PQ: Louis Chua – Page 11 – Office of the Leader of the Opposition

EFFECTS OF INDUSTRIAL LIGHT & MAGIC’S DECISION TO END SINGAPORE OPERATIONS

Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry with regard to the decision by Industrial Light & Magic to end its operations in Singapore (a) what is the expiry date of the tax incentive schemes granted to the company; and (b) whether the Ministry has the number of Singaporean and non-Singaporean staffContinue reading “EFFECTS OF INDUSTRIAL LIGHT & MAGIC’S DECISION TO END SINGAPORE OPERATIONS”

SCALE OF DORMANT BANK ACCOUNTS IN LOCAL FINANCIAL INSTITUTIONS AND PROTOCOLS FOR HANDLING SUCH ACCOUNTS

Mr Chua Kheng Wee Louis asked the Prime Minister (a) what is (i) the number and (ii) dollar value of deposits held in dormant bank accounts in local financial institutions (FIs); and (b) whether MAS requires local FIs to trace and contact holders of dormant accounts to activate their accounts or claim their funds. Mr LawrenceContinue reading “SCALE OF DORMANT BANK ACCOUNTS IN LOCAL FINANCIAL INSTITUTIONS AND PROTOCOLS FOR HANDLING SUCH ACCOUNTS”

PROFILE OF PROJECTED NUMBER OF SINGAPOREANS ELIGIBLE FOR RETIREMENT SAVINGS BONUS

Mr Chua Kheng Wee Louis asked the Minister for Manpower what is the projected number of Singaporeans who are eligible to receive the Retirement Savings Bonus as broken down by (i) age bands of five years and (ii) males versus females. Dr Tan See Leng: The Ministry of Manpower and the Ministry of Finance are finalising theContinue reading “PROFILE OF PROJECTED NUMBER OF SINGAPOREANS ELIGIBLE FOR RETIREMENT SAVINGS BONUS”

ASSETS MANAGED BY IN-HOUSE AND THIRD PARTY ASSET MANAGERS FOR DYNAMIC, BALANCED AND STABLE FUNDS UNDER SAVER-PREMIUM FUND

Mr Chua Kheng Wee Louis asked the Minister for Defence (a) what is the breakdown of the assets managed (i) directly by in-house investment teams and (ii) third party asset managers for the Dynamic, Balanced and Stable funds respectively under the SAVER-Premium Fund; and (b) what is their current asset class composition compared with their targetContinue reading “ASSETS MANAGED BY IN-HOUSE AND THIRD PARTY ASSET MANAGERS FOR DYNAMIC, BALANCED AND STABLE FUNDS UNDER SAVER-PREMIUM FUND”

ASSETS MANAGED BY IN-HOUSE AND THIRD PARTY ASSET MANAGERS FOR DYNAMIC, BALANCED, STABLE AND LIFECYCLE FUNDS UNDER HOME AFFAIRS UNIFORMED SERVICES INVEST FUND

Mr Chua Kheng Wee Louis asked the Minister for Home Affairs (a) what is the breakdown of assets managed (i) directly by in-house investment teams and (ii) third party asset managers, for the Dynamic, Balanced, Stable and Lifecycle funds respectively under the Home Affairs Uniformed Services INVEST Fund; and (b) what is their current asset-class compositionContinue reading “ASSETS MANAGED BY IN-HOUSE AND THIRD PARTY ASSET MANAGERS FOR DYNAMIC, BALANCED, STABLE AND LIFECYCLE FUNDS UNDER HOME AFFAIRS UNIFORMED SERVICES INVEST FUND”

QUERIES INTO AND LESSONS FROM RECENT BILLION-DOLLAR MONEY LAUNDERING CASE

Ms Sylvia Lim asked the Minister for Home Affairs what is the extent to which Suspicious Transaction Reports (STRs) are useful in uncovering suspected money laundering activities. Assoc Prof Jamus Jerome Lim asked the Minister for Home Affairs (a) whether there are practical disparities between the implementation of AML protocols when executed by officers employed in MAS-regulated financial institutionsContinue reading “QUERIES INTO AND LESSONS FROM RECENT BILLION-DOLLAR MONEY LAUNDERING CASE”

UPDATE ON INVESTIGATIONS INTO ALLEGED MISTREATMENT OF CHILDREN AT CENTRES OF PRESCHOOL CHAIN

Mr Chua Kheng Wee Louis asked the Minister for Social and Family Development (a) when did ECDA start tracking the number of preschools that have CCTVs on their premises; (b) of the preschools with CCTVs installed, what is the proportion of preschools where CCTVs are installed in areas used by children; and (c) of the preschools underContinue reading “UPDATE ON INVESTIGATIONS INTO ALLEGED MISTREATMENT OF CHILDREN AT CENTRES OF PRESCHOOL CHAIN”

REVIEW OF OIL AND GAS INDUSTRY’S PRESENCE IN SINGAPORE

Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry (a) whether the Ministry has conducted a recent review of the oil and gas industry’s presence in Singapore; (b) what is the expected impact of a potential exit by a key oil and gas company, such as Shell, on the industry; (c) what areContinue reading “REVIEW OF OIL AND GAS INDUSTRY’S PRESENCE IN SINGAPORE”

COMPENSATION FOR HAWKERS AND MARKET STALLHOLDERS AFFECTED BY CLOSURES DUE TO REPAIRS OR RENOVATIONS

Mr Chua Kheng Wee Louis asked the Minister for Sustainability and the Environment (a) what is the amount of compensation provided to hawkers and market stallholders for MSE-owned and HDB-owned hawker centres and markets in the event of closures due to repairs and redecoration or renovation works; and (b) what is the basis for the determinationContinue reading “COMPENSATION FOR HAWKERS AND MARKET STALLHOLDERS AFFECTED BY CLOSURES DUE TO REPAIRS OR RENOVATIONS”