Archive for the ‘Policies’ Category
Reverse mortgage: Other countries also low take-up?
But he also warned that such plans do not come without risks. For example, because a reverse mortgage does not require periodic cash repayments, the loan balance will grow with interest. We refer to the article “Parliament: Take-up rate of reverse mortgages in other countries “quite low“” (Straits Times, Oct 8). Countries...
It’s a dog’s life after all
PRC scholar Sun Xu: 'There are more dogs than humans in Singapore.' Businessman Lim Soo Seng was fined the maximum S$10,000 for “unreasonably omitting” to bring his female cross-breed dog to the vet for treatment. Under the present Animals and Birds Act, anyone convicted of animal cruelty can be fined up to S$10,000 or jailed...
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