SingPost to raise postage rates despite making profits
SingPost announced on Tuesday (2 Sep) that local and international postage rates will be increased starting next month. Local rates will increase between 4 cents and 20 cents while international rates will move up between 5 cents and 25 cents depending on the weight. SingPost Group CEO Wolfgang Baier said that the revised rates...
MND announces changes to Lease Buyback Scheme
HDB flats MND & HDB announced 4 enhancements to the Lease Buyback Scheme (LBS) today (3 Sep). The enhancements will avail the LBS to more elderly households, and provide greater flexibility to suit different preferences and needs, MND said. 1. Extension to 4-room HDB flats As announced by PM Lee in the recent NDR, LBS will...
Teo: Degree no longer a ‘one-way ticket to success’
DPM Teo Chee Hean At the University of Manchester alumni dinner yesterday (2 Sep), DPM Teo Chee Hean said that while a degree used to be "considered a one-way ticket to success", it is "not quite the case today" due to the abundance of higher education. Mr Teo was giving a speech at the 10th-anniversary alumni dinner for his...
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