Economy & business

5,376 debates and bills about economy & business

7 Jul 2026

Lessons on Impact of Tuberculosis Screening on Business Prospects at High Footfall Locations from Recent Exercises at Bedok

TB screening lessons: clear communication prevents rumours; rental rebates eased business impact; community partnerships ensured coordinated response.
Pritam Singh questioned urgency of three-day screening given cases spanned three years, urging differentiated timelines to reduce hawker anxiety.
Minister acknowledged communication gaps, pledged to refine public messaging and incorporate lessons into future protocols.

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7 Jul 2026

Addressing Gaps Identified in Financial Action Task Force's Recent Assessment of Singapore

Singapore performed credibly in FATF mutual evaluation, placed on regular follow-up.
Government will study recommendations and develop risk-proportionate action plans for gaps.
Addressed queries on beneficial ownership, mutual legal assistance, penalties, and maritime proliferation financing.

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7 May 2026

Scope and Rationale of Public Transport Voucher in Offsetting Recent and Cumulative Fare Increases

PTVs only cushion immediate fare hikes, not cumulative increases since 2020.
Other support: $2B annual subsidies, deferred fare hikes, concessions up to 70%.

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7 May 2026

Regulatory Oversight of Car-Sharing Insurance Products and Measures to Address Underwriting Practices and Inflated Repair Claims

All car-sharing vehicles must have valid motor insurance, covering third-party injury and death claims.
MAS regulates insurers, but does not oversee specific car-sharing insurance products.
Government will not intervene in commercial premium and coverage terms between operators and insurers.

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7 May 2026

Assessment of Global Trade Fragmentation Impact on Workers, and Targeted Reskilling and Job Transition Support Measures

Minister deferred to a prior reply on energy crisis and trade fragmentation.
No new details on exposed worker groups or reskilling support were provided.

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7 May 2026

Funding Criteria for Anchor and Partner Operator Preschools, and Proportion of Non-citizen and Non-PR Enrolment

Funding for Anchor and Partner Operator preschools considers enrolment, fee caps, quality benchmarks, and educator salaries.
Government funding design prioritizes Singaporean children, with citizenship of enrolled children factored into grants.
Non-resident children comprise less than 5% of total enrolment in these preschools.

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7 May 2026

Expanding Support for Traditional Sea-Based Fish Farms Through Infrastructure, Funding, Shared Facilities and Biosecurity Assistance

Government provides funding, technology, and infrastructure to help traditional sea-based farms boost resilience and productivity.
Support includes biosecurity, disease management, water quality warnings, and high-quality fingerlings from national hatcheries.
SFA also aggregates supply and demand to secure long-term contracts between farmers and buyers.

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7 May 2026

Measures to Prevent Opportunistic Price Increases by Retailers and Improve Price Transparency for Consumers

Government relies on competition, diversification, and transparency to prevent profiteering.
Price Kaki app and unit pricing help consumers compare prices.
Competition Commission investigates price collusion; public encouraged to report.

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7 May 2026

Breakdown of Complaints Against Car-sharing Companies by Company, Type of Complaint Type and Resolution Outcomes

Car-sharing complaints: overcharging (27%), unclear damage costs (18%), delayed refunds (13%).
CASE resolved 88% via advice or negotiation; 47 pending, 19 unresolved.

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7 May 2026

Assessing Biomedical Sectors Resilience and Recalibrating Singapore's Long-term Economic Strategy to Attract and Retain MNC Manufacturers

Biomedical sector remains resilient hub with 60+ plants and S$4.4B new investments.
Recent closures reflect individual companies' commercial circumstances, not a weaker Singapore value proposition.
Strategy focuses on strengthening fundamentals, innovation, productivity, and advanced technologies like AI.

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7 May 2026

EV Charging Rate Comparisons on Price Kaki App

MP asked if CCCS will add EV charging rates to Price Kaki.
Minister said government supports price comparisons and competitive markets.
CASE is currently assessing feasibility of including such rates.

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7 May 2026

Complaints and Investigations against Car Dealers for Misleading Financing-related Sales Practices

Under 10 complaints yearly on car dealer financing misconduct.
Existing laws like CPFTA, HPA, Misrepresentation Act protect consumers.
Disclosures on interest rates and costs ensure informed decisions.

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7 May 2026

Resources for Sports that Are Not Yet Featured in Major Games But Have High Competitive Potential

Government prioritizes Major Games sports but invests in emerging sports like tchoukball via grants and funding.
Sports participation supports youth development and builds pipelines for high-performance athletes.
Resource allocation is tiered by potential, readiness, and contributions, with long-term support for promising sports.

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7 May 2026

Transactions on Single Residential Land Lots That Hold Multiple Units Not Yet Strata-subdivided and Foregone ABSD Linked to These Transactions

Government lacks data; single-title multi-unit lots taxed as one property, so no ABSD foregone.
Individual unit sales require subdivision first; then each unit counts separately for ABSD.
ABSD policy is regularly reviewed for a stable property market.

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7 May 2026

Regulations to Prevent Insurers from Denying Claims on Newer Procedures Not Explicitly Listed in Legacy Policy Wording

MediShield Life and Integrated Shield Plans follow MOH's regularly updated surgical procedure table.
Existing critical illness policies exclude newer procedures; LIA studies allowing premium-adjusted upgrades.
Consumers should review coverage, with early-stage plans covering broader modern treatments.

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7 May 2026

Number of Individuals Claiming Course Fees Relief and Average Relief Granted Per Individual Per Year

Minister directs MP to data.gov.sg for claimant numbers and relief amounts.
Tax revenue foregone from course fees relief averaged $13 million yearly from 2020 to 2024.

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7 May 2026

Central Provident Fund (Amendment) Bill

Bill transfers Singtel SDS from CPF trusteeship to holders' CDP accounts, allowing cash withdrawals.
MPs supported but flagged scam risks, sale fees, and outreach for senior holders.
Government cited safeguards, noted 81,000 sold, and no plans for similar schemes.

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7 May 2026

Securities and Futures (Amendment) Bill

Bill enables SGX-Nasdaq dual listings to attract issuers, streamline rules, and boost Singapore's equities competitiveness.
Members raised concerns over liquidity concentration overseas, high $2 billion threshold, and retail investor risks.
Minister affirmed safeguards, future exchange partnerships, and broader ecosystem measures to sustain market growth.

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7 May 2026

Info-communications Media Developmemnt Authority (Amendment) Bill

Bill updates IMDA's competition framework for converged media-telecom markets, targeting dominant players.
New separation orders are strict last-resort powers with legal limits, proportionality and appeals.
Speaker ruled absent member Mariam Jaafar's pre-submitted speech cannot appear in Hansard.

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7 May 2026

Recent Patterns in Scams Targeting Seniors

Only seniors 65+ saw scam victim numbers rise, with average $37k losses, mostly investment/impersonation scams.
Scam recovery is low; prevention is critical. Police track totals but not by age group.
Singapore's strategy: upstream online measures, bank/telco collaboration, public education, and international cooperation.

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