SeaPRwire

MRT delay on North-South Line during peak hour due to platform door fault

aseanpr
2 minutes

SINGAPORE - Trains heading towards Marina South Pier on the North-South MRT Line were delayed by a screen door fault during peak hour on Friday morning (March 19). At 8.28am, operator SMRT told commuters on Twitter to add 10 minutes of travel time from Ang Mo Kio to Braddell due to a platform screen door fault. Mr Arjun Nair was on his way to work from Khatib MRT station to Tanjong Pagar MRT station when an automated announcement informed him around 8.20am that his train would be delayed because of the fault at Bishan. "The train slowed down at Yio Chu Kang station, where it started to jerk as it moved," said the 26-year-old health and safety officer. He alighted at Ang Mo Kio MRT station and waited for close to 20 minutes. He watched two "packed" trains go by before boarding one. "A lot of people were looking at the time," he added. "Some tried to jump the queue and board the train." Other commuters said on Twitter that the delays were longer than 10 minutes, with several lamenting that they were late for work. Twitter user yzfanggg said at 8.44am: "It took me 30 minutes travel time from AMK to Bishan and I'm late for work, it would be great if y'all don't lie about the travel tim...

ACN Newswire
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Trintech Continues to Innovate Its Leading Financial Solutions to Meet the Needs of Large Enterprises Across the Globe

indie
4 minutes

Dallas, TX, Mar 19, 2021 - (ACN Newswire via SEAPRWire.com) - Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced several key product enhancements to help large enterprises reduce the time spent on tasks and drive greater efficiencies in their month-end workflows."As our customers continue to focus on agility and sustainability during this time, the enhancements we have made in our solutions deliver greater control, enhanced visibility, increased efficiencies and certainty of accurate financial reporting that our large enterprise customers demand," said Michael Ross, Chief Product Officer at Trintech.With the latest release of Trintech's Cadency Platform, finance and accounting professionals can elevate their financial automation with highly configurable and transparent workflows, integrated connector enhancements, and extended scalability and automation with new Smart Bots and ERP Bot enhancements. Leading Enterprises will benefit from the following:- Greater efficiencies gained in the reconciliation process- Additional automation capabilities to reduce the time to close- Enhanced integration between Reco...

SeaPRwire
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Morning Briefing: Top stories from The Straits Times on Feb 27

aseanpr
2 minutes

Good morning! Here are our top stories to kick-start your Saturday, Feb 27. S'pore must press on with plans for next growth phase: DPM Heng Doing so would enable the economy to provide jobs in new areas even as it restructures, he said. READ MORE HERE Feeding wildlife a major reason for spike in wild animal numbers: NParks When humans feed them, wild animals spend less time looking for food and have more time to mate. READ MORE HERE S'pore's many shades of green: How should green spaces outside of protected areas be valued? The ecological value of green spaces is a factor in balancing development and conservation, Minister Desmond Lee tells Insight. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Malaysia politics, one year on: Will a general election resolve the impasse? On Feb 24 last year, Mahathir stunned Malaysia by resigning as prime minister. Here's a look at the fractured political landscape one year on. READ MORE HERE CDL's 'game-changing' China deal turns out to be more difficult than expected Shoring up shareholder confidence is critical, says senior business correspondent Grace Leong. READ MORE HERE Saudi crown prince approv...

SeaPRwire
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When will US interest rates rise? Fed chief says ‘no time soon’

elean
3 minutes

WASHINGTON (NYTIMES) - With the incoming administration of US President-Elect Joe Biden pushing for more economic stimulus and with multiple coronavirus vaccines already approved, some investors have been wondering whether the Federal Reserve might soon start to ease off its support for the economy. Jerome Powell, the central bank's chairman, made it clear on Thursday (Jan 14) that the US central bank would be cautious in doing so - and that action was anything but imminent. During a webcast question-and-answer session, Mr Powell said it would take time for the US economy to recover from the pain of the pandemic era. "When the time comes to raise interest rates, we will certainly do that," he said. "And that time, by the way, is no time soon." Currently, dire short-term conditions - surging virus deaths, high unemployment, and partial state and local economic lockdowns - contrast sharply with the longer-term outlook. Economists think that the economy might come roaring back later in 2021 as vaccines allow normal life to resume and consumers spend money they saved during the pandemic. That split has led some investors to worry that the Fed might speed up its plans to reduce the pace...

SeaPRwire
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It always pays to take sabbaticals and vacations

elean
5 minutes

(BLOOMBERG) - No sooner had Citigroup announced its new sabbatical policy - 12 weeks at 25 per cent pay for employees who'd been at the bank at least five years - than the debate erupted: In the highly competitive world of finance, would it be a career killer to take advantage of that kind of deal? I'm not surprised some people asked. In 2018, the average American full-time employee earned 23 paid days off a year, but used only 17 of them, according to a study funded by the non-profit US Travel Association (USTA) using data from the Bureau of Labour Statistics and Bureau of Economic Analysis. That's six days of paid time off (PTO) left on the table - the equivalent of handing a week's salary back to your employer. When you consider that the United States has the rich world's stingiest vacation policies, this becomes even more depressing. Other forms of paid leave - like family leave - also see a significant number of people leaving time on the table. Especially men. Clearly, Americans think they can't afford to take time off, even when their firms are paying them to take it. But in many years of looking, I've seen no data to suggest such fears are justified. Some research on Americ...

SeaPRwire
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Share-A-Textbook returns for 38th year to help families in need in Singapore

aseanpr
2 minutes

SINGAPORE - An initiative making educational resources such as textbooks and assessment books more accessible to needy families is returning for the 38th year, this time to help those impacted by the Covid-19 pandemic as well. The Share-A-Textbook scheme by FairPrice has over the years collected, redistributed and recycled over 5.8 million textbooks. As part of its safe management measures, there will an extended distribution period this year and families will have to book time slots for the collection of textbooks. Noting how the pandemic has disrupted the economy and further impacted the less fortunate, FairPrice group chief executive Seah Kian Peng on Thursday (Oct 29) said: "Through this initiative, we hope to create a positive social impact by allowing students from less privileged background gain access to resources for their educational needs." FairPrice said that it will work with social service organisations and Community Development Councils to identify the students from low-income families and those impacted by the crisis. They can collect the textbooks at Our Tampines Hub between Dec 13 and 16. Families can start booking a time for collection from Nov 27, by scanning th...