The Straits Times - March 06, 2025
The Straits Times - March 06, 2025
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In this issue
March 06, 2025
Two new MRT lines under study; nod for Jurong Region Line extension
If both lines are found to be feasible, up to 10 lines could criss-cross island in the 2040s
4 mins
Silver Housing Bonus to be extended to more private home owners who right-size to HDB flats
Seniors who right-size from a private residential property with an annual value of between $21,000 and $31,000 to a three-room or smaller Housing Board flat will be eligible for the Silver Housing Bonus (SHB) from Dec 1, 2025.
4 mins
First Mount Pleasant BTO project to be launched in October
It will have two-room flexi, three-room and four-room flats, as well as public rental units
5 mins
Taxi operators to be allowed to sell cabs over 3 years old, convert used cars to taxis
Taxi companies will be allowed to sell taxis that are more than three years old — capped at 5 per cent of their fleet per year — and convert used vehicles under five years old into taxis, subject to approval from the Land Transport Authority (LTA).
4 mins
No separate COE category for private-hire cars: Amy Khor
After more than a year of careful study and several debates in Parliament on the matter, the Government has ultimately decided not to carve out a separate certificate of entitlement (COE) category for private-hire cars owned by businesses.
3 mins
China banks on growing private sector, cutting-edge tech as it takes on the US
China has pledged to do more to grow its private sector and cutting-edge technologies in its government work plan for the year, as the world's second-largest economy seeks to consolidate its strengths amid growing tensions with the US.
3 mins
Beijing to spend 7.2% more on defence in 2025
China will set a 7.2 per cent hike in defence spending for 2025, in keeping with annual single-digit increases in the past decade, even as its economy is experiencing a slowdown.
2 mins
Commentary: China and the US Mapping Out Different Paths to Greatness
While Trump calls for change, Premier Li Qiang's message is to do more of the same
3 mins
Panama Canal deal a boost for CK Hutchison but 'worrying' for Hong Kong
Firm says sale is not linked to politics, but it is said to have faced pressure from US, EU
4 mins
Czech minister urges Europe to bring the US closer to Ukraine
Europe must engage the United States in security debates and help find a way to bring it closer to Ukraine after the halt of US military aid to Kyiv, Czech Foreign Minister Jan Lipavsky said on March 4.
2 mins
Investigate Israeli attacks on Lebanon health sector as war crimes: Amnesty
Amnesty International on March 5 said Israel's attacks on ambulances, paramedics and health facilities during its recent war with Hezbollah should be investigated as war crimes.
1 min
Israel's Top Security Agency Admits Failures in Oct 7 Hamas Attack
Israel's top security agency ignored signs that Hamas would attack in October 2023 and was fooled into believing the militant group did not want all-out war, the agency reported in its inquiry into one of Israel's most devastating security failures.
2 mins
Rain, snow offer hope in Japan's worst wildfire in 50 years
Residents hope wet weather will contain blaze that has raged for more than a week
2 mins
Two snail species sighted in S'pore first time in Asia
Likely introduced via horticultural trade, they may pose risk to wildlife, human health
3 mins
Two snail species sighted in S'pore - first time in Asia
Likely introduced via horticultural trade, they may pose risk to wildlife, human health
3 mins
Capping run times among moves to enhance bus safety
Task force also urges wider use of tech and better management of road works
6 mins
Public can look forward to additional green spaces
Areas that will get new parks include Farrer Park, Spottiswoode and Woodgrove
6 mins
MOE urges parental guidance for kids over risky online challenges
Parents have been advised by the Ministry of Education (MOE) to watch over their children, who may attempt trendy online challenges that could be harmful.
2 mins
Ex-pre-school teacher admits ill-treating four children
A former pre-school teacher employed by Kinderland has admitted to ill-treating the children under her charge, with acts that included squeezing open the mouths of two children to force-feed them water.
3 mins
Woman opened 3 bank accounts that received over $7llm
She admitted to carrying out business of providing payment service without licence
3 mins
Cat B COE price up 3.1%; demand expected to stay high
The price of a Category B certificate of entitlement (COE) climbed to $113,000 at the latest tender exercise on March 5, as COE prices rose across the board, except for Category A certificates.
2 mins
Singapore shares rise, avoiding Wall Street's overnight rout
STI edges up 0.2%, with winners on top 338 to 205 Yangzijiang top gainer while DFI Retail leads losers US equities hit as Trump's 'trade reset' rattles investors
1 min
Shopee parent Sea chalks up second consecutive year of profits
Internet company posts record earnings on growth in e-commerce and fintech units
3 mins
ByteDance to Buy Back US Staff Shares at Higher Valuation
ByteDance plans to buy back employee stock at a valuation of about US$312 billion (S$417 billion), a significant mark-up from previous levels that reflects a brightening outlook for Chinese tech shares.
1 min
Retail sales jump 4.5% in January on festive buys, beating expectations
Tills ring in January
2 mins
BOJ Deputy Governor Vows to Keep Raising Interest Rates
Bank of Japan (BOJ) deputy governor Shinichi Uchida said the central bank can proceed with interest rate hikes at a pace in line with market expectations, keeping alive views that there is a chance of a near-term increase in borrowing costs.
3 mins
Australia's Economy Turns the Corner as Households Spend More
Australia's economy picked up the pace in the final three months of 2024, boosted by a revival in household spending, though the outlook remains clouded by persistent inflation at home and mounting trade tensions abroad.
2 mins
Kwek clan's decision on family feud will be critical to CDL's future
With 49% holdings, the wider family holds key to true resolution of father-son tussle
4 mins
The Covid-19 Pandemic: Five Years On: Are We Safer Now?
The harsh reality is that global guard rails have weakened even as the risks of the next pandemic have not.
6 mins
Asia needs a game plan for a world upended by Trump
Developments in recent weeks could send various countries into a tailspin. But they could also forge new alliances.
4 mins
Ports, politics and peace: The engineering of stability
Infrastructure shapes global leverage, forging interdependence in ways both subtle and stark.
4 mins
Abuse Strengthening early childhood education may help protect at-risk children
The tragic case of four-year-old Megan Khung – fatally abused by her mother and her partner – exposes deep gaps in the systems meant to protect vulnerable children (Couple abused 4-year-old girl for more than a year, burned her body after she died, Feb 28).
1 min
Letter of the day Retirement is more than just being financially prepared
Retirement planning has often been framed around hitting specific savings targets - from $550,000 for basic living expenses to over $1 million for a more comfortable lifestyle (Prescribing retirement sum can have unintended consequences, March 4).
1 min
Pre-schools: Ensure the right conditions for kids' development
A recent local study published in Early Childhood Research Quarterly links the amount of time spent in childcare beyond 40 hours with lower scores on literacy and numeracy assessments among 2,330 children aged three to six (English and maths scores suffer when pre-schoolers spend over 40 hours a week in childcare: Study, Jan 11).
2 mins
IN THE MOOD FOR MOOR LOVE
Thedoctoroflove gives former Kranji jockey live shot at fifth Group 1 at only 3rd NZ visit
3 mins
March 5 KL trackwork by horses running in March 9 meeting
Winners hailing everywhere from ex-Macau trainer - two at races, ditto at barrier trials
2 mins
Original Copy can double the dose
(4) WINTER WARFARE was only modest on debut. He did a lot better in his second start and can go one better this time.
4 mins
Alcaraz, chasing 3-peat, to go with Indian Wells flow
Carlos Alcaraz will take a softly-softly approach as he vies to become just the third man to win three straight titles at Indian Wells, where he could find a member of that exclusive club, Novak Djokovic, standing in his way in the quarter-finals.
2 mins
Ex-Jaguar gets 30-month ban, $2k fine for violent conduct
Former Tanjong Pagar United player Aniq Rizqin has been handed a 30-month ban by the Football Association of Singapore (FAS) and fined $2,000 after he was found guilty of two counts of violent conduct.
2 mins
Sociedad Can Add To Woes At United
Both teams have struggled domestically ahead of their Europa League last-16 clash
3 mins
Arsenal Could Return
Gunners, Newcastle, Milan have held talks to play pre-season friendlies in Singapore
3 mins
Lessons from a desert oasis
The tiny emirate of Sharjah has built up significant cultural capital by hosting the Arab world's biggest contemporary art event
6 mins
Streaming Sneaks Relatable royalty and superheroes in March
Netflix's Daredevil (2015 to 2018) was one of the most acclaimed superhero shows of its era, its first season earning a 99 per cent critics' rating on review aggregation site Rotten Tomatoes.
2 mins
Idol reality show Chuang Asia 2 Undergrad Whylucas eyeing a spot in new boy band
The 22-year-old is the only Singaporean and ranks No. 14 out of 60 contestants from around Asia
2 mins
The Straits Times Newspaper Description:
Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
Unlock your access to award-winning journalism on Singapore and the world. With bureaus in major cities around the world, The Straits Times correspondents bring world news to readers on a Singapore platter, helping them appreciate world events from a Singaporean perspective.
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