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Home  >>   Daily News  >>   Singapore News  >> Investment  >> The Housing & Development Board (HDB) is setting aside about S$1.5 million to help 3,000 shops

NEWS UPDATES Asean Affairs   30 April 2013  

The Housing & Development Board (HDB) is setting aside about S$1.5 million to help 3,000 shops island-wide enhance their business vibrancy and competitiveness.

SINGAPORE: The Housing & Development Board (HDB) is setting aside about S$1.5 million to help 3,000 shops island-wide enhance their business vibrancy and competitiveness.

This is the fifth batch of shops to benefit under HDB's Revitalisation of Shops Scheme and is rolled out in response to the numerous requests from the Merchants' Associations, following the success of the earlier four ROS batches.

The scheme is part of the government's on-going measures to help HDB retailers.

Started in November 2007, the scheme has benefitted 4,500 shops, covering about 50 per cent of our town and neighbourhood centres.

Under the scheme, retailers can get co-funding for upgrading of common area, promotional events and rent-free periods for tenants to renovate their shops.

For promotional events, HDB will co-fund up to 50 per cent of the expenditure for promotional events organised by merchant associations to attract consumers.


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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

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