Consider having more financial aid that Singaporeans receive flow into local equities and bonds
Allow the option to use housing-related subsidies and grants to buy local stocks and bonds
[SINGAPORE] The Republic can be an expensive city to live in. However, the government actively addresses cost-of-living issues and Singaporeans receive plenty of financial help.
For the nation’s 60th birthday, all Singaporean adults received an early hongbao in July. Singapore citizens aged 21 to 59 in 2025 received S$600 in SG60 vouchers, while citizens aged 60 and above in 2025 were given S$800 of such vouchers.
Subject to eligibility, there are social transfers under schemes such as the Assurance Package, GST Voucher, Pioneer Generation Package, Merdeka Generation Package, Majulah Package and so forth.
TRENDING NOW
DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
Deal between tycoon friends sparks scrutiny of Philippine power sector