NetLink Trust says most cables restored but admits some telcos still experiencing difficulties

NetLink Trust says most cables restored but admits some telcos still experiencing difficulties

By: 
PC Lee
15/11/18, 07:17 pm

SINGAPORE (Nov 15): NetLink Trust says in an update at 7.02pm on Friday that some telecoms service providers are still experiencing service difficulties although most of the damaged cables have been restored.

“As a result, the estimated time of full restoration has been revised to early tomorrow morning (November 16, 2018),” says NetLink Trust who adds that restoration works are ongoing.

The service disruption which started at around 2.50pm Wednesday was caused by a contractor when he severed a number of fibre cables while performing construction works along Tampines Avenue 9 for a third party.

About 10,000 users in the eastern parts of Singapore -- Pasir Ris, Tampines, Changi and Loyang -- were affected by the disruption to fibre broadband services, said NetLink Trust in a statement later that day.  

NetLink Trust says it takes a serious view of such disruption in services caused by errant third parties and will take all necessary actions against the errant contractor.

 

Sasseur REIT rides on China's love for luxury goods

SINGAPORE (Apr 23): Following a site visit to Sasseur REIT’s outlet malls – Chongqing mall and Hefei mall – during their annual Spring sale, the REIT has attracted the attention of Phillip Capital. In an unrated report on Monday, analyst Natalie Ong says, “Sasseur’s outlet malls not only offer large discounts on branded goods targeted at the middle class, brand-conscious consumer, but also incorporate numerous activities and entertainment programmes to engage different age group.” According to Ong, luxury retail demand is expected to grow in China. Globally, Chinese consumers....
Read More >>

Don't demonise China but neither be its vassal state: Ho Kwon Ping

SINGAPORE (Apr 23): The current United States and China trade tensions, businessman Ho Kwon Ping thinks, is not about a trade war but about a paradigm shift towards China becoming a major global player who does not want to play by Western rules. Ho says: “The current US-China tensions are not only not about the trade war, it is not even about geopolitical or geo-economic rivalry. It is about an entire paradigm shift in civilisational relationships which has not happened for the last 200 to 300 years ever since the ascendancy of Western civilisation to become the dominant civilisation in t....
Read More >>

UOB KayHian remains positive as SPH turns to student accommodation to arrest flagging media business

SINGAPORE (Apr 23): Despite continued weakness in its core media business, UOB Kay Hian is staying positive on Singapore Press Holdings (SPH) on the back of its foray into the student accommodation segment. SPH last week announced it has acquired a portfolio of three purpose-built student accommodation (PBSA) assets in the UK for £134 million ($237 million). See: SPH expands UK student dorm portfolio with $237 mil acquisition The assets span three cities in the UK – Southampton, Sheffield and Leads – and has a total capacity of 1,243 beds, bringing SPH’s total portfolio to over....
Read More >>