The Business Times
business-time-50
SINGAPORE BUDGET 2024

Parenthood, caregiver support, ageing well among possible social priorities in Budget 2024

google-preferred-sourceAdd BT as a preferred source
Sharon See

Sharon See

Published Mon, Feb 12, 2024 · 05:00 AM
    • A cornerstone of Singapore’s policies is supporting families. Budget 2024 may thus include more schemes for young parents or lower-income families.
    • A cornerstone of Singapore’s policies is supporting families. Budget 2024 may thus include more schemes for young parents or lower-income families. PHOTO: BT FILE

    BUDGET 2024 may unveil specific social programmes – to encourage parenthood, support caregivers or promote healthy ageing, for instance – in line with the Forward Singapore (Forward SG) report released last October, which painted broad strokes of seven key policy shifts.

    These policy shifts are the result of an engagement exercise involving some 200,000 citizens over 16 months, in which Singaporeans said they wanted a society that is inclusive, fair and resilient.

    One of these shifts is “respecting and rewarding every job”. To that end, the government has indicated that re-employment support for displaced workers and enhancement to SkillsFuture are among the job-related initiatives in Budget 2024.

    Singapore Budget 2024Singapore economySocial welfare

    TRENDING NOW

    This comes after a Citi note that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS, OCBC and UOB shares hit all-time highs as sentiment improves

    The eligible projects include Sun Group’s developments linked to the Asia-Pacific Economic Cooperation summit in Phu Quoc in 2027.

    Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects

    Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

    E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

    In hiring for AI-fluent users, companies will do well to better define and test applicants on their capacity for human oversight.

    Employers want AI-fluent employees. Hiring them is the challenge

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More