Budget 2023: Singapore ‘unlikely’ to return funds drawn from reserves due to ‘tight fiscal position’, says Lawrence Wong
While the economy has recovered back to pre-pandemic levels, Singapore remains in “a tight fiscal position”, said Deputy Prime Minister and Finance Minister Lawrence Wong.Continue Reading
Budget 2023: New support scheme for platform workers as they make increased CPF contributions
Platform workers who are below the age of 30 will have to contribute to their CPF Ordinary and Special Accounts from late 2024.Continue Reading
Budget 2023: CPF monthly salary ceiling will be raised from S$6,000 to S$8,000 by 2026
The CPF monthly salary ceiling will be increased in stages from September 2023.Continue Reading
Health ministry accuses rural doctor of inciting unrest
The Public Health Ministry has filed a police complaint against the Rural Doctor Society Facebook page and government critic Dr Supat Hasuwannakit, with accusations of instigating unrest and posing a threat to the public health system.Continue Reading
No sales of arms to Myanmar for ‘a very long time’: Vivian Balakrishnan
The Minister of Foreign Affairs referred to what his predecessor said in 2007 about Singapore’s position in relation to supplying arms to Myanmar. Continue Reading
Budget 2023: Minimum CPF monthly payouts under Retirement Sum Scheme to be raised to S$350
Under the Retirement Sum Scheme, seniors receive monthly payouts until their retirement savings run out.Continue Reading
Budget 2023: S$4 billion top-up for National Productivity Fund, new Enterprise Innovation Scheme
Singapore will do more to boost local businesses and encourage innovation amid uncertainties in the global economy, says Deputy Prime Minister Lawrence Wong.Continue Reading
Budget 2023: Government-paid paternity leave to double to 4 weeks; mandatory for employers in due course
Changes to the tax relief for working mothers with children born from 2024 were also announced by Deputy Prime Minister Lawrence Wong.Continue Reading
US Indo-Pacific policy putting security over trade
Under President Joe Biden, the United States has stepped up its campaign to build out and expand its geostrategic position in the Indo-Pacific. Japanese Prime Minister Fumio Kishida’s recent White House visit was a significant payoff for this strategy. The visit was preceded by Japan’s announcements in December 2022 of a new security strategy, including the doubling of […]Continue Reading
Budget 2023: Baby Bonus increased by S$3,000, with payouts until child turns six-and-a-half
Parents of babies born on Feb 14 and after will receive a Baby Bonus of S$11,000 each for their first and second child, and S$13,000 for their third child and beyond.Continue Reading