The new scheme, which provides temporary financial aid for workers who have been laid off, was announced by Prime Minister Lee Hsien Loong at this year’s National Day Rally.
The Majulah Package looks to be designed to take into account specific retirement adequacy needs of Singaporeans in this cohort born between 1960 and 1973, says the Institute of Policy Studies’ Christopher Gee.
National Day Rally 2023 will be among Prime Minister Lee Hsien Loong’s last ones and it offered a positive but still cryptic note about Singapore’s 4G leadership transition, says NTU political analyst Felix Tan.
HDB owners often benefit from high resale prices if their flats are in choice locations. It's not a bad thing that Singapore’s public housing is in high demand, says the Institute of Policy Studies’ Woo Jun Jie.