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What is the Baby Bonus scheme?

SINGAPORE: The Singapore government is undertaking another review of the Baby Bonus scheme which aims to encourage married couples to have more children and help them defray part of the financial costs. A survey with some 3,000 beneficiaries is in the works. The move comes at a time when Singapore’s fertility rate is at a …

What is the government’s ways of cooling the property market?

SINGAPORE—The Singapore government unveiled more measures to stabilize prices in the city-state’s housing market, which it says could rise beyond “sustainable levels.” The moves come less than five months after an earlier set of measures aimed at curbing speculative activity in Singapore’s property market and at a time when Asian economies face mounting inflationary pressures …

Bankers’ fixed pay in “worrying” trend

Singapore – In light of new financial regulations, banks have plans to raise fixed pay for staff, a trend which Standard Chartered Bank Asia’s chief executive, Jaspal Bindra describes as “worrying”. In December, the European Union (EU) approved regulations that restrict how much senior bankers can receive in bonuses, in an effort to curb excessive …

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