01 Jul '11, 9pm

Business Times article 'contained serious errors', says MND

SINGAPORE - The Ministry of National Development (MND) spoke out strongly yesterday against a Business Times (BT) article earlier this week on developers' profit margins for the Housing and Development Board's Design, Build and Sell Scheme (DBSS) projects. In a press statement last night, MND director (Housing) Han Kok Juan said the article published on Thursday "was highly irresponsible as it contained serious errors". Said Mr Han: "We are disappointed that The Business Times had not thought it fit to verify the facts. The general public rely on and expect responsible and accurate reporting from the mainstream media." He added: "It is unacceptable that BT had not exercised due diligence and professional journalism, which resulted in an erroneous and highly misleading report. These errors could have been easily prevented if BT had been responsible in checking the facts, mo...

Full article: http://www.todayonline.com/Singapore/EDC110702-0000305/Bu...

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