FACTORS IN DETERMINATION OF VALUE OF LAND FOR PUBLIC AND PRIVATE HOUSING

Mr Gerald Giam Yean Song asked the Minister for National Development in determining the value of land that will be used to build HDB BTO flats (a) what is the differential that the Chief Valuer applies to land used for public housing compared to that for private housing; and (b) whether the private housing land use comparablesContinue reading “FACTORS IN DETERMINATION OF VALUE OF LAND FOR PUBLIC AND PRIVATE HOUSING”

PROPORTION OF HOUSEHOLDS OWNING TWO OF MORE CARS

Mr Gerald Giam Yean Song asked the Minister for Transport what is the current proportion of households that own two or more cars and which are (i) HDB households (ii) condominium households and (iii) landed property households respectively. Mr S Iswaran: As of 30 November 2022, about 15% of car-owning households own two or more cars, andContinue reading “PROPORTION OF HOUSEHOLDS OWNING TWO OF MORE CARS”

PLANS TO INCREASE GRANTS TO TOWN COUNCILS TO COPE WITH HIGHER COSTS

Mr Gerald Giam Yean Song asked the Minister for National Development whether the Ministry has any plans to increase its grant to Town Councils to cope with higher costs, including for electricity and other Town Council contracts. Mr Desmond Lee: Town Councils (TCs) are autonomous legal entities formed under the TCs Act and managed by elected MembersContinue reading “PLANS TO INCREASE GRANTS TO TOWN COUNCILS TO COPE WITH HIGHER COSTS”

WORK PASSES ISSUED UNDER MANPOWER FOR STRATEGIC ECONOMIC PRIORITIES SCHEME

13 Mr Gerald Giam Yean Song asked the Minister for Trade and Industry regarding the introduction of the Manpower for Strategic Economic Priorities scheme (a) what signal does the Ministry intend to send to companies with regard to their commitment to reduce dependence on low- and mid-skilled foreign workers; and (b) what impact will this have onContinue reading “WORK PASSES ISSUED UNDER MANPOWER FOR STRATEGIC ECONOMIC PRIORITIES SCHEME”

EMPLOYMENT PASSES ISSUED TO NON-RESIDENTS WHO SECURED NEW JOBS IN THIRD QUARTER 2022 AND MEASURES TO ENCOURAGE SINGAPOREANS TO FILL THESE ROLES

Mr Gerald Giam Yean Song asked the Minister for Manpower of the 75,900 new jobs created in Q3 2022 where 71,100 went to non-residents (a) how many of the non-residents are employed under (i) Employment Passes (ii) S Passes and (iii) work permits or other passes; (b) whether the Minister expects most new jobs created to goContinue reading “EMPLOYMENT PASSES ISSUED TO NON-RESIDENTS WHO SECURED NEW JOBS IN THIRD QUARTER 2022 AND MEASURES TO ENCOURAGE SINGAPOREANS TO FILL THESE ROLES”

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”

PARTICIPATION IN INTERNATIONAL FUSION REACTOR PROJECTS AND AVAILABILITY OF FUNDING

Mr Gerald Giam Yean Song asked the Prime Minister with regard to the recent experimental developments in fusion and the Government’s previously stated aims to look into nuclear fusion as a source of electricity generation (a) whether the National Research Foundation is looking to participate in any international fusion reactor projects, like the International Thermonuclear Experimental ReactorContinue reading “PARTICIPATION IN INTERNATIONAL FUSION REACTOR PROJECTS AND AVAILABILITY OF FUNDING”

MEDICAL CLAIMS FOR LARGER RANGE OF OUTPATIENT TREATMENTS THAT DO NOT REQUIRE HOSPITALISATION

Mr Gerald Giam Yean Song asked the Minister for Health whether there are plans to work with insurers to enable medical claims to be made for a larger range of outpatient treatments that do not require hospitalisation, thereby alleviating both the financial out-of-pocket burden of families as well as the hospital bed crunch. Mr Ong Ye Kung: IntegratedContinue reading “MEDICAL CLAIMS FOR LARGER RANGE OF OUTPATIENT TREATMENTS THAT DO NOT REQUIRE HOSPITALISATION”

BANKRUPTCY OF CRYPTOCURRENCY TRADING PLATFORM FTX AND IMPACT ON SINGAPORE’S FINANCIAL MARKETS, REGULATION OF SUCH ASSET CLASS AND STRATEGIES OF SINGAPORE’S INVESTMENT ENTITIES

9 Ms He Ting Ru asked the Prime Minister (a) whether MAS will consider leading a specific study into the regulatory lessons to be learnt from the collapse of cryptocurrency exchanges such as Terra and FTX; and (b) whether there needs to be tighter requirements to ensure the stability of regulated cryptocurrency exchanges in Singapore. 10 Mr Dennis TanContinue reading “BANKRUPTCY OF CRYPTOCURRENCY TRADING PLATFORM FTX AND IMPACT ON SINGAPORE’S FINANCIAL MARKETS, REGULATION OF SUCH ASSET CLASS AND STRATEGIES OF SINGAPORE’S INVESTMENT ENTITIES”

INCLUSION OF DATA FROM “BUY NOW, PAY LATER” AND LICENSED MONEYLENDER ARRANGEMENTS IN CONSUMER CREDIT REPORTS

Mr Gerald Giam Yean Song asked the Prime Minister (a) whether credit payment data from “Buy Now, Pay Later” (BNPL) arrangements and licensed moneylenders are included in consumer credit reports; (b) what are the considerations for their inclusion or non-inclusion; and (c) what is MAS doing to step up consumer education about the debt risks of takingContinue reading “INCLUSION OF DATA FROM “BUY NOW, PAY LATER” AND LICENSED MONEYLENDER ARRANGEMENTS IN CONSUMER CREDIT REPORTS”