• Mediacorp Pte Ltd Fonds

    Fonds/Collection

  • Mediacorp News Sub-fonds

    Sub-fonds

  • News and Current Affairs Series

    Series

  • 06/01/2012

    Record Date

  • 06/01/2012

    Broadcast/Release Date

  • 00:30:00

    Recorded Duration

  • English

    Recording Language

  • 2012000526

    Accession No.

  • Audiovisual

    Type

  • MOV IMX30

    Format

  • Access permitted

    Conditions Governing Access

  • Use and reproduction require written permission from copyright owner(s). Processing of reproduction request may require 7 working days.

    Conditions Governing Reproduction


  • Synopsis :

    1. Singapore: About 400 DBS and POSB customers were affected by the largest ATM fraud in Singapore. An internal investigation by DBS shows that unauthorised withdrawals were part of a card skimming operation. Two ATMs in Bugis Street were compromised for a three-day period in late November 2011. Sound bite of Gerard Tan (President, Association of Information Security Professionals). (00:01:17)

    2. Singapore: Many POSB and DBS customers have been checking their accounts to see if money had been withdrawn. While customers are generally not worried, some are unhappy and say that the security of their accounts should be well-maintained. Some retailers say that fewer customers were using NETS payment. (00:05:13)      

    3. Singapore: SMRT CEO Saw Phaik Hwa has stepped down as President and CEO with immediate effect, three weeks after the worst train disruption in Singapore's history. Saw will continue to help in the relevant investigation teams and the Committee of Inquiry reviewing the causes of the train disruptions. Tan Ek Kia, a SMRT board director, has been appointed as interim CEO. (00:06:18)    

    4. Singapore: The first sitting of Parliament in 2012 will see Transport Minister Lui Teck Yew making a ministerial statement on the train disruptions in December 2011. Questions on the taxi fare revisions, the North-South expressway and floods will be raised. (00:08:45)    

    5. Singapore: A study on the effects of smoking found that the risk of death among smokers aged over 60, who had quit for an average of four years, was reduced by about 16%. Sound bite of Assoc Prof Koh Woon-Puay (Saw Swee Hock School of Public Health, National University of Singapore). (00:11:46)

    6. Singapore: In a push to expand pro-bono services, starting from 2013, students pursuing an undergraduate law degree will have to take a mandatory pro-bono programme. The Chief Justice has also proposed initiatives to encourage law firms to help needy accused persons. (00:13:32)  

    7. Singapore: A new Design, Build and Sell Scheme development has been launched in Hougang. The multi-storey car park of the development will have one of the highest car park-to-unit ratios for public housing. (00:15:35)    

    8. Singapore: The Football Association of Singapore has appointed Mr Lim Chin as the new CEO of the S.League. Bringing the fans back to the S.League is one of Mr Lim's priorities. Sound bites of Lim Chin and Johan Gouttefangeas (Deputy CEO, S.League). (00:16:34)

    9. Business News: DBS may suffer a hit to its reputation and a temporary loss of confidence after a string of fraudulent withdrawal of funds involving some 400 customers. Analysts say that the compensation payout to affected depositors may not cause a big dent on the bank’s earnings. Sound bite of Liu Jinshu (Deputy Lead Analyst, SIAS Research). (00:21:23)

    10. Business News: Tech savvy companies are estimated to have grown in revenue by an annual rate of about 25% in recent years. Sound bites of Ang Yuit (MD, The Adventures and Vice President, Strategies and Development, Association of Small and Medium Enterprises), John E. Goeres [MD, Technology, Media and Telecommunications, Deloitte Consulting (SE Asia)] and Gerry Chng (Partner, Advisory Services, Ernst and Young). (00:22:09)

    11. Business News: KXD Digital Entertainment says it is being investigated by the police for alleged offences under the Securities Futures Act. (00:25:35)

    12. Business News: Top executives at public-listed companies are likely to see an increase in their basic pay of between 4% and 5% in 2012, while their performance bonuses may be hit due to the expected economic slowdown. Overall, total wage packages may be lower than in 2011. Sound bites of Peter Lee (Managing Consultant, Remuneration Data Specialists) and Stella Tang (Associate Director, Robert Half International). (00:26:15)

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