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Minister for Transport Raymond Lim announced on 17 May 2008 that all new small buses must be installed with seat belts, and LTA would study if the same need to be imposed on existing buses, and if so, how best to implement seat belts effectively.

Global financial markets have been under severe strain. Banks in developed markets are experiencing significant capital and liquidity constraints.

China’s Vice Premier Wang Qishan and Singapore’s Deputy Prime Minister Wong Kan Seng today announced the successful conclusion of negotiations for the China-Singapore Free Trade Agreement (CSFTA). The announcement was made at the 5th Joint Council for Bilateral Cooperation (JCBC) meeting co-chaired by Vice Premier Wang and DPM Wong in Tianjin, China.

The Office of Commissioner of Charities is seeking feedback on the proposed amendments to the Charities Act. The last amendments to the Charities Act were made in March 2007. The changes then were primarily to incorporate the new charity regulatory model and the various recommendations as proposed by the Inter-Ministry Committee on the Regulation of Charities and Institutions of a Public Character. To facilitate and further enhance the levels of governance and accountability in the charity sector, the Commissioner of Charities is proposing to further amend the Charities Act.

The public consultation by the Competition Commission for Changes to Leniency Programme will be held from 3 September to 3 October 2008. The media release is below.

The Ministry of Manpower (MOM would like to invite feedback from members of the public on the proposed amendments to the Employment Act (EA).

The Government will with immediate effect waive the collection of building premium where lease extensions are granted.

Singapore Exchange Limited (SGX) today announced measures to manage the transition process of Catalist Non-Sponsored (Catalist-NS) companies to the Catalist’s sponsored regime. It was announced on 4 February 2008 that Catalist-NS companies would be given a period of at least two years to undertake this process.

The Advisory Council on the Impact of New Media on Society (AIMS) together with the launch of its new website (www.aims.org.sg) on 29th August 2008 has also released a consultation paper on liberalising the internet for feedback.

The Urban Redevelopment Authority (URA) is gathering public feedback in its review of the planning guidelines for restaurants, food shops and pubs located in non-HDB private shophouses near residential estates.

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