Lower-wage workers will receive higher payouts under a government scheme to help them supplement their income and Central Provident Fund (CPF) savings. The qualifying income cap for the Workfare Income Supplement (WIS) programme will also be raised from $2,000 to $2,300 a...
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Budget 2019: Singapore defence budget 'significant, but indispensable'Close to 30 per cent of the Government's total expenditure this year is being set aside to support defence, security and diplomacy efforts, which is 'significant, but indispensable' spending, Finance Minister Heng Swee Keat said in his Budget speech yesterday. And the...
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Singapore Budget 2019: Budget deficit of S$3.48b expected for FY19A LARGER budget deficit of S$3.48 billion is expected for FY19, with expenditure predicted to increase, Minister for Finance Heng Swee Keat announced on Monday. Read more at The Business Times.
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Singapore Budget 2019: FY2019 budget position expansionary, with basic deficit of S$7.1bSINGAPORE'S 2019 Budget position remains expansionary, with a basic deficit of S$7.1 billion, Finance Minister Heng Swee Keat said in Parliament on Monday. Read more at The Business Times.
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Budget 2019: Government to tighten workforce quota for services sector from 2020The 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.
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