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Finance Minister Lawrence Wong announced today (February 18) that GST will go up from 7 percent to 8 percent on January 1, 2023, and 9 percent on Janu ....
Singapore News - The number of individuals receiving financial aid from ComCare, a key social safety net for the low-income in Singapore, was the highest in its last financial year since it was set up in 2005. A total of 96,040 beneficiaries were on the various Community Care Endowment Fund. Read more at www.tnp.sg ....
Nations need to plan for a better world in 2050 Sara Al-Mulla Pedestrians move through Times Square in New York City. (Reuters) Short Url https://arab.news/j4sqg Humanity will be close to a momentous milestone by the year 2050, as the global population is expected to near 10 billion, according to the UN’s World Population Prospects report. This population boom will bring with it an array of challenges, driven primarily by an interplay of important demographic factors, such as fertility, life expectancy, migration, and mortality rates. The report highlights a number of insights that are critical for policymakers to examine. One of the most influential trends identified is the growth of the elderly population and improvement of life expectancy at birth to 77.1 years. By 2050, one in six people in the world will be aged 65 or over, with some regions facing an even higher ratio. This will have significant implications for countries’ healthcare expenditure, ....