Our Updates
Our Updates
2112
PEP Suggestions received to-date1256
Changes made in Rules and RegulationsSynopsis:
From five to only one agency. That’s how five agencies worked to streamline and standardise their requirements on publicity banners on lamp posts along Orchard Road and the Civic District.
The PEP Secretariat had received feedback about the tedious application process to put up publicity banners on lamp posts in these two areas. Clearances from five different agencies were required as each of them looks after a specific segment of the area and has slightly different requirements on the dimensions and design of the banner.
All five agencies came together to streamline their requirements. With effect from 1 Jan 2018, the LTA is the only agency you need to approach for banners’ application along Orchard Road and the Civic District.
Synopsis:
By extending the Major Exporter Scheme (MES) renewal application from 3 to 5 years, IRAS was able to slash compliance cost for businesses by more than 40% for more than 1,700 businesses across 8 industries.
IRAS implemented the Major Exporter Scheme (MES) to ease the cash flow of businesses that import and export non-dutiable goods substantially. However, the well-meaning MES policy was burdensome to implement. Businesses had to verify their past GST reporting via an Assisted-Self-Help Kit, which also required certification from qualified tax professionals.
After receiving a suggestion to review the requirements, IRAS extended the validity period for MES renewal application from 3 to 5 years.
The PEP Secretariat received a suggestion, asking to allow the sale and supply of General Sales List Medicines and Products i.e. common and safe products, via vending machines as well. They are traditionally only sold over the counter.
Together with the Health Sciences Authority, the previous regulations were reviewed which paved the way for the sale and supply through innovative methods such as vending machines. This new business model provides greater convenience to consumers and saves costs as it does not rely on heavy manpower.
The PEP Secretariat facilitated a discussion between the NEA and a start-up company to seek NEA’s approval for the registration of its organic, non-chemical based pesticide for the past 2 years.
The company was of the view that it had completed all that NEA had asked for, including tests and studies that NEA required, and it was therefore ready to launch the product. The PEP Secretariat facilitated the discussion between various agencies, including NEA as well as clarified NEA’s assessment with the company. A list of experts which the company could work with to further develop its product was also provided.