Assoc Prof Jamus Jerome Lim asked the Prime Minister with regard to the proposed trial of a digital Singapore dollar (DSGD) for Government payouts and vouchers (a) whether the proposed restrictions on fungibility and bearer value will undermine the objective of understanding how the DSGD would operate as a genuine electronic currency; and (b) if so, howContinue reading “DIGITAL SINGAPORE DOLLAR AS GENUINE ELECTRONIC CURRENCY”
Category Archives: National Sustainability
GUIDELINES ON LIMITS FOR EXPOSURE TO DIFFERENT ASSET CLASSES FOR NATIONAL SOVEREIGN WEALTH FUNDS
Assoc Prof Jamus Jerome Lim asked the Deputy Prime Minister and Minister for Finance in view of the distinct investment and development mandates for the two national sovereign wealth funds, whether the Ministry issues guidelines to each on acceptable limits for exposure to different asset classes, including alternative assets, such as cryptocurrency and cryptocurrency exchanges. Mr LawrenceContinue reading “GUIDELINES ON LIMITS FOR EXPOSURE TO DIFFERENT ASSET CLASSES FOR NATIONAL SOVEREIGN WEALTH FUNDS”
APPLICABILITY OF GST OFFSET PACKAGES TO SINGAPOREANS EMPLOYED OVERSEAS WITH NO REPORTABLE TAX RETURNS
Assoc Prof Jamus Jerome Lim asked the Deputy Prime Minister and Minister for Finance whether the GST offset packages apply to Singaporeans employed overseas with no reportable tax returns. Mr Lawrence Wong: The Assurance Package (AP) for GST and the permanent GST Voucher (GSTV) scheme are meant to offset Singaporeans’ GST expenses incurred in Singapore. To qualify forContinue reading “APPLICABILITY OF GST OFFSET PACKAGES TO SINGAPOREANS EMPLOYED OVERSEAS WITH NO REPORTABLE TAX RETURNS”
IMPACT OF MALAYSIA’S INTENDED LEGAL ACTION AT ICJ ON SINGAPORE’S DEVELOPMENT PLANS IN AND AROUND PEDRA BRANCA
Mr Gerald Giam Yean Song asked the Minister for Foreign Affairs (a) whether Malaysia’s intention to continue legal action at the International Court of Justice in the case concerning Singapore’s sovereignty over Pedra Branca, Middle Rocks and South Ledge impacts Singapore’s existing and planned development and land reclamation works in and around Pedra Branca; and (b) ifContinue reading “IMPACT OF MALAYSIA’S INTENDED LEGAL ACTION AT ICJ ON SINGAPORE’S DEVELOPMENT PLANS IN AND AROUND PEDRA BRANCA”
COMPLAINTS OF NOISE AND SMELL FROM LIVE CHICKENS IN HDB AND PRIVATE RESIDENTIAL ESTATES
Assoc Prof Jamus Jerome Lim (Sengkang): Thank you. I have two quick supplementary questions. The first is to obtain the assurance from Senior Minister of State that the standard operating procedure is that the first resort is for mediation, rather than slapping the violators with any kind of fine. And I mention this because, I recall,Continue reading “COMPLAINTS OF NOISE AND SMELL FROM LIVE CHICKENS IN HDB AND PRIVATE RESIDENTIAL ESTATES”
MONETARY POLICY AND TARGETED MEASURES TO REIN IN FOOD AND ACCOMMODATION PRICES
Assoc Prof Jamus Jerome Lim (Sengkang): I thank the Minister of State. Since I was mentioned, I thought it would be useful to clarify with a follow-up question. Does MAS actually believe that its targeting of the exchange rate, which I understand, indeed, is the MAS intermediate target – I teach that in my classes –Continue reading “MONETARY POLICY AND TARGETED MEASURES TO REIN IN FOOD AND ACCOMMODATION PRICES”
OVERSIGHT OF PRACTICE WHERE FOREIGN COUNTRIES PURCHASE ADVERTISING OR PRODUCE CONTENT FOR LOCAL CONSUMPTION IN MAINSTREAM AND ALTERNATIVE MEDIA
Mr Dennis Tan Lip Fong asked the Minister for Communications and Information whether there is any Government oversight over foreign countries purchasing advertising or producing content for local consumption in mainstream and alternative media including having articles pertaining to their countries, which are unrelated to the promotion of tourism. Mrs Josephine Teo: Foreign countries are allowed to advertiseContinue reading “OVERSIGHT OF PRACTICE WHERE FOREIGN COUNTRIES PURCHASE ADVERTISING OR PRODUCE CONTENT FOR LOCAL CONSUMPTION IN MAINSTREAM AND ALTERNATIVE MEDIA”
REVISION OF ELECTRICITY MARKET STRUCTURE AND ITS IMPACT ON SINGAPORE’S ENERGY SECURITY AND PRICES FOR CONSUMERS
Mr Chua Kheng Wee Louis asked the Minister for Trade and Industry in relation to guardrails to ensure the security and adequacy of gas supply (a) whether this is expected to result in higher input costs and retail electricity prices; (b) what is the impact on the marginal cost of producing electricity in Singapore; and (c)Continue reading “REVISION OF ELECTRICITY MARKET STRUCTURE AND ITS IMPACT ON SINGAPORE’S ENERGY SECURITY AND PRICES FOR CONSUMERS”
DETAILS OF DISCUSSIONS ON AUSTRALIA-ASIA POWER LINK’S SUN CABLE PROJECT
Ms He Ting Ru asked the Minister for Trade and Industry (a) whether there are ongoing discussions relating to the Australia-Asia Power Link’s Sun Cable project to supply power to Singapore outside of the Request for Proposal programme under the Energy Market Authority; (b) if so, whether details on these discussions can be shared; and (c) whetherContinue reading “DETAILS OF DISCUSSIONS ON AUSTRALIA-ASIA POWER LINK’S SUN CABLE PROJECT”
UPDATE ON LAO PDR-THAILAND-MALAYSIA-SINGAPORE POWER INTEGRATION PROJECT
Ms He Ting Ru asked the Minister for Trade and Industry (a) whether the flow of electricity from Lao PDR to Singapore under the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) has remained stable; (b) whether an update can be provided on the amount of electricity imported to Singapore since 23 June 2022; (c) whether there are plansContinue reading “UPDATE ON LAO PDR-THAILAND-MALAYSIA-SINGAPORE POWER INTEGRATION PROJECT”
