K Shanmugam tabled Penal Code (Amendment) Bill to repeal Section 377A
On Thursday, Minister for Home Affairs and Law K Shanmugam introduced a law in Parliament which will repeal Section 377A which criminalises sex between men, while a constitutional amendment to protect the current definition of marriage as a union between a man and a woman was tabled by Minister for Social and Family Development Masagos Zulkifli.
The two readings of the Bills will be debated when Parliament convene on 28 November, with a simple majority required to repeal the law, and two-thirds of the MP’s support needed to amend the constitution.
Bus stop congestion: ‘No action taken yet keep want to increase transport fare’ — Netizens on long bus waiting time
A member of the public took to social media to raise awareness of the “poor management” leading to congestion at a bus stop.
“Contacted LTA (Land Transport Authority) to raise the issue of extremely long wait time for bus and poor management of the bus allocation which led to over congestion of the morning traffic,” wrote a Facebook group Complaint Singapore member on Wednesday (Oct 19).
Singapore proceeding with GST increase: Netizens say ‘GST is regressive tax, the poor will face increased pressure from rising costs
Deputy Prime Minister Lawrence Wong announced recently that the country would proceed with the planned Goods and Services Tax (GST) hike in the coming years, as this is the “more responsible approach” to the global inflation outlook.
GST is scheduled to increase from 7 to 8 per cent in 2023 and to 9 per cent in 2024.
Netizens say ‘the rich always get away, poor life doesn’t matter’ after Bentley driver gets light sentence for injuring security guard
The Bentley driver who forced his way into the entrance of Red Swastika School in Bedok and hurt a security guard in the process was sentenced to eight weeks in jail and a S$600 fine on Oct 19 (Wednesday).
Netizens have since commented that the sentence was too lenient as there was an injury involved.
Is investing in Tech companies a good idea in the current volatile market? Here’s what the trends and data say…
The pandemic has affected investment markets across the globe. The global investment landscape started slowing down well before the pandemic. All three types of investments i.e., Corporate M&A, greenfield foreign direct investments (FDI), and Private Equity investments (PE) saw annual growth of 2% only. Business investment commitments in Singapore also dropped as much as 31% in 2021.
As an investor, the situation may look very bleak. It is natural for investors to be wary of expanding their investment portfolios and moving more towards pulling out existing investments. Experts suggest that pulling out investments even in these volatile situations isn’t the right solution. The way to navigate this uncertainty is to invest in stable companies with patterns that suggest good and non-volatile growth with a steady income.
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