Daily Briefing: HDB to ramp up BTO flat supply ahead of launch; Singapore demands return of army vehicles from Hong Kong
And here's why a university degree is no longer a golden ticket to success.
The Housing and Development Board (HDB) is looking at ways on how it can advance the construction work of some Build-To-Order (BTO) projects and build them ahead of their sales launches. This is to provide some flats with shorter waiting times to cater to couples in urgent need of new homes. Read full story here.
Singapore on Monday demanded the immediate return of nine armoured troop carriers impounded by Hong Kong while in transit from Taiwan, calling the seizure illegal under international law. The November seizure of the Terrex vehicles by Hong Kong customs has triggered a row also involving China, which has sovereignty over Hong Kong and considers Taiwan a renegade island awaiting reunification. Read more here.
In recent years, the idea that everyone should strive towards attaining a university degree has become a focus of debate for education in Singapore. Unlike the 80s and 90s, having a degree these days no longer guarantees one a high paying job. According to recent statistics published by the Ministry of Manpower (MOM), the graduate unemployment rate is currently 4.3% in Singapore, the highest since 2009. But here's why a university degree is no longer a golden ticket to success.