Increasing oversight on banks

Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Second Reading of the Banking (Amendment) Bill 2019 (Bill No. 35/2019) Introduction Sir, I stand in support of the Bill. The amendments, which update the Banking Act have been through two rounds of consultations. The MAS has also published a detailed response to feedback received on the proposed amendments. I commend the transparency and rigour of MAS’ consultation process. I am heartened that increasingly we see not just public consultations on Bills but also detailed responses to the feedback received.....

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Taking a strong stance on global warming

SPEECH BY ER DR LEE BEE WAH, MP FOR NEE SOON GRC, AT THE SECOND READING OF THE RESOURCE SUSTAINABILITY BILL IN PARLIAMENT   Mr Speaker Sir We need to take a strong stance on global warming. We cannot afford to leave it to future generations to worry about. I’m glad to hear that we are both planning for climate change and rising sea levels; and doing our best to use resources sustainably. PM has announced that we want to cut waste sent to landfill by 30%.....

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Supporting harsher punishment for reckless driving

SPEECH BY ER DR LEE BEE WAH, MP FOR NEE SOON GRC, AT THE SECOND READING OF THE ROAD TRAFFIC (AMENDMENT) BILL IN PARLIAMENT ON 8 JULY Mr Speaker Sir, Road traffic casualties often have severe implications on victims and their families. If the victim is injured, it means that he has to take time off work, which could result in loss of income or employment. In more serious cases when the victim sustains a disability,....

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Giving Back: By Nee Soon, For Nee Soon

In the spirit of giving back to the community, FutsalArena @ Yishun Ltd, a social enterprise which runs the Nee Soon Sports Centre, gave back its surplus of around $250,000 to needy residents within Nee Soon GRC on 28 April. Beneficiaries from 1,160 needy families spread across Nee Soon GRC’s five constituencies received $200 worth of NTUC FairPrice vouchers each. This will go some way in helping them cope with their daily expenses. The beneficiaries were also hosted to lunch and a series of entertaining performances during the event.....

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