China Will More Likely Grow Rich Before It Grows Old

A large sinkhole opened on Tanjong Katong Road South in Singapore on July 26, causing a car to fall in and leading to the hospitalization of the driver. The Building and Construction Authority is conducting ongoing monitoring and an independent investigation into the incident, which may take months, as it occurred near a PUB worksite where a caisson ring failed during construction. Want More Context? 🔎

The Land Transport Authority (LTA) of Singapore announced a 2.6% increase in the supply of Certificates of Entitlement (COEs) for the period from August to October, raising the total to 18,701. Bidding under this new quota will commence on August 4, with significant increases in Category E and adjustments based on vehicle deregistrations and population changes anticipated. Want More Context? 🔎

SINGAPORE: The Ministry of Law announced board appointment changes at the Singapore Land Authority, appointing Loh Lik Peng as chairman and filmmaker Boo Junfeng as a new board member. The outgoing chairman, Yeoh Oon Jin, was recognized for his contributions, including advancing digital processes and community-focused property transformations. Want More Context? 🔎

A taxi driver in Singapore, Huzairi Hamzah, was fined S$2,500 for endangering safety by shining a laser pointer at a shuttle bus, distracting the driver and causing blurry vision while ferrying 30 passengers. The incident occurred on August 28, 2024, and was captured on CCTV; Huzairi initially denied intent but later pleaded guilty, facing a potential fine of up to S$2,500 or six months in jail. Want More Context? 🔎

SINGAPORE: Rising rental costs are causing beloved small businesses like Flor Patisserie to close, igniting public sadness and anger. While retail rents appear stable according to the URA's index, many landlords opt for prolonged vacancies over leasing to independents, raising concerns about the impact on community vibrancy and the unique character that small businesses provide.https://www.youtube.com/watch?v=kv4d8UybPYo Want More Context? 🔎

Read a summary of this article on FAST.SINGAPORE: IAEA Director General Rafael Mariano Grossi emphasized the potential for Southeast Asian nations, particularly Singapore, to adopt nuclear energy, citing its robust technology base and regulatory framework. During his visit, he signed a renewed agreement with Singapore to enhance nuclear expertise in developing nations, while addressing public concerns stemming from past nuclear disasters.https://www.youtube.com/watch?v=DODx8ijpIeE Want More Context? 🔎