18 Feb '11, 4pm

Singapore unveiled a budget on Friday brimming with handouts for poorer citizens, with an eye on elections that...

Singapore unveiled a budget on Friday brimming with handouts for poorer citizens, with an eye on elections that are widely expected in the second quarter and the social impact of rapidly rising prices. Measures for the upcoming financial year included a package of benefits for Singaporeans worth S$6.6 billion ($5.2 billion), as well as lower income taxes for middle-income wage earners, Finance Minister Tharman Shanmugaratnam told parliament in his budget speech. Analysts said that was more than double the incentives announced in the budget before the last election in 2006. Other handouts included increased subsidies for first-time buyers of government-built HDB apartments and grants to lower-income Singaporeans in the form of salary top-ups. Some benefits would be paid into retirement accounts. "The incentives are mainly for lower-income and middle-income households," said...

Full article: http://yoursdp.org/index.php/news/singapore/4610-spore-bu...

Tweets

An Election hong bao or a Budget for an inclusi...

todayonline.com 19 Feb '11, 2am

Each year, the Budget reveals the Government's immediate priorities over not only the next 12 months but also the years ah...

The Singapore government Friday announced a 6.6 billion Singapore dollar (US$5.2 billion) package to enable its...

The Singapore government Friday announced a 6.6...

yoursdp.org 18 Feb '11, 4pm

The Singapore government Friday announced a 6.6 billion Singapore dollar (US$5.2 billion) package to enable its citizens t...

Budget 2011: Lower-income families to benefit f...

channelnewsasia.com 18 Feb '11, 2pm

SINGAPORE: The average Singaporean household will receive about S$3,000 from this year's budget, said the Finance Minister...

[ST] Budget 2011: Keep S'pore affordable

straitstimes.com 17 Feb '11, 10pm

THE annual Budget is one of the most anticipated items on the national agenda. Everyone hopes to benefit in some way. Of l...

#Singapore: Singapore Budget statement out at 3...

straitstimes.com 16 Feb '11, 10pm

Minister of Finance, Tharman Shanmugaratnman will deliver the 2011 Budget Statement on Friday (Feb 18) at 3.30pm. -- ST PH...

Median monthly household income rose to $5,000 ...

todayonline.com 15 Feb '11, 12am

SINGAPORE - As median household incomes grew marginally last year - after adjusting for inflation - compared to recession-...

Minister for Finance, Tharman Shanmugaratnam, w...

straitstimes.com 16 Feb '11, 8am

Minister of Finance, Tharman Shanmugaratnman will deliver the 2011 Budget Statement on Friday (Feb 18) at 3.30pm. -- ST PH...

SDP's Shadow Budget available for download

SDP's Shadow Budget available for download

yoursdp.org 18 Feb '11, 3am

Lower the cost of living including abolishing the GST for basic foodstuffs and medicines, reducing utility rates and lower...

Budget goodies unveiled by Finance Minister Tha...

temasekreview.com 20 Feb '11, 2pm

Finance Minister Tharman Shanmugaratnam announced on Friday that Singaporeans will receive a total of S$6.6 billion of ben...

"The Shadow Budget calls for HDB flats to be sold at cost. The HDB should be a zero-profit venture."

"The Shadow Budget calls for HDB flats to be so...

yoursdp.org 20 Feb '11, 4am

The PAP proposes that the Foreign Worker Levy be raised by $100 in order to discourage the indiscriminate hiring of foreig...

Most Singaporeans happy with Budget 2011

Most Singaporeans happy with Budget 2011

channelnewsasia.com 18 Feb '11, 3pm

SINGAPORE: Singaporeans have welcomed the benefits contained in this year's Budget. Finance Minister Tharman Shanmugaratna...

Budget 2011: Foreign workers to cost employers ...

channelnewsasia.com 18 Feb '11, 9am

SINGAPORE: Employing lower-skilled foreign workers will soon cost more, with the Singapore government introducing further ...

#Singapore: Reduction of personal income taxes: PERSONAL income taxes will be reduced significantly for the midd...

#Singapore: Reduction of personal income taxes:...

straitstimes.com 18 Feb '11, 10am

PERSONAL income taxes will be reduced significantly for the middle and upper-income taxpayers, Finance Minister Tharman Sh...

Budget 2011 Incomes to be raised by 30% over 10...

channelnewsasia.com 18 Feb '11, 8am

SINGAPORE: Finance Minister Tharman Shanmugaratnam has laid out several factors to achieve an inclusive budget to strength...

Budget 2011: Lower-, middle-income households t...

channelnewsasia.com 18 Feb '11, 9am

SINGAPORE: The 2011 Singapore Budget will provide packages worth some S$6.6 billion. Part of the funds are to be received ...