We have to manage our finances in a responsible way: Lawrence Wong

Prudence in Past Reserves- We have to manage our finance in a responsible way

In 1959, Singa­pore won self-governing status from the British, and general elections were held. Dr Goh Keng Swee resigned as a civil servant to contest as a PAP candidate. When the PAP won, Dr Goh became Singapore’s first Finance Minister. He soon discovered that the government was almost broke, and expected a budget deficit of […]

Jobs Growth Incentive sees more than 270,000 locals hired as of February 2021

Jobs Growth Incentive sees more than 270,000 locals hired as of February 2021

At the start of the pandemic, the Government anticipated that many would lose their jobs. Saving jobs and creating jobs for Singaporeans thus became a central focus of the Singapore Government in this pandemic.  The Jobs Growth Incentive is one such initiative to create good and long-term jobs.  More than 270,000 locals hired As of […]

Why is our schools not producing the required number of talents: Leong Mun Wai

Why is our schools not producing the required number of talents: Leong Mun Wai

PSP Leong Mun Wai asked in Parliament why Singapore’s education system was not producing the required numbers of local talent needed. “Minister Tan said that there’s simply not enough local talent… Then what happened to our education system? What happened after 20 years, you’re still telling Singaporeans that we (have) not enough talent.” Is there […]

Malays in the Singapore army? They serve in the army, navy and air force.

Malays in the Singapore army? They serve in the army, navy and air force.

Someone issued a challenge and the challenge was quickly accepted. 😄 The first Malay to attain the rank of Brigadier-General is Ishak Bin Ismail. He was Parade Commander in 1997. BG Ishak’s career in the army spanned almost 30 years from December 1981 to March 2011. His LinkedIn profile said he served extensively in training […]

Full text of Lawrence Wong’s speech on race and racism

racism

Finance Minister Mr Lawrence Wong’s speech on MULTIRACIALISM AND FAULTLINES delivered at the IPS-RSIS Forum on Race and Racism on 25 June 2021. The speech reproduced in full: Excellencies and distinguished guests Ladies and gentlemen I am very happy to join you for this seminar today. Lately, several worrying incidents have given us pause to […]

Singapore’s financial system has weathered COVID-19 well thus far: MAS Ravi Menon

Singapore financial system

In his remarks at the MAS Annual Report 2020/2021 Virtual Media Conference on 30 June 2021, Mr Ravi Menon, Managing Director of MAS said that the Singapore financial system has weathered COVID-19 well thus far. “Banks entered the crisis from a position of strength and have been a source of stability and support for individuals […]