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Singapore Monitors Car-Leasing Sector, May Tighten Regulations on Motor Vehicle Loans

Singapore Monitors Car-Leasing Sector, May Tighten Regulations on Motor Vehicle Loans

The Singapore government is monitoring the financial struggles of car-leasing firms and may tighten regulations on motor vehicle loans to manage any potential abuse, according to Acting Transport Minister Jeffrey Siow. This comes in response to concerns about the impact of fleet sales and high debt levels within the sector, particularly regarding their potential effect on COE prices. The government assures that it will take action if necessary to protect consumers and maintain market stability.
11 hours ago
Workers' Party Disciplinary Panel Seeks Member Input on Pritam Singh's Case

Workers' Party Disciplinary Panel Seeks Member Input on Pritam Singh's Case

The Workers' Party is seeking input from its members on the matter concerning secretary-general Pritam Singh, who was recently convicted of lying to Parliament. The party's disciplinary panel, comprised of current and former MPs, is contacting members via email to gather their views. This represents a departure from the party's 2021 approach in the Raeesah Khan case. The situation has implications for the party's leadership and its role in opposition.
11 hours ago


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