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USD/SGD: Most overbought in 5 months after Singapore retail sales data

SLA moves to plug gap in pinpointing location for at-risk persons such as dementia patients

SINGAPORE - Current satellite technology such as the Global Positioning System (GPS) that can track the whereabouts of dementia patients or special needs individuals are often imprecise with a margin of error of up to 10m, meaning the person one is looking for could be on the opposite side of the road or in a different building. The Singapore Land Authority (SLA) is now trying to plug the distance gap with a competition dubbed the GNSS Innovation Challenge, which will be launched on Thursday (Feb 25). Working together with private space-technology company Singapore Space and Technology Limited (SSTL), SLA wants tertiary students to develop a small enough device, worn on the wrist, that can more accurately pinpoint where the wearer is, with a margin of error of less than a metre.

Household income falls for first time since 2009

Lawyers see rise in 2020 family law cases due to Covid-19

Senior family lawyers reviewing their 2020 caseloads saw a rise in divorce applications, maintenance payment issues and personal protection cases against the backdrop of the Covid-19 pandemic year. Other noticeable family law concerns included access to children, and cross-border-related issues that arose from domestic and international Covid-19 restrictions. While we do not yet have the exact figures from the Department of Statistics Singapore, it would not be surprising if the number of divorce cases increased last year, said family law lecturer Tricia Ho Wei Jing from the Singapore University of Social Sciences. Conditions created by Covid-19 exacerbate family tensions, especially with the circuit breaker period confining the family unit in the same space for weeks, she said.

Here s what your CPF full retirement sum might look like when you re 55

January 10, 2021 Pixabay In Singapore, we’re trained to think about our long-term future and retirement from the day we start working. This is when we see regular contributions from our monthly wage going into our CPF, namely the Special Account (SA). While our CPF contributions also go into our Ordinary Account (OA) and Medisave Account (MA), these accounts can be used to pay for the downpayment and mortgage of our home, tuition fees for our loved ones and certain insurances such as the Home Protection Scheme (HPS) and Dependent Protection Scheme (DPS) via our OA and medical treatments and procedures as well as MediShield and Integrated Shield Plans (IP) via our MA.

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