21st December, Friday
Government
Data Protection Act to come into force on Jan 2 Source: Business Times The Personal Data Protection Act (PDPA) will kick in on 2 January next year, alongside a newly formed Personal Data Protection Commission (PDPC) and its advisory committee, the Ministry of Communications and Information (MCI) said Thursday. From the time the Act kicks in, companies will have at least 18 months - until mid-2014 - to comply with the PDPA. This Act, which was passed in Parliament on 15 October 2012, is aimed at preventing the misuse of personal information. It will govern how businesses collect, use, protect, correct and provide access to personal data. The Do Not Call (DNC) registry, which falls under the PDPA, will come into force at least 12 months after the law comes into effect, in early 2014. Individuals will be able to sign up with the registry in order to opt out of receiving marketing messages. Firms and organisations will have to check individuals' numbers against the registry before sending them messages that might be construed as having a marketing purpose. Under the Act, firms that contravene the data protection and DNC provisions will be fined up to $1 million and $10,000 per offence, respectively.
Links to the story: http://www.businesstimes.com.sg/print/375629 http://www.straitstimes.com/st/print/692798 http://www.channelnewsasia.com/stories/singaporelocalnews/print/1243740/1/.html
Residential
Forestville EC open for e-applications Source: Today All 653 units of the Forestville Executive Condominium (picture) located at Woodlands Avenue 5/Woodlands Drive 16 will be open for e-application from today until 26 December. The project, conceptualised by MCC Land, comprises 14 blocks of 13-storey apartments, with 22 two-room, 294 three-room, 96 three-room dual-key, 83 four-room, 93 four-room dual-key, 24 five-room units and 12 five-room dual-key. There will also be 29 penthouse units and about 30 per cent of them will be dual-key units. For second-time buyers, there will be 195 units available from the 30 per cent quota allowed. The selling price is about S$700 psf. Balloting will be carried out on 28 December. TOP is estimated to be in mid 2016.
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