Praise for Budget 2013 from PAP MPs and PAP linked-entities
Most of the PAP MPs interviewed by the media said they welcomed the government's schemes to help low income as well as elderly Singaporeans. MP for Marine Parade GRC, Ms Tin Pei Ling said, "Some of the measures that were announced, for example, some of the Workfare Income Supplement (WIS) and the top-ups that the elderly can...
Trial of ex-MP & ex-STTA President Choo Wee Khiang starts
(Photo CNA) The trial of former People's Action Party Member of Parliament for Jalan Besar GRC and ex-STTA President Choo Wee Khiang starts today (26 Feb). He allegedly committed criminal breach of trust (CBT) when he was the President of Singapore Table Tennis Association (STTA) in 2005. Three other charges of corruption allegedly...
MAS imposes financing restrictions on car loans
The Monetary Authority of Singapore (MAS) will re-introduce financing restrictions on motor vehicle loans granted by financial institutions. It previously had in place financing restrictions on vehicle loans, from February 1995 to January 2003. The maximum motor vehicle loan amount will depend on the open market value (OMV)...
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