Daily Archives: 2018-10-23

PM Lee Hsien Loong to meet Dr Mahathir Mohamad in Putrajaya in November

Prime Minister Lee Hsien Loong is scheduled to meet Malaysian Prime Minister Tun Dr Mahathir Mohamad in the latter country’s administrative capital of Putrajaya next month at a leaders’ retreat, reported The Straits Times. The visit is expected to take place around 10 days after Dr Mahathir’s visit to Singapore for the ASEAN Summit, which will be held over a …

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14-member committee convened to prepare for Singapore’s nomination of hawker culture for UNESCO Representative List

Amid the furore surrounding social enterprise hawker centres recently, and following Prime Minister Lee Hsien Loong’s announcement to nominate Singapore’s hawker culture as a part of the UNESCO Representative List of the Intangible Cultural Heritage of Humanity, a 14-member committee has been set up to provide recommendations and guidance for that purpose. PM Lee said in his National Day Rally …

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Easier and more secure logins with the new SingPass Mobile app

All SingPass users can download the SingPass Mobile app from the Google Play or App Store, in order for users to be able to log in using their fingerprint, facial recognition (for selected smartphones) or a 6-digit passcode with the new application starting from Monday (22 October), announced GovTech in a press release. “They no longer need to enter their passwords …

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HDB: We lose $1.7 billion in last FY to build and upgrade your flats

In its annual report released yesterday (22 Oct), the HDB said it incurred an overall deficit of $1.717 billion in the financial year of 2017/2018, up from $1.189 billion in the previous financial year. The major deficit came from an increase in the deficit for HDB’s home ownership programme, from $861 million previously to $1.383 billion in the last financial …

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Four ways to avoid losing money as a landlord

by ValueChampion Being a landlord can be a lucrative side business. However, if you’re not careful, renting out your investment property may be much more trouble than its worth. Renovations, accidental structural damage and noncompliant tenants are among the top fears of landlords. With the number of HDB rental applicants increasing 55% between 2011 and 2017, we can surmise that more …

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Three ways to boost your HDB flat’s resale value

by ValueChampion With HDB flat resale prices stagnate, we looked into ways that homeowners could boost their properties value based on different budgets. In recent months, HDB flat resale values have remained sluggish. Whether this is caused by fears of 99-year leases ending or by cooling measures, it is not a great sign for homeowners. Because these homeowners can’t affect the …

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Travelling for Deepavali? Where to go and how to save while celebrating

by ValueChampion Deepavali is just a couple of weeks away. For those who want to explore how the Festival of Lights is celebrated worldwide, we compiled a list of some of the best destinations to visit. Deepavali (Diwali) is the second to last public holiday left this year, a stark reminder that 2018 has somehow ended as fast as it began. …

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PM Lee: Don’t flaunt wealth and GST to increase after 2021

At a post-National Day Rally dialogue at Ci Yuan Community Club last Sunday (14 Oct), PM Lee told the grassroots leaders that Singapore must not allow social stratification to harden. “The way you dress, the way you talk, what you eat, and where you go on holiday. You compare notes then you feel, I show you a little bit (that) …

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