Govt makes a cool $1B from Additional Buyer’s Stamp Duty
The Govt introduced the Additional Buyer’s Stamp Duty (ABSD) in Dec 2011 in its attempt to cool the property market. ABSD was further increased in Jan this year in the Govt's further attempt to cool the market when its earlier measures were not working. ABSD is payable on the purchase or acquisition of private residential...
AIM deal: Key findings of MND Town Council Review Team
Dr Teo Ho Pin, coordinating chairman of 14 PAP TCs The National Development Ministry (MND) Town Council Review Team (Team) that reviewed the controversial sale of Town Council Management System (TCMS) software by PAP town councils (TCs) to Action Information Management (AIM), a PAP-owned $2-company, has found that the transaction...
MND: AIM deal is alright
Dr Teo Ho Pin, coordinating chairman of 14 PAP TCs The National Development Ministry (MND) Town Council Review Team (Team) that reviewed the controversial sale of Town Council Management System (TCMS) software by PAP town councils (TCs) to Action Information Management (AIM), a PAP-owned $2-company, has found that the transaction...
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