The government takes into account the valuation of unlisted assets in GIC and Temasek such as private equity, infrastructure, and real estate when reviewing the overall risks of its whole portfolio of assets, said Minister for National Development and Second Minister for Finance Lawrence Wong on Tue (6 Aug). Responding to a Parliamentary question from Workers’ Party (WP) Member of Parliament (MP) …

Based on a new study by Kisi – a keyless access technology company – released on Wednesday (7 August), it was found that Singapore performed badly when it comes to work-life balance as it placed in the bottom quarter of 40 cities. The city-state took the 32nd spot, although it is still placed higher than other selected Asian countries like …

The government will start regulating ride-hailing apps under the new P2P Passenger Transport Bill that was passed just yesterday (6 August). Senior Minister of State for Transport Dr Janil Puthucheary announced in Parliament just before the bill was passed that the 45,000 vehicles under ride hailing apps such as Go-Jek, Grab and Ryde will eventually come under the new regulatory …

We recently wrote about the government spending approximately S$238 million on scholarships and tuition grants for foreign students attending schools and autonomous universities in Singapore. Minister of Education Ong Ye Kung said in Parliament that of the S$238 million, about S$130 million is spent on scholarships for foreign students in schools and autonomous universities while another S$108 million is spent on tuition …

Minister for the Environment and Water Resources Masagos Zulkifli revealed on Tuesday (6 August) that around 30% of Singapore’s recyclable waste was exported overseas last year, and the remaining 60% are processed locally. “In 2018, about 30% of recyclable material, such as paper, plastics, glass and metal, was exported to countries including Australia, China, India, Indonesia, Malaysia, South Korea, and …

The National University of Singapore (NUS) is offering a S$200,000 grant to overseas Singaporean academics seeking to return to the country and to join the university as pre-tenure assistant professors, said Education Minister Ong Ye Kung on Tue (6 Aug). Speaking at the inaugural Singaporean Researchers Global Summit held at the Regent Singapore, Mr Ong said that the grant, half …

Minister of Education Ong Ye Kung said in Parliament (5 August) that the government spent about $238 million in scholarships and tuition grants for foreign students. The Education Minister revealed that of the S$238 million, the government spends about $130 million on scholarships and about S$108 million on tuition grants for foreign students. In his replies to questions from Workers’ …

This year’s Singapore Writers Festival (SWF), themed ‘A Language of Our Own’, will explore the role of language in the expression of identities and formation of communities in the 21st century. The festival not only ushers in a new chapter in its 22nd edition but also features a new face at the helm, with poet Pooja Nansi making her debut …

On Mon (5 Aug) in parliament, in response to a question from WP NCMP Leon Perera, Education Minister Ong Ye Kung revealed that government spending on scholarships and tuition grants for foreign students has fallen 50% over the past decade. It is now around $238 million, which means the annual spending in 2009 would have been $476 million. Putting this …

by Jack Sim My National Day message for 9 August. I’m proud of my country Singapore for good reasons. Born 1957, I grew up in a slum living in an attap house . Most citizens were poor and our GDP per capita was USD 500 a year same as Mexico and South Africa on our first National Day in 1965. …