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Budget 2022: CPF Basic Retirement Sum to be increased by 3.5% per year from 2023 to 2027

This is to provide CPF members with higher monthly CPF payouts in their retirement years, given the rising standards of living.

02/18/2022

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Lifestyle

Budget 2022: S’pore to build more EV charging points near homes

Minister Lawrence Wong said more charging points will be built closer to where people live to further accelerate EV adoption.

02/18/2022

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Lifestyle

Budget 2022: Carbon tax will rise to S$25/tonne from 2024, and gradually S$50 to S$80 by 2030

Singapore’s new net-zero ambitions will require a higher carbon tax, said Mr Wong. This will kick in from 2024.

02/18/2022

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Lifestyle

Budget 2022: Minimum qualifying salary for new S Pass applicants to be raised to S$3,000

The minimum qualifying salary for new Employment Pass applicants will also be raised from the current S$4,500 to S$5,000.

02/18/2022

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Lifestyle

Budget 2022: Govt to enhance tax system to raise additional revenue; reserves kept for major crises

The Finance Minister said that the reserves have to be kept for use in major crises and emergencies, such as the global financial crisis and the past two years of Covid-19.

02/18/2022

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Lifestyle

Budget 2022: BioNTech to set up SEA headquarters in S’pore as early as next year

It plans to build a fully integrated mRNA manufacturing facility in Singapore, which will be operational as early as next year.

02/18/2022

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Lifestyle

Budget 2022: Gov’t introduces new S$560M Household Support Package for S’pore families

It will provide some support to all Singaporeans to help with their utility bills, children’s education and daily essentials.

02/18/2022

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Lifestyle

Budget 2022: S’pore economy expected to grow by 3 to 5 per cent this year

Although Singapore will continue to benefit from the pick-up in the global economy, 2022 is not free of risks.

02/18/2022

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Lifestyle

NFTs in M’sia this week: Katun’s apes that sold for RM10mil aim to take WWF to the metaverse

This week, Katun sells ape NFTs to bring WWF to the metaverse, a new local marketplace launches, and pieces of M'sia become art.

02/18/2022

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Lifestyle

Netflix’s The Apprentice: 10 words of wisdom by ONE Championship CEO to navigate the biz world

Besides instilling the traditional values of martial arts, Chatri also imparted some insightful business advice throughout the show.

02/18/2022