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Archive for the ‘Letters’ Category
HDB should curb rising rentals in its commerical properties

HDB should curb rising rentals in its commerical properties

THE Housing Board (HDB) should curb rising rental costs that are a result of the bidding system for commercial rental properties, in a bid to prevent "rent-pull" inflation. The HDB electronic bidding system promotes impulse bidding, as bidders are given 10 minutes to increase their bids for the rental premises of their choice. Keen... 

Concerns about sustainability of Silver Support Scheme

Concerns about sustainability of Silver Support Scheme

DPM Tharman BUDGET 2015 outlined a better future for Singaporeans, and one key area of this year's Budget is to provide greater assurance in retirement. Measures that were announced to strengthen our social security system are a step in the right direction. The Silver Support Scheme for low-income seniors is particularly heartening... 

MND replies on related party transactions

MND replies on related party transactions

WE REFER to the commentary by Associate Professor Lee Kin Wai ("The problem with related party transactions"; Feb 18). All town councils (TCs) are to prepare their financial statements in accordance with the Singapore Financial Reporting Standards (FRS). Under FRS 24, a TC is required to disclose related party transactions in... 



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