Singapore Local News, 2012-12-31

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Expect slower growth, and embrace right values, says PM Lee in New Year message The Republic must expect slower growth in the next year, but must continue to raise productivity and embrace the right values, said PM Lee in his New Year message to Singaporeans. The full text of his message, released today, is reproduced........     800,000 HDB households to receive S$90m worth of GST vouchers About 800,000 Singaporean HDB households can expect to receive S$90 million worth of GST Voucher-Utilities-Save (U-Save) rebates in January 2013. An eligible Singaporean household can receive one U-Save voucher of up to S$130........ Electricity to cost less in first quarter of 2013 The cost of household electricity here will decrease in the first quarter of 2013 on the back of lower fuel prices. For the period from 1 Jan to 31 Mar 2013, electricity tariffs will decrease by an average of 3.7 per cent, Singapore........

Productivity schemes to better help SMEs The Ministry of Trade and Industry (MTI) will announce several recommendations over the next six months to help small and medium enterprises (SMEs) achieve the country's long-term productivity growth target of 2 to 3 per cent........     URA investigating sale of Forestville EC units The Urban Redevelopment Authority (URA) said it is still investigating the proposed sale of Forestville executive condominium (EC) on 28 December...... S'pore politicians extend well wishes for new year Singapore's Emeritus Senior Minister and Member of Parliament (MP) for Marine Parade Group Representation Constituency (GRC), Mr Goh Chok Tong said his wish for 2013 is simply that it will be a better year for the world and Singapore...... S'pore rocked by spate of sex scandals in 2012 2012 has been a year of sex scandals in Singapore...... S'pore economy grows 1.2%: PM Lee Singapore's economy grew 1.2 per cent this year, hurt by weak US, European and Japanese economies, said Prime Minister Lee Hsien Loong in his New Year message on Monday...... RSN's second Archer-class submarine back in S'pore The Republic of Singapore Navy's (RSN) second Archer-class submarine is back from Sweden...... Electricity tariffs to be lowered Electricity tariffs will be reduced by an average 3.7 per cent from January to March 2013...... 800,000 HDB households to receive S$90m worth of U-Save vouchers About 800,000 Singaporean HDB households can expect to receive S$90 million worth of GST Voucher - Utilities-Save (U-Save) rebates in January 2013......