Singapore Zoo celebrates its 40th birthday

Places No Comments

Singapore Zoological Gardens celebrates its 40th birthday with a series of events. The Singapore Zoo is giving a 40 per cent discount on its admission ticket prices for Singaporeans and permanent residents who turn 40 this year. But these individuals must visit with four other friends during the birthday month. The discount is valid from now till the end of the year. Read more »

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 »

Lee Kuan Yew Had A Transient Ischaemic Attack

People, Politics 1 Comment

Mr. Lee Kuan Yew, Former Minister Mentor and First Prime Minister of Singapore, was admitted to Singapore General Hospital after experiencing a suspected transient ischaemic attack (happens when blood flow to a part of the brain stops for a brief period of time) associated with a prolonged episode of atrial fibrillation (or irregular heartbeat). Read more »

Thai Tycoon Gain Control Of F&N

Business, People No Comments

Thai billionaire, Charoen Sirivadhanabhakdi, take full control of F&N (Fraser and Neave Limited) after paying S$8.8 billion (US$7.1 billion) in cash for it. F&N was form as a public company in January 1898 to take over the business of Singapore Aerated Water Company and the Singapore and Straits Printing Office with a share capital of S$225,000. And a 115 years later is valued at S$13.75 billion (US$11.2 billion). Read more »

Punggol East By Election

People, Places, Politics 10 Comments

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. Read more »

CEO of The Gold Guarantee went missing

Business 52 Comments

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. Read more »

EC Size Units Capped To Prevent Profiteering

Housing 1 Comment

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. Read more »

No Smoking In Public Areas

Nation Building, People 3 Comments

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. Read more »

Online Pimp Send To Jailed For 5 Years

People 5 Comments

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. Read more »

COE For Small Cars Is Above $92k

Places No Comments

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. Read more »

First Woman Speaker Of Parliament

People, Places, Politics 1 Comment

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. Read more »

Over 2 Million Dollars For A Public Housing Apartment

Housing, People, Places 3 Comments

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. Read more »

Star Peddler Quit Singapore

People No Comments

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. Read more »

Change In Credit Card Usage Rules

Places 1 Comment

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

Carrefour Done For In Singapore

Business No Comments

Carrefour shut down all of its operations in Singapore which comprise two outlets at Suntec City and Plaza Singapura, by end of 2012. Dairy Farm’s hypermarket arm, Giant, will replace Carrefour as anchor grocer, taking a 60,000 sq ft shop space in a separate location at  Suntec City. Read more »

PAP MP Embarrassed PAP

Places No Comments

Michael Palmer, MP, resigned from PAP to avoid further shaming ruling Peoples’ Action Party, PAP. MP is also Punggol East MP, Member of Parliament, said he was resigning to avoid “further embarrassment” to PAP for “improper relationship” with a People’s Association (PA) staff member in his constituency. He is also Singapore’s Speaker of Parliament. Read more »

RSAF New Advanced Jet Trainer Arrived At Cazaux

Military, Places No Comments

The first advanced trainer Alenia Aermacchi M-346 of the Republic of Singapore Air Force arrived at Cazaux Airbase in France. The M346 Advanced Jet Trainer is the replacement of old Douglas TA-4 Skyhawk. Read more »

Genneva Gold Office Raided

Business No Comments

On the 1st of October 2012, Genneva Gold was raided by both the authorities in Malaysia and Singapore for suspected offences including illegal deposit taking, money laundering, tax evasion and avoidance, false description (misrepresentations), appointment of agents without licence, and failing to lodge statutory documents. Read more »

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