Parliament: No fraud involved in National Gallery’s $12.4m waivers and contract variations, says Grace Fu, Singapore News

No fraud was involved in the National Gallery Singapore’s waiver of contractual provisions, said Culture, Community and Youth Minister Grace Fu in Parliament on Monday (Aug 5). These waivers largely related to penalties on the contractor for the extra time taken to complete the development project. In all, the waivers and contract variations given to Takenaka-Singapore Piling Joint Venture totalled $12.4 million, which was flagged in the Auditor-General’s Office (AGO) report last month. This sum is not overpayment, Ms Fu said in her reply to Mr Png Eng Huat (Hougang), so…

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Funeral firm Fu Shou Yuan takes up Xi’s call for ‘shared future of mankind’, wants to service Belt and Road countries too

They make your clothes, your smartphones, your electronics and your cars, among other numerous items of daily use. And now a Chinese company wants to handle your funeral too.One of the latest companies to answer Chinese President Xi Jinping’s call to build a “shared future for mankind” is Fu Shou Yuan, the country’s biggest funeral services provider.“President Xi said it was a target for China to build ‘a community with a shared future for mankind’. We think the service by our company provides… Source link

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China is a ‘kung fu master’ and can deliver ‘deadly punch’ to US economy in trade war, former official says

Liu He, China’s Vice-Premier, waves while departing the Office of the US Trade Representative following a meeting with Robert Lighthizer, USTR, from right, and Steven Mnuchin, US Treasury Secretary, in Washington, DC, US, on Friday May 10, 2019. Photo: Bloomberg Source link

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