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Daily Debrief: What Happened Today
Patients who buy new riders for Integrated Shield Plans will have to pay 5% of hospital bills
YOU can no longer go to an insurer and buy riders that pay your entire hospital bill, as the Government is rolling back a regime that threatens to make health insurance unsustainable.
Implementing airport levy now avoids large spikes later on: Ng Chee Meng
IMPLEMENTING the airport development levy earlier to help fund the Changi East development avoids large spikes in the sum that users will have to be pay later on, said Second Minister for Transport Ng Chee Meng in Parliament on Wednesday.
Fares likely to rise as Government spends more to improve public transport service standards
Commuters should see public transport service standards rising in the coming years as the Government continues to invest in buses and trains. But they can also expect fares to creep up as well.
Mandatory registration of e-scooters from second half of 2018
E-scooter users will have to register their devices from the second half of this year (2018) as the Government tries to rein in reckless riders.
Private-hire car services Uber and Grab may face regulations and licensing
Private-hire car services Uber and Grab could be regulated in the future, and even subject to licensing, as the Government undertakes a review of the point-to-point transportation sector.
SixCapital applies for liquidation; investors, creditors owed more than US$143m
SIX Capital Investments, which called itself a "fintech" firm and aggressively defended itself against the scrutiny of former employees and investors, has applied to be wound up.
This clause in Noble's restructuring plan is raising concern
As embattled commodities trader Noble Group scrambles to win support for its controversial debt restructuring proposal, one focus among some observers is a clause in the plan that releases the company and its representatives from claims made by senior creditors.
The STI today
STI falls 1.2% on renewed trade war jitters after Cohn's resignation
After opening at 3,467.75, the Straits Times Index (STI) closed at 3,450.69, down 41.23 points, or 1.18 per cent.