Culture, Community and Youth Minister Edwin Tong stated in parliament that it would not be in the public interest for a proposed transaction involving Income to proceed due to concerns about the company’s ability to fulfill its social mission. The government supports Income finding a strong partner for long-term financial sustainability, but the current deal lacks provisions to ensure the social mission is upheld. While the transaction will not go forward, the government is open to new arrangements as long as the issues raised are addressed, and there will be amendments to the Insurance Act to clarify MCCY’s role in such matters.
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How quick-thinking workers helped rescue driver of car that fell into Tanjong Katong sinkhole
On July 26, quick-thinking workers near a sinkhole on Tanjong Katong Road South rescued a woman trapped in her car by using a rope. The woman, who was uninjured and later taken to the hospital, was able to walk and is undergoing further check-ups, with authorities commending the workers for their bravery and prompt action.https://www.youtube.com/watch?v=oRpeZfyOgNAhttps://www.youtube.com/watch?v=l1bi7CwR7Twhttps://www.youtube.com/watch?v=ULLE2pIPelE Want More Context? 🔎
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