ministry of finance (MOF)

Infrastructure Asia brings Singapore-based solutions to the region - THE EDGE SINGAPORE

Environmental, Social and Governance

Infrastructure Asia brings Singapore-based solutions to the region

InfraAsia is a project facilitation office funded by the Ministry of Finance. It works with companies present in Singapore.

Environmental, Social and Governance

$700 mil of Singapore’s first green bond allocated to Jurong Region Line and Cross Island Line in FY2022

The remaining unallocated proceeds are expected to be fully allocated to both lines by the end of FY2024.
Prominent banker Elizabeth Sam has passed on at 84 - THE EDGE SINGAPORE

Obituary

Prominent banker Elizabeth Sam has passed on at 84

Sam became the first female board member of a Big Four bank in Singapore when she joined OCBC's main board in October 1996.

Singapore economy

MOF estimates government spending to exceed 20% of Singapore's GDP by FY2030 due mainly to healthcare expenditures

Other reasons attributed to the higher expenses include the uplifting lower-wage workers and improving early childhood education.
MAS and MOF launch eGuarantee@Gov to digitalise banker’s guarantees and insurance bonds - THE EDGE SINGAPORE

Digital Economy

MAS and MOF launch eGuarantee@Gov to digitalise banker’s guarantees and insurance bonds

The Monetary Authority of Singapore (MAS) and the Ministry of Finance (MOF) has launched eGuarantee@Gov on Nov 2.

Singapore economy

DPM Lawrence Wong announces $1.5 bil support package for Singaporean households

The package will be funded from the better-than-expected fiscal out-turn in the 1H2022, says MOF.
Singapore unveils Green Bond Framework, to issue first sovereign green bond in coming months - THE EDGE SINGAPORE

Environmental, Social and Governance

Singapore unveils Green Bond Framework, to issue first sovereign green bond in coming months

“Through these high-quality issuances, we hope to deepen market liquidity for green bonds.”
SMEs to receive additional support package of $1.2 bil; govt won't be drawing on past reserves: Lawrence Wong - THE EDGE SINGAPORE

Covid-19

SMEs to receive additional support package of $1.2 bil; govt won't be drawing on past reserves: Lawrence Wong

The government continues to expect GDP growth of 4% to 6% in 2021; the dining-in limit will increase to 5 pax from July 12.

Management & Corporate Governance

Auditor-General's Office highlights lapses in IT controls, procurement and contract management

The Auditor-General’s Office (AGO) has identified areas for improvement in IT controls, procurement and contract management, as well as operations management and grant management in its FY2019/20 audit report.
Singapore seeks to push property owners to pass on property tax rebate in full to tenants

Property

Singapore seeks to push property owners to pass on property tax rebate in full to tenants

The new legislation, subject to Parliament's approval, could see property owners be found guilty of an offence if they fail to fully pass on the property tax rebate to their tenants
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