Authority Imposes Restrictions On Car Loans


Transportation No Comments

The Monetary Authority of Singapore (MAS) is imposing restrictions on loans for private cars to safeguard against borrowers defaulting on their repayments. As of immediate, the central bank said consumers will be limited to borrowing 60 per cent of the purchase price of a motor vehicle when the open market value (OMV) is S$20,000 or less (the cheaper 1.6 litres Korean/Japanese car). And 50 per cent cap on auto loan will be imposed when the OMV is more than S$20,000 (the more expensive car). The MAS is also capping the tenure of a motor vehicle loan at five years. Read more »

Scooted Off To Sydney


People, Places, Transportation No Comments

Singapore long haul budget carrier, Scoot, took to the skies with its inaugural flight to Sydney, Australia. The plane load of 400 budget traveller departed from Singapore Changi Airport at 11.25pm. Hello Australia!

Indonesia to take control of the airspace above Riau


Business, Transportation 1 Comment

Indonesia would take control of the airspace above Riau Islands (about 20 kilometers south of Singapore), currently controlled by Singapore since 1946, from 2025. Singapore is willing to hand over control of the airspace above Riau Islands, earlier provided that the International Civil Aviation Organization (ICAO) gives the green light. Read more »

New Bus Park For Expanding Bus Fleet


Places, Transportation No Comments

The Singapore Government have partnered two public transport operators, SBS Transit and the SMRT, to add about 800 buses over the next five years. The government will pay for 550 buses, while the operators will fund the remaining 250. As such, Singapore Land Authority (SLA) has release two new space for parking these buses overnight – one at Changi another at Woodlands. Read more »

Repaired Qantas A380 Flew Home


Places, Transportation No Comments

After 18 months, 78,000 man-hours and repairs costing US$144 million, the aircraft is finally ready to fly again. The Qantas Airbus A380 aircraft that experienced a mid-air engine explosion in 2010 returned home to Sydney from Singapore. Read more »

High COE Prices As Explained By The Minister


Places, Transportation No Comments

Transport Minister Lui Tuck Yew said that the certificate of entitlement (COE) prices are soaring because the economy is doing well and not because the Government is further slowing the growth in the vehicle population. He was responding to a steady stream of complaints about COE prices – now at their highest in more than a decade. Read more »

Authority Imposes Restrictions On Car Loans


Transportation No Comments

The Monetary Authority of Singapore is imposing restrictions on loans for private cars to safeguard against borrowers defaulting on their repayments. As of immediate, the central bank said consumers will be limited to borrowing 70 per cent of the purchase price of a motor vehicle. Read more »

SIA’s Golden Bird Takes Off


Business, Transportation 1 Comment

Singapore Airlines, or SIA, took to the air at dawn which heralded a new era in the Singapore’s aviation history. The first SIA flight SQ108, a Boeing 737 aircraft left for Kuala Lumpur at 6.14am. Read more »

Singapore Youth Flying Club Established


Education, Places, Transportation No Comments

The Singapore Youth Flying Club (SYFC) was established in December 1971 as the Junior Flying Club (JFC) by the then newly-formed Singapore Armed Forces (SAF). Its mission is to promote aviation among youths and inculcate in them a strong passion for flying. This is done through its aeromodelling courses for secondary school students and flying training for JC and Polytechnic students. Its vision is to be a world class aviation training centre for youths and it strives to develop them to take up a career in the Republic of Singapore Air Force. Read more »

Kallang River Dredge For Seaplane Usage


Places, Transportation No Comments

The Singapore Government started dredging Kallang River. This is to prepare Kallang Aerodrome for seaplane approach. During the next 3 months, seaplane landing will be diverted to Seletar Air Base. Read more »

RAF Replace Spitfire with Meteor Jets


Military, Places, Transportation No Comments

RAF Tengah is upgraded to become the next new fighter base and it will be Southeast Asia first. Read more »

RAF Install Radar At Mount Faber


Places, Transportation No Comments

The radar device install at Mount Faber can pick up rain clouds over 100 miles away and watches the direction and speed at which the rain clouds travels. The installation was done by RAF (Royal Air Force) Telecommunication Research Establishment. Read more »

Pan-Am Resumed Flights To Manila


Business, Places, Transportation No Comments

Pan-American Airways (Pan-Am) resumes flight between Singapore and Manila. Flights takes-off from Changi and for seaplanes from Kallang Aerodrome.

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