UPDATE ON EXPANSION OF MARINA BAY SANDS UNDER ITS SECOND DEVELOPMENT AGREEMENT WITH SINGAPORE TOURISM BOARD

Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry (a) whether he can provide an update on the Second Development Agreement between the Singapore Tourism Board and Marina Bay Sands (MBS); (b) whether MBS is on track to meet the construction commencement date of 8 April 2023 for its expansion project under theContinue reading “UPDATE ON EXPANSION OF MARINA BAY SANDS UNDER ITS SECOND DEVELOPMENT AGREEMENT WITH SINGAPORE TOURISM BOARD”

DIFFERENCE IN INCOME TAX PAYABLE FOR WORKING MOTHERS FROM NEW WORKING MOTHER’S CHILD RELIEF

Mr Chua Kheng Wee Louis asked the Deputy Prime Minister and Minister for Finance based on the personal income tax data of working mothers for Year of Assessment 2022, what is the percentage of mothers who would (i) pay a higher amount of income tax, (ii) experience no change in income tax paid and (iii) payContinue reading “DIFFERENCE IN INCOME TAX PAYABLE FOR WORKING MOTHERS FROM NEW WORKING MOTHER’S CHILD RELIEF”

PERFORMANCE OF COMPANIES UNDER GLOBAL TRADER PROGRAMME

Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry (a) what is the number of companies under the Global Trader Programme (GTP); (b) what are their (i) revenues, (ii) pre-tax profits and (iii) taxes paid in the last five years; and (c) whether the GTP will lapse should the Government implement a domesticContinue reading “PERFORMANCE OF COMPANIES UNDER GLOBAL TRADER PROGRAMME”

Open Market Rental Affordability

Mr Chua Kheng Wee Louis: Back in January this year, I asked MND whether the Government would consider providing a time-limited rental subsidy for rental flat applicants who qualify for the Parenthood Provisional Housing Scheme (PPHS) and Public Rental Scheme (PRS) respectively, provided that they are unable to find alternative temporary housing arrangements and haveContinue reading “Open Market Rental Affordability”

Unpegging Home Loan Rates from CPF Ordinary Account Rates

Mr Chua Kheng Wee Louis: Chairman, in November last year, I asked the Minister for National Development if the funds obtained by HDB to issue housing loans are derived from CPF and whether the Government can consider to unpeg the HDB concessionary interest rate for housing loans from the prevailing CPF Ordinary Account (OA) interest rateContinue reading “Unpegging Home Loan Rates from CPF Ordinary Account Rates”

Improving Current BTO Model

Mr Chua Kheng Wee Louis: Chairman, in my cut last year, I called for the Government to build a larger percentage of HDB stock ahead of demand. During the housing debate earlier this year, my hon friend Leon Perera mooted this idea as well, recognising that if we can build industrial facilities ahead of demand, canContinue reading “Improving Current BTO Model”

F&B and Retail Options in Existing Towns

Mr Chua Kheng Wee Louis (Sengkang): The rising cost of living and uncertain economic outlook have made Singaporeans more cost conscious about their food options, which makes hawker centres, with their eclectic mix of delicious local food at affordable prices, the preferred places for meals for most. However, given the uneven distribution of hawker centres aroundContinue reading “F&B and Retail Options in Existing Towns”

Flexible Work Arrangements

Mr Chua Kheng Wee Louis: When DORSCON Green was announced, many Singaporeans shared their fears of having to go back to the pre-COVID-19 way of work – and this has for the most part been quite true. In fact, many bosses are asking their staff to work from the office, with a preference to “see” theirContinue reading “Flexible Work Arrangements”

Reform of CPF Ordinary Account Rates

Mr Chua Kheng Wee Louis (Sengkang): The CPF Board’s vision is, among others, to enable Singaporeans to have a secure retirement through lifelong income. It is imperative that therefore we consistently review and revise, where necessary, the mechanisms that underlie its functions to ensure that it serves its purpose as effectively as possible. One ofContinue reading “Reform of CPF Ordinary Account Rates”

Enhancing CPF Returns

Mr Chua Kheng Wee Louis (Sengkang): Chairman, on the topic of enhancing CPF returns, I would like to once again take the chance to raise concerns that I have previously voiced out in Parliament in the past two years. The CPF scheme plays an important role in securing Singaporeans’ retirement needs and it is after allContinue reading “Enhancing CPF Returns”