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Why Singapore's Economy Is Heading For An Iceland-Style Meltdown

Singapore’s unemployment rate is a mere 1.8 percent even as the country’s red hot construction sector has been attracting overseas workers, and a growing number of wealthy citizens are hiring domestic helpers from neighboring countries like the Philippines and Indonesia. The ranks of Singapore’s wealthy are growing rapidly thanks to the country’s asset bubbles, which is helping to fuel a luxury consumption boom in everything from high-end apartments to exotic supercars.

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Top Districts’ Executive Condominiums: Who are the ones?

The top performing EC, Bishan Loft, is a 99-years leasehold Executive Condominium development located at 31 – 35 Bishan Street 11. The reason for its appeal lies in its walking distance to Bishan MRT Station, which appeals to potential buyers as Bishan MRT station offers accessibility to the CBD via the North-South and Circle lines.

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NEA instructed to remove "archaic" rule from hawker stall licence

The National Environment Agency (NEA) has been instructed to remove an "archaic" rule from hawker stall licence requirements. The rule, listed under the Conditions of Licence for hawkers, stipulates that cooked-food stalls are not allowed to sell "restaurant type of dishes" unless authorised to do so in writing by the Director-General of Public Health.

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Hawker cannot sell a "restaurant" type dish?

Check out the terms and conditions of a hawker stall license under point 3 - a hawker cannot sell a "restaurant" type dish? What kind of stupid onerous ruling is this? How do you define a restaurant type dish? So if restaurants sell crab meat fried rice a hawker must seek approval to do the same? Does this mean an enterprising young F&B hawker aspirant can't set up a taco stand because a Mexican restaurant sells tacos, unless he gets the go-ahead?

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Govt mulling over more measures to strengthen moneylending rules

The government is considering additional measures to strengthen moneylenders' regulatory regime, Law Minister K Shanmugam said in a Facebook post on Monday. The measures also serve to complement the Monetary Authority of Singapore's 12 months' income limit on unsecured borrowings from financial institutions.

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Thailand's political crisis: The inside story

Throughout the country Thais are glued to their TV sets, watching the unfolding Bangkok drama. But they watch on different channels. The social groups that support the government watch live coverage on their own national television channel, dubbed 'Red TV' after their 'red-shirt' identity; meanwhile, theopposition have their own channel and watch coverage on 'yellow shirt' TV .

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Caffeine Boost For Singapore’s Coffee Culture

Since indie (read: hipster) culture started catching on in Singapore, there has been no lack of indie cafes sprouting up every few weeks or so. But then there is a special breed of cafes that aren’t just out there for the sake of being cool. They take pride in the coffee they serve, breathing life into Singapore’s specialty coffee culture by either creating their own blends and roasting their own beans, or selecting only the best coffee blends from around the world.

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