Economy & business

5,376 debates and bills about economy & business

4 Aug 2026

Addressing Foreign Worker Levy Overcharges on Marine Shipyard Firms, and Tracking Refunds and Adjustment Timelines Following Auditor-General's Office Findings

Excess foreign worker levy totalled $8.3 million from January to May 2026.
All 1,018 affected marine shipyard firms fully refunded via offsets or credits.
Manpower Ministry completed rectification and strengthened internal processes.

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4 Aug 2026

Assessing Limited Reach of CPF Ordinary Wage Ceiling Increase and Plans to Review Wage Ceiling Framework

Tay asked why only 20% of CPF members benefited from the wage ceiling rise.
Lau clarified 20% earn over $6,000 monthly but under $102,000 annual cap.
Government will periodically review wage ceilings to cover broad majority of resident workers.

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4 Aug 2026

Ensuring Fair Ride-hailing Platform Commissions Through Fee Monitoring, Standardised Disclosures and Earnings Safeguards for Drivers

Transport sector remains market-based; no plans to cap ride-hail commissions or passenger fares.
Keeping the market open and contestable supports driver livelihoods.
NTUC and platform operators established fair earnings principles in September 2025.

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4 Aug 2026

Measures to Help Point-to-point EV Drivers Manage Higher Operating Costs Amid Projected Electricity Price Rise

Minister cited $200 cash relief to active point-to-point drivers, including EV drivers, for energy crisis.
No future measures specified for projected July 2026 electricity price increase.

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4 Aug 2026

Apportioning Neighbourhood Renewal Programme Budget for Resident-led Proposals

Mr Foo asked if NRP budget could be apportioned for resident-led proposals.
Minister replied Town Councils already have flexibility to fund resident-proposed projects.
Implementation subject to technical feasibility.

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4 Aug 2026

Reviewing Infrastructure Cost Sharing, Tender Evaluation Criteria and Master Developer Model Following Town Hall Link White Site Launch

Government will fund infrastructure works to reduce development complexity for the smaller Town Hall Link site.
A price-only tender replaces Concept and Price due to reduced scale and fixed requirements.
Master Developer model may still be used for future complex, large-scale sites.

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4 Aug 2026

Data on Startup SG Tech Proof of Concept and Proof of Value Grant Awards, and Breakdown by Industry and Research Institution Origins in Last 10 Years

Startup SG Tech (2017-2025) awarded 84 POC and 99 POV grants.
Only 26 of 84 POC projects later secured POV grants.
No breakdown by industry or university/research origin was available.

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4 Aug 2026

Assessing Due Diligence Findings and Financial Commitments for the Marina South Wellness Attraction Winning Bid

Therme Group won the Marina South Wellness Attraction tender; due diligence found no adverse findings.
Evaluation assessed concept, infrastructure plans, track record, financial strength, and economic impact.
Development costs are fully borne by the bidder; tender details remain confidential.

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4 Aug 2026

Data on First Mover Framework Applications, Approval Rates and Commercialisation Outcomes in Last Five Years

MP asked for five-year data on First Mover Framework applications, approvals, and commercialisation.
Minister: 47 applications since 2021, 13 approved, six progressed to commercialisation.

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4 Aug 2026

Addressing Relocation Trends of Regional Headquarters and Strengthening Singapore's Competitiveness as High-value Regional Hub

Businesses relocate or expand based on market conditions; some firms still choose Singapore.
EDB secured $8.9B in business spending and $14.2B in fixed investment in 2025.
Government will strengthen competitiveness via advanced manufacturing, AI, trust services, quantum and space.

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4 Aug 2026

Detection of Simba Telecom's Alleged Unauthorised Radio Frequency Spectrum Use and Enhancement of Monitoring Mechanisms to Ensure Fair Competition Among Telcos

Sylvia Lim asked if Simba Telecom's unauthorised spectrum use was only found during its M1 merger review.
She also asked if monitoring should be enhanced for fair telecom competition.
Minister Josephine Teo referred her to a prior parliamentary reply on new safeguards.

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4 Aug 2026

Extending Subsidies to Children with Mild Special Needs Attending Private Special Student Care Centres

Yeo asked if subsidies cover mild special needs children in private special student care centres.
Minister replied existing subsidies apply to school-based, community-based, and Special SSCs, subject to income thresholds.

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4 Aug 2026

Average Electricity and Gas Cost Increase Borne by Hawker Stallholders Since 2023

Government does not track individual hawker electricity and gas costs.
Average utilities stayed around 7% of operating costs in 2023-2024.
Tariffs rose in 2024, eased, then rose again from July 2026 due to Middle East conflict.

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4 Aug 2026

Reviewing MediSave Withdrawal Limits and Government Co-funding Schemes for Assisted Conception at Private Centres

MediSave limits for assisted conception are based on public-centre costs after co-funding.
MP asked if limits suffice for timely treatment at private centres where co-funding is unavailable.
MOH is reviewing co-funding and MediSave limits; details will be announced later.

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4 Aug 2026

Channelling Recovered Funds from Scam-related Offences Towards International Enforcement Cooperation, Victim Support and Targeting Transnational Scam Syndicates

Recovered scam funds go into the Consolidated Fund for general government spending.
Anti-scam spending is separate, based on Ministry budget allocations.
No direct channelling to international, victim, or syndicate-targeting efforts.

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4 Aug 2026

Exploring Institutional Trade Links Between EU Frameworks and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Structures

Jackson Lam asked about institutional trade links between EU frameworks and CPTPP.
Gan Kim Yong: EU-CPTPP Trade and Investment Dialogue launched November 2025.
It covers supply chain resilience, digital trade; Singapore remains active.

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4 Aug 2026

Pursuing Modular and Sector-Specific EU-ASEAN Trade Cooperation Ahead of Full EU-ASEAN FTA

EU is ASEAN’s third-largest trade partner; bilateral FTAs with several members are progressing.
Cooperation prioritises digital trade, green technologies, and supply chain resilience.
These sectoral efforts serve as building blocks toward a full region-to-region EU-ASEAN framework.

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4 Aug 2026

Reviewing GST Voucher Eligibility Framework to Reflect Current Economic Conditions

Government periodically reviews GST Voucher scheme, raising income threshold to $39,000.
Scheme is individual-based; household support comes via other measures like U-Save.
No immediate changes; will review considering incomes and economic conditions.

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4 Aug 2026

Developing Centralised Digital Service for Consumers to Manage Recurring Payment Authorisations Across Financial Institutions

MAS asked about centralised service for managing recurring payments.
Reply: existing bank and provider platforms suffice.
MAS will monitor and review if needed.

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4 Aug 2026

Data on Complaints and Chargeback Requests Across Banks, Card Issuers and Payment Institutions Involving Unauthorised Online Spending by Minors

MAS lacks data on minor-related online spending disputes, receiving only a few feedback cases in five years.
Customers resolve such disputes directly with banks.
Parents control minors' accounts and are urged to guide online spending.

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