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Singapore imposes fine on SMRT following major MRT disruption

🦂 Singapore imposes fine on SMRT following major MRT disruption

Under Singapore's current regulations, rail operators can be fined up to 750,000 USD or 10% of annual fare revenue from the affected line—whichever is higher. SMRT reported earnings of 6.2 million SGD before interest and tax for the 2023/24 financial year from operating the Bukit Panjang LRT and four MRT lines.
APEC should work for WTO's better performance: Minister

🐻 APEC should work for WTO's better performance: Minister

APEC member economies should prioritise discussing reform of the World Trade Organisation (WTO) to improve its operational efficiency, stated Vietnamese Minister of Industry and Trade Nguyen Hong Dien at the 29th Meeting of APEC Ministers Responsible for Trade (MRT) in Hanoi on May 28.
Thailand to host APEC trade ministers’ meeting this month

🌞 Thailand to host APEC trade ministers’ meeting this month

Thailand will host a meeting of the Asia-Pacific Economic Cooperation (APEC)’s Ministers Responsible for Trade (MRT) from May 19 to 22 to push for the digital economy and post-pandemic economic revival among several goals, a senior Thai Commerce Ministry official said on May 5.
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