S$500 to kick off each SkillsFuture account
Singaporeans aged 25 and older eligible; regular top-ups to follow
Singapore
FROM next year, every Singaporean aged 25 and up will have a personal SkillsFuture Credit account with an initial amount of S$500 to spend on education and training.
The credit can be used to pay for a range of government-supported courses, such as those offered by institutes of higher learning and accredited education and training providers, and the government will provide regular top-ups to this life-long account, which will not expire.
TRENDING NOW
If Europe goes to war, the fallout will be felt in East Asia
Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status
Keppel seeks US$1 billion for Vietnam investments as it joins country’s international financial centre
Philippines’ FDI slowdown exposes uneven investment prospects across S-E Asia