Thursday #sgroundup: Singapore voices concern over naming of Indonesian navy ship

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Singapore voices concern over naming of Indonesian navy ship

Singapore voiced concerns over Indonesia's reported plans to name a naval ship after marines who were executed for bombing an office complex in the city-state in the 1960s. (AFP Photo)
Singapore voiced concerns over Indonesia's reported plans to name a naval ship after marines who were executed for bombing an office complex in the city-state in the 1960s. (AFP Photo)

Singapore voiced concerns over Indonesia's reported plans to name a naval ship after marines who were executed for bombing an office complex in the city-state in the 1960s. Singapore's foreign ministry said in a statement issued late Wednesday that Foreign Minister K Shanmugam had spoken to his Indonesian counterpart Marty Natalegawa over the issue. It said that Shanmugam, who visited Jakarta this week, registered "Singapore's concerns over the naming of the navy ship and the impact this would have on the feelings of Singaporeans, especially the families of the victims" of the bomb attack for which the two Indonesian marines were executed.
http://sg.news.yahoo.com/singapore-voices-concern-over-naming-indonesian-navy-ship-051914755.html

COVs for resale flats fall to 4.5 year low

The median cash-over-valuation (COV) for HDB flats has dropped yet again to $3,000 in the month of January. (Getty Images)
The median cash-over-valuation (COV) for HDB flats has dropped yet again to $3,000 in the month of January. (Getty Images)

The median cash-over-valuation (COV) for HDB flats has dropped yet again to $3,000 in the month of January, according to fresh market data.
Previously, the median COV had fallen to $5,000 in December 2013.
January's figure is the lowest since similar levels were matched in June 2009 during the global financial crisis.
http://sg.news.yahoo.com/covs-resale-flats-fall-4-5-low-043834859--sector.html

First lighthouse to be built atop HDB block

A 25-storey HDB block in Marine Terrace will soon have a lighthouse on its roof to replace the one currently at Lagoon View condominium, media reports said. (Getty Images)
A 25-storey HDB block in Marine Terrace will soon have a lighthouse on its roof to replace the one currently at Lagoon View condominium, media reports said. (Getty Images)

A 25-storey HDB block in Marine Terrace will soon have a lighthouse on its roof to replace the one currently at Lagoon View condominium, media reports said.
With a clear view of the sea, it will be the first time that a lighthouse takes up residence at a HDB block. And with an unobstructed view of Batam Island, the choice of Block 3 seems like a strategic one, although no explanation for the move has been given.
http://sg.news.yahoo.com/first-lighthouse-built-atop-hdb-block-075412528--sector.html

As losses mount, Sony steps up restructuring with PCs pullout, TV spinoff

Sony Corp stepped up efforts to turn around its unprofitable electronics operations, quitting the personal computers business and splitting its TV division into a separate unit as it warned it expects steep losses this year. (Reuters photo)
Sony Corp stepped up efforts to turn around its unprofitable electronics operations, quitting the personal computers business and splitting its TV division into a separate unit as it warned it expects steep losses this year. (Reuters photo)

Sony Corp stepped up efforts to turn around its unprofitable electronics operations, quitting the personal computers business and splitting its TV division into a separate unit as it warned it expects steep losses this year.
The Japanese company said on Thursday the restructuring will cut 5,000 jobs and trim 100 billion yen ($988 million) a year from fixed costs in the longer term. Losses in the TV business have long dogged its efforts to compete with global consumer electronics giants like Apple Inc and Samsung Electronics Co.
http://sg.news.yahoo.com/losses-mount-sony-steps-restructuring-pcs-pullout-tv-073232864--sector.html

US shop owner in puppy-burning case draws protesters

Animal rights advocates held signs and cursed a Las Vegas pet shop owner as she arrived at court Wednesday to face criminal charges and accusations that she conspired with an arsonist to burn her store with 27 puppies inside. (AP Photo)
Animal rights advocates held signs and cursed a Las Vegas pet shop owner as she arrived at court Wednesday to face criminal charges and accusations that she conspired with an arsonist to burn her store with 27 puppies inside. (AP Photo)

Animal rights advocates held signs and cursed a Las Vegas pet shop owner as she arrived at court Wednesday to face criminal charges and accusations that she conspired with an arsonist to burn her store with 27 puppies inside.
Armed marshals ushered one protester out of the court after she confronted store owner Gloria Eun Hye Lee with angry words and called her despicable. The protester left the building voluntarily and wasn't charged with a crime.
http://sg.news.yahoo.com/hearing-puppy-shop-owner-draws-protesters-205426736.html