Tech Insights
The Singapore Pension Scheme 2025 is set to revolutionize retirement planning for citizens, introducing significant changes that promise to enhance financial security in later years.As part of the upcoming CPF changes in 2025, individuals will benefit from an increased Enhanced Retirement Sum that now stands at $426,000, ensuring higher monthly payouts through CPF LIFE.
Read more
The Singapore Workfare Income Supplement (WIS) is a vital initiative designed to bolster the financial well-being of self-employed individuals (SEPs) and lower-income workers.Launched in 2007, this program aims to provide essential support for those earning below a specific threshold, enhancing their economic stability.
Read more
Investing in the Year of the Snake presents a unique opportunity for both seasoned investors and those just starting their financial journey.As we embrace the traits of the Snake, known for its adaptability and strategic foresight, the landscape of investment becomes more intriguing.
Read more
The S$700 Government Payout 2025 is a significant financial relief initiative introduced by the Singapore government to assist citizens in navigating the challenges of rising living costs.As part of the broader Assurance Package, this payout aims to provide essential support to eligible Singaporeans facing economic pressures.
Read more
CPF retirement planning is a vital aspect of securing financial stability for Singaporeans as they approach their golden years.The Central Provident Fund (CPF) system not only provides a solid framework for retirement savings but also adapts to the evolving needs of retirees, especially with the CPF updates for 2024.
Read more
Singapore employment fraud has emerged as a pressing issue, particularly highlighted by the recent arrest of eleven individuals accused of supplying the Ministry of Manpower (MOM) with false employment information.These suspects, including directors of several construction companies, allegedly manipulated hiring quotas for foreign workers by inflating the number of local employees through deceitful Central Provident Fund (CPF) contributions.
Read more
In January 2025, Singapore will distribute its much-anticipated quarterly payment of up to $1,080 under the Silver Support Scheme, reinforcing the nation’s dedication to senior citizens support.This initiative is designed to provide financial assistance for seniors who may be facing challenges due to limited savings or income, ensuring a dignified retirement.
Read more
The Workfare Income Supplement Singapore (WIS) program is a crucial initiative aimed at supporting lower-income individuals, particularly in the growing gig economy.As Singapore gears up for the WIS eligibility 2024, platform workers will benefit from significant enhancements that address their unique challenges, such as inconsistent income and lack of job security.
Read more
The Medisave Payment in February 2025 is set to provide significant financial support to many Singaporeans.Beginning on February 11, eligible individuals will receive an automatic top-up of S$150 credited directly into their CPF Medisave accounts as part of the Assurance Package Medisave initiative.
Read more
In a significant turn of events, the Vibrant Group lawsuit victory marks a pivotal moment in corporate accountability, as the High Court of the Republic of Singapore ruled in favor of the company against former executives Peng Yuguo and Tong Chi Ho of Blackgold Australia.The court found that these individuals had falsified accounts and inflated sales figures, leading to substantial financial losses for Vibrant Group.
Read more