AHPETC sees red again for governance, arrears management
MND says the town council failed to submit its monthly S&CC arrears report
Singapore
DAYS after the apex court ordered the appointment of external auditors at the Workers' Party-led town council, the Aljunied-Hougang-Punggol East Town Council (AHPETC) has again been slapped with the worst banding in service and conservancy charges (S&CC) arrears management and corporate governance, the latest Town Council Report showed on Tuesday.
This is the fourth time in a row that the town council has been banded "red" for S&CC arrears management, and the third straight time for corporate governance.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month
Chinese firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data