Parliament on Monday (May 11) passed laws to regulate third-party taxi booking apps and drones, as well strengthening MAS' supervisory powers against money laundering & terrorism financing. Six Bills were also introduced, including the Insurance (Amendment) Bill and the Bankruptcy (Amendment) Bill.
PM Lee speaks on housing, transportation, construction sector
POSTED: 28 May 2014 16:20
PM Lee Hsien Loong on Wednesday joined in the debate on President Tony Tan's address in Parliament by reiterating the govt's goal of developing a "fair and inclusive society". He went on to recap the progress made since 2011. He said the housing situation is now "under control". On public transportation, he said Singaporeans can expect more buses and routes, as well as improvements to the train system. In the construction sector, the govt will reduce quotas, raise levies, increase productivity, and defer over S$2b in projects to spread out demand for construction workers.