2019 Award Winners
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2019 award winners Eighteen awards were presented to celebrate and honour the best works of journalists across newsrooms at the English/Malay/Tamil Media Group’s Annual Awards yesterday. Here are the award winners. YOUNG JOURNALIST Tee Zhuo STORY OF Senior Health Correspondent Salma Khalik for her story JOURNALIST Joyce Lim OF THE YEAR The Straits Times THE YEAR “The puzzling case of SMC’s judgment on a doctor who OF THE YEAR The Straits Times was ned $100,000” (The Straits Times, Feb 7, 2019) EXCELLENCE IN JOURNALISM Claire Huang, Elizabeth Law, Chong Celestino Gulapa D Rosario for his Rodolfo Carlos Pazos, Alyssa Karla Anita Gabriel for her story “It’s 1 Jun Liang, Trixia Carungcong, Spe 3 infographics “20 on Rafes” 7 Mungcal, Lee Pei Jie, Chee Wei Xian, 13 switch and save as SP powers up Chen, Lee Pei Jie, Chee Wei Xian, Lim (The Straits Times, Dec 21, 2019) Tin May Linn, Thong Yong Jun, Denise S$1.30 householdsA SINGAPORE PRESS HOLDINGS PUBLICATION | businesstimes.c om.swithg | fb.com/thebusinesstimes cheaper | @BusinessTimes | CO REGN NO 198402868 Eoption” | MCI (P) 048/12/2018 Tuesday, October 29, 2019 Yaohui, Philip Cheong, Rodolfo Pazos, Chong, Melody Zaccheus, Tee Zhuo, (The Business Times, Oct 29, 2019) Tin May Linn & Jamie Koh for their Benjamin Seetor, Lim Yaohui, Samuel D6 life home and garden | THE STRAITS TIMES | SATURDAY, DECEMBER 21, 2019 | MARKETS Monday Change cross media stories & video: RAFFLES PITCHER PLANT Ruby, Azim Azman, Yeung E-von, STI Closed A lover of the natural world, 11 KL COMP Closed Rafes employed zoologists and It’s switch and save as SP powers up botanists to discover exotic NIKKEI 225 22,867.27 +67.46 species found in the region. Many of their ndings are named after HANG SENG 26,891.26 +223.87 “HK tense over proposed changes to him. The Rafes pitcher plant is Jamie Koh, Kimberly Jow, Rachel SHENZHEN B 917.92 +7.93 households with cheaper option • DOW (11am EDT) 27,094.68 +136.62 TT DAILY Its wholesale rates are not only the lowest based on prevailing market prices, but also allow consumers to pocket up to some 40% savings 1 11 DIGEST termined by market forces. While market via SP at no mark-up, and with Geneco and iSwitch, and even the extradition law” Quek & Zeke Tan for their interactive Alyssa Karla Mungcal, Goh Yan Han, they are currently the lowest price no lock-in period,” said Mr Chuah. highest rated ones as per EMA’s re- By Anita Gabriel out there, they tend to fluctuate due In a comparison chart provided on cent survey on customer satisfaction Alibaba-owned Lazada now [email protected] to demand and supply of real-time SP Utilities’ app: based on the national – Ohm Energy, Sunseap Energy and has over 30 fulfilment @AnitaGabrielBT electricity consumption across Singa- average usage (a four-room HDB flat TuasPower. centres across 17 cities in Singapore pore,” SP Services chief executive that consumes 376 kWh, or S$94.26 a Mr Chuah declined to provide de- South-east Asia, with its tails on how many households have 12 SP GROUP’s market share may have Chuah Kee Heng told The Business month), households are able to cut graphics “Inside The Istana: An in-house last-mile deliveries Times. their monthly power bills by some 38 so far signed up for SP’s wholesale “Police move to retake HK LegCo 20 contracted since Singapore opened Lee Sujin, Rebecca Pazos & Yu now able to reach 70 per cent package, but BT understands that “a • on 10 the electricity market for 1.4 million SP’s wholesale electricity price per cent with SP’s WEP product. of the region’s population. few thousands” have hopped on to households to pick among more than (WEP) product is separate from its reg- On the other hand, the regulated this non-standard price plan that (un- TOP STORIES / 4 ten retailers but the national utility ulated tariff package – the default op- tariff offered by SP – this rate reflects like the variety of plans offered by re- should not be off the table as a tion for Singapore households that the costs of building and operating tailers) has no contract expiry date Urban Commons, sponsor cheap(est) option for the thrifty. haven’t switched from the incumbent the power plants and maintaining the 2 and is not limited to six, 12 or 24 immersive guide to the President’s of Eagle Hospitality Trust, is to any of the retailers under the Open power grid – has zero savings for con- seized by protesters” Sheng Sin for their digital package In fact, SP has been powering up 13 months. responsible for all the repair Electricity Market (OEM). sumers and is unsurprisingly the Raffles some households at wholesale rates This means consumers are not sub- work EHT’s Queen Mary hotel that are not only the lowest based on This WEP option was made avail- most pricey option. requires, and these expenses ject to premature termination prevailing market prices, but also al- able to households when their re- The next best thing (in terms of pri- charges. will not come out of EHT’s low consumers to pocket up to some spective zones opened up following cing) is offered by Union Power’s Notwithstanding SP’s wholesale op- pocket, the trust clarified on 40 per cent savings. the soft launch of the OEM in Jurong fixed 12-month plan that came in tion, four out of 10 households have ofcial residence” Monday. TOP STORIES / 4 “Lam says extradition Bill is ‘dead’, This is way more than the 20-30 in April 2018. nearly 30 per cent cheaper. “On a little street in Singapore... A switched over to the retailers, accord- SP Services chief executive Chuah • per cent savings that customers who “Consumers can choose to remain In short, SP’s wholesale package Kee Heng says consumers can stay ing to a recent update by regulator En- Margins for Singapore’s have switched over to any of the 12 with SP Group at the regulated tariff, with the regulated tariff set by the compares favourably when stacked ergy MarketAuthority (EMA). three local banks are likely electricity retailers are enjoying. that is set by the EMA, or purchase dir- EMA, or buy directly from the up against all OEM retailers including to be squeezed in the third “Wholesale electricity prices are de- ectly from the wholesale electricity wholesale electricity market via SP. market leaders Keppel Electric, Continued on Page 2 Link: http://str.sg/istana150tour quarter as the Singapore but impasse continues” road map of history, culture and Interbank Offered Rate tracks south in line with the Fed’s rate movement. COMPANIES & MARKETS / 5 As Charles Schwab exits Singapore, others take its place 15 HSBC Holdings dropped its broker will be given the go-ahead to marketing and word-of-mouth. While ing to the geographies of the various “A city divided, a mother’s anguish” society” Link: http://str.sg/sgstreets 2020 profit target, reported (The Straits Times Online, commence operations in Singapore unable to disclose the size of its Singa- markets. • a sharp fall in earnings and from January 2020. With the race toward zero commis- “We first looked 5 By Navin Sregantan pore clientele, he said they tend to “be warned of a costly “The reality is that Singapore is more sophisticated and/or active sion trading in the US heating up, In- 16 [email protected] into getting a restructuring, as interim chief already an important global financial traders”. teractive Brokers this month @NavinSreBT launched IBKR Lite, where investors licence in executive Noel Quinn seeks to centre,” Mr Friedland said. Its Singapore team currently has tackle its problems head-on. Singapore can engage in unlimited, commis- Founded in 1978, Interactive four staff, headed by Kevin Tan Kim Singapore more Link:http://str.sg/hkfamily sion-free trading in US exchange-lis- (The Straits Times Online, COMPANIES & MARKETS / 7 SINGAPORE remains an attractive des- Brokers is the US’ largest electronic Leng as chief executive officer but Oct 27, 2019) ted stocks and ETFs. Trading in other than 10 years ago tination for new brokerage entrants, trading platform based on the num- plans are in place to add a client ser- securities are charged at a fixed rate. Chinese investors snapped with two such outfits setting up here ber of daily average revenue trades. vice team, which Mr Friedland said Unlike IBKR PRO, trades placed on but raised our up every blockchain-related even as US-focused discount broker Having first started operations in “could double numbers quickly”. IBKR Lite are routed through market priority for doing stock in sight after President Charles Schwab announced that it Hong Kong 25 years ago, it is no With the brokerage’s flagship makers who pay Interactive Brokers so over the past “Campuses the new battleground in Xi Jinping said Beijing wantsGrace would cease operations inLeong the city- stranger to Asia. In fact, the forbrokerage product her IBKR PRO, clients – bothstories: retail for the order flow, instead of using its to speed up development of state by year-end. first set its sights on Singapore over a and institutional – are able to trade se- proprietary smart order router. IBKR five years.” June 29, 2019) the technology. Interactive Brokers – known for its decade back. curities including stocks, exchange- Lite users also face less competitive 6 TECHNOLOGY / 12 low-cost trading platform – received Mr Friedland recalled: “We first traded funds (ETFs), contract for dif- interest rates on idle cash balances Interactive Brokers Asia-Pacific managing director an approval-in-principle for a Monet- looked into getting a licence in Singa- ference derivatives (CFDs), among and for margin loans than IBKR PRO users.