list, closely followed by Harvard. The University of Cambridge tied with Stanford University in third place.

    QS said it had changed the way research citation is taken into account, to correct the bias created by a large volume of citation generated by publications in some fields, such as life sciences and medicine.

    QS head of research Ben Sowter said: “For example, the medical sciences account for 49 per cent of the citations in Scopus, the world’s largest citation database.

    “In contrast, the arts and humanities produce only 1 per cent of citations, because of their very different publishing culture.”

    With the change, research citation in five areas – life sciences and medicine, arts and humanities, engineering and technology, social sciences and management, and natural sciences – are given equal weighting of 20 per cent.

    Mr Sowter said the new methodology “now evens the playing field”.

    But even without this change, NUS and NTU would have improved on their rankings this year, he said.

    “NUS has been steadily climbing various league tables for years, and has done so while developing excellence across the academic spectrum.

    “It is that balanced approach that has led to a research profile that is not disproportionately geared towards medicine. This has been revealed with dramatic clarity in this year’s QS World University Rankings,” he added.

    NUS ranked ninth globally in the academic and employers reputation criteria and made it to the global top 10 in three faculty areas.

    NUS president Tan Chorh Chuan said the university needs to review the change in methodology to understand how it has resulted in the changes in ranking this year.

    He added: “Our consistent performance in international rankings is a reflection of Singapore’s strong support for higher education, as well as NUS’ strong focus on talent and excellence. We are also pleased to note that NUS continues to be highly regarded and valued by academics and employers worldwide.”

    On top of a significant improvement in research citation, NTU also fared better in terms of academic reputation and faculty-student ratio.

    Its ascent would have still been remarkable without the change to the research-citation parameter, Mr Sowter said.

    “If QS had continued with the previous approach, NTU would still have gained more than 10 places from last year, underlining its genuine transformation into a world- class university over the past decade,” he added.

    NTU president Bertil Andersson said the achievement is clear recognition that NTU’s investment and efforts to build up its academic and research excellence have paid off.

    He said NTU has been successful in attracting top talents, including promising young international scientists.

    “Our faculty has been producing world-class impactful research,” he said, adding: “It is remarkable that the two Singapore universities, NTU and NUS, are both ranked within the global top 15. This is a fantastic birthday gift for this young nation on its Golden Jubilee.”

     

    Source: www.straitstimes.com

     

  • Drunk Woman Jumps On Car Bonnet, Attacks Taxi Driver

    Drunk Woman Jumps On Car Bonnet, Attacks Taxi Driver

    A woman, believed to be drunk, stopped a number of cars in the middle of an expressway early morning on  Sunday (Sept 13).

    Police said a 32-year-old woman has been arrested in relation to the case.

    They were called to assist at 1.47am in the incident that happened along Seletar Expressway(SLE) near Upper Thomson Road.

    An eyewitness told Shin Min Daily News that the woman was seen slumped on the hood of a black car in the middle of the highway.

    It is understood that she attacked the driver of the taxi she was in, causing the driver to stop his car.

    She then got off the taxi, ran to the next lane and stopped the black car. She was seen breaking the windscreen wiper of the car.

    The woman then went to another lane and stopped a white car.

    The driver of the black car and a motorcyclist then brought her to the road shoulder to await the police.

    The eyewitness also said she was uncooperative and tried to hurt the police officers arresting her.

    The incident was a case of rash act causing hurt, police said.

    The police are investigating.

     

    Source: www.straitstimes.com

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