Mr Gerald Giam Yean Song asked the Prime Minister whether the guidelines in section 2.4 of the Candidate Handbook for General Election 2020 published by the Elections Department concerning activities from the Writ of Election to Nomination Day are legally accurate. Mr Chan Chun Sing (for the Prime Minister): The guidelines in section 2.4 of the CandidateContinue reading “ACCURACY OF GUIDELINES IN SECTION 2.4 OF CANDIDATE HANDBOOK FOR GE 2020”
Category Archives: Prime Minister’s Office
SHARE OF SOPHISTICATED INVESTMENT PRODUCTS SOLD TO RETAIL INVESTORS AS PERCENTAGE OF ALL FINANCIAL PRODUCTS SOLD
Assoc Prof Jamus Jerome Lim asked the Prime Minister (a) what is the prevalence of sophisticated investment products, such as structured products or those involving derivatives, being sold to retail investors as a share of all financial products sold; and (b) what requirements does MAS impose in terms of disclosure and pre-purchase counselling before non-accredited investorsContinue reading “SHARE OF SOPHISTICATED INVESTMENT PRODUCTS SOLD TO RETAIL INVESTORS AS PERCENTAGE OF ALL FINANCIAL PRODUCTS SOLD”
NUMBER AND ASSESSMENT OF APPLICATIONS TO SET UP SINGLE FAMILY OFFICES IN SINGAPORE
Mr Chua Kheng Wee Louis asked the Prime Minister (a) what is the number of family office applications that are pending; (b) whether there is a growing backlog of such applications; and (c) whether the Monetary Authority of Singapore conducts due diligence and imposes Know Your Client (KYC) standards to ascertain the identity and source ofContinue reading “NUMBER AND ASSESSMENT OF APPLICATIONS TO SET UP SINGLE FAMILY OFFICES IN SINGAPORE”
RESEARCH TO UNDERSTAND NUMBER OF CHILDREN SINGAPOREAN WOMEN WOULD LIKE TO HAVE
Mr Leon Perera asked the Prime Minister (a) whether the Government has conducted any research to understand the number of children that Singaporean women would like to have and the reasons why this may be different from the number they actually do have; and (b) if not, whether it will consider doing so and publishing the findingsContinue reading “RESEARCH TO UNDERSTAND NUMBER OF CHILDREN SINGAPOREAN WOMEN WOULD LIKE TO HAVE”
PLACING LIMITS ON LOCAL BANKS REFINANCING COAL POWER PROJECTS OVERSEAS
Mr Leon Perera asked the Prime Minister whether MAS will consider placing limits on local banks refinancing coal power projects overseas. Mr Tharman Shanmugaratnam (for the Prime Minister): Financing the progressive decarbonisation of hard-to-abate sectors and energy sources is a key priority globally and in Asia. With regard to coal, we start from a situation where itContinue reading “PLACING LIMITS ON LOCAL BANKS REFINANCING COAL POWER PROJECTS OVERSEAS”
Conflicts of Interest
Ms He Ting Ru (Sengkang): Mr Chairman, strong institutions and good governance are key in ensuring continued political and economic progress. Singaporeans quite rightly expect high standards of conduct from our elected and public officials. Maintaining public trust is crucial for the effective functioning of our Parliamentary democracy. How then can we better manage and minimise potentialContinue reading “Conflicts of Interest”
Corporate Governance of Our Companies
Mr Dennis Tan Lip Fong (Hougang): Mr Chairman, five years ago, I spoke in this House about the $422 million price settlement for Keppel Offshore & Marine (KOM) for bribery acts in Brazil conducted through its subsidiary in the United States. This is in part due to the conviction of KOM lawyer Mr Jeffrey ChowContinue reading “Corporate Governance of Our Companies”
Children Development Account
Mr Muhamad Faisal Bin Abdul Manap (Aljunied): Sir, the Child Development Account (CDA) was introduced in April 2001. The objective is to assist parents to lighten their financial commitment in raising children. The CDA scheme consists of two components: First Step Grant and Government co-matching. In this year’s Budget Statement, it was announced that thereContinue reading “Children Development Account”
Voting Age
Ms Sylvia Lim (Aljunied): Sir, I call for the lowering of the voting age from 21 to 18 years to empower younger Singaporeans to have a say at our National Elections. I first raised this 16 years ago during the Committee of Supply debates. I pointed out at that time that the majority of countriesContinue reading “Voting Age”
Supporting Parenthood via Parental Leave
Mr Chua Kheng Wee Louis (Sengkang): After hitting a recent high of 1.96 in 1988, Singapore’s TFR has been steadily on the decline, down to new lows of 1.1 and 1.12 in 20 21 and 2022 respectively. While our enhancement of the baby bonus scheme in Budget 2023 is welcomed, it is time we adequately addressContinue reading “Supporting Parenthood via Parental Leave”
Office of the Leader of the Opposition 