The Padang: venue of largest protest, site of longest queue in Singapore’s history

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Gazetted on Singapore’s 57th birthday, the Padang is Singapore’s 75th national monument. This open space holds shared memories as a nation, Minister for Culture, Community and Youth Edwin Tong said. Gazetting it as a national monument protects the site from alteration and change that would affect its character and significance, while allowing it to continue […]

HDB to buy back flats from owners constrained by ethnic (EIP) quotas

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Can’t sell your flat because the Ethnic Integration Policy quota has been reached? No worries. A new option is now available. HDB will offer to buy back public housing flats from owners who face difficulties selling them due to the Ethnic Integration Policy (EIP) quotas. The new measure was announced by National Development Minister Desmond […]

Can Singapore borrow to fund soft capital like education: Jamus Lim

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Sri Lanka’s financial crisis didn’t happen overnight. It began harmlessly enough. Sri Lanka operated budget deficit after budget deficit. Instead of taxes, they borrowed at commercial rates to fund public services. Everything was okay as long as they were able to repay the loans and interests on time. But when their sovereign credit rating was […]