Daily Briefing: Singapore liquor control bill passed into law; Property owners responsible for fire insurance

And Singapore bank lending falls in December.

Singapore's Parliament on Friday passed a bill that will ban retail sales and public drinking from 10.30pm to 7am islandwide into law. The law is expected to take effect in April. View more here.

The onus is on property owners to ensure they have the financial means to repair and restore their properties if they are damaged in a fire, the Ministry of National Development said in Parliament today. View more here.

Total bank lending in Singapore fell in December to S$607.96 billion from $608.12 billion in November, the Monetary Authority of Singapore (MAS) revealed in its latest monthly statistical bulletin. View more here.

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