DPM Lawrence Wong on having “mid-term milestones” for Forward Singapore exercise
The Forward Singapore exercise is entering a new phase. It will have more community engagements and opportunities to co-develop policies. Deputy Prime Minister and Finance Minister Lawrence Wong also said the government may not wait for the exercise to conclude…
LGT Bank’s Lim Ping Ping on the accelerated growth of family offices in Singapore
More tax incentives are on the cards for family offices that donate to local charities and non-profit entities. Speaking at a summit on family offices, Deputy Prime Minister and Finance Minister Lawrence Wong said such firms will get more support…
Singapore must not allow wages to stagnate or income gaps to widen: DPM Lawrence Wong
Everyone must chip in to build a more inclusive and cohesive Singapore. Deputy Prime Minister Lawrence Wong said the country must never allow wages to stagnate or income gaps to widen. He warned that people will grow resentful with a…
DPM Wong speaks about US-China ties, Singapore as global financial hub
Singapore Deputy Prime Minister Lawrence Wong has said that relations between the US and China may be worsening, but leaders on both sides understand the stakes and do not want to see conflict in their lifetimes. The greater concern should…
Honest conversations can strengthen Singapore’s social fabric: DPM Wong
The Government has pledged to engage Singaporeans in honest conversations, to keep the Singapore dream alive. Speaking at an event promoting the culture of honour, Deputy Prime Minister Lawrence Wong called this the bottom line for Singapore to stay a…
Updated transformation roadmap to create up to 4,000 jobs a year in financial services sector
Singapore’s financial services sector aims to create up to 4,000 jobs a year until 2025, and is targeting annual growth at an average of 4% to 5%. To help achieve these goals, it’ll receive a boost of $500 million through…
GST hike to go ahead as Singapore cannot rely on “sentiment-driven” collections: DPM Wong
The government is monitoring the income growth of Singaporeans amid rising inflation. Deputy Prime Minister and Finance Minister Lawrence Wong said if needed, more will be done for those who require assistance. He was responding to multiple questions in Parliament…
Forward Singapore not a political exercise, says DPM Lawrence Wong
Deputy Prime Minister Lawrence Wong said the government’s Forward Singapore exercise, which calls for views from Singaporeans on the country’s future, is not a political one. He was responding to a question on how important political diversity would be in…
Singapore, Malaysia need to stand united in face of global challenges: DPM Wong
Singapore’s Deputy Prime Minister Lawrence Wong has said that Singapore and Malaysia will need to stand united in the face of global challenges. This is especially as the world enters a new global order. Mr Wong was speaking on the…
New digital bank by StanChart and NTUC to offer savings account, credit card, personal insurance
A new digital bank by Standard Chartered and NTUC is looking to count the older generation and the less tech savvy among its potential customers. It’s also hoping to be as inclusive as possible, so it’s rolling out a suite…