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If rents are too high, stallholders could move: Desmond Lee on multimillion-dollar coffee shop resale prices

SINGAPORE - The Housing Board regularly monitors the resale market for HDB coffee shop transactions, as well as the prices of food, and "will not hesitate to review its policies to address affordability concerns", said National Development Minister Desmond Lee. Mr Lee was replying via written response on Tuesday (July 5) to parliamentary questions on efforts to keep food prices.

HDB will review policies for coffee shop food affordability if necessary: Desmond Lee

SINGAPORE - HDB regularly monitors the resale market for HDB coffee shops, as well as the prices of food, and "will not hesitate to review its policies to address affordability concerns", said National Development Minister Desmond Lee. Read more at straitstimes.com.

SPH Media Trust to get up to $180m a year in government funding for next five years

Singapore News - SPH Media Trust (SMT) will get government funding of up to $180 million annually over the next five years, and the company will be required to provide half-yearly progress updates, Minister for Communications and Information Josephine Teo told Parliament on Tuesday (Feb. Read more at www.tnp.sg

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