Monday, July 29, 2013

AGC drops action against cartoonist under Sedition Act

AGC drops action against cartoonist under Sedition Act

    POSTED: 29 Jul 2013 3:15 PM
 
Singapore's Attorney-General's Chambers (AGC) said it will not be taking further action against Chew Peng Ee, also known as Leslie Chew, for offence under the Sedition Act.

SINGAPORE: Singapore's Attorney-General's Chambers (AGC) said it will not be taking further action against Chew Peng Ee, also known as Leslie Chew, for offences under the Sedition Act.

It said the public prosecutor arrived at the decision after reviewing the evidence in the investigation papers that the police submitted.

Chew was arrested on 19 April 2013 as part of investigations into whether he had committed offences under the Sedition Act for his publication of the comic series "Demon-cratic Singapore" on Facebook.

He was released on bail on 21 April 2013, and has remained on bail since.

With the AGC's decision on Monday, his police bail will be allowed to lapse, and his passport, which was surrendered as a condition of bail, will be returned to him.

AGC said Chew was informed of the decision earlier Monday.

However, the legal proceedings against Chew for contempt of court will continue.

In its statement Monday, the AGC reiterated that issues related to a pending case before a court should be discussed within the court itself.

- CNA/xq

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Private home resale prices down for second straight month

Private home resale prices down for second straight month

    POSTED: 29 Jul 2013 10:17 PM

Resale prices of private homes slipped 0.4 per cent in June from May, the second straight month of declines.

SINGAPORE: Resale prices of private homes slipped 0.4 per cent in June from May, the second straight month of declines.

In May, resale home prices edged 0.2 per cent lower from a month earlier.

The price dip in June was largely due to price falls in the central region and small units, according to the latest Singapore Residential Price Index (SRPI) flash estimates published by the National University of Singapore's Institute of Real Estate Studies on Monday.

Prices of private homes within the central region fell by 1.5 per cent in June, reversing the gains it recorded in May.

Meanwhile the price of small units, defined as 506 square feet or less, continued their month-on-month decline, falling 1 per cent in June, after May's 1.3 per cent decline.

In contrast, prices of resale homes in the non-central region rose 0.5 per cent, up from May's 1.5 per cent drop.

Nicholas Mak, the executive director for research and consultancy at SLP International Property Consultants, noted that the price index for shoebox apartments peaked in April and was slowly retreating as investors grew more cautious about investment potential.

He also added that in the first half of 2013, the SRPI varied between a narrow range of 158.2 and 163.0, which suggested that private resale prices may be hitting a plateau.

Recent quarterly figures from the Urban Redevelopment Authority (URA) showed a slight increase in prices for private homes.

According to the URA, prices for private residential properties rose 1 per cent in the second quarter of 2013, higher than the previous quarter's 0.6 per cent growth.

- CNA/nd

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- Source: Internet


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Om Mani Padme Hum

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