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BABY BONUS & LARGE FAMILIES SUPPORT SCHEME TO BE REPLACED BY NEW S$62,000 SUPPORT PACKAGE PER CHILD
24/08/2026
Singapore will replace the current Baby Bonus Scheme and Large Families Scheme with a new SG Child Support Package from 1 April 2027. Each eligible Singapore citizen child can receive up to S$62,000 in support from birth to age 17, regardless of birth order. This includes a S$10,000 Baby Gift, annual Child Credits, CDA grants… View Article
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SāPORE RAISES 2026 GROWTH TARGETS; GRAPHICS CARD SHORTAGE TO DRIVE UP PC PRICES š
19/08/2026
Singapore has raised its 2026 GDP growth forecast to 4.5%ā5.5%, reflecting stronger-than-expected economic performance and the global AI boom. Source: https://www.straitstimes.com/business/spore-raises-2026-growth-targets-genting-singapore-shares-up-despite-lower-profits-markets-this-week?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_AM&utm_term=S%E2%80%99pore+upgrades+2026+growth+forecast+to+reflect+economy%E2%80%99s+better+performance&utm_content=17%2F08%2F2026 Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #Singapore #SingaporeEconomy #GDP #EconomicGrowth #SingaporeStocks #STI #StockMarket #AI #Investing #BusinessNews #MarketUpdate #Finance #corporatesolutions #professionalservices #accountingservices #LNMSolutions
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SINGDOLLAR TO WIDEN GAP WITH REGIONAL CURRENCIES; STRONGER CURRENCY COULD WEIGH ON EXPORTS: ANALYSTS
19/08/2026
The Singapore dollar is expected to remain strong in 2026 and may widen its gap with other regional currencies. Source: https://www.straitstimes.com/business/singdollar-to-widen-gap-with-regional-currencies-stronger-currency-could-weigh-on-exports-analysts?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_PM&utm_term=Singdollar+to+widen+gap+with+regional+currencies%3A+Analysts&utm_content=03%2F08%2F2026 Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #Singapore #SingaporeDollar #SGD #Economy #SingaporeEconomy #Currency #Forex #BusinessNews #Exports #Import #RegionalEconomy #FinancialNews #MarketUpdate #corporatesolutions #professionalservices #accountingservices #LNMSolutions
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ADDITIONAL S$300 CDC VOUCHERS, U-SAVE REBATES FOR SINGAPOREAN HOUSEHOLDS AMID MIDDLE EAST CRISIS
30/07/2026
To help Singaporeans cope with rising living costs amid global economic uncertainties, the Government has introduced a new support package worth S$900 million. Source: https://www.channelnewsasia.com/singapore/cdc-voucher-300-usave-rebate-support-package-6285241?cid=FBcna Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #Singapore #CDCVouchers #USave #CostOfLiving #SupportPackage #SingaporeNews #CommunitySupport #HouseholdSupport #ComCare #Budget2026 #FinancialRelief #SGUpdates #corporatesolutions… View Article
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WORKERS SUCH AS CLEANERS, SECURITY OFFICERS TO ENJOY MORE ANNUAL LEAVE FROM 2029
30/07/2026
From 1 January 2029, employees under the Progressive Wage Model (PWM), including cleaners, security officers, landscapers, lift technicians, retail staff, and waste management workers, will receive at least 14 days of annual leave, up from the current minimum of 7 days for many. Source: https://www.straitstimes.com/business/workers-such-as-cleaners-security-officers-to-enjoy-more-annual-leave-from-2029?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_PM&utm_term=Workers+such+as+cleaners%2C+security+officers+to+enjoy+more+annual+leave+from+2029&utm_content=19%2F07%2F2026 Feel free to contact us for professional advice at +65… View Article
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MOM LQS UPDATE: WHAT EMPLOYERS NEED TO KNOW
16/07/2026
With effect 1.7.2026, To count as a full (1.0) local employee towards your company’s Work Permit and S Pass quota, the local worker (Singapore Citizen or Permanent Resident) must earn a minimum gross monthly salary of $1,800. The Ministry of Manpower (MOM) utilizes the Local Qualifying Salary (LQS) and CPF contributions to determine your exact… View Article
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IRAS NABS 279 HIGH-INCOME EARNERS OVER SHAM ARRANGEMENTS TO PAY LESS TAX
16/07/2026
IRAS has identified 279 high-income earners who used sham arrangements to reduce their tax liabilities. Some individuals channelled their professional income through private companies and extracted profits as tax-exempt dividends or interest-free shareholder loans, instead of reporting them as taxable personal income.Ā Source: https://www.straitstimes.com/business/invest/iras-nabs-279-high-income-earners-over-sham-arrangements-to-pay-less-tax?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_AM&utm_term=IRAS+nabs+279+high-income+earners+over+sham+arrangements+to+pay+less+tax&utm_content=12%2F07%2F2026 Feel free to contact us for professional advice at +65 6636… View Article
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CAUGHT BY IRAS: DOCTOR EARNED MILLIONS BUT REPORTED MONTHLY SALARIES OF $5K AND $6K
16/07/2026
The doctor paid himself below market salaries but received huge amounts in dividends and loans. He declared monthly salaries of around $5,000 and $6,000 from his companies, but did not pay any personal tax on additional payouts averaging over $2 million a year. Source: https://www.straitstimes.com/business/invest/caught-by-iras-doctor-earned-millions-but-reported-monthly-salaries-of-5k-and-6k?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_AM&utm_term=Caught+by+IRAS%3A+Doctor+earned+millions+but+reported+monthly+salaries+of+%245k+and+%246k&utm_content=12%2F07%2F2026 Feel free to contact us for professional advice at +65… View Article
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SINGAPORE BUDGET 2026 : MORE SUPPORT FOR SINGAPOREANS
07/04/2026
Singapore BUDGET 2026 : More Support for Singaporeans Support measures aimed at helping Singaporeans cushion the impact of the Middle East situation. (Photo Credits: CNA) Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #SGBudget2026 #SupportForSingaporeans #CDCVouchers #SGCitizenSupport #U-Save #S&CCRebate #Medisave #HouseholdSupport #TogetherAsOneSGĀ #CorporateSG #EconomicTrends #2026Outlook #corporatesolutions… View Article
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SINGAPORE INFLATION OUTLOOK FOR 2026 TO BE REASSESSED AS ENERGY PRICES SOAR FROM IRAN WAR
26/03/2026
The Iran war is pushing up energy prices, which is increasing inflation in Singapore. MAS is likely to revise its inflation outlook upward in April and may tighten policy to control rising costs. Source: https://www.straitstimes.com/business/mas-to-update-singapores-inflation-outlook-in-april-amid-iran-war-impact?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_PM&utm_term=S%E2%80%99pore+inflation+outlook+for+2026+to+be+reassessed+as+energy+prices+surge&utm_content=23%2F03%2F2026 Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #Singapore #MAS #Inflation… View Article
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HOW THE WAR IN IRAN COULD IMPACT GLOBAL ECONOMY, INCLUDING SINGAPORE
09/03/2026
Rising tensions between Iran, United States and Israel could disrupt global energy supply. For Singapore, the main impact could be higher fuel, electricity and living costs. Source: https://www.channelnewsasia.com/commentary/iran-us-israel-war-global-economic-impact-singapore-5972956?cid=FBcna Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #MiddleEastConflict #IranIsraelConflict #GlobalEconomy #OilPrices #EnergyCrisis #InflationRisk #SupplyChain #SingaporeEconomy #CostOfLiving #SingaporeNews… View Article
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NEW CPF INVESTMENT SCHEME
09/03/2026
CPF Board will introduce a new voluntary investment scheme, targeted to be launched in the first half of 2028, to offer simplified, low-cost life-cycle investment products. Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #NewCPFupdate #CPFChanges #SGPolicyUpdate #SingaporeCPF #RetirementSupportSG #OlderWorkersSG #WorkforceSupport #SupportOlderWorkers #WorkLongerSG #FinancialSecuritySG #corporatesolutions #professionalservices… View Article
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BUDGET 2026 : CPF TOP-UP
09/03/2026
To provide more support for eligible individuals aged 50 and above with lower CPF balances. Eligible individuals will receive a CPF top-up of up to $1,500 in their CPF Retirement Account or Special Account in December. The amount of top-up will be tiered according to recipientsā CPF retirement savings and the annual value of their… View Article
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CHANGES IN CPF RATES TO SUPPORT OLDER WORKERS
06/03/2026
CPF contribution rates for senior workers aged above 55 to 60 will be raised by 1.5 percentage points from 2027, while the rates for those aged above 60 to 65 will be increased by 1 percentage point from 2027. CPF Transition Offset will be extended to December 2027. This will cover 50 per cent of… View Article
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SINGAPORE’S RETIREMENT AGE WILL INCREASE TO 64 AND RE-EMPLOYMENT AGE TO 69 WITH EFFECT FROM 1 JULY 2026
06/03/2026
Retirement age in Singapore will be progressing towards 65 and re-employment age towards 70 by 2030. To support employers who continue to hire senior workers, the Senior Employment Credit will be extended until December 2027. Part-Time Re-Employment Grant has been extended till December 2027, to support employers in offering suitable part-time and flexible work options… View Article
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SINGAPORE BUDGET 2026 :WHAT SINGAPOREANS CAN EXPECT TO GET
20/02/2026
Singapore BUDGET 2026 : What Singaporeans can expect to get? Hereās what Singaporeans can look forward to from April 2026 to March 2027. (Source: CNA) Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #SGBudget2026 #SupportForSingaporeans #CDCVouchers #SGCitizenSupport #U-Save #S&CCRebate #Medisave #HouseholdSupport #TogetherAsOneSGĀ #CorporateSG #EconomicTrends #2026Outlook #corporatesolutions… View Article
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SINGAPORE BUDGET 2026 :SUPPORT FOR SINGAPOREANS
20/02/2026
Singapore BUDGET 2026 : Support For Singaporeans Eligible Singaporeans aged 21 and above will receive a cost-of-living special payment of S$200 to S$400 in cash this September. Singaporean households will also receive S$500 in CDC vouchers in January next year, 2027. (Source: CNA) Feel free to contact us for professional advice at +65 6636 3691,… View Article
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SINGAPORE BUDGET 2026 : CPF TOP-UPS FOR OLDER SINGAPOREANS
19/02/2026
Singapore BUDGET 2026 : CPF Top-ups For Older Singaporeans Singaporeans aged 50 and above with CPF retirement savings below the Basic Retirement Sum will receive a CPF top-up of up to S$1,500. A new CPF investment scheme will also be launched in 2028 for those who wish to invest long term. (Source: CNA) Feel free… View Article
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SINGAPORE BUDGET 2026 : SUPPORT FOR FAMILIES
19/02/2026
Singapore BUDGET 2026 : Support For Families Families will receive another S$500 in Child LifeSG Credits for each Singaporean child aged 12 and below. (Source: CNA) Feel free to contact us for professional advice at +65 6636 3691, +65 9326 2271 or info@lnmsolutions.com! #SGBudget2026 #SupportForFamilies #SGFamilyCare #FamilyBenefits #BudgetForFamilies #HappyFamiliesSG #SGCommunityCare #FamiliesInFocusĀ #CorporateSG #EconomicTrends #2026Outlook #corporatesolutions… View Article
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SINGAPORE BUDGET 2026 : CHANGES TO FOREIGN WORKER POLICIES
19/02/2026
Singapore BUDGET 2026 : Changes To Foreign Worker Policies Singapore will raise the minimum qualifying salary for new Employment Pass and S Pass applicants from January 2027. The local qualifying salary for full-time employees will also be raised to S$1,800 from July this year. (Source: CNA) Feel free to contact us for professional advice at… View Article
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