Mr Gerald Giam Yean Song asked the Minister for Trade and Industry whether the Competition and Consumer Commission of Singapore has received any application from Singapore Airlines (SIA) for an assessment of the joint venture between SIA and Garuda Indonesia. Mr Gan Kim Yong: The Competition and Consumer Commission of Singapore has not received any application ofContinue reading “APPLICATION FROM SINGAPORE AIRLINES FOR ASSESSMENT OF JOINT VENTURE WITH GARUDA INDONESIA”
Category Archives: Ministry of Trade and Industry
DATA ON AMOUNTS AND SOURCES OF WEALTH INFLOWS INTO SINGAPORE
Mr Leon Perera (Aljunied): Thank you, Mr Deputy Speaker, just a narrow clarification for the Minister of State. If I heard him correctly, he said that foreigners accounted for 4% of private property transactions in the last three years. Can I clarify – does that classify Permanent Residents (PRs) as foreigners? And up until whatContinue reading “DATA ON AMOUNTS AND SOURCES OF WEALTH INFLOWS INTO SINGAPORE”
EXPECTED IMPACT OF TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LOCATING WAFER FABRICATION PLANT IN SINGAPORE
Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry (a) whether the Government is actively pursuing Taiwan Semiconductor Manufacturing Company (TSMC) to locate a 12-inch wafer fabrication plant in Singapore instead of Europe through the use of incentives; (b) if so, when will the outcome be finalised; (c) what is the expected totalContinue reading “EXPECTED IMPACT OF TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LOCATING WAFER FABRICATION PLANT IN SINGAPORE”
UTILISATION RATE FOR IMPLEMENTED FREE TRADE AGREEMENTS SIGNED WITH TRADING PARTNERS
Assoc Prof Jamus Jerome Lim asked the Minister for Trade and Industry what is the utilisation rate for each of the 27 implemented Free Trade Agreements that Singapore has signed with these trading partners. Mr Gan Kim Yong: The Ministry had previously provided data on total tariff savings from our network of 27 Free Trade Agreements (FTAs)Continue reading “UTILISATION RATE FOR IMPLEMENTED FREE TRADE AGREEMENTS SIGNED WITH TRADING PARTNERS”
LARGER ROLE FOR SINGAPORE IN REALISING ASEAN POWER GRID
Mr Dennis Tan Lip Fong asked the Minister for Trade and Industry (a) whether the Government envisions a larger role for Singapore in realising the ASEAN Power Grid; and (b) whether the Government is considering direct investments in renewable and sustainable cross-border electricity infrastructure to ensure electricity sustainability. The Second Minister for Trade and Industry (Dr TanContinue reading “LARGER ROLE FOR SINGAPORE IN REALISING ASEAN POWER GRID”
CONTROL OVER MAS ON CHOICE OF MONETARY REGIME OR TOTAL LEVEL OF RESERVES HELD
Assoc Prof Jamus Jerome Lim asked the Prime Minister what is the scope of guidance or control on the choice of monetary regime or on the total level of reserves held, that the Government is able to convey to or exercise on MAS as an independent central bank. The Minister of State for Culture, Community and YouthContinue reading “CONTROL OVER MAS ON CHOICE OF MONETARY REGIME OR TOTAL LEVEL OF RESERVES HELD”
ENFORCEMENT ACTIONS UNDER CONSUMER PROTECTION (FAIR TRADING) ACT FOR GREENWASHING-RELATED ACTIVITIES
Mr Leon Perera asked the Minister for Trade and Industry (a) how often have enforcement actions been taken under the Consumer Protection (Fair Trading) Act for greenwashing-related activities in each of the last five years; and (b) how many of such enforcement actions have been taken against products and services that are not financial services or financialContinue reading “ENFORCEMENT ACTIONS UNDER CONSUMER PROTECTION (FAIR TRADING) ACT FOR GREENWASHING-RELATED ACTIVITIES”
ASSESSMENT OF SINGAPORE’S LONG-TERM INFLATION EXPECTATIONS
Assoc Prof Jamus Jerome Lim (Sengkang): Just a quick follow-up on the question about inflation expectations. I wonder if the Minister of State can elaborate on whether MAS has observed any evidence of inflation pressures actually passing through to wages, in particular? And if so, what kind of mitigation mechanisms does the MAS have in terms ofContinue reading “ASSESSMENT OF SINGAPORE’S LONG-TERM INFLATION EXPECTATIONS”
STANDARDISED FORMS FOR REQUIRED DOCUMENTS TO ACCOMPANY APPLICATIONS FOR GOVERNMENT BUSINESS GRANTS
Assoc Prof Jamus Jerome Lim asked the Minister for Trade and Industry whether samples or standardised forms for required documents accompanying applications for Government business grants may be made available. Mr Gan Kim Yong: The majority of business grant applications take place on the Business Grants Portal (BGP), which is part of the GoBusiness portal. The portalContinue reading “STANDARDISED FORMS FOR REQUIRED DOCUMENTS TO ACCOMPANY APPLICATIONS FOR GOVERNMENT BUSINESS GRANTS”
EXTENSION OF LEMON LAW TO COVER USED CARS SOLD BY CAR DEALERS ON BEHALF OF OWNERS
Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry (a) whether the Government will consider extending the lemon law to cover used cars sold by car dealers on behalf of owners; and (b) if not, whether the Government will require used car dealers to provide an upfront declaration of the nature of itsContinue reading “EXTENSION OF LEMON LAW TO COVER USED CARS SOLD BY CAR DEALERS ON BEHALF OF OWNERS”
Office of the Leader of the Opposition 