
A list of some of the work ex-MOS Teo Ser Luck did for approximately $14 million
PM Lee announced the retirement of Teo Ser Luck from office on Thu (27 Apr). In the announcement, he highlighted Teo’s achievements for the past 11 years as politician: [ LINK ] At MOM and MTI, he, * Promoted SMEs * Developed their capabilities (didn’t say how) * Set up SME Centres * Led the Lean Enterprise Development...

High Court increased jail sentences of 3 National Service defaulters
Photo: MINDEF In view of the attitude that NS can be avoided, the High Court said that the attitude would ‘weaken our national security – (which is) simply intolerable’. To avoid this mindset, the High Court increased the jail terms of three National Service (NS) defaulters on Tuesday (25 Apr). The court is expected to...

Why do HDB home loans have higher interest rates than bank loans?
Many Singaporeans often get surprised when they compare HDB home loans vs bank loans. Why do HDB loans tend to have higher interest rates? Money Mysteries is a column by Ryan Ong that explores the odd world of money. Where does it all go when you give it to a bank? Why does a potato sometimes cost S$200, or shipping a sofa sometimes...
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