Government

Budget 2020: Govt aims to phase out all vehicles with internal combustion engines by 2040

BY 2040, the government hopes to phase out all vehicles with internal combustion engines and replace them with ones that run on cleaner energy.

Budget 2020: Lump-sum tax built into road tax for electric vehicles to replace fuel excise duties

A lump-sum tax will be built into the road tax schedule for electric vehicles (EV) to partly account for the loss in fuel excise duties since owners of such cars do not pay them, Deputy Prime...

Budget 2020: S$31m in annual spend allotted to support employers of PwDs

MORE help is at hand to support employers of persons with disabilities (PwD) through a new Enabling Employment Credit (EEC) scheme.

Budget 2020: Government to match retirement savings top-ups by up to S$3,000 over 5 years

The government is introducing a five-year programme to match cash top-ups made by older, lower- to middle-income Singaporeans of their retirement savings, Deputy Prime Minister and Finance...

Budget 2020: Government to set up new trust for social service sector

THIS year, the Ministry of Social and Family Development (MSF) and the National Council of Social Service (NCSS) will set up a trust to fundraise and support social service agencies.

Budget 2020: Basic Retirement Sum set at S$93,000 for those turning 55 next year

THE Basic Retirement Sum (BRS) will continue to increase by the same 3 per cent per year for the next two cohorts, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget...

Budget 2020: Singaporeans above 21 to get one-off cash payout of up to S$300

All Singaporeans above 21 will receive a one-off cash payout of up to S$300 as part of the government's S$1.6 billion Care and Support Package for households, Deputy Prime Minister and Finance...

Budget 2020: Self-help groups to get S$10m grant to support needy families amid virus outbreak

THE Singapore government will provide a S$10 million grant to self-help groups over two years, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget speech on Tuesday.

Budget 2020: Boost in bursaries, other financial assistance for students

STUDENTS from lower-income families will receive further financial help form the government, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget speech on Tuesday.

Budget 2020: Senior employment credit, CPF offset among new measures for those hiring older workers

SINGAPORE will introduce a Senior Worker Support Package comprising four measures, to support enterprises that employ older staff, Deputy Prime Minister and Finance Minister Heng Swee Keat said in...