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26 February – Britain's oldest merchant bank, Barings Bank, collapsed due to the trading activities of Briton Nick Leeson, who incurred losses of $1.4 billion by speculating on the Singapore International Monetary Exchange, primarily through futures contracts.[1] He was arrested on 23 November after fleeing Singapore for 272 days. Leeson subsequently pleaded guilty to two counts of forgery and eight counts of cheating, and was sentenced to six and a half years in prison.[2]
8 March – Briton John Martin Scripps murdered South African Gerard George Lowe at the River View Hotel, dismembered his body, and disposed of the remains in the Singapore River. He was found guilty of murder and hanged on 19 April 1996.[5]
17 March – Flor Contemplacion, a Filipina domestic worker, was hanged for the murder of fellow worker Delia Maga and her three-year-old son, Nicholas Huang which she committed on 4 May 1991.[6][7]
2 June – The National Day Ceremony song "My People My Home" was unveiled and announced for use in the 1995 National Day Parade. Since then, the NDP has been scheduled at Padang every five years.
12 June – Dongli 88.3FM (present-day 883Jia) was launched as a bilingual radio station by SAFRA.[11]
23 June – Singapore Cable Vision was officially launched as a cable television provider, offering Singaporeans with more entertainment options. The whole cable system was completed in 1998; initially, coverage was limited to Tampines.[12]
CityCab began operations, formed through the merger of three taxi companies: Singapore Airport Bus Service Ltd (SABS), Singapore Bus Service Taxi Pte Ltd (SBS Taxi Pte Ltd) and Singapore Commuter Pte Ltd.[15]
The West Coast Barter Trade Centre closed due to declining use.[16]
6 August – The UOB Plaza was officially opened. It joins the OUB Centre (now One Raffles Place) as one of Singapore's tallest buildings at 280 metres, until Guoco Tower's completion in 2016, which stands 290 metres.[18]
20 August – The Selective En bloc Redevelopment Scheme (SERS) was announced to unlock economic value for residential buildings.[19] On the same day, the Executive Condominium scheme was introduced to meet Singaporeans' aspirations for condominium living, which may be too expensive for some.[20]
22 August – Sites located at Boon Tiong Road and Tiong Bahru Road were selected for the first SERS project.[21]
↑ Ministry of Information and the Arts, Singapore (1995). Flor Contemplacion: The Facts of the Case. Singapore: Ministry of Information and the Arts, Singapore. Retrieved 24 December 2017.
↑ Sue-Ann Chia (11 March 2010), "Know the past to tackle the future", The Straits Times, p.B14. The first ever Act since 1965 originating from a private member's bill was the Roman Catholic Archbishop Bill introduced by P. Selvadurai and Chiang Hai Ding in 1974 and passed the following year as the Roman Catholic Archbishop Act (now Cap.375,1985Rev. Ed.). This was a private act, not a public one: Chia, ibid. See also Walter Woon (28 June 1994), "Honor thy father and mother – or else", The Wall Street Journal, p.A18; "Govt gives backing to Parents Bill", The Straits Times, 27 July 1994; Walter Woon (11 August 1994), "Family matters", Far Eastern Economic Review, p.30; "Parents maintenance bill passed", The Straits Times, 3 November 1995.
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