What's News: May 27, 2016

The Government eased curbs on car loans in a surprise move yesterday.
The Government eased curbs on car loans in a surprise move yesterday.PHOTO: ST FILE

TOP OF THE NEWS

Car loan restrictions eased

The Government eased curbs on car loans in a surprise move yesterday. Car buyers can now borrow up to 70 per cent of the purchase price for cars with an open market value (OMV) of $20,000 or less; and up to 60 per cent of the price for those with an OMV of more than $20,000. The loan tenure has also been increased from five to seven years.

TOP OF THE NEWS

Anti-terror drills in heartland

Staged terrorist attack scenarios will be held in housing estates islandwide as efforts are stepped up to prepare the public for such emergencies. The measures include police spreading the word about vigilance through home visits.


Water levels at the Linggiu Reservoir may be boosted by a plan to redirect water from Johor's rivers. PHOTO: PUB

WORLD

Johor looks to rivers for water

Johor is exploring redirecting water from two of its rivers to the Linggiu Reservoir, as part of plans to ease the supply shortage that has hit the state's east coast districts in recent years. Officials say the plan to boost water levels at the reservoir - which helps meet Singapore's water needs - will be a boon for water treatment plants downstream operated by Singapore and Johor.

WORLD

Call for greater cooperation

Emeritus Senior Minister Goh Chok Tong has called on Asian leaders to demonstrate greater cooperative leadership, saying they must look beyond their historical legacies and work together for the region to realise its full potential. Mr Goh was speaking at the annual Jeju Forum held on the South Korean resort island.

OPINION

Time for the Gandhis to go

It's time for the Gandhis to go as they can no longer be counted on to bring in the votes, writes Ravi Velloor, and the future of the Congress party that led India to independence is at stake.

HOME

Post-op bleeding risk

State Coroner Marvin Bay called for greater public awareness of the risk of surgical bleeding from taking Cordyceps, after a woman who had taken the Chinese herbal medicine before a brain operation died of excessive bleeding last year.

HOME

Better social mobility here

Lower-income families here enjoy better social mobility compared to those in countries like the US, Deputy Prime Minister Tharman Shanmugaratnam said at a global conference yesterday. He cited a housing policy integrating people of different socio-economic groups in the same neighbourhood.

BUSINESS

April factory output up 2.9%

A glimmer of hope for better economic prospects appeared yesterday, after factory activity improved last month. Industrial production grew 2.9 per cent, with electronics and pharmaceuticals churning out more products. But economists questioned if this was sustainable, given the subdued consumer sentiment globally.

SPORT

Canoeing up for three awards

For the first time, canoeing nominees have made the list for the three main categories at the Singapore Sports Awards to be presented on June 23. Mervyn Toh is up for Sportsman of the Year, Stephenie Chen for Sportswoman of the Year and Balazs Babella for Coach of the Year.


The 16m-high inflatable attraction at the DBS Marina Regatta will allow people to slide at speeds of more than 50kmh. ST PHOTO: ALPHONSUS CHERN

LIFE

Slide down five storeys at regatta

South-east Asia's highest inflatable water slide will entertain partygoers at the fifth annual DBS Marina Regatta, which takes place this and next weekend. At more than five storeys high, it surpasses even the Changi Airport Terminal 3 slide, which is four storeys high.


PHOTO: COURTESY OF JOEL LOW

LIFE

Dick Lee celebrates turning 60

Singer-songwriter Dick Lee turns 60 this year and will celebrate the occasion with a concert on Aug 19. His Singapop! 60th Birthday Concert is the first of Sing50 Fund's Icon Series. The fund aims to keep local musical heritage alive.

A version of this article appeared in the print edition of The Straits Times on May 27, 2016, with the headline 'What's News'. Print Edition | Subscribe