Teo: We will weed out bogus claims for SME schemes
Teo Ser Luck Speaking to reporters on the sidelines of an industry event jointly organised by Ang Mo Kio Merchants' Associations and SME Centre @ Ang Mo Kio, Minister of State for the Ministry for Trade and Industry, Teo Ser Luck, said the Government is conducting more stringent checks in the application process of 2 SME schemes: Productivity...
71-year-old elderly man gets 4 weeks’ jail for vandalism
The 71-year-old elderly man who was arrested last month for vandalism was sentenced by the court to four weeks' jail today (23 Jun). The man, Loh Thiam Hock, admitted to five counts of committing acts of mischief by using a black marker to write phrases, such as "We support CPF Blogger. Return our CPF Money" on bus panels of...
Inflation hits 2.7% in May, higher than CPF 2.5% interest
In a statement released today [Link], MAS said that the CPI-All Items inflation rate rose to 2.7% (year-on-year) in May last month. In April, it was 2.5%. MAS said the increase is due to "base effects associated with the fluctuations in COE premiums". The 2.7% inflation rate in May is more than the current 2.5% interest rate...
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