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Singapore Wrap Wednesday
Today's notable stories
- CPF advisory panel pushes for more flexibility in withdrawals and monthly payouts
The Central Provident Fund (CPF) Advisory Panel has come up with nine recommendations in its push for more flexibility in the current CPF system.
- Low compliance costs for most companies since start of Do Not Call Registry
Most companies have not had to incur any costs in checking the Do Not Call Registry. Four in five companies have checked 500 numbers or less since the registry came into effect on Jan 2 last year, and hence have stayed within the 500 free annual credits available to organisations and individuals with an account in the registry, said the Personal Data Protection Commission on Wednesday.
- Singapore's first covered bonds could hit market by mid-2015: Fitch
The Monetary Authority of Singapore has further finetuned the guidelines for issuance of covered bonds, and the first covered bonds could hit the market as early as mid-2015.
- COE prices close lower at latest bidding exercise, except for motorcycles
Vehicle certificate of entitlement (COE) premiums largely fell in the latest round of bidding on Wednesday.
- Credit Bureau Singapore shuts online service following website 'defacement'
Credit Bureau Singapore (CBS) on Wednesday said following a "case of defacement" of its website on Monday, it has temporarily shut down its online service for consumers to purchase a copy of their credit report.