Khaw: HDB will continue to lose money next few years
National Development Minister Khaw Boon Wan Speaking in Parliament today (20 Jan), National Development Minister Khaw Boon Wan said that HDB's net deficit will continue to be high in the next few financial years. He said this was due to the completion of HDB flats launched in the ramp-up phase in FY2013. He was responding to...
New bicycle lane demolished upon completion by LTA
A newly built bicycle lane at Yishun was demolished the day after its construction was completed. Residents are bemused that the reason is to make way for a new bus-stop. LTA explained that there is a problem with its coordination and will strive for improvement. Lim Yew Sih, a 51-year-old IT professional, wrote to ST Forum...
Lim on pump prices: Have to consider land/labour costs
Minister Lim Hng Kiang Minister for Trade and Industry Lim Hng Kiang said in Parliament today (19 Jan) that Singapore will benefit from the fall in global oil prices. He said that a drop in oil prices will translate to lower electricity tariffs and fuel costs – directly benefiting Singapore businesses and consumers. “For...
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