Daily Archives: 2019-02-18

#SGBudget2019: Reduced travellers’ import tax relief to offset GST increase, more returns for lower and middle income S’poreans

The increase in the Goods and Services Tax (GST) from 7% to 9% will be mitigated through the scaling down of tax relief received by travellers, said Finance Minister Heng Swee Keat. Mr Heng, in delivering the Singapore Budget 2019 in Parliament on Monday (18 Feb), said that given “the rise in international travel” into and through Singapore, the Government will …

Read More »

Government earmarks S$5.1 billion for Long-Term Care Support Fund

Singapore is home to an ageing population and even now, 1 in 4 people are over 55 years old. As such, a big chunk of the budget is being earmarked to help support Singaporeans entering their silver years. This year, an extra S$3.1 billion was earmarked for premium subsidies and other forms of support for Singaporeans, bringing the total up …

Read More »

Netizens divided over Minister K Shanmugam’s stand that using cannabis for medical purposes is like “dealing in destruction and death”

Law and Home Affairs Minister K Shanmugam told Channel NewsAsia that the trend towards accepting cannabis for medical use is driven by the “power of money and propaganda”, as he charged pharmaceutical companies with hiding their intentions behind a smokescreen. Last December, Thailand became the first country in Southeast Asia to legalise the use of cannabis for medical purposes, although …

Read More »

Over 7,770 people received the wrong CHAS subsidies due to a software error

About 7,700 individuals received inaccurate healthcare and intermediate- and long-term care subsidies due to a software error in the NCS computer system, said the Ministry of Health on 16 Feb. NCS is an information and communications technology (ICT) and communications engineering services provider. It is a subsidiary of the Singtel Group. The affected where individuals whose applications and renewals of …

Read More »

Heng Swee Keat unveils details for Merdeka Generation Package

Finance Minister Heng Swee Keat revealed the long awaited details for the new Merdeka Generation Package (MGP) during the budget presentation today in Parliament (18 Feb). The package will benefit Singaporeans born in 1949 or earlier who missed out on the Pioneer Generation Package but obtained citizenship by 1996. The MGP is intended to help eligible Singaporeans with their medical …

Read More »

Paranoia breeds secrets and secrets breed speculation in this country

Dr Tan Cheng Bock recently asked, “What’s happening to our reserves? Are our reserves all gone?” He will not get any answers because one of the country’s most closely guarded secrets is the nature and extent of the reserves. Even President Ong Teng Cheong came across a brickwall when he tried to find out about the reserves. It is a …

Read More »