Singapore 

What does Singapore PM-in-waiting Heng Swee Keat’s 2019 budget say about an early election?, Singapore News

In the weeks leading up to Singapore’s budget, expectations were running high for Finance Minister Heng Swee Keat’s first major policy speech since being designated as the prime minister in waiting. There was intense talk by economists and analysts that he would use this budget as his platform to launch the election campaign for his party, the People’s Action Party (PAP), in some style. Singaporeans were also looking forward to seeing a huge cash bonus in advance of what would be an early general election this year, ahead of the…

Read More
Singapore 

Singapore Budget 2019: 10 things to know, from Bicentennial Bonus to Merdeka Generation Package, Singapore News

SINGAPORE – Finance Minister Heng Swee Keat’s fourth Budget speech was a wide-ranging and forward-looking one, with a strong focus on building a strong and united nation in the face of global changes. Details of the much-discussed Merdeka Generation Package were released, along with a slew of benefits for Singaporeans young and old as the country marks its bicentennial year. Mr Heng, who delivered his speech in Parliament on Monday (Feb 18), also announced measures to help businesses, workers and families. Curious about what’s in store for you in this…

Read More
Singapore 

Singapore Budget 2019: $1.1b Bicentennial Bonus for Singaporeans, Singapore News

SINGAPORE – To celebrate the bicentennial year, a $1.1 billion Bicentennial Bonus will be shared with Singaporeans, said Finance Minister Heng Swee Keat said on Monday (Feb18). The bonus is part of two initiatives that will be launched to commemorate the year, with the other being a Bicentennial Community Fund. As part of the Bicentennial Bonus, 1.4 million lower-income Singaporeans will receive up to $300 through a GST Voucher cash payouts. The bicentennial payment, which will be received at the end of 2019, is meant to help them with their…

Read More
Singapore 

Singapore Budget 2019: $6.1 billion for Merdeka Generation package includes Medisave top-ups, higher Chas subsidies, Singapore News

SINGAPORE – A total of $6.1 billion will be set aside under the Merdeka Generation Package, the bulk of which will go towards easing the burden of healthcare costs for nearly 500,000 Singaporeans. Announcing details of the much talked-about package during his Budget Statement on Monday (Feb 18), Finance Minister Heng Swee Keat called it a “gesture of our nation’s gratitude” for those in that generation who are now aged between 60 and 69. “It will provide them better peace of mind over future healthcare costs, while helping them to…

Read More
Singapore 

Support for Singaporeans, businesses are key themes in Heng Swee Keat’s Budget 2019 speech, Singapore News

SINGAPORE – Support for Singaporeans in the face of economic restructuring, opportunities for businesses to grow, and a caring and inclusive home for all. These are among the themes that will feature in Finance Minister Heng Swee Keat’s upcoming Budget speech, which will be delivered in Parliament at 3.30pm next Monday (Feb 18). Mr Heng, in a Facebook post on Thursday night, said that the country has faced global uncertainties as well as challenges on its shores, and this is expected to continue. But “we have also shown that Singapore…

Read More
Vietnam 

January budget revenue rises 7.5 per cent – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

January budget revenue was estimated to be VNĐ144.6 trillion (US$6.15 billion), representing a rise of 7.5 per cent over January 2018. – Photo vneconomy.vn Viet Nam News HÀ NỘI — State budget revenue was estimated at a total of VNĐ144.6 trillion (US$6.15 billion) in January, representing a rise of 7.5 per cent over the same month of 2018. The month’s budget collection was equivalent to 10.2 per cent of the target for the full year. According to the latest report from the Ministry of Finance, domestic revenue…

Read More
Singapore 

How to enjoy Valentine’s day 2019 on a budget, Singapore News

This Valentine’s Day, get ready to serenade your significant other with cheap – yet chic – options that won’t dim the romance. With the Chinese New Year, New Year’s Day and Christmas pummelling your wallet since December 2018, you might want to cut back on your expenses without compromising on quality. We have rounded up some amazing deals that even Venus, the Goddess of Love will approve. You will expect to find the usual paraphernalia of Valentine’s Day gifts such as flowers, chocolates, dinner, and drinks. Mostly reasonably priced if…

Read More
Singapore 

What Budget 2019 could have in store for you, Singapore News

Whether or not you take a keen interest in politics or global economics, the one thing you ideally should be interested in is the budget. Why? Well, because policy changes do affect you. Think about a few changes from last year’s budget that affected you, or are yet to affect you. One of them being the 2 per cent increase in GST (to be implemented between 2021 and 2025) or the 1 per cent increase in buyer’s stamp duty (on residential property purchases). Of course, a budget doesn’t only spell…

Read More
Singapore 

Last-minute CNY shopping: budget CNY hampers you can buy online, Singapore News

Gong Xi Fa Cai! Usher in this Lunar New Year by gifting your family, loved ones and friends with a Chinese New Year hamper. Besides wishing them prosperity, an abundance of wealth and peace in the upcoming year. The gift of a hamper will surely put you in their good stead for the rest of 2019. To help you with your hamper search, here a handy list of very huat hampers that will bring prosperity to whoever it is gifted to! For more shopping recommendations and new deals, follow us…

Read More
Singapore 

Government could enhance SkillsFuture scheme in Budget 2019: UOB economist, Singapore News

SINGAPORE – In Singapore’s upcoming Budget 2019, there could be an enhancement to the SkillsFuture initiative, given Singapore’s need to train and reskill workers to stay relevant in the future, according to a report by UOB. This could come in the form of identifying and introducing courses that leverage Singapore’s digital transformation, especially in areas of robotics, digitalisation and programming, suggested UOB economist and author of the report Barnabas Gan. Rolled out in 2016, the SkillsFuture programme allocates $500 to every Singaporean aged 25 and above. The amount is topped…

Read More