SMRT, LTA unit in consortium that wins Metro Manila deal
Written by Reuters
Thursday, 12 December 2013 11:51
Two Singapore companies are in the consortium which won Monday’s public bidding to develop and run a fare-collection system for Metro Manila’s rail system.
Temasek-linked SMRT Corporation and MSI Global, a unit of Singapore’s Land Transport Authority (LTA), are expected to bring their respective areas of expertise and resources to the table for the AF Consortium.
The consortium’s bid of 1.8 billion pesos ($50.9 million), the lowest one, pipped the bids of two other contenders - Malaysia’s Berjaya and ethnic Chinese taipan Henry Sy.
In a disclosure to the Singapore Exchange, the Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Guangdong) Shipyard Co. Ltd (COSCO Guangdong), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co. Ltd, has delivered a 4500 sqm Livestock Carrier, “Ganado Express” to its European buyer.
The delivery documents were signed by and between COSCO Guangdong and the buyer recently.
The Livestock Carrier measures 134.8 meters in LOA (length of all), 19.6 meters in breadth and 9.6 meters in depth.
SingTel's slapped with $220,000 penalty for island-wide MioTV service disruption
The incident affected 26,000 subscribers.
According to a release, the Media Development Authority (MDA) has fined SingNet S$220,000 for an island-wide Mio TV service disruption on 15 May 2013.
The incident, which occurred at around 1 a.m. on 15 May 2013, lasted about nine hours, and affected some 26,000 Mio TV subscribers across various parts of Singapore.
Those impacted reported that they could not boot up their Mio TV set-top boxes to view the channels they had subscribed to.
The issue was eventually resolved at around 10 a.m. on the same day.
Investigations revealed that the incident was triggered by a maintenance activity carried out on 14 and 15 May 2013. The routine maintenance involved the replication of video-on-demand content to another server but the operation failed as the hard disk of the receiving server was full.
While attempting to recover the failed operation, a wrong recovery command was subsequently keyed in by SingNet’s contractor, resulting in the set-top boxes of subscribers failing to boot up properly.
As a Nationwide Subscription Television Service Licensee, SingNet must comply with licence conditions on Quality of Service (QoS), which requires pay-TV services to be provided at reasonable quality that meets public expectations and is satisfactory to the MDA. MDA assessed that SingNet has not exercised due care and diligence when carrying out routine maintenance activities during the incident.
MDA thus finds SingNet to be in contravention of its QoS licence conditions, and has imposed a financial penalty of S$220,000. In determining the financial penalty, MDA took into consideration factors such as the service record of the licensee, the extent and duration of the disruption, and the compensation offered by the licensee to its subscribers.
This is the third time in two years that SingNet has been found in breach of its QoS licence conditions. It was fined S$80,000 and S$180,000 respectively for its past two service disruptions.
MDA notes that following the disruption on 15 May 2013, SingNet has provided compensation to affected Mio TV subscribers in the form of a free one-month preview of all its channels and/or gift vouchers.
Centurion: Makes Land Acquisition For The Development Of Worker Accommodation In Indonesia
13 Dec 2013 10:22
Centurion Corporation Limited has acquired a 7,220 square metre plot of land in Jakarta, Indonesia for the development of worker accommodation. This will be Centurion's maiden worker accommodation investment in Indonesia. The land and the ensuing worker accommodation asset will be developed, owned and operated by Centurion's wholly owned subsidiary, PT Westlite Accommodation Cibitung, which has just been incorporated in Indonesia. The total consideration paid for the land was approximately S$0.8 million and was funded by internal resources...
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