The Ministry of Transport has announced that Mr Lee Hsien Yang will relinquish his post as Chairman of Civil Aviation Authority of Singapore (CAAS) on 30 June 2018 after helming the post for nine years. Mr Lee will be superseded by Mr Edmund Cheng Wai Wing with effect from 1 July 2018.  Mr Edmund Cheng is the Deputy Chairman of Wing Tai …

Leading subscription video-on-demand services across ASEAN, including ASTRO, dimsum,Fox+, HOOQ, iflix, Netflix, tonton, TVB and The Walt Disney Company (Southeast Asia) have come together to announce the creation of a self-regulatory Subscription Video-on-Demand. Industry Content Code (hereafter referred to as the “Code”) to safeguard consumer interests. The Code sets out principles to ensure that content offered on these participating platforms …

by Piyali Banergee Malaysia’s newly elected prime minister once said that illegal sand miners were “digging up Malaysia and giving her to other people.” During his previous term in office, he tried to fix what he viewed as an aggressive assault on Malaysia’s heritage: the selling of its sand. To put a stop to it, Mahathir imposed a sand export ban …

by ValuePenguin Have you thought about going green to help save the environment but have been worried about the extra cost involved with more expensive appliances? But, what if energy efficient appliances can actually help you save money in the long run? For the last few years, “sustainability” and “environment friendly” have been some of the hottest buzzwords around the world. …

by ValuePenguin Travel insurance is more than just providing coverage for flight delays and lost baggage. In fact, most life insurance policies offer some life-saving benefits that can cover you in the most unpredictable situations. Travel insurance can seem like a necessary evil, especially when the cost of a vacation for an entire family can cost up into the thousands. However, …

A 35-year-old male Malaysian driver was caught smuggling 6,800 sachets of chewing tobacco hidden in modified compartments of a van. In a Facebook post on Wednesday (20 June), Immigration and Checkpoints Authority (ICA) wrote that a vigilant ICA officer noticed a man appearing nervous and avoiding eye contact with our officers when he arrived at Woodlands checkpoint on 19 June. Sensing something amiss, the …

Thanks to financial blogger Leong Sze Hian, we now know that founding minister and then-Deputy Prime Minister Goh Keng Swee’s annual salary was about $104,000 ($8,000 x 13 months with the 1 month bonus) in 1973. Note that this was after taking into account that Dr Goh’s salary was substantially increased from $4,500 a month to $8,000 a month in …

by ValuePenguin Singapore has some of the best healthcare in the world. However, it comes at a price with several major exclusions. Read on to find out what your supplemental ISP health coverage will not cover. With 3 in 4 Singaporeans covered not only by MediShield Life but also by supplemental insurance, it may be hard to imagine that there are …

Exactly 31 years ago, six people were arrested by the People’s Action Party government in what was the final sweep of the ‘Operation Spectrum’. About a month before that, sixteen people were arrested and detained without trial under the Internal Security Act. Officially, the PAP government claimed that these detainees were trying to “subvert the existing system of government and …

by ValuePenguin With a little effort, your family could easily reduce your monthly bills by a meaningful margin. Learn how to spend less on your monthly “fixed” costs so you can afford more of what you really want. An average household in Singapore spends roughly S$4,699 per month, according to the household expenditure survey conducted by the government in 2013. If you …