Will S$70,000 per child entice couples to have kids? Worries over a dystopian future must be overcome
Confidence matters when couples decide whether to have children
MEASURES to support parenthood took centre stage at this year’s National Day Rally (NDR).
Every Singaporean child will receive almost S$70,000 in direct financial support as they grow up.
In perspective, a sum of S$70,000 is over 12 times the median gross monthly income from employment (including employer/platform operator CPF contributions) of full-time employed residents of S$5,775 in 2025.
TRENDING NOW
One-third of Singapore-listed firms at risk in severe AI downturn: MAS
‘Not done’: Keppel CEO Loh Chin Hua transformed the group, but says there’s ‘still a lot to do’
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
‘We don’t want to stay as we are’: CEO Patrick Ng builds a more resilient Huationg