Money

Singapore MPs Propose New Support for Workers and Retirees

MPs Call for Extension of Co-Funded Wage Increases for Lower-Income Workers, CPF Tweaks

Some Members of Parliament (MPs) recently spoke up with some important ideas on how to help our lower-income workers and other vulnerable people in Singapore. Proposals for Workers’ Wages MP Wan Rizal had a few suggestions about how to improve things for lower-wage workers. He thinks the Progressive Wage Credit Scheme (PWCS), which helps companies

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Man Jailed for Collecting Housebreaking Loot in Singapore for Foreign Syndicate

Jail Time for Man Involved in Syndicate’s Singapore Heist

A 28-year-old man, Wu Jinxing, has been sentenced to seven months in jail after being caught with nearly S$500,000 worth of stolen luxury goods and cash in Singapore. Wu Jinxing, a Chinese national, admitted to possessing the benefits of criminal conduct by Wu Jianxin, with whom he had a longstanding acquaintance. The court revealed that

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NETS-Related Services Under Distruption

“can’t pay by card?”, NETS Terminals Facing Disruptions in Transactions

NETS-related services at about 5% of the company’s terminal network have been affected since Monday morning (Sep 23), with QR, PIN, and tap transactions disrupted. In response to the disruption, NETS advised customers in a Facebook post to use alternative forms of payment such as cash or Singapore Quick Response Codes (SGQR). The company has

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SkillsFuture Jobseeker Support Scheme for Eligible Individuals May Receive a Total of up to S$6,000

New SkillsFuture Jobseeker Support Scheme to Provide Tiered Payouts for Retrenched Workers

“Workers who have become ‘involuntarily’ jobless could get an ‘immediate boost’ of up to S$1,500 in the first month of their job hunt under a new government support scheme starting next April,” announced by the Ministry of Manpower (MOM). Under the new SkillsFuture Jobseeker Support scheme, eligible individuals may receive a total of up to

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CPF Implements Lower Daily Online Withdrawal Limit to Combat Scams

CPF Implements Lower Daily Online Withdrawal Limit to Combat Scams

CPF online withdrawal limit to be lowered from S$200,000 to S$50,000 a day to guard against scams In an effort to combat increasing scam cases, the Central Provident Fund (CPF) has announced a reduction in the maximum amount that can be withdrawn online from CPF accounts. Starting from Sep 25, the maximum online withdrawal limit

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Singaporean households can now redeem $300 CDC vouchers

Singaporean households can now redeem $300 CDC vouchers

Singaporean households are now eligible to claim their share of $300 in Community Development Council (CDC) vouchers. This initiative allows every household in Singapore to offset their daily expenses by utilizing these vouchers at a wide array of participating locations, including hawkers, heartland merchants, and supermarkets. Divided equally, these vouchers aim to offer support across

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