Mr Chua Kheng Wee Louis (Sengkang): Chairman, as late as May 2024, I asked the Prime Minister about the Government’s assessment of the adequacy and effectiveness of existing measures to increase the attractiveness of the Singapore equities market, and whether the Government will take the lead in promoting our equities market by encouraging the privately-owned companiesContinue reading “A Vibrant Equities Market”
Category Archives: MPs
Rethinking CDC Voucher Scheme
Mr Chua Kheng Wee Louis (Sengkang): Lastly, on rethinking the CDC Voucher Scheme. In my 2024 and the recent 2025 Budget debate speeches, I highlighted that while the CDC Vouchers Scheme has provided some support for Singaporeans amidst the high cost of living, the support rendered is broad-based, with low-income households receiving the same payout as thatContinue reading “Rethinking CDC Voucher Scheme”
GST Concession to Hotels and Restaurants
Mr Chua Kheng Wee Louis (Sengkang): Singaporeans compare prices to get the best value for money for their purchases and to better manage the cost of living. According to the 2023 Household Expenditure Survey, about 16% of Singaporeans’ monthly expenditure is on food and beverage (F&B) services. Unfortunately, it is more complicated to compare prices when eatingContinue reading “GST Concession to Hotels and Restaurants”
Sovereign Wealth Fund Transparency
Mr Chua Kheng Wee Louis (Sengkang): Chairman, the reason for my cut on Sovereign Wealth Funds (SWF) transparency is simple. We must demand better standards from the investment managers managing our reserves and take the lead in transparency, accountability and governance standards, as these involve the stewardship of public monies for all Singaporeans, not just itsContinue reading “Sovereign Wealth Fund Transparency”
Rekindling Exploratory Research & Quantum Computing
Rekindling Exploratory Research Ms He Ting Ru: Madam, Singapore’s research and development (R&D) landscape has a reputation for efficiency and the announcements in this year’s Budget undoubtedly add to our strengths in physical infrastructure. However, there is room to nurture truly visionary scientific research backed by the idea that detours and exploratory science can yield theContinue reading “Rekindling Exploratory Research & Quantum Computing”
Moving from a Linear to Circular Economy
Ms He Ting Ru (Sengkang): Sir, when we refer to the circular economy in terms of our reduce, reuse and recycle targets, our concern typically comes from when is the day that Pulau Semakau is no longer able to take any more refuse. But I would like to ask the National Climate Change Secretariat (NCCS)Continue reading “Moving from a Linear to Circular Economy”
Progressive Wage Credit Scheme
Ms He Ting Ru (Sengkang): Mr Chairman, the Progressive Wage Model (PWM) has benefited many lower-wage Singaporean workers. We support this as workers deserve to be paid living wages. However, I have some questions today about the long-term sustainability of the Progressive Wage Credit Scheme (PWCS) in the context of our overall economy and what MOF’sContinue reading “Progressive Wage Credit Scheme”
Debate on Annual Budget Statement
Mr Gerald Giam Yean Song (Aljunied): Mdm Deputy Speaker, many mid-career professionals, managers, executives and technicians (PMETs) are under pressure. Some are in industries that are shrinking or being disrupted, where jobs are disappearing faster than new ones are created. Others see their roles changing because of automation or AI. Some even face the anxiety of beingContinue reading “Debate on Annual Budget Statement”
Debate on Annual Budget Statement
Mr Muhamad Faisal Bin Abdul Manap (Aljunied): Madam, let me begin by acknowledging the considerable thought and effort that must have gone into the formulation of Budget 2025. The world is growing more complex and the impact of global developments are bound to have a significant impact on Singapore, given our dependence on international tradeContinue reading “Debate on Annual Budget Statement”
Debate on Annual Budget Statement
Ms Sylvia Lim (Aljunied): Mr Speaker, I wish to focus on managing costs and resources for all. I will address three critical areas: one, budget marksmanship; two, the concept of affordability; and finally, the challenges faced by some vulnerable Singaporeans. First, on budget marksmanship. As highlighted by fellow Members, the Ministry of Finance’s (MOF’s) budgetContinue reading “Debate on Annual Budget Statement”
Office of the Leader of the Opposition 