Banks to charge S$0.75 to S$3 for use of Singdollar cheques from Nov 1

By:
On:
In: South-East Asia

The Monetary Authority of Singapore ( MAS ) and the Association of Banks in Singapore( ABS ) first announced the decision to charge customers — both corporates and individuals — for issuing Singdollar-denominated checks in July.

Some banks now impose fees for the issuing of corporate checks but not for individual checks.

According to MAS and ABS, the change coincides with rising check-processing costs as use declines.

Since 2016, the average opening fee for a check has quadrupled, reaching South$ 0.40 in 2021. If check volumes drop by another 70 % by 2025, this is expected to rise to between S$ 2 and S$ 6.

The majority of lenders have been subsidizing the cost of check control, but given the anticipated raise, they are no longer able to do so, according to MAS and ABS.

As a result, seven lenders will be able to adopt the new fees as soon as possible, and other banks won’t do so until next July.

Those who deposit checks will also be required to pay a price in the future in addition to those who issue them.

With the exception of UOB and Maybank, which announced that check deposits would remain free for at & nbsp at least six months after November 1st, most banks have not yet disclosed information regarding deposit fees. This is because” various government agencies and organizations gradually adopt alternative payment methods, such as PayNow.”

Should there be shifts, customers will be notified, according to both banks.

Continue Reading

Start-ups struggle to repay loans as interest rates rise, says association representing SMEs

By:
On:
In: South-East Asia

GETTING OFF Money

Local start-up Igloo, which specializes in keyed smart digital hair for homes and businesses, is one company feeling the heat. & nbsp,

In order to survive the COVID-19 epidemic, the company took on two mortgages, but now it faces a new challenge: repaying them.

Anthony Chow, the CEO of the company, said,” We are fortunate that we are able to give up one of our money and we’re almost done with it.”

However, in order to get our shareholders’ support to expand its maturity date, we needed to refine the other one and placed in higher interest rates.

The company grew for approximately two years because it needed money to expand its operations.

Less Chance APPETITE FOR VENTURE CAPITALISTS

Startups typically require credit in order to survive, and one method is through funding from venture capitalists( VC ).

However, VCs are reluctant to take on more risks by investing in businesses that don’t clearly show evidence of revenue growth at a time when the recessionary bell is ringing.

In terms of the macro setting environment, rising interest rates, recessionary stress, etc., there is quite a bit of uncertainty. According to Mr. Patrick Lim, Director of the trade association Action Community for Entrepreneurship, which represents neighborhood start-ups.

The size and number of deals have decreased year over year as a dangerous resource, he continued.

” In truth, based on various market research, we have observed a more than 50 % decrease in overall deals completed for the first half of the season, as opposed to the same time last year.”

A FEW HARDER Reach Companies

Learning technology is one industry that has been particularly hard hit, according to observers.

In addition to dealing with higher prices, it is also experiencing a decrease in demand compared to the pandemic, when home-based teaching became the norm.

According to Mr. Jeff Ng, director of Asia Macro Strategy at Sumitomo Mitsui Banking Corporation( SMBC ) Asia Pacific, capital or resource-intensive industries will likely experience the greatest pressures because they require the heaviest debt financing. Real property and various investment-related industries fall under this category.

However, this might be advantageous for different industries, like economical services.

According to Mr. Ng, whenever there is a pattern, there are always some who gain from it and others who suffer. However, higher interest rates may ultimately cause economic growth to be below pattern for the time being.

Businesses running out of money, according to experts, will also have an effect on the supply chain, their enterprise partners, and their staff.

This is a disease or chain effect that could also have an impact on many other businesses and employees. On Wednesday, October 18, Mr. Ng told CNA’s Singapore Tonight that this can have an impact on usage and result in a general economic slump.

RESEARCHING FOR Styles

According to the industry association, in order to persuade owners of their impact, entrepreneurs must respond to styles more quickly.

It is doubling down on mentoring initiatives to help businesses swivel by assisting them in saving money and looking for opportunities to expand their operations in foreign markets.

At our ending, we look at how we can help the start-ups and see how they can evaluate their business model, assess their cost structure, and get through this trying time, according to Mr. Lim.

Igloo is addressing the cash shortage by cutting overhead costs, consolidating warehouses, and stretching every penny.

The company believes that streamlining supply chains will enable it to survive this challenging time and get back on track to achieve full-year success.

We want to prevent taking money as much as we may, Mr. Chow said,” as we think about our progress forth in 2024 and 2025.”

” In order for us as an organization to be in control of our own future, it is crucial that we enter a self-sustaining function, achieve positive cash flow, and achieve success.”

Following YEAR’S Good OUTLOOK

According to Mr. Lim, native start-ups can also prosper because Singapore receives a large portion of the funds now channeled into Southeast Asia, which means local businesses can prosper more successfully than competitors in nearby markets.

He continued by saying that investors are also more interested in industries like finance, agritechnology, ecology, and artificial intelligence, which encourages aspiring start-ups to consider cutting-edge trends and technologies.

Market participants think that while SMEs will need to continue tightening their belts in a challenging environment for the upcoming several months, the outlook for next year is better.

Overall, Singapore continues to experience extremely difficult and challenging development problems this year, so there are probably some ongoing problems. However, we anticipate some better circumstances next season than we did this month, Mr. Ng said.

Continue Reading

Purchased passports, shell companies: What affidavits reveal about the accused in the S$2.8b money laundering case

By:
On:
In: South-East Asia

According to Seow Jing Min’s affidavits, Lin calls co-accused Zhang Ruijin” partner” and is in a loving relationship with him.

More than ten years have passed since they first met. According to the IO, she also admits that co-accused Su Haijin and Su Baolin are her companions.

Lin has taken a vacation with Zhang, the two Sus, and their respective ladies.

Lin has one Chinese pass that is still missing, and his asset value is among the highest of the 10 accused.

She is employed by Golden Eagle Family Office, a geographically registered company, as an assistant chief investment officer.

The IO claimed that Lin is the one who makes purchase decisions and that the business is designed to control her own money.

Eagle77 and Ban Tian Yao Catering Management are two of Lin’s registered companies in Singapore, but the IO claimed that neither of these companies has any significant activities, with Eagle47 being established only to aid Lin in buying real estate there.

Lin’s girl Lin Xiaozhen lives in the same building as her 15-year-old girl, who resides with a companion on Beach Road.

Lin was detained alongside her boyfriend Zhang in Sentosa, where she now resides.

Lin’s relatives reside in China and the United Arab Emirates, while her brother is a student in the UK and her kids are in Beijing.

Lin has an estimated net worth of S$ 30.7 million abroad, including six home properties for S$ 10 million in the UK, one residence for US$ 5.7 million from the Philippines, a property in Dubai for S$ 3.7 million, and bank accounts totaling S$ 11.3 million each in Hong Kong, Macau.

Lin is from Fujian, according to her Taiwanese card.

According to the IO, she paid an agent US$ 130, 000 and US$ 160,000, both, to obtain documents from Dominica and Cambodia.

RUIJIN ZHANG

Time: 45.

  • Foreign citizenship in demand sheets
  • China, Saint Kitts, and Nevis documents
  • He is accused of two forgeries involving Macau house and a Hong Kong business loan agreement.
  • He was seized of the following resources: S$ 109.8 million in cash, lender accounts, four attributes, cars, alcohol, metal, and expensive jewellery.
  • Mr. Lewis Lew Jia Rong from Loo & amp is the defense team’s partner, along with Mrs. Chia Foon Yeow, Mr…

The S$ 109.8 million in property seized or frozen from Zhang are allegedly from two businesses in his brand: Golden Eagle Assets and Gold Eagle Family Office, according to documents from Commercial Affairs Officer Daniel Neubronner.

Zhang has three documents, two from China and one from Saint Kitts and Nevis, and his more recent Chinese pass is missing. According to the IO, he claims to hardly realize where it is kept.

He bought a house worth US$ 250,000 in Saint Kitts and Nevis, where he obtained card and citizen, according to the IO.

Zhang has a work permit for the position of chief investment officer at Golden Eagle Family Office in the area.

Zhang claimed that the business was mainly set up for him to control his own wealth and get an employment pass in Singapore, according to the IO.

In other words, Zhang’s money is the only factor used by the company to decide where to invest.

Zhang’s families and two older brothers reside in China, while his son and daughter are studying there and in Japan, both.

Zhang estimates that he has about S$ 41 million in money abroad. This includes about S$ 2.8 million in stock purchased with money held in a Hong Kong bank account, S$ 931, 000 in money in an unaffiliated Foreign trading company, and S$ 93,000 in Foreign bank transactions.

Additionally, he owns stock in a Spanish real estate development firm for about S$ 37 million.

Zhang is connected to Suspect X, a person who is wanted by Singaporean authorities. The Singapore Police Force ( SPF) has seized or frozen properties worth S$ 127 million from Suspect X and is requesting information from foreign law enforcement organizations about his whereabouts and activities.

Zhang has played sport with Su Baolin, traveled abroad with the couple and their ladies, and is friends with his co-accuse Su Haijin and his partner Lin Baoying.

According to Zhang’s Chinese documents, Fujian is where he was born.

DEHAI WANG

  • 34 years old
  • Cypriot is the citizenship listed on the cost sheets.
  • Passports: China, Vanuatu, Cyprus, and Cambodia
  • He is accused of buying a product in The Marq with S$ 2.3 million in improper gaming income and of two costs of laundering gambling proceeds.
  • S$ 61 million in cash, cryptocurrencies, bank accounts, real estate, and vehicles were seized from him and his family.
  • Defense: Tan Rajah & amp’s Ms. Megan Chia

Wang was hired into the Philippines’ online gaming industry in 2012, according to Assistant Superintendent of Police Lim Yong Khiang, who is involved in Wang’s event.

Before becoming a producer, he initially dealt with punters in customer support and posted advertisements for online betting on well-known websites, according to ASP Lim.

Money or bank transfers were allegedly used to pay him.

Since 2017, ASP Lim has been charging Wang with engaging in illegal virtual playing.

Like him, Wang’s wife and three kids are Cypriots. Wang has a sizable fortune abroad, and his relatives are in China.

According to ASP Lim, this amounts to S$ 1.06 million in two homes in Xiamen, S$ 2.9 million or more in bank records in Hong Kong.

Wang is connected to four additional purported partners who the SPF is looking for. According to ASP Lim, two of the four people who are still at large are Wang’s family. Two of them are wanted by Chinese government for engaging in illegal virtual gambling since 2017.

In his own petition, Wang asserted that he and his wife started looking into relocating their family to Singapore so that their three kids may receive a better education.

He added that he and his family planned to move their kids to Singapore soon.

SHUMMING VANG

  • 42 years old
  • Turk is the citizenship listed on the invoices.
  • China, Vanuatu, Cambodia, and Turkey documents
  • He is accused of using a fake record and possessing legal rewards for South$ 2.4 million from unregistered moneylending in China.
  • More than S$ 200 million in assets, including cash, bank accounts, 15 components, and cars, were seized from him and his family.
  • Defense: Ms. Yang Xinyan from Drew & amp, Napier, and Mr. Wendell Wong.

Vang is wanted by Chinese government for engaging in illegal online gaming, according to Mr. Teh Yee Liang, the case’s principal investigator.

According to Mr. Teh, the Chinese and Singaporean officials are also looking for his brother Wang Shuiting, who is still at large.

Passports from Turkey, China, and Vanuatu are also in the possession of Wang’s wife, son, or child. Other household users of Varg are based in the UK and China.

According to Mr. Teh, Vang claimed that by making financial efforts, he was able to obtain the documents from Turkey and Vanuatu.

He asserted that he had obtained citizenship in Cambodia by making a donation to the country’s government, which” offered ,” according to Mr. Teh,” a passport.”

This card has vanished. Additionally, Varg owns three land parcels in Cambodia that are thought to be worth$ 18 million USD.

In addition to this, he is wealthy abroad, with 32 million yuan invested in Taiwanese personal companies, US$ 500 000 in investments in Turkey, 2 Xiamen, China condominium units for 20 million Yuan each, an investment in a factory there for several million Yan,$ 2 million in Hong Kong bank accounts, and US$ 110,000 in USDT tokens.

According to Mr. Teh, Vang has numerous connections to various wanted suspects. Among them are his brother Wang Shuiting, a suspect whose possessions Singapore authorities have seized totaling more than S$ 260 million, and another relative who was found guilty of engaging in illegal playing in China.

More than US$ 2.8 million price of bitcoin were taken out of Vang’s Binance accounts two days after his arrest in August of this year and while he was still on remand.

According to Mr. Teh, this was allegedly done by” a person of interest.”

Vang relocated his home to Singapore in 2019 and has remained ever since. While his youngest child is still a baby, his two older children are enrolled in this country’s foreign institutions.

The majority of the 10 accused in the case are currently attending a pre-trial meeting, which is off-limits to the general public and the media.

This is true with the exception of Su Wenqiang, who will have his bail review in November, and Chen Qingyuan, whose attorneys changed from Mr. Mark Tan to a group from Drew & amp, Napier, under the direction of Mr Gary Leonard Low.

Chen may appear in court once more in November for a follow-up.

Continue Reading

New Zealand landlord loses rubbish row with Chinese embassy

By:
On:
In: Asia
A view of Wellington City in New Zealandshabby Graphics
Nicholas Yong
News from BBC

A NZ$ 960($ 559,£ 462 ) claim was lost by a New Zealand landlord who was at odds with the Chinese embassy over trash disposal.

The consulate left a rented Wellington stables house, according to Chandler Investments Limited, without paying for cleaning or other expenses.

The state was rejected by a lease court, which ruled that sovereign immunity protected the embassy.

This implies that a government may be sued abroad without that nation’s permission.

Chandler Investments Ltd. had requested payment for” cleaning, rubbish removal, and key cutting ,” claiming that this amounted to about NZ960($ 559,£ 462 ).

However, according to court documents viewed by the BBC, judge Rex Woodhouse came to the conclusion that the court lacked jurisdiction over the case and dismissed it.

Both parties to the claim were absent from the tribunal hearing, which was attended by representatives from New Zealand’s Ministry of Foreign Affairs and Trade ( MFAT ). While Mr. Woodhouse was able to get in touch with a representative of the Chinese ambassador, he concluded that” she knew nothing about this app.”

The rental applicant was identified as an” Embassy of the People’s Republic of China ,” and the first request for payment was made in May of last year.

The judge stated that he was” not persuaded that renting a residential home to an consulate would be commercial in nature ,” despite MFAT’s observation that there were commercial exceptions to immunity.

Owner Chris Chandler said the amount would have been” immaterial” for the embassy and that it was” clearly a quirk we didn’t see coming.”

No more officials, and that’s the tips he gives to other people in the same place, according to our house manager, Mr. Chandler said.

This is not the first instance in which a tenant in New Zealand has found themselves embroiled in an embassy rental debate.

Eva Tvarozkova, the deputy chief of vision for the European Union, was accused of over$ 11,700( NZ$ 20, 000 ) in paid rent and necessities at a Wellington property in 2018.

MFAT later advised that Ms. Tvarozkova had political resistance, shielding her from prosecutors, and requested a second reading, despite the tribunal’s initial ruling that the employer was entitled to the money.

Related Subjects

On this account, more

Continue Reading

Travis King: Soldier who fled to North Korea 'charged back in US'

By:
On:
In: Asia
Travis King US soldiers who crossed border to the North KoreaReuters
authored by George Wright
NBC News

Travis King, a US man who reportedly fled to the North Korea before returning home next month, is accused of abandonment, soliciting child sexual images, and possessing them.

According to reports, the costs also include assault against other soldiers.

In July, the surveillance expert entered the North Korea against his will while touring a border village.

Pyongyang later freed him without providing any additional information.

The Associated Press reports that although the expenses have not yet been made public, it appears he is facing eight costs.

Following his July run to the North Korea, the 23-year-old could be imprisoned on the sole charge of desertion.

According to Reuters news organization, Pvt. King was also charged with a variety of offenses prior to his flight to the North Korea, including an attempt to flee US government prison in October 2022.

In July 2023, he was charged with” knowingly and willingly producing child sex” by a Snapchat consumer. He was even charged with having child sex in his hands.

Claudine Gates, his mother, wished for her child to” been afforded the presumption of innocence.”

When Pvt. King crossed the North Vietnamese borders, he was on duty with the US Army.

Since January 2021, he had served in the Army and was currently stationed in South Korea.

Pvt. King had spent two months in confinement in South Korea before rushing into the North Korea on suspicion of assaulting two people and kicking a police vehicle.

Eight times before he crossed the government’s border with Pyongyang, on July 10, a man was freed from prison.

Finnish officers, who brought Pvt King to the North Korea’s borders with China, brokered the terms of his release.

Much is known about Pyongyang’s decision to set him free, how he was treated in the North Korea, or the motivation behind his initial flight it.

Related Subjects

More information on this tale

Continue Reading

DBS PayLah! services back to normal after users report login issues

By:
On:
In: South-East Asia

However, some people were harsh in their comments, some of which noted that the app’s impact prevented them from making payments.

” Never once more. One person claimed that he was unable to log in to pay for his cab fare.

How does we” get contactless” when our technology may keep up, asked another person who claimed that people were waiting behind him as he struggled to make payment?

After DBS’s disaster on next Saturday, I wanted to give them another chance, but I didn’t even wait a week and kept running into issues.

People were less essential, with some expressing gratitude to the lender for the information.

We can still use credit cards and digibank, so it’s not a big deal, according to one customer.

DBS and Citibank reported hours-long problems to their banking and payment service on Saturday evening. & nbsp,

Equinix, the supplier of data centers, claimed that a” technical problem” at one of its Singaporean centers caused some customers’ operations to be impacted.

It further stated that it is carrying out a” complete analysis” into the event.

On Thursday, the Singaporean Monetary Authority ( MAS ) announced that it had given DBS and Citibank the go-ahead to launch” a thorough investigation” and that, once the necessary information had been gathered, it would take the appropriate supervisory action.

Continue Reading

President Tharman spent over S$700,000 on election campaign, highest among candidates

By:
On:
In: South-East Asia

SINGAPORE: According to candidate statements made public by the Elections Department( ELD ) on Friday, October 20, President Tharman Shanmugaratnam spent S$ 738, 717( US$ 540, 000 ) in his campaign for the presidency.

Among the three individuals, his vote costs was the highest. It cost Mr. Ng Kok Song, who spent Mho$ 312, 131, more than twice as much as it did Tan Kin Lian, S$ 71, 366.

For this presidential election, each candidate was permitted to invest up to Mho$ 812, 822.10.

According to ELD guidelines, each registered voter’s spending limit is & nbsp, S$ 600, 000, or 30 cents, whichever is greater. There were 2 709 and 407 voters.

Previous Senior Minister Mr. Tharman won by a landslide in the September 1 crown, garnering 70.4 percent of the vote. Tan Kin Lian received 13.88 percent of the ballot, while Mr. Ng received 15.72 percent.

THE Wealth AND HOW IT WAS SPENT

Non-online poll advertising, which cost up to S$ 481, 226, was Mr. Tharman’s highest expenses. This was primarily used for printing and posting posters as well as banner and advertisements.

His next-highest consumption was South$ 141, 865 for online election advertising, which also included spending on his campaign website, social media, and local leader interviews.

Additionally, Mr. Tharman spent S$ 300 on ELD’s expulsion of six plan posters, banners, and colors that broke election regulations.

One of the substances was displayed on a tree without the National Parks Board’s permission, and five were placed within 50 meters of polling places. They were taken out on August 31st, Cooling Off Day, and on September 1, Polling Day.

Mr. Tharman held an election meet at Pasir Panjang Power Station and spent S$ 8, 640 to rent the space, even though there were no gatherings this season.

The majority of expenses for the other two candidates also came from poll marketing.

Mr. Tan spent almost S$ 70,000 on offline marketing but only South$ 20 on online. The majority of the funds were used to print advertisements and pay for their labor and transportation.

According to TODAY, his overall spending is comparable to that of his first run for president in 2011, when he spent close to S$ 71,000.

Just Mr. Ng was chosen to spend more money on online marketing. He spent S$ 280,800 on it as opposed to substantially more than S$ 1,000 on offline marketing.

Mr. Ng stated that he would not post banners and posters while running his campaign because, due to a lack of the necessary manpower resources, it would be more responsible to do so.

Social media management and analysis, guest appearances on podcasts and talk shows, and film production were some of his net advertising expenses.

Continue Reading

Ed Sheeran to hold Singapore concert on Feb 16, presale starts on Oct 27

By:
On:
In: South-East Asia

Prepare to appearance flawless as you sing aloud at Ed Sheeran’s music on February 16, 2024. The Grammy Award-winning song is traveling to Singapore for a one-night performance at the National Stadium. Additionally, he is hosting English song Calum Scott.

Tickets for the music can be purchased at SingPost locations and through Ticketmaster for between Mho$ 88 and South$ 488.

Here’s some fantastic information if you registered for a UOB cards for Taylor Swift at the concert and didn’t cancel your membership afterwards. UOB users can take advantage of a tickets from 10am on October 27 through 9:59 do on Oct 29.

Members of the KrisFlyer team may attend a second tickets from 10 am to 9:59 am on October 31. KrisFlyer UOB credit and debit users will need to take in order to access this tickets, and SIA Group promotional messages will be sent to them according to the interests of their KrisSlyER account. On October 27, KrisFlyer may send them a special access code via internet. & nbsp,

Between October 20 and 25, members who do not have KrisFlyer UOB credit or debit cards is get the SIA Group’s life rewards app, Kris , and travel 150 miles to earn a special access code. Please be aware that only the first 110, 000 users may redeem.

Alternately, starting on October 30, those with a lot of extra miles can choose to use their miles to save Category 1 to 4 music cards. Cards in Categories 1 through 4 may be redeemed for 49, 000, 38, 00, 29, 000 and 19, 000 yards, respectively.

The general price will start on October 31 at 11 a.m.

Continue Reading

Elvin Ng's oral health tips and more at Let's Talk About Health fair this weekend

By:
On:
In: South-East Asia

On both times, the complimentary one-stop event will take place from 10 am to 9 pm. CLASS 95, LOVE 972, and YES 933 deejays will host workouts and stage performances.

Another health and wellness topics besides dental health are covered by a variety of experts, including eyecare advice, early treatment for bones and joints, paracetamol use, coping with hypersensitive skin, and TCM advice for post-cold care. And while you’re there, ask restaurant Anna Phua for some squeezing and cooking advice.

Customers who love discounts you get up to 30 % of on items that are only sold at the good. Additionally, you can use a minimal spend of S$ 30 to resurrect goodie bags for S$ 50 each. Visit movies for more details. sg / letstalkabouthealth

Continue Reading

Commentary: Debate over COE system will go round in circles if we don't accept reality that car ownership is exclusive

By:
On:
In: South-East Asia

DISCUSSION OVER PRIVATIVE Get CARS

There is one more critique that has recently come to light, and it is yet another illustration of the inability to comprehend the fundamental elements of COE system.

The increase in demand and consequently the cost of COEs are attributed to personal use cars. They are held accountable because they are large corporations with the means to undercut regular people.

Although it may be accurate, this misses the bigger place.

Consider Grab and Gojek as businesses that divide the rights fees of the priciest cars in the world among the thousands of users. & nbsp,

You don’t want to pay the large Department price to drive, do you? You can do this with the help of personal rent cars.

Since you only have to pay for use, they are the most usage-based cars.

There should be even more secret get cars on the road, according to those who contend that Singapore should switch from an ownership-based to a usage based car policy, which I think is the right course of action.

I have a vehicle, ouch! It hurts a lot! but on vacation I give my daughter, who has a young child and another on the way, the tips. On vacation, when I rely on Grab and public transportation to get around, they require it more than I do.

I’ve always found personal rent cars to be practical and frequently dependable. They are a boon given the high existing rights charges of automobiles. & nbsp,

The COE plan: Is it ideal?

It’s not, but there isn’t any other option that works as well to reduce traffic congestion, which is a significant issue in some places.

When traveling is postponed, the moment spent in a mess is lost forever and is never recovered.

In contrast, the funds obtained from COE payments can be put to good use for the general public, such as by funding public transportation.

The scheme’s biggest flaw, in my opinion, is the fluctuating rates from month to month. & nbsp,

Policy should, in my opinion, be repetitive and secure. When the product or service hasn’t changed, it shouldn’e lead to price differences that are drastically different.

For instance, prices could drop as a result of the recently announced COE limit increases from November to January 2024.

However, it will only be a short-term revision and won’t change the long-lasting pattern. These arbitrary rate changes only increase the uncertainty of the market.

Alternatively, the government should work to balance out the limit amounts over a long period of time, like five times, in an effort to make charges more stable and predictable.

The COE statistics for the following five should be released every five years. This will give the business a clear indication that the statistics have been fixed and deter irrational bids.

Motorcyclists, who typically come from lower-income households, are one party I sympathize with. In equal terms, great COE prices hit them harder.

Since there is a normal cap on their numbers, I believe the officials should be more lenient with the COE limit for this group. Not all wants to ride a bicycle for different reasons, so it’s possible that raising the limit will help bring the cost down to more manageable amounts.

It is worthwhile to try and will significantly relieve low-income communities. & nbsp, The road ahead will likely be jam-packed with record-breaking price levels for the other categories. The following are: & nbsp, , SNP, BSP, NBP, A & NBPS,

Former newspaper editor Han Fook Kwang is a Senior Fellow at Nanyang Technological University’s S Rajaratnam School of International Studies.

Continue Reading