Singapore’s MyRepublic plans to undercut rivals with low-cost data

first_img Related Singapore minister pushes for open data exchange Singapore’s mobile hopeful MyRepublic is putting the pressure on the country’s three established mobile players, with a PR blitz that is likely to start a price war long before it even bids for the fourth mobile licence.MyRepublic announced yesterday it will introduce unlimited data tariffs for SGD80 (about $58) a month if it wins the fourth licence as well as offer 2GB mobile broadband plans for just SGD8 per month — significantly lower than similar plans from rival Singtel (SGD20). The other operators don’t offer unlimited data plans, but 12GB plans are priced at more than SGD100 (StarHub and M1 have 3GB plans for SGD21.45 and SGD30 respectively, the Straits Times said).Just hours after MyRepublic’s announcement, Singtel launched its “add-on DataX2”, which allows postpaid customers to double their mobile data for a flat fee. Starting today customers can double their mobile data when they sign up or re-contract for two years on one of Singtel’s combo mobile plans. For example, a customer on the Combo 3 plan, paying SGD62.90 a month for 3GB of data, can pay SGD5.90 a month to double the data allowance to 6GB.M1 today announced similar plans – its “Upsize Data” bundles – which give customers additional data for SGD5.90 a month. Its available for new and recontracting customers who wish to boost their data bundles by up to 12GB, it said.MyRepublic has long expressed interest in bidding for the country’s fourth mobile licence later this year. Singapore’s Info-Communications Development Authority (IDA) last month released a detailed framework for its previously announced spectrum allocation, which Fitch Ratings says will ease the path for the entry of a fourth mobile operator and intensify competition.MyRepublic said last week that its lower cost base will enable it to start small and still be profitable within three years. The ISP is targeting 250,000 customers in its first year and 700,000 users, or a 9 per cent share, within three years.The mobile newcomer will also offer its broadband subscribers 2GB data plans for just SGD6 if they sign up by 30 September. Additional data charges will be SGD8 per GB. Asia AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 10 MAR 2016 HomeAsiaNews Singapore’s MyRepublic plans to undercut rivals with low-cost data Singapore suspends MVNO Zero Mobile licence Joseph Waring center_img Singapore unveils digital initiatives to prep for 5G Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more Author Tags Previous ArticleUnionpay aiming for contactless expansion abroadNext ArticleSoftBank, Microsoft partner on cloud-based robotics fourth mobile licenceMyRepublicprice warSingaporelast_img read more

Economic Panel Confirms Recession Longest Since World War II

first_imgWASHINGTON – The longest recession the country has endured since World War II ended in June 2009, according to a group that dates the beginning and end of recessions.The National Bureau of Economic Research, a panel of academic economists based in Cambridge, Mass., says the recession lasted 18 months. It started in December 2007 and ended in June 2009. Previously the longest postwar downturns were those in 1973-1975 and in 1981-1982. Both of those lasted 16 months.The decision makes official what many economists have believed for some time, that the recession ended in the summer of 2009. The economy started growing again in the July-to-September quarter of 2009, after a record four straight quarters of declines. Thus, the April-to-June quarter of 2009, marked the last quarter when the economy was shrinking. At that time, it contracted just 0.7 percent, after suffering through much deeper declines. That factored into the NBER’s decision to pinpoint the end of the recession in June.Any future downturn in the economy would now mark the start of a new recession, not the continuation of the December 2007 recession, NBER said. That’s important because if the economy starts shrinking again, it could mark the onset of a “double-dip” recession. For many economists, the last time that happened was in 1981-82.The NBER normally takes its time in declaring a recession has started or ended.For instance, the NBER announced in December 2008 that the recession had actually started one year earlier, in December 2007.Similarly, it declared in July 2003 that the 2001 recession was over. It actually ended 20 months earlier, in November 2001.Its determination is of interest to economic historians — and political leaders. Recessions that occur on their watch pose political risks.In President George W. Bush’s eight years in office, the United States fell into two recessions. The first started in March 2001 and ended that November. The second one started in December 2007.NBER’s decision means little to ordinary Americans now muddling through a sluggish economic recovery and a weak jobs market. Unemployment is 9.6 percent and has been stuck at high levels since the recession ended. Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. Emaillast_img read more

MoJ asks for feedback on digital issues

first_imgSolicitors are being asked to report problems they encounter using digital devices such as smartphones in the criminal justice system in the run-up to the introduction of ‘paperless’ courts.The Legal Aid Agency has published guidance on how solicitors should respond if they are prevented from taking laptops, tablets or mobile phones into areas such as custody suites.The Ministry of Justice said the guidance was issued in response to requests from practitioner groups. Jonathan Black, president of the London Criminal Courts Solicitors’ Association, said that solicitors had met ‘significant obstacles’ in using devices such as laptops with built-in webcams. Access to power points in court has also been a problem.‘The prison service has largely ignored the guidance and we have lobbied to ensure the policy is communicated,’ Black said. ‘It is time that they understood that we are a profession bound by codes of conduct, and a key component to providing access to justice is to enable us to prepare our clients’ cases.’Black had heard no reports of legal visitors using electronic devices for inappropriate purposes in prison establishments.He said solicitors on duty should not be deprived of their phones, ‘as they will inevitably not be able to accept cases or carry out other work while being kept waiting (as they regularly are) by police’.He added: ‘It must be made clear to staff in the court cells that the electronic legal aid form can be completed on a mobile device and, therefore, as long as it is in “airplane mode” during the course of the visit, there is no reason to obstruct their use or require that lawyers surrender them.’Guidance states that criminal defence practitioners are allowed to bring IT equipment into court that is necessary to consult with clients. Mobile phones can be used ‘in the wider courthouse’ but must be switched off and out of sight in the courtroom itself.Solicitors are asked to notify problems to the Criminal Justice System efficiency programme ([email protected]).Mobile phones and laptops can be taken into police custody suites, but may have to be surrendered to the custody officer if they believe it necessary to prevent ‘unauthorised communications’. Problems should be put in writing and sent to the local chief constable.last_img read more

Simons’ Memorial day of sports set for Sunday

first_imgBy Elroy StephneyTHE second annual Simons’ Memorial Day of Sports will be held on Sunday, July 1st at the Zorg ground on the Essequibo Coast.Among the activities planned is a 10/10 Soft-ball Competition featuring Zorg S.C; Reliance Hustlers; Invaders Masters and defending champions Wild Oats.There will also be a female competition as well, with Capoey Junior and Senior teams; Zorg S.C and Uprising Youths, taking the field.Meanwhile, during the evening there will be a flood-light street ball kickout with players engaging in a 7 –a- Side football tournament. The teams participating will be Barca ‘7’, Simon’s ‘7’, Reliance Hustlers and Zorg S.C.The activities have been planned by the Simon’s family in tribute to the late Daniel and Lucille Simon; Leyland Simon; Cleveland Simon; Carlton Simon; Elvis Simon and Stephon Simon; all of whom resided in the village of Zorg and were ardent sports fans.“This annual affair is to pay homage to our family members in a grand way, as we celebrate their life and in the process seek to promote harmony within the society,” remarked Trevis Simon who is the coordinator of the day’s events.He further added that the fallen stalwarts were strong advocates of team building and discipline which they demonstrated through the participation of sports; hence it is a fitting way of upholding their rich legacy.The solemn, though colourful event, will be preceded by a minute’s silence and will be attended by Region 2 Chairman Devanand Ramdatt; Deputy Regional Executive Officer Roopkumar Persaud and Essequibo’s Senior Coach Forbes Daniels.Among the participating cricketers will be former National T20 all-rounder Ramesh Narine; former national youth players Vijay Surujpaul, Rovendra Parasram and Beesham Seepersaud, as well as former Essequibo senior Inter-County captain Dinesh Joseph, Latchmikhant Narine and Narendra Mandolall.The Simon’s family is the sponsor with over $110,000 in prizes, along with trophies which will be presented to the winners in the various categories..The family is also extending an invitation to the public to witness and participate in what is expected to be an enthralling day of sports.last_img read more