, Singapore
1093 views

Not enough aid? 86% of Singaporeans want gov't to do more vs inflation

In June, the government announced a $1.5b support package for lower-income groups.

Singaporeans find the $1.5b support package from the government insufficient to help them live through rising prices, a survey by YouGov has found.

Based on the survey, 86% of Singaporeans want the government to do more against inflation beyond the relief package announced in June.

Of the 86%, 48% said a lot more should be done to help people feel secure amidst sharp prices.

Across age groups, Gen X (88%) are the most expectant of greater support from the government. 

YouGov said the demand for more support is a sign that Singaporeans are feeling the pressure of the increased cost of living.

True enough, YouGov found that the cost of living of 94% of Singaporeans surveyed has gone up from a year ago.

Of the 94%, 72% said their cost of living has gone up a lot over the past 12 months, while 22% said it only changed a little.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.