Singapore needs more citizens and permanent residents, and the children of the Gurkha officers would be prime candidates. Some were born here, many have studied in local schools, they know our cultures well, love Singapore and can assimilate easily. I welcome more Singapore-born Gurkha national servicemen, nurses, social workers, teachers, engineers and hospitality staff.
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A large American chipmaker has moved some operations out of Singapore to Ireland, which is likely to weigh on the already troubled electronics sector here. Broadcom, a Fortune 500 company based in California and listed on Nasdaq, said in its latest annual report that after March 31 this year, it would "utilise (its) Irish trading company for certain foreign operations". The move coincided with the termination of tax incentives that it enjoyed in Singapore, which it said ended in March.
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ELDERLY flat owners who opt for the Lease Buyback Scheme may be given the option to retain more or fewer years on their flat's lease, in a bid to make the scheme more flexible. Minister for National Development Khaw Boon Wan said this yesterday during a post-National Day Rally dialogue for youth in Sembawang GRC, adding that his ministry is set to announce changes to the scheme this week.
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