SG

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

In 2025, civil servants in Singapore are set to receive a mid-year bonus as part of the Annual Variable Component (AVC). This one-time payment is a reflection of the country’s better economic outlook, although uncertainties remain in the global economy. Junior-grade civil servants, in particular, will benefit from a $250 mid-year bonus, in addition to … Read more

The SkillsFuture Jobseeker Support (JS) Scheme, announced by Prime Minister Lawrence Wong during the National Day Rally on August 18, 2024, is a groundbreaking initiative by the Singapore government aimed at offering temporary financial support to unemployed individuals. As part of Singapore’s ongoing efforts to address the challenges posed by economic fluctuations and industry shifts, … Read more

The South African Social Security Agency (SASSA) has announced an increase in the amounts for most of its social grants for the 2025/26 year. This update is aimed at helping South Africans cope with the ever-rising cost of living. However, the Social Relief of Distress (SRD) Grant remains at R370, unchanged from the previous year. … Read more

The Full Retirement Sum (FRS) is a critical component of Singapore’s Central Provident Fund (CPF), designed to provide financial stability for retirees. As of 2025, individuals meeting the required savings threshold in their CPF accounts will receive a monthly payout ranging from $1,560 to $1,670. This initiative ensures that retirees can sustain themselves financially during … Read more

In April 2025, the Singaporean government announced the distribution of S$300 CDC vouchers to help families manage their everyday costs. These vouchers are part of a broader initiative to support Singaporeans amidst the rising cost of living. The Community Development Council (CDC) vouchers are specifically aimed at easing financial pressure on households, allowing them to … Read more

If you are an investor or planning to start a business in Singapore, understanding the dividend payout policy is crucial. Dividends are a way for companies to share their profits with shareholders, providing an important source of income for many. In this article, we will delve into the details surrounding the Dividend Payout Date for … Read more

In December 2024, the Singapore government will continue its Assurance Package (AP) Cash initiative, providing much-needed financial support to Singaporean citizens. This initiative aims to alleviate the rising cost-of-living pressures that have impacted many individuals and families across the country. By offering cash payouts ranging from $200 to $600, the government hopes to ease financial … Read more

Singapore has announced the S$300 Climate Vouchers as part of its Climate Friendly Household Programme (CFHP). These vouchers aim to help households purchase energy and water-efficient appliances, promoting sustainability and reducing utility bills. This guide covers everything you need to know about claiming the vouchers, eligibility, payment dates, and more. Quick Summary Of Singapore S$300 … Read more