year and spouses from 1 January 2005, as well as two-day childcare leave for each parent from 1 October. September 1 September - Punggol Plaza managed by Koufu and NTUC Fairprice is officially opened and connected to Coral Edge LRT Station in Punggol, Singapore. 2 September - The Media Development Authority allows the sale of Cosmopolitan, a women-oriented magazine, coming after a 22-year ban since 1982 on the grounds of nudity. However, the magazine will be shrink-wrapped with the label 'Unsuitable for the Young' to protect vulnerable consumers. 15 September - Tiger Airways launches its first flights. At the same time, a new low cost terminal will be built by 2006, with Tiger Airways being the first to use the terminal when it opens. 17 September - In a bid to stem losses, MediaCorp and Singapore Press Holdings (SPH) announced the merging of their media operations. A new holding company MediaCorp TV will be created with MediaCorp owning 80 percent and SPH holding the remaining 20 percent. In addition, MediaCorp Press will continue to be owned by MediaCorp; holding a 60 percent stake with 40 percent to be sold to SPH. Channel i will be reviewed for commercial viability while Streats will be merged with Today. 23 September - VivoCity, formerly known as the HarbourFront Mall, is unveiled, opening in December 2006. 24 September - The Direct School Admission was announced, allowing Primary 6 and Secondary 4 students to be guaranteed a place in a secondary school and junior college of their choice respectively. The scheme took effect from the 2005 cohort. 26 September - Reviews were announced for education awards, new school achievement tables and the scrapping of rankings for IP schools and junior colleges. 30 September - PSA International sells its stake in CWT, a logistics company. October 2 October - The Yellow Ribbon Project and Yellow Ribbon Fund are officially launched to give ex-convicts a second chance. 29 October - The first units of The Sail @ Marina Bay are launched, which is jointly developed by City Developments Limited and AIG Global Real Estate. November 29 November - The Changi Air Base (East) is officially opened. 30 November - Temasek Holdings acquires HDB Corp (present-day Surbana Jurong) as part of Housing and Development Board's divestment, allowing it to expand overseas to new markets in Asia. Likewise, entry barriers for private companies will be lifted from July 2006