SG

In 2025, Singapore has introduced major enhancements to its Baby Bonus Scheme, reflecting the government’s ongoing commitment to support families and address declining birth rates. This initiative aims to ease the financial burdens of parenting and create a more supportive environment for raising children. This comprehensive article outlines the latest changes, eligibility requirements, benefits, and … Read more

To ease cost-of-living pressures in Singapore, approximately 2.9 million adults will receive a one-time cash payout ranging from S$200 to S$600 in March 2025. This initiative is part of the government’s broader Assurance Package, designed to support lower and middle-income families by offering financial relief in the face of rising expenses. Singapore 600 Cost of … Read more

The gig economy in Singapore has become an integral part of the nation’s workforce, with platform workers—such as ride-hailing drivers, food delivery riders, and freelancers—playing a crucial role in daily life. While these workers contribute significantly to the economy, they often face challenges like irregular income, lack of job security, and limited access to social … Read more

The Singapore Government has introduced several financial assistance programs to help citizens manage the cost of living, healthcare expenses, and retirement savings. Under Budget 2025, an additional SGD 1.9 billion has been allocated to enhance the Assurance Package (AP), MediSave Bonus, and Retirement Savings Bonus under the Majulah Package. Eligible Singaporeans will receive cash deposits, … Read more

The Singapore government has confirmed that the $900 Senior Bonus Payout will be distributed in April 2025. This initiative aims to provide financial support to seniors, particularly those in low- and middle-income brackets. With inflation and healthcare costs on the rise, the bonus offers essential relief to retirees and elderly residents. In this comprehensive guide, … Read more

Singapore is set to roll out a new financial support initiative aimed at helping unemployed residents navigate career transitions. The SkillsFuture Jobseeker Support (JS) scheme will officially launch in April 2025, providing temporary financial relief to individuals who have been involuntarily unemployed. The scheme offers payouts of up to $6,000 over six months to ease … Read more

The Singapore Goods and Services Tax (GST) Voucher Scheme for 2025 is an initiative designed to provide financial support to lower- and middle-income Singaporeans. With the rising cost of living and an increase in GST rates, this program aims to reduce the financial burden on eligible citizens by offering cash payouts, MediSave top-ups, and utility … Read more

As we move into 2025, civil servants in Singapore are eagerly awaiting the official announcement regarding their annual bonuses. The details of the bonus for this year have yet to be released, but based on previous trends and the current economic environment, we can anticipate that the bonus structure will follow a familiar pattern. Civil … Read more

In response to the growing gig economy, the Singapore government has introduced significant updates to the Workfare Income Supplement (WIS) scheme, aiming to provide better financial support for platform workers, including ride-hailing drivers, food delivery personnel, and freelancers. With these changes, platform workers will receive monthly payouts, and platform operators will begin making mandatory CPF … Read more

A dividend is a portion of a company’s profits that is distributed to its shareholders as a reward for their investment. For business managers, investors, and those planning to start a business, understanding dividend policies is crucial to making informed financial decisions. In Singapore, dividends are commonly used by companies to share their profits with … Read more