BANKRUPTCY OF CRYPTOCURRENCY TRADING PLATFORM FTX AND IMPACT ON SINGAPORE’S FINANCIAL MARKETS, REGULATION OF SUCH ASSET CLASS AND STRATEGIES OF SINGAPORE’S INVESTMENT ENTITIES

9 Ms He Ting Ru asked the Prime Minister (a) whether MAS will consider leading a specific study into the regulatory lessons to be learnt from the collapse of cryptocurrency exchanges such as Terra and FTX; and (b) whether there needs to be tighter requirements to ensure the stability of regulated cryptocurrency exchanges in Singapore. 10 Mr Dennis TanContinue reading “BANKRUPTCY OF CRYPTOCURRENCY TRADING PLATFORM FTX AND IMPACT ON SINGAPORE’S FINANCIAL MARKETS, REGULATION OF SUCH ASSET CLASS AND STRATEGIES OF SINGAPORE’S INVESTMENT ENTITIES”

INCLUSION OF DATA FROM “BUY NOW, PAY LATER” AND LICENSED MONEYLENDER ARRANGEMENTS IN CONSUMER CREDIT REPORTS

Mr Gerald Giam Yean Song asked the Prime Minister (a) whether credit payment data from “Buy Now, Pay Later” (BNPL) arrangements and licensed moneylenders are included in consumer credit reports; (b) what are the considerations for their inclusion or non-inclusion; and (c) what is MAS doing to step up consumer education about the debt risks of takingContinue reading “INCLUSION OF DATA FROM “BUY NOW, PAY LATER” AND LICENSED MONEYLENDER ARRANGEMENTS IN CONSUMER CREDIT REPORTS”

EXPANDING LIST OF REGISTRABLE BASIC MEDICAL QUALIFICATIONS TO INCREASE POOL OF QUALIFIED SINGAPOREAN DOCTORS

Mr Gerald Giam Yean Song asked the Minister for Health whether the Ministry will consider (i) reviewing and expanding the list of registrable basic medical qualifications to include more medical schools and (ii) setting up a system to convert overseas Singaporean doctors that currently have non-registrable qualifications but who can demonstrate the necessary knowledge to render theContinue reading “EXPANDING LIST OF REGISTRABLE BASIC MEDICAL QUALIFICATIONS TO INCREASE POOL OF QUALIFIED SINGAPOREAN DOCTORS”

CHECKS ON WORK SITES TO ENSURE CLEARANCE OF LAND IS IN ACCORDANCE WITH REGULATIONS

Mr Gerald Giam Yean Song asked the Minister for National Development (a) whether there has been a step up in checks on work sites to ensure any clearance of land is done in accordance with regulations; and (b) how does the Ministry intend to ensure that upcoming projects, such as the Bayshore housing projects, will have theContinue reading “CHECKS ON WORK SITES TO ENSURE CLEARANCE OF LAND IS IN ACCORDANCE WITH REGULATIONS”

TIME TAKEN FOR ANTI-SCAM CENTRE TO INVESTIGATE CASES

The following question stood in the name of Assoc Prof Jamus Jerome Lim – 5 To ask the Minister for Home Affairs (a) what is the (i) average (ii) longest and (iii) shortest time it takes for the Anti-Scam Centre (ASC) to investigate scam cases thus far; and (b) does the ASC provide guidance to individuals whoContinue reading “TIME TAKEN FOR ANTI-SCAM CENTRE TO INVESTIGATE CASES”

LOWERING SINGAPORE’S VOTING AGE TO 18

Mr Gerald Giam Yean Song asked the Prime Minister whether there has been any reconsideration of lowering the voting age to 18 years. Mr Chan Chun Sing (for the Prime Minister): The considerations for keeping our voting age at 21 have not changed. The replies to questions from Dr Lim Wee Kiak and Ms He Ting Ru thatContinue reading “LOWERING SINGAPORE’S VOTING AGE TO 18”

UPDATE ON FRESH CHICKEN SUPPLY FROM MALAYSIA AND EXPECTED IMPORTS FROM INDONESIA

Mr Gerald Giam Yean Song asked the Minister for Sustainability and the Environment (a) what is the Ministry’s assessment and update on the fresh chicken supply from Malaysia; and (b) when does the Ministry expect imports of fresh chicken to come in from Indonesia. Ms Grace Fu Hai Yien: Live broiler chicken imports from Malaysia have resumed sinceContinue reading “UPDATE ON FRESH CHICKEN SUPPLY FROM MALAYSIA AND EXPECTED IMPORTS FROM INDONESIA”

DATA ON FAMILIES OWNING MORE THAN ONE CAR

Mr Gerald Giam Yean Song asked the Minister for Transport how many households currently own (i) one car (ii) two cars and (iii) three or more cars, including cars owned by different members of the same household.  The Minister for Transport (Mr S Iswaran): Mr Speaker, as of 31 October 2022, about 471,000 households own cars. OfContinue reading “DATA ON FAMILIES OWNING MORE THAN ONE CAR”

OWNERS OF HDB SHOPHOUSES WHO RENT OUT THEIR UNITS

Mr Gerald Giam Yean Song asked the Minister for National Development (a) how many owners of HDB shophouses are currently not operating businesses in their shophouse and are renting out their shophouse; and (b) of these, how many are foreigners. Mr Desmond Lee: HDB sold shops in the 1980s and 1990s to promote entrepreneurship and ownership of commercialContinue reading “OWNERS OF HDB SHOPHOUSES WHO RENT OUT THEIR UNITS”

MEASURES TO PREVENT AND MANAGE RISKS FROM CROWD SURGES DURING FESTIVE PERIODS AND PUBLIC EVENTS

Mr Gerald Giam Yean Song asked the Minister for Home Affairs (a) whether the Ministry has identified a list of locations or events in Singapore at risk of crowd surge and stampede situations; (b) what are some of these locations or events; and (c) what are the enhanced safety steps that organisers at these locations orContinue reading “MEASURES TO PREVENT AND MANAGE RISKS FROM CROWD SURGES DURING FESTIVE PERIODS AND PUBLIC EVENTS”