SINGAPORE: To reposition Singapore for a “new era” of global development, the Government will spend around S$104.2 billion to grow the economy, equip workers and build up the country’s collective resilience, while making immediate moves to help families and vulnerable Singaporeans cope with high inflation. Delivering the Budget 2023 speech in ParliamentContinue Reading
SINGAPORE: To reposition Singapore for a “new era” of global development, the Government will spend around S$104.2 billion to grow the economy, equip workers and build up the country’s collective resilience, while making immediate moves to help families and vulnerable Singaporeans cope with high inflation. Delivering the Budget 2023 speech in ParliamentContinue Reading
From a cost-of-living special payout to longer Government-paid paternity leave, here are seven things to take away from this year’s Budget speech. Continue Reading
Cars with an open market value of more than S$80,000 will have to pay ARF of 320 per cent, up from 220 per cent.Continue Reading
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
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
The CPF monthly salary ceiling will be increased in stages from September 2023.Continue Reading
Under the Retirement Sum Scheme, seniors receive monthly payouts until their retirement savings run out.Continue Reading
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
Changes to the tax relief for working mothers with children born from 2024 were also announced by Deputy Prime Minister Lawrence Wong.Continue Reading