SINGAPORE (Mar 4): Singapore may have accumulated huge surpluses during the current term of government, but that does not indicate an upcoming spending spree. The surpluses will also not be used to stall an impending Goods and Services Tax hike due to happen from 2021 to 2025. On Feb 28, in rounding
SINGAPORE (Mar 4): The Merdeka Generation, born from 1950 to 1959, lived through Singapore’s tumultuous early years, and gained a perspective of Singapore’s place in the world that many younger people probably lack. At least, that is the narrative the government has been weaving over the past year.
Dr Vivian Balakrishnan (left), Singapore’s Foreign Minister and Dr Mahathir Mohamad, Malaysia’s Prime Minister. Malaysian Prime Minister Mahathir Mohamad’s comments on his country’s “morally wrong” water deal with Singapore are a “red herring”, said Foreign Affairs Minister Vivian Balakrishnan in Parliament
The Road Traffic Act will be amended to enhance criminal penalties for irresponsible driving, said Sun Xueling.
Since 2015, 24 radicalised Singaporeans have been detected and dealt with under the Internal Security Act (ISA).
SINGAPORE (Feb 25): Singapore’s Budget 2019 speech, delivered by Finance Minister Heng Swee Keat on Feb 18, hogged headlines for the better part of the week. Analysts were quick to parse which stocks would be affected by the projected government spending of $80.25 billion. According to brokerages such
SINGAPORE (Feb 25): The highlight of Budget 2019 is the much-anticipated $6.1 billion Merdeka Generation Package. While the MGP has fewer initiatives than the $8 billion Pioneer Generation Package, it is still substantial, and is particularly focused on measures that deal with medical bills, which are
Singapore wants more "sustainable" foreign labour dependency, Singapore’s Minister for Trade and Industry Chan Chun Sing said.
One of the “lowlights” of Singapore Budget 2019 (and 2018 too, come to think of it) is the much-dreaded GST increase, together with the tightening limits for GST relief. Like a pair of pincers, the two GST changes work in tandem to trap us cheapo Singaporeans trying to save a few bucks.
Veteran journalist PN Balji argues that Budget 2019 bears little difference from previous Budgets, and fails to address the most important issue of all: flagging productivity.
What is the Singapore government doing to reverse the low fertility rate in Singapore? The post What is the government doing about Singapore's low birth rate? appeared first on theAsianparent-Your Guide to Pregnancy, Baby & Raising Kids.
Rohan Solapurkar, a Deloitte tax partner, said the raft of measures announced Monday by the Singaporean government was largely expected, and it catered to all of the interest groups the ruling People's Action Party is trying to please.
Singapore Budget 2019 is expected to have real estate impact. Singapore’s Finance Minister, Mr Heng Swee Keat, delivered his Budget speech for 2019 on Feb 2019. It comes amid latest statistics on the economy which registered 3.2% growth in 2018, easing from 3.9% in 2017. Commenting on Budget 2019, which
The workforce quota for the services sector will be tightened as some segments remain “very labour-intensive”, Finance Minister Heng Swee Keat announced on Monday (18 February) in his 2019 Budget statement.
Singapore announced extra healthcare spending for the elderly and a raft of other handouts in its annual budget on Monday as speculation mounts elections may be held this year. Finance Minister Heng Swee Keat set aside Sg$6.1 billion ($4.5 billion) to support half a million citizens aged between 60
The government will set aside another $3.1 billion towards the long-term care of Singaporeans in the form of premium subsidies and other types of support.
Finance Minister Heng Swee Keat also announced a S$1.1 billion bonus package for all Singaporeans to mark 200 years since the former British colony's founding, that includes vouchers, a cash bonus for lower income workers and income tax rebates for the middle class. The budget proposal comes after
The value of goods that can be exempted from the Goods and Services Tax (GST) for travellers entering Singapore will be tightened from Tuesday, Finance Minister Heng Swee Keat said on Monday (18 February). The decrease in allowance applicable for GST relief comes amid rising international travel, said
Singaporeans will get a 50 per cent personal income tax rebate, subject to a cap of $200, for the 2019 year of assessment.
The government will set aside $6.1 billion under the Merdeka Generation Package, which is set to benefit close to 500,000 Singaporeans, said Finance Minister Heng Swee Keat in his Budget 2019 speech on Monday (18 February).
About 30 per cent of Singapore's projected expenditure for this financial year will go towards defence, security and diplomacy efforts.