Mr Chua Kheng Wee Louis asked the Minister for Defence (a) what is the breakdown of the assets managed (i) directly by in-house investment teams and (ii) third party asset managers for the Dynamic, Balanced and Stable funds respectively under the SAVER-Premium Fund; and (b) what is their current asset class composition compared with their targetContinue reading “ASSETS MANAGED BY IN-HOUSE AND THIRD PARTY ASSET MANAGERS FOR DYNAMIC, BALANCED AND STABLE FUNDS UNDER SAVER-PREMIUM FUND”
Category Archives: Ministry of Defence
RETURNS FOR DYNAMIC, BALANCED AND STABLE FUNDS UNDER SAVER PREMIUM FUND
Mr Chua Kheng Wee Louis asked the Minister for Defence (a) what are the returns for the Dynamic, Balanced and Stable funds under the Saver Premium Fund in their (i) first year, (ii) fifth year, (iii) tenth year and (iv) since their inception respectively; (b) what are the performance benchmarks against which the respective funds areContinue reading “RETURNS FOR DYNAMIC, BALANCED AND STABLE FUNDS UNDER SAVER PREMIUM FUND”
ALTERNATIVE FLIGHT PATHS FOR JETS FLYING OVER SENGKANG AND PUNGGOL FROM PAYA LEBAR AIRBASE
Assoc Prof Jamus Jerome Lim asked the Minister for Defence (a) whether there are alternative flight paths for jets taking off from Paya Lebar Airbase that do not require flying over Sengkang and Punggol; and (b) if so, whether the Ministry will consider using these alternative flight paths to reduce the impact on residents in theseContinue reading “ALTERNATIVE FLIGHT PATHS FOR JETS FLYING OVER SENGKANG AND PUNGGOL FROM PAYA LEBAR AIRBASE”
ASSESSMENT OF WHETHER LEAKED CLASSIFIED US MILITARY AND INTELLIGENCE DOCUMENTS RELATE TO SINGAPORE
Ms Sylvia Lim (Aljunied): Thank you, Speaker. Two supplementary questions for the Senior Minister of State. To the best of my recollection, this is probably at least the third time where confidential or information shared with the US government has been leaked. I think we know of the earlier Wikileaks episodes and this is theContinue reading “ASSESSMENT OF WHETHER LEAKED CLASSIFIED US MILITARY AND INTELLIGENCE DOCUMENTS RELATE TO SINGAPORE”
APPLICATION OF QUIET HOURS FOR SAF OVERFLIGHTS
Assoc Prof Jamus Jerome Lim asked the Minister for Defence (a) whether respect for existing quiet hours from 10.30 pm until 7.00 am applies to SAF overflights; and (b) if so, whether the overflights will respect the extended quiet hours from 10.00 pm until 8.00 am recommended by the Community Advisory Panel on Neighbourhood Noise. DrContinue reading “APPLICATION OF QUIET HOURS FOR SAF OVERFLIGHTS”
UPDATE ON TRIAL OF SUSTAINABLE AVIATION FUEL FOR F-16 JETS
Mr Leon Perera asked the Minister for Defence (a) whether he can provide an update on the progress of the trial using sustainable aviation fuel for F-16 jets as announced in 2021; and (b) whether there are plans to expand the use of sustainable aviation fuel for use in all F-16 jets and other aircraft. DrContinue reading “UPDATE ON TRIAL OF SUSTAINABLE AVIATION FUEL FOR F-16 JETS”
Military Expenditure
Mr Gerald Giam Yean Song (Aljunied): Sir, MINDEF’s total expenditure of FY 2023 is projected to increase 5.6% for over FY 2022, on top of an 11.3% increase from FY2021 to 2022. In the revenue on expenditure estimates for FY 2023/2024, military expenditure is just a single-lined item with an amount of $17.0 billion, without anyContinue reading “Military Expenditure”
Security and Access to Seas and Airspace
Mr Dennis Tan Lip Fong (Hougang): Mr Chairman, the recent incursion of an alleged PRC surveillance balloon into US airspace and its subsequent shoot down by the US military underscore growing friction between Washington and Beijing. This comes after the large-scale PLA military exercises bracketing Taiwan following the then US House Speaker Nancy Pelosi’s visit toContinue reading “Security and Access to Seas and Airspace”
REVIEW OF ALLOWANCES FOR FULL-TIME NATIONAL SERVICEMEN GIVEN INFLATIONARY PRESSURES
Mr Gerald Giam Yean Song asked the Minister for Defence whether there has been any consideration towards raising the allowances for full-time National Servicemen in view of inflationary pressures and increases in the cost of living. The Senior Minister of State for Defence (Mr Heng Chee How) (for the Minister for Defence): Sir, full-time National Servicemen (NSFs)Continue reading “REVIEW OF ALLOWANCES FOR FULL-TIME NATIONAL SERVICEMEN GIVEN INFLATIONARY PRESSURES”
COST FOR ACQUIRING AND MAINTAINING FOUR INVINCIBLE-CLASS SUBMARINES
Mr Gerald Giam Yean Song asked the Minister for Defence (a) what is the total cost of acquiring the four Invincible-class submarines; (b) what is the annual cost of their maintenance; (c) how does this compare with the total cost of ownership of the current Archer-class and Challenger-class submarines; and (d) what are the reasons why theContinue reading “COST FOR ACQUIRING AND MAINTAINING FOUR INVINCIBLE-CLASS SUBMARINES”
Office of the Leader of the Opposition 