Goods and Services Tax (GST) Voucher Scheme To Offer More Support to Eligible Beneficiaries

Goods and Services Tax (GST) Voucher Scheme To Offer More Support to Eligible Beneficiaries

Starting 1st January 2025, the Singapore government will adjust the Annual Value (AV) thresholds for several social support schemes, including the Goods and Services Tax (GST) voucher scheme, benefiting over 1 million residential properties. Designed to help lower- and middle-income households manage living costs, the Goods and Services Tax (GST) voucher scheme will provide enhanced…

Singapore Ranks First Globally in Public Administration Index

Singapore Ranks First Globally in Public Administration Index

Singapore continues to learn from best practices to top global public administration index Singapore was ranked first globally in the public administration index, according to the Blavatnik Index of Public Administration. The Blavatnik Index of Public Administration framework measurement measures broad areas of public administration such as national delivery, public policy, people and processes, and…

Upskill Initiatives Announced for Carbon Services and Trading Growth in Singapore

Upskill Initiatives Announced for Carbon Services and Trading Growth in Singapore

Upskill Initiatives in Singapore Designed for Carbon Services and Trading Growth Singapore has unveiled a new academy aimed at strengthening its position as a global leader in sustainability and carbon markets. The initiative will upskill approximately 300 professionals in carbon services and trading, providing specialised training in key areas critical to the sector’s growth.  …

Singapore Tightening Anti-Money Laundering Rules

Singapore Tightening Anti-Money Laundering Rules

Anti-Money Laundering Rules in Singapore Now Have Additional Measures Singapore officials unveiled additional anti-money laundering rules pertaining to inter-agency data sharing, dormant entities and channels closure, and programs to encourage businesses to report suspected activities. After uncovering a massive money laundering network last year, authorities seized over $2.2 billion in assets and imprisoned ten foreigners.…

Singapore and Indonesia Strengthen Low-Carbon Energy Ties

Singapore and Indonesia Strengthen Low-Carbon Energy Ties

Singapore & Indonesia to Collaborate on Low-Carbon Power Singapore will be importing more low-carbon electricity in collaboration with Indonesia. In its effort to further strengthen the nation’s commitment to sustainable energy, Singapore has identified Indonesia as a key partner in this green goal. On Thursday, Senior Minister, Mr Teo Chee Hean, announced that Singapore will…