More shared parental leave, financial aid for unemployed: 6 takeaways from NDR 2024
On Sunday ( Aug 18 ), Singapore’s Prime Minister Lawrence Wong announced measures as part of what he termed a “reset” of policies to realize a “restored Singapore Dream.” He also announced measures as part of his maiden National Day Rally speech.
In Singapore’s most important political discourse of the year, Mr Wong, who became Prime Minister on May 15, outlined strategies that would impact businesses, employees, families, students and singles.  ,
Below are six important restaurants:  ,
1. New 10 days ‘ shared filial leave ,
With the approval of mothers or fathers, the government will offer 10 additional days of shared left.  ,
This will be implemented gradually, starting with six days ‘ left for children born from Apr 1, 2025.  , The whole 10 weeks did use a year later.  ,
The government will cover the cost of the 10 days, which will go along with the latest parentage and maternity leave schedule.
Fathers are now given two weeks of parentage leave, with optional additional two weeks being offered by employers on a volunteer basis.  , From Apr 1 next month, this further two months will be required.  ,
Parents have 16 months of maternity leave.  ,
With the add-ons, parents may have a full of 30 days or about 7.5 times of paid keep.
A new program is also in development to assist people who already have three or more young children or who have a second baby. Facts are expected at following week’s Budget.
NDR 2024: How the Gifted Education Programme has evolved through the years
SINGAPORE: Back in 1984, the Ministry of Education ( MOE ) implemented the Gifted Education Programme ( GEP ) to nurture higher-ability , students. The second GEP sample had 100 Major 4 children and 100 Secondary 1 kids. Now, 370 to 400 key school children, or 1 per share of theContinue Reading
NDR 2024: Singapore Sports School to move to Kallang Alive precinct as part of master plan
The Paralympics, which will take place from August 28 to September 8, may be following up following.
” We are extremely proud of our para-athletes who have overcome huge obstacles to succeed in their activities,” said Mr. Wong.
Some Team Singapore athletes , including Maeder, badminton player Yeo Jia Min, sailor Ryan Lo were invited and , present at , the rally, which was held at the Institute of Technical Education ( ITE ) Headquarters in Ang Mo Kio.
More will be done to strengthen the recreational culture in Singapore, he said.
One method is through the President’s Challenge where the group will be “mobilised” more to work with the government to cultivate sports skills, including those from impoverished background.
” I’m pleased that more young Singaporeans with sporting skills are taking it seriously and excelling to the highest levels. Beliefs are changing”, said Mr Wong.
Parents were unsure about their kids pursuing gymnastics as a career in the past. Today we see more prosperous part models… More young athletes are taking sports severely, and coaching full time, with support from the government”.
The biggest bubble is always the one that pops – Asia Times
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It’s not the renminbi carry business – it’s the Bank of Japan investment
According to David P. Goldman, new volatility in the Japanese markets suggests potential trouble. The Bank of Japan’s decision to stop tapering was a catalyst for the quick crash, but there are still important underlying challenges in both domestic and global markets.
Social paroxysm in Germany keeps the economy in collapse.
According to Diego Faßnacht, Germany is in danger of experiencing rapid economic decline as a result of the state elections scheduled for eastern Germany on September 1st, which are supposed to decide the” traffic light” coalition’s leadership. High energy costs and uncoordinated guidelines are the root causes of business collapse.
Peace is off the board with the Kursk invasion.
James Davis describes how the conflict between Russia and Ukraine substantially grew after Russian forces launched an invasion into the Kursk region of Russia, causing Russia to suffer a severe lack of intelligence as Kiev tries to distract and stretch its armies.
Kishida, the excellent minister of Japan, will resign.
In light of declining public support and a financial scandal, Scott Foster examines Japanese Prime Minister Fumio Kishida’s decision to step down as leader of the ruling Liberal Democratic Party ( LDP ). There are a number of possible candidates in the race to take his place.
NDR 2024: Singles applying for BTO flats near parents to have priority; low-income couples to get higher grant
Home MARKET STABILISING
The COVID-19 crisis and the disturbance the building industry experienced, according to Mr. Wong, caused problems with the housing market.
As the supply of new houses slowed, prices went up. Since then, the government has started a number of cooling actions to stabilize the market in addition to supply-boosting work.
” By early next year, the queue may be cleared”, said Mr Wong. People will soon be able to pick up their codes and complete all BTO projects that COVID-19 has delayed.
MND had pledged to build 100, 000 new cottages from 2021 to 2025. By December, more than 80, 000 new condos may become delivered and all 100, 000 products by next year, he added.
Mr Wong noted that the president’s work are” starting to stabilise the house business”.
” We occasionally read news reports in the media about the costs of HDB selling apartments. I know it’s a major concern for house customers”, he said.
He added that the government carefully monitors these charges, particularly how they change in relation to earnings or what is known as the house price-to-income amount.
For instance, the ratio of the median value of a four-room HDB sale even after offers, against the median annual household income was 4.8 in 2014. This means that the home’s cost after provides was nearly five times the company’s revenue.  ,
This came down to under 4 over the years, but went back up to 5 with the effects of the pandemic.
The percentage is now at 4.8,  , similar as what it was a decade ago, said Mr Wong.  , Compared with other big cities like London, Sydney and Hong Kong, Singapore’s existing property price-to-income numbers are even” significantly lower”.
NDR 2024: Parents of newborns to get extra 10 weeks of shared leave; total paid leave to increase to 7.5 months
ALL SINGAPOREAN Children QUALIFY
10 days of paid parental leave are provided by the novel arrangement for both parents. This will be paid by the government, up to the prevailing cap of S$ 2, 500 ( US$ 1, 900 ) a week, said the National Population and Talent Division ( NPTD ) on Sunday.
Unmarried mothers are among the available parents of Singaporean babies under the fresh shared parental leave scheme.  , For father, only those who are lawfully married will be available
The system will become implemented in two aspects:  ,
- Parents of children born on April 1, 2025 will be able to take a 6-week shared filial left.  ,
- The whole 10 months of parental leave will be available to those whose children are born on April 1, 2026.  ,
By definition, the 10 days of shared familial left will be evenly distributed between both families. This means that each parent must spend three days with their child for births born between April 1 and March 31; this also applies to children born between April 1 and April 31.  ,
However, kids can redistribute their leave based on their parenting demands, NPTD said in its press release. This would think, for instance, that one parent can get all 10 days.
Within four months of the child’s birth, changes to the leave-sharing plans should be made. Any modifications made after that will be governed by the employer’s deal.  ,
Within the first 12 weeks of the child’s birth, shared parental keep should also be taken.  ,
Kids can get the shared paid leave in a constant stop after they have exhausted their government-paid maternity and paternity leave within the first 26 months of the child’s birth if parents and their employers cannot come to terms on the left arrangements.  ,
The latest program, which allows working parents to share up to four months of maternity leave with their spouses, has a small take-up level. According to the NPTD, just 6 % of entitled working parents have taken for leave.
National Day Rally 2024: Singapore to review rules and processes to reduce regulatory burden for businesses
SINGAPORE: Formerly, to put up a helicopter show in Singapore, organisers had to get a force, record every second aircraft and put a sticker on each aircraft.
With some shows using over 1, 000 drones, this meant more than 1, 000 stickers and , over S$ 25, 000 ( US$ 18, 970 ) in compliance costs, said Prime Minister Lawrence Wong in his first National Day Rally speech on Sunday ( Aug 18 ).  ,
Although there are legitimate reasons to enroll robots, such as for aircraft security and safety, the challenges are reasonable for shows held in pre-approved areas.  ,
” But after receiving this opinions, we streamlined the procedure”, said Mr Wong. ” Now you only need one permit for a show, regardless of how many drones you use … And no more stickers” . ,
A present using 1, 000 robots now incurs only S$ 500 in compliance fees.
He made a point about how important it is to reduce the regulatory stress and, in Singapore, foster a business setting.  ,
Mr. Wong stated that there could be more done in this regard and that he had appointed Deputy Prime Minister Gan Kim Yong to lead a” thorough and strategic overview of our guidelines and processes, and trim them back where possible.”
Mr. Wong added that he also wished for reasonable treatment of the authorities who were performing their duties.
” Each time an event happens, be it an damage at a work, or a meal poison epidemic, the officials come under great pressure to tighten the regulations more”, he said.  ,
” Each new rule may seem small, but the small changes add up” . ,
NDR 2024: In push for bilingualism, more students to be allowed to study Higher Mother Tongue in secondary schools
Singapore: Prime Minister Lawrence Wong acknowledged Singaporeans ‘ concerns about the declining regular of their mother tongues and said the government will continue to support the promotion of language and maintain local traditions.  , In order to encourage more students to study Higher Mother Tongue languages as a subject inContinue Reading
Officers to ensure order at Thaksin”s court hearing
PUBLISHED: 18 Aug 2024 at 17: 49
According to a cause, more law enforcement officers will be stationed at the Criminal Court on Monday to keep things get since former prime minister Thaksin Shinawatra will look for his der majoreste situation.
Basic security measures will be in place at the courtroom, but Metropolitan Police Division 2 officers and further court staff will be present as needed because the situation is anticipated to draw media attention.
The media will not be allowed to attend Thaksin’s judge reading.
Following his indictment on charges of stability majoreste and computer crime on June 18, Thaksin is scheduled to appear in court on Monday for his first reading, an evaluation of evidence, and the reading of witness lists.
The allegations stem from remarks he made on May 21, 2015, in a North Korean paper, Chosun Ilbo.
He was freed on loan and is prohibited from leaving the country without judge approval. He was also given a 500, 000-baht connection.
He requested court approval on July 27 to leave the country and remain in Dubai from August 1 through August 16 for health care and personal organization.
The court turned down his plea on July 30 because Thaksin’s conditions were frequently encountered and physicians in Thailand had address them. The judge stated that Thaksin’s meetings with Dubai residents were private matters.
The court determined that the international trip was not necessary, and because the requested time was approaching August 19th, Thaksin was not permitted to leave the nation. If Thaksin has sought medical attention since then, it’s never known.
PM Wong to deliver his first National Day Rally speech
The first speech by Singapore’s prime minister since he took the oath of office three months ago is scheduled for Sunday ( Aug 18 ).
He is expected to discuss greater assistance for Singaporeans who are struggling with work and family issues.  ,
The Prime Minister addresses the state and discusses important policy issues at the National Day Rally, which is regarded as the country’s most significant political discourse of the year.
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