SINGAPORE Upgrading work on ageing homes, the development of new flats and more keys being issued to buyers were among the factors that drove the Housing Development Board (HDB)'s deficit to a record $5.38 billion for the 2022 financial year (FY) from April 2022 to March 2023. This was about 23 per cent higher than the $4.367 billion deficit.
Planning for retirement in your 20s or 30s may sound early, but if you consider the soaring inflation in Singapore, starting your legacy planning in advance is no longer good to have but a must. Based on July's inflation rate of 3.8 per cent, which is a conservative figure, a bowl of fishball noodle priced at $5 now can easily.
How to Start Planning For Retirement in Your 20s and 30s theindependent.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindependent.sg Daily Mail and Mail on Sunday newspapers.
The city-state’s greying population and the rising cost of living present immediate challenges that must be addressed, but the most important responsibility of the government is to strengthen the economy for future generations, said Prime Minister Lee Hsien Loong.
Singapore’s greying population and the rising cost of living present immediate challenges that must be addressed, but the most important responsibility of the Government is to strengthen the economy for future generations, said Prime Minister Lee Hsien Loong on Saturday.