Amid exceptional economic growth and rising incomes, here’s why Singapore is still providing sizeable cost-of-living support, says the Institute of Policy Studies’ Clara Lee.
Some S$3.995 billion (US$3.15 billion) worth of vouchers issued under a cost-of-living support scheme (CDC) and for Singapore’s 60th birthday (SG60) have been spent over the past four years. Of these, ...
Singapore might scale back spending on a voucher scheme that helps local households with cost-of-living pressures in its 2026 national budget, said economists and banks. Maybank said the scheme could ...