Mr Chua Kheng Wee Louis asked the Prime Minister how has the share of private residential properties and HDB flats with outstanding mortgage loans changed since the 2008 Global Financial Crisis. Mr Tharman Shanmugaratnam (for the Prime Minister): The share of private residential property owners with outstanding mortgage loans increased from 54% to 62% between 2011 and 2013,Continue reading “CHANGE IN SHARE OF PRIVATE RESIDENTIAL PROPERTIES AND HDB FLATS WITH OUTSTANDING MORTGAGE LOANS SINCE 2008 GLOBAL FINANCIAL CRISIS”
Category Archives: National Sustainability
WINDFALL TAXES ON ENERGY COMPANIES IN LIGHT OF THEIR RECORD PROFITS
The following question stood in the name of Mr Chua Kheng Wee Louis – To ask the Deputy Prime Minister and Minister for Finance (a) whether the Government has considered implementing windfall taxes on energy companies in light of record profits by oil majors; and (b) what are the considerations behind implementing or not implementing such aContinue reading “WINDFALL TAXES ON ENERGY COMPANIES IN LIGHT OF THEIR RECORD PROFITS”
STUDIES ON ANNUAL MORTALITY AND COST ASSOCIATED WITH AIR POLLUTION FROM HUMAN ACTIVITIES
Mr Leon Perera asked the Minister for Sustainability and the Environment (a) whether the Ministry has done studies on the annual mortality associated with air pollution from human activities in Singapore; (b) if so, what is the number of annual deaths in the last five years; (c) whether the Government has an estimate on the annual monetaryContinue reading “STUDIES ON ANNUAL MORTALITY AND COST ASSOCIATED WITH AIR POLLUTION FROM HUMAN ACTIVITIES”
INDUSTRY-SPECIFIC TARGETS FOR PM2.5 POLLUTION
Mr Leon Perera asked the Minister for Sustainability and the Environment (a) whether the Ministry has industry-specific targets for PM2.5 pollution; and (b) whether there is any data showing our progress on such targets over the last five years. Ms Grace Fu Hai Yien: The National Environment Agency (NEA) sets standards on air pollutant emissions, including particulate matterContinue reading “INDUSTRY-SPECIFIC TARGETS FOR PM2.5 POLLUTION”
IMPACT OF FTX’S BANKRUPTCY ON IMPLEMENTATION OF DIGITAL SINGAPORE DOLLAR AND SINGAPORE INVESTORS AND BUSINESSES
Ms He Ting Ru asked the Prime Minister (a) whether there is an estimated number of Singapore investors who are affected by the insolvency of cryptocurrency trading platform FTX; (b) what is the estimated size of total investments affected; and (c) of these, how many are from retail investors. Mr Tharman Shanmugaratnam (for the Prime Minister): I thankContinue reading “IMPACT OF FTX’S BANKRUPTCY ON IMPLEMENTATION OF DIGITAL SINGAPORE DOLLAR AND SINGAPORE INVESTORS AND BUSINESSES”
TREATMENT OF SINGAPORE BANKS’ CRYPTO ASSET EXPOSURE AND CAPITAL ADEQUACY
Ms He Ting Ru asked the Prime Minister (a) what are MAS’ requirements as to the prudential treatment of Singapore banks’ crypto asset exposure; and (b) what are the risk-weighting requirements applicable to crypto asset exposures in assessing Singapore banks’ capital adequacy. Mr Tharman Shanmugaratnam (for the Prime Minister): Singapore-incorporated banks’ exposures to crypto assets are insignificant, contributingContinue reading “TREATMENT OF SINGAPORE BANKS’ CRYPTO ASSET EXPOSURE AND CAPITAL ADEQUACY”
VALUATION OF NEW AND OLD RECLAIMED LAND AND THEIR INCLUSION IN CURRENT AND PAST RESERVES
Mr Pritam Singh asked the Deputy Prime Minister and Minister for Finance (a) does the value of new land that has been reclaimed go into current reserves; (b) whether this value is based on the actual cost of reclamation or the value of new land in reference to the Chief Valuer’s land betterment charge (LBC) tables; andContinue reading “VALUATION OF NEW AND OLD RECLAIMED LAND AND THEIR INCLUSION IN CURRENT AND PAST RESERVES”
MEASURES TO PREVENT AND MANAGE RISKS FROM CROWD SURGES DURING FESTIVE PERIODS AND PUBLIC EVENTS
Mr Gerald Giam Yean Song asked the Minister for Home Affairs (a) whether the Ministry has identified a list of locations or events in Singapore at risk of crowd surge and stampede situations; (b) what are some of these locations or events; and (c) what are the enhanced safety steps that organisers at these locations orContinue reading “MEASURES TO PREVENT AND MANAGE RISKS FROM CROWD SURGES DURING FESTIVE PERIODS AND PUBLIC EVENTS”
PUBLISHING UNEDITED SUBMISSIONS IN PUBLIC CONSULTATIONS ON PROPOSED LEGISLATION
Mr Gerald Giam Yean Song asked the Minister for Communications and Information whether the Ministry, in compiling the submissions received from individuals and industry players during public consultations on proposed legislation, can publish all unedited submissions after seeking the necessary permission from the feedback providers, to provide the full range of perspectives on the issue at handContinue reading “PUBLISHING UNEDITED SUBMISSIONS IN PUBLIC CONSULTATIONS ON PROPOSED LEGISLATION”
ACCOUNTING FOR USE AND SALE OF STATE LAND
Mr Chua Kheng Wee Louis asked the Deputy Prime Minister and Minister for Finance (a) whether the value of state land which has not been sold is recorded in the Government Financial Statements; (b) if so, whether this is recorded on a historical cost or fair value basis; and (c) whether the total value of Government assetsContinue reading “ACCOUNTING FOR USE AND SALE OF STATE LAND”
