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Changes to make the Lease Buyback Scheme more flexible have seen applications soar. Almost 800 households applied between April and September this year, more than double the number in the six months after the scheme was last updated in 2013.
TOP OF THE NEWS
Britain yesterday rolled out the red carpet for Chinese President Xi Jinping, who started a four-day state visit that the media said would seal trade and investment deals worth billions of dollars. Both countries hailed the visit as the start of a "golden era" of bilateral relations.
Slovenia yesterday buckled amid the worst refugee crisis in the European Union in decades, calling in the army to help manage a surge of asylum seekers in the small country. The United Nations said some 643,000 migrants and refugees have arrived in Europe so far this year.
An Indian court yesterday convicted an Uber driver of raping a 27-year-old female passenger in Delhi last December, a ruling hailed by activists as an instance of speedy justice in rape cases. The driver faces a maximum sentence of life imprisonment.
It was disconcerting to find economists recently making a case for the Singdollar's weakening, writes Goh Eng Yeow. A currency's strength boosts confidence in the banking system. So just as well, the MAS caught the Singdollar bears wrong-footed, he adds.
There are five times as many people aged 100 and above in Singapore than there were in the year 2000. New figures also show that the number of residents aged 90 and above rose from just over 5,400 to 14,200 in the same period. The World Health Organisation expects populations of older people to continue rising in developed countries.
Motorbikes account for one in every six vehicles on the road here - but are involved in almost half of all deaths on the road. Last year, 74 motorcyclists or pillion riders died in accidents. The police will clamp down hard on reckless road use.
Consumers should brace themselves for life insurance products that will offer lower guaranteed benefits as insurers face upcoming tougher rules that may require some of them to set aside more cash reserves as a buffer.
The Champions League clash of the night is no doubt the one between big-spending Paris Saint-Germain and record 10-time European champions Real Madrid.
With both set to make the last 16, PSG and former Real winger Angel di Maria is probably the most fired-up man on the field.
Restaurant and nightlife hub Circular Road has formed its own committee to further develop the precinct. The Circular Road Committee was formed by the directors of lifestyle and entertainment group Limited Edition Concepts and bars Mogambo and Hero's. It also comprises representatives from other F&B outlets in the street.