Due to higher construction and manpower costs, the second phase of the Deep Tunnel Sewerage System will cost S$6.5 billion – almost twice that of the first phase.
SINGAPORE: The cost of treating and supplying water has risen significantly with energy and construction costs driving up expenses, said national water agency PUB on Friday .
Energy costs have gone up as the average electricity tariffs increased by almost 37 per cent since 2017 – and about 50 per cent at its peak – due to rising fuel prices. Due to higher construction and manpower costs, the second phase of DTSS will cost S$6.5 billion. This is almost twice that of Phase 1, which cost S$3.4 billion when it was built almost two decades ago, said PUB. The cost of constructing the deep tunnels for Phase 2 has also more than tripled, the agency added.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Too big to fail: 4 insurers to face higher standards and scrutiny under new MAS ruleSINGAPORE - Four insurers have been named as “systemically important” to Singapore, in a new move that will subject them to higher regulatory standards and closer supervision, given that their collapse would significantly affect the country’s economy. They are AIA Singapore, Income Insurance, Prudential Assurance Company Singapore and Great Eastern Life Assurance Company. The Monetary Authority of Singapore, in unveiling...
続きを読む »
Why buying a house in a cycling-friendly neighbourhood makes sense amidst rising transit costAs Singaporeans, we take pride in our efficient public transportation system. However, recent fare increases have made many of us rethink the impact on our wallets. While those few extra cents might not seem like much, in the grand scheme of rising prices for everything else, it's a pinch that can be felt by the average Singaporean. The question is,...
続きを読む »
Digital-first approach crucial to customer-centricity: AIA SingaporeTechnology, data, and analytics, have become keys to personalisation of online and offline customer experiences.The coronavirus pandemic has turned the world on its head; and every industry on the planet has to innovate and come up with new ways of doing its business. Office-based workplaces have transitioned urgently into work-from-home arrangements; the retail sector has leveraged off of the global e-commerce ecosystem to continue getting goods to customers; and banks have ramped up their own innovations to stay connected with their stakeholders.In Singapore, maintaining the integrity of transactions as they rapidly take on digital forms has been a particular challenge. Fortunately, insurance provider AIA has implemented a new solution that it says is giving greater confidence and security to all of its customers. “Integrating our digital platforms with GovTech’s Sign with SingPass and Kofax’s SignDoc advances our ability to provide fast and even more convenient customer experiences without compromising their data security, which is essential in an increasingly digital world,” says Melita Teo, Chief Customer and Digital Officer at AIA Singapore.Sign with SingPass advantageAvailable to all AIA Singapore customers since November 2020, Sign with SingPass was an initiative spearheaded by the Government Technology Association (GovTech) in Singapore. One of the key features has been its integration with the existing SingPass system, so that users’ identities can be automatically verified with minimal hassle. Signatures made using Sign with SingPass are regarded as secured electronic signatures under Singapore's Electronic Transactions Act, which means customers can now sign legal documents virtually, without face to face meetings.Previously, the majority of contracts – and almost all insurance contracts – needed to be signed in person to ensure validity in Singapore.AIA is the first insurance provider to integrate Sign with SingPass with its distribution platform, which
続きを読む »
Chinese actor Liu Jin smashes iPhone in front of Apple store due to S$1,300 repair costHave you felt such iPhone-related rage before?
続きを読む »
Singapore's worst money laundering case: Cash and assets seized now worth over $2.4bSINGAPORE - The police have taken control of more than $2.4 billion worth of assets in Singapore’s worst money laundering case. In an update on Wednesday (Sept 20), the police said they conducted more operations, after 10 foreign nationals were arrested in August for their alleged involvement in laundering the proceeds of their overseas organised crime activities. These included scams...
続きを読む »
Singapore money laundering case snowballs further to over S$2.4 billion in assets seized or frozenSINGAPORE: A massive, transnational money laundering case that surfaced in Singapore has further swelled to now involve over S$2.4 billion (US$1.8 billion) in seized or frozen assets. This more than doubles the
続きを読む »