HAPPINESS INDEX, Latest Others News - The New Paper


This article is more than 12 months old

Certificates of entitlement prices ended higher across the board. COEs for cars up to 1,600cc and 130bhp climbed the most to reach $77,201, despite steps to remove luxury models from the category.

Motorcycle COEs hit $3,501, the highest since 1997.

The number of people made bankrupt last year rose by 14 per cent to reach 1,992, the highest since 2009.

The Insolvency and Public Trustee's Office under the Ministry of Law gave reasons for the rise: Overspending, business failure and unemployment.

Police nabbed 53 people for criminal offences like rioting, cheating, forgery and robbery in an islandwide operation lasting 17 hours last week.

A one-off Goods and Services Tax voucher will be introduced to help lower- and middle-income seniors and retirees cope with higher living costs. About 675,000 Singaporeans aged 55 and above will benefit at a cost of $170 million to the Government.

The Land Transport Authority has awarded contracts to construct the Sin Ming, Havelock and Marina Bay MRT stations on the Thomson Line.

Sin Ming station is scheduled to complete in 2020, and the Havelock and Marina Bay stations in 2021.