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Singapore News

The dynamic city Singapore attracts people from all over the world. Singapore is a place that is full of various kinds of small and large events throughout the year. Singapore, the land with diverse cultures, traditions and passions, is rapidly booming as a business centre of Asia. In the South-East Asian region, Singapore is the major headquarter of most of the world-famous news agencies. People from every corner of the world are interested in knowing the latest news of this Island city.

McDonald's Singapore launches Visa card payments through mobile app
McDonald's Singapore's customers who are Visa card holders can now pay for orders delivered to their doorstep through a mobile application. The fast-food giant's Singapore unit launched the payment system - its first in South-east Asia - in partnership with the credit card firm on Monday. To pay for their orders, customers can create an account and register their Visa cards through the McDelivery app. When they place their orders through the app, payment will then be made through the cards. Source :http://www.straitstimes.com/breaking-news/singapore/story/mcdonalds-singapore-launches-visa-card-payments-through-mobile-app-201
Posted on : 2014-02-17
Starbucks opens 100th store here, its first to hire clients from Autism Resource Centre
Starbucks opened its 100th store in Singapore on Friday, and joined a growing list of companies that have hired people with special needs. In its first such partnership, the global coffee chain's store at Fullerton Waterboat House has hired six clients from the Autism Resource Centre (ARC). Starbucks has committed to have ARC clients form at least a quarter of the staff at the store. This is part of an ongoing collaboration with the charity, which began in 2005, to train people with autism and equip them with job skills. One such joint programme that they have launched was the setting up of a cafe training facility for youth with autism in ARC's special education school Pathlight School last year. Tumblers bearing the Starbucks logo that are designed by a student at Pathlight School will also be sold exclusively at the store, with $5 from the sale of each tumbler going to ARC. Source : http://www.straitstimes.com/breaking-news/singapore/story/starbucks-opens-100th-store-here-its-first-hire-clients-autism-resourc
Posted on : 2014-02-14
Rose prices bloom ahead of Valentine's Day
Customers who want to give their wives or girlfriends large roses for Valentine's Day must pay more for them this year. This is because they are in short supply this season, say florists and importers. China, which provided over 80 per cent of all rose imports to Singapore in January last year, suffered its worst winter in 28 years last month. More than half of the rose crops in Kunming, the capital of Yunnan province, were destroyed amid heavy snowfall, said Mr Soh Yee How, managing director of retail florist Xpressflower.com. Source : http://www.straitstimes.com/breaking-news/money/story/rose-prices-bloom-ahead-valentines-day-20140213
Posted on : 2014-02-13
New London bus in Singapore
YOU are not seeing things. This is a London bus on Singapore roads. The British High Commission is showcasing the country's new Routemaster model, which is in the Republic for a month as part of a world tour to promote the country. Its stops over the weekend included Suntec City and the Conrad Centennial Singapore hotel. The double-decker is a diesel-electric hybrid. It has both a diesel engine and an electric motor powered by a lithium battery pack that is recharged when the bus is cruising or braking. It is wheelchair-accessible and has two staircases. Bus enthusiast Christopher Tan, 25, was among the first to ride the iconic vehicle here."It is more comfortable than our double-deckers here," said the restaurant manager and freelance photographer. Source : http://www.straitstimes.com/breaking-news/singapore/story/new-london-bus-singapore-20140211
Posted on : 2014-02-12
MAS relaxes debt servicing rules for some home owners refinancing loans
The Monetary Authority of Singapore (MAS) has relaxed a major curb on home loans to allow more home owners and investors to refinance their existing mortgages. The revised rules will only apply to home owners who are refinancing loans for homes that were bought before the TDSR came into effect on June 29 last year. The MAS will exempt home owners from the Total Debt Servicing Ratio (TDSR) if they are refinancing their loan for the property they live in, even if they own other properties and are servicing other home loans, it said on Monday. The TDSR prohibits borrowers from taking or refinancing home loans that bring their total monthly debt repayments to over 60 per cent of their gross monthly incomes. Source :http://www.straitstimes.com/breaking-news/money/story/mas-relaxes-debt-servicing-rules-some-home-owners-refinancing-loans-201402
Posted on : 2014-02-11

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