Singapore

Top 1% of Singapore households hold 14% of total household wealth; top 5% hold 33%: Jeffrey Siow

These are broadly comparable to advanced economies with similar wealth Gini coefficients

Labour chief Ng Chee Meng renews calls for advance retrenchment notifications.
SINGAPORE BUDGET 2026

Budget 2026: Raise jobseeker support scheme’s S$5,000 income cap to cover more retrenched PMEs, says NTUC chief

Income cap can be pegged to PMET median monthly income, which was around S$7,600 in 2025, says Ng Chee Meng

SoftBank will act as a link between artificial intelligence technologies and quantum infrastructure.

SoftBank, HorizonX, QAI Ventures to build Singapore quantum hub

Their partnership aims to move quantum innovation from the lab into commercial applications

Chen Ze Ling, DBS’ group head for corporate and SME banking, says the Budget's AI-related initiatives relieve the constraints SMEs face in scaling up AI adoption and integration.
SINGAPORE BUDGET 2026

Budget 2026 repositions SMEs for long-term tough environment: DBS

The bank’s group head for corporate and SME banking highlighted AI, internationalisation, workforce transformation and financing as four key areas the government wants SMEs to build capabilities in

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Of the 31 MPs who spoke over seven hours on Feb 24, several highlighted barriers to AI adoption and proposed measures to ease the transition.
SINGAPORE BUDGET 2026

AI adoption, S$15.1 billion surplus dominate first day of Budget debate

Some MPs call for CDC Vouchers scheme to be refined into a recurring one to better reflect household needs

Workers' Party chief Pritam Singh warns that the government should be “conscious of the public cynicism and detachment” that grows when Singaporeans cannot see a clear accounting of how public funds are being used and the results that have been achieved.
BUDGET 2026

WP chief Pritam Singh calls for public ‘report cards’ on major spending, questions ministerial bonus metrics

He says publicly reporting outcomes would strengthen transparency and enable MPs to better scrutinise government spending

The government has been strengthening measures to enhance workers’ career resilience and support career transitions, says Senior Minister of State for Manpower Koh Poh Koon.

S$10 billion invested in workforce initiatives over past five years: MOM

Long-term unemployment rate for PMETs remains within the range observed during non-recessionary periods

The fee adjustment, which will take effect in April, applies to a product called virtual accounts.

DBS hits fintech firms with large fee hikes for custodian service

DBS will increase the fees it charges fintech firms to hold customer funds under its custodian services, a move that means higher costs for fintech companies operating payment services in Singapore.

Roles with narrowly defined scopes may be more vulnerable to the increasing selectiveness of hiring conditions, even if they remain well-established career paths. 

‘Best jobs’ in Singapore? Piano teachers strike the right note

Indeed’s Best Jobs list identifies two types of roles offering resilience; those with broad, transferable skills and those with steady, constrained demand