Louis Chua – Page 15 – Office of the Leader of the Opposition

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”

MEDIAN AND AVERAGE CPF ACCOUNT BALANCES AND PRINCIPAL AMOUNT WITHDRAWN FOR RESIDENTIAL PROPERTIES BY AGE DECILE

Mr Chua Kheng Wee Louis asked the Minister for Manpower (a) what are the current median and average (i) CPF Ordinary Account, Special Account and MediSave Account balances; (b) what is the current total principal amount withdrawn for residential properties, broken down by age deciles respectively. Dr Tan See Leng: The median and average CPF Ordinary Account,Continue reading “MEDIAN AND AVERAGE CPF ACCOUNT BALANCES AND PRINCIPAL AMOUNT WITHDRAWN FOR RESIDENTIAL PROPERTIES BY AGE DECILE”

HDB FLATS WITH OUTSTANDING MORTGAGE LOANS

Mr Chua Kheng Wee Louis asked the Minister for National Development (a) what is the current number and percentage of HDB flats with outstanding mortgage loans; (b) what is the median and average loan balance outstanding, broken down by mortgage loans owed to (i) private financial institutions and (ii) HDB respectively. Mr Desmond Lee: As of theContinue reading “HDB FLATS WITH OUTSTANDING MORTGAGE LOANS”

PAY RATIO DISCLOSURES FOR MINISTRIES, STATUTORY BOARDS AND GOVERNMENT-LINKED COMPANIES

Mr Chua Kheng Wee Louis asked the Prime Minister whether the Government is considering implementing pay ratio disclosures to require Ministries, Statutory Boards and Government companies to disclose the ratio of top to median, lower quartile and upper quartile staff pay ratios and, if not, why not. Mr Chan Chun Sing (for the Prime Minister): In OctoberContinue reading “PAY RATIO DISCLOSURES FOR MINISTRIES, STATUTORY BOARDS AND GOVERNMENT-LINKED COMPANIES”

INSTALLATION OF AIR-CONDITIONING UNITS IN RENTAL FLATS

Mr Chua Kheng Wee Louis asked the Minister for National Development (a) whether the installation of air-conditioning units for rental flats is banned; (b) if so, when was this rule implemented; (c) what is the number of appeals and successful appeals against this rule over the last five years; and (d) whether the Government will reconsiderContinue reading “INSTALLATION OF AIR-CONDITIONING UNITS IN RENTAL FLATS”

REGULATING GROWTH OF PRIVATE HIRE AND RENTAL CAR POPULATIONS

Mr Chua Kheng Wee Louis asked the Minister for Transport (a) whether the Government is considering regulating the growth of (i) the private hire car and (ii) rental car population; and (b) if not, why not. Mr S Iswaran: Private hire cars (PHCs), including rental cars and cars used to provide ride-hail and car-sharing services, complement massContinue reading “REGULATING GROWTH OF PRIVATE HIRE AND RENTAL CAR POPULATIONS”

UPDATE ON DISCUSSIONS WITH CHINA ON BILATERAL VISA-FREE TRAVEL ARRANGEMENT

Mr Chua Kheng Wee Louis asked the Minister for Foreign Affairs (a) whether he can provide an update on the Ministry’s discussions with China on the bilateral visa-free travel arrangement; and (b) when will this visa-free travel arrangement be reinstated. Dr Vivian Balakrishnan: Discussions with China on visa exemptions are ongoing. Ministry of Foreign Affairs4 July 2023Continue reading “UPDATE ON DISCUSSIONS WITH CHINA ON BILATERAL VISA-FREE TRAVEL ARRANGEMENT”

UPDATE ON CPIB INVESTIGATION INTO SEATRIUM

Mr Chua Kheng Wee Louis asked the Prime Minister regarding CPIB’s investigation into Seatrium and individuals from the company (a) what is the number of current and former employees of the company being investigated and whether they are based in Singapore; (b) whether the decision by Temasek Holdings to inject capital into then-Sembcorp Marine took into accountContinue reading “UPDATE ON CPIB INVESTIGATION INTO SEATRIUM”

EXEMPTION FROM ADDITIONAL BUYER’S STAMP DUTY FOR PROPERTY PURCHASES BY NATIONALS OF SELECTED COUNTRIES UNDER SINGAPORE-EUROPEAN ASSOCIATION FREE TRADE AGREEMENT

Mr Chua Kheng Wee Louis asked the Deputy Prime Minister and Minister for Finance (a) what is the rationale for having only nationals or permanent residents of selected countries under the Singapore-European Free Trade Association Free Trade Agreement be exempted from Additional Buyer’s Stamp Duty (ABSD) imposed on these foreign buyers of residential properties; and (b)Continue reading “EXEMPTION FROM ADDITIONAL BUYER’S STAMP DUTY FOR PROPERTY PURCHASES BY NATIONALS OF SELECTED COUNTRIES UNDER SINGAPORE-EUROPEAN ASSOCIATION FREE TRADE AGREEMENT”