Punggol East By Election

Saturday, 26th January 2013

PM Lee announced that the by-election for Punggol East will be held on 26 Jan 2013. Mr Lee said even though he has been busy with national issues, he has decided to hold a by-election to give Punggol East residents their own MP in Parliament, before returning back to refocus on national issues. It was rumored that PAP Activists were stockpiling plywood that is mainly used for election posters ahead of the announcements. The By-Election was eventually won by the opposition, Workers Party, with a deciding 60% majority.


CEO of The Gold Guarantee went missing

Monday, 21st January 2013

The CEO of The Gold Guarantee, Mr. Lee Song Teck (age 34), went missing along with its investor's money. Before TGG's CEO when missing he had asked investors to pay a S$2,000 deposit for a kilo of gold when signs that his company is running out of cash. Earlier on 09th January, it was rumored that TCC has stop payment of 1.7% monthly interest to their investment.


EC Size Units Capped To Prevent Profiteering

Friday, 11th January 2013

Singapore Government introduces new measures to ensure that executive condominiums (EC) remain affordable for middle-income Singaporean families. The maximum strata floor area of new EC units will be capped at 160 square metres or about 1,700 sq feet.


No Smoking In Public Areas

Friday, 11th January 2013

Smoking will be banned in more public areas to better protect the public from second-hand smoke. Smokers will not be able to light up at the common areas of all residential buildings, covered linkways and walkways, overhead pedestrian bridges, outdoor compounds of hospitals, as well as within a five-metre radius of bus shelters.


Online Pimp Send To Jailed For 5 Years

Thursday, 10th January 2013

Online Pimp, 39-year-old Tang Boon Thiew, admitted to committing 20 charges, including abetting the prostitute's activities and living off her earnings, as well as starting the vice ring in 2010. Pimp Tang was sentenced to four years and 10 months in jail and fined S$90,000. A further 82 charges will be taken into consideration for sentencing. The court heard that he obtained 82 bookings for a 17 years old call girl (cum polytechnic student) and received about 50 per cent of her earnings. She had been paid between $450 and $850 per booking.


COE For Small Cars Is Above $92k

Wednesday, 9th January 2013

Certificate of Entitlement (COE) for small cars hit another all-time high to close at S$92,100. The highest on record since COE was introduced in 1990. So a cheap 1.6litre Korean import should cost about $130,000 (USD105,000) to put it on the road. Singapore would be one of the most expensive place on earth to own a car, as it would cost a family about $2,000 (USD1,600) per month to have one.


First Woman Speaker Of Parliament

Tuesday, 8th January 2013

Minister of State Halimah Yacob to be elected as Speaker of Parliament. She is Singapore's first woman Speaker and will fill the post vacated by former Member of Parliament, Mr Michael Palmer, who stepped down due to an extramarital affair.


Over 2 Million Dollars For A Public Housing Apartment

Saturday, 29th December 2012

An executive condominium (EC) penthouse from HDB (Housing Development Board) public housing project was sold at a record price of S$2.05 million. A spokesman for the CityLife Tampines housing project said the sale was made within the second hour after the show flat was opened for public viewing. The unit with a huge roof top deck and about 2,800 sq ft of living space was sold to a young twenty something couple.


Star Peddler Quit Singapore

Friday, 28th December 2012

Singapore table-tennis stars Li Jiawei called it a day and retiring back to home in Beijing, China. China-born Li became a Singapore citizen at the age of 18 years under the Foreign Sports Talent Scheme and in her hay days was ranked as high as world number three. Over the years, she has collected nearly $1.5 million in performance incentives from Singapore Government via Singapore Table Tennis Association (STTA) located in Toa Payoh Stadium.


Change In Credit Card Usage Rules

Saturday, 22nd December 2012

The Monetary Authority of Singapore (MAS) has the Credit Card rules changed to encourage the responsible use of credit card and unsecured credit.


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