My Paper Official Singapore News Source

newspaper
top-stories
March 26, 2022
15146 views

Sentosa Gets First Road Bike Lanes

The city-state of Singapore has announced plans to construct the Marina Gardens Condo first on-road cycle lanes. These green bike lanes will provide cyclists with safe routes along the busy roads of the island. A network of metre-wide paths is being built along another stretch of Allanbrooke Road. The development will add to the existing cycling network, which is already popular among pedestrians. The project is expected to take about two years to complete.

In addition to providing a more convenient mode of transportation for cyclists, the new cycling network will help people stay healthy. By adding on-road cycling lanes, …

newspaper
top-stories
March 26, 2022
12368 views

Online Shopping Taking Toll Orchard Road

Orchard Road is one of Singapore’s most iconic shopping streets. Its 8 million square feet of retail space is equivalent to 103 football fields. However, it has been facing a serious challenge of competition from online retail. In fact, Orchard is suffering from “cannibalism” from online shopping – an unprecedented level of competition between brick-and-mortar stores. Luckily, there are a number of ways for consumers to get the same experience, without having to pay the high rents that many retail spaces have to pay.

Last year, Singapore’s economy grew by 5%, but the Orchard Road shopping district is not thriving …

newspaper
top-stories
March 26, 2022
11929 views

Back Class Chinas Rich Kids Learn Responsibility

China has a high number of billionaires, second only to the United States, and an enterprising company has set up a course to help the country’s rich kids learn responsibility. The school’s curriculum is a “mini MBA” at China Britain Financial Education, and the students have been taught fiscal discipline and philanthropy. The children were sent to the school after raising a total of $25,000 to raise the money.

The fuerdai have become a major problem, which is why Xi’s administration has taken steps to reign in the fuerdai, or the kids of billionaires. The government ordered over 70 kids …

newspaper
top-stories
March 26, 2022
9194 views

Parents Go Tuition Help Their Kids

It’s important for parents to help their children pay for college. When a child is born, they begin to think about their future and start saving for college. Some parents start saving immediately, while others wait until their child is in high school. Regardless of the reason, parents should consider these tips. The goal is to create a long-term savings plan that will last through college. There are numerous ways to go about this.

While parents don’t have a legal obligation to pay for college, some financial assistance is available. One way is by applying for a Parent PLUS Loan. …

newspaper
top-stories
March 26, 2022
11228 views

Condo Design Blamed for Dengue Cases

The number of dengue cases in Singapore is increasing by the day, with the latest study showing that condos and low-rise housing are responsible for a large percentage of these outbreaks. A recent study of low-rise housing found that dengue incidence was positively correlated with the proportion of low-rise buildings. The same study showed that high-rise buildings tended to have higher dengue incidence and lower rates of bacterial and viral infection.

The link between urban housing and dengue cases in Singapore was first documented in the 1960s. A study in Singapore showed that slum houses and multi-story buildings had the …

newspaper
Home Insurance , Investment
March 25, 2022
11112 views

How Covid 19 Affect Bank Interest Rates

How does Covid 19 affect bank interest rates? The current global economic crisis has been a major cause of financial instability, affecting millions of people and causing thousands of deaths. The virus has also impacted businesses and stock markets, with a 5.2% GDP dip expected in 2020. In addition, per capita incomes in many developing countries have decreased by more than half. These effects on banks are a direct result of increased credit risk for loans, stressed deposit inflows and outflows.

In the United Kingdom, China, India, Japan, and Brazil, abnormal changes in interest rates were statistically significant. In contrast, …