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From 2003 to 2013, CPF members who left Singapore withdrew SGD$426 million, or 0.3 per cent of the average total members' balances each year. [50] From 2013 to 2017, an annual average of 13,500 CPF members, or 0.4% of total CPF members, withdrew their CPF monies when they left Singapore. [51]
2 April – Joseph Schooling, who won Singapore's first ever Olympic gold medal, retires from swimming at 28. [25]15 April – Lee Hsien Loong announces his resignation as the Prime Minister of Singapore effective on 15 May 2024, paving the way for the assumption of Deputy Prime Minister and Finance Minister Lawrence Wong as the next Prime Minister of Singapore.
Companies are taxed at a flat rate of 17% of their chargeable income. This applies to both local and foreign companies. [4] Foreign-sourced dividends, foreign branch profits and foreign-sourced service income remitted into Singapore on or after 1 June 2003 by a Singapore resident company will be tax exempt if: [5]
19 January – The Special Accounts of about 1.4 million Central Provident Fund (CPF) members aged 55 and above are closed. The planned closure was first announced in Budget 2024. [19] 22 January – The Electoral Boundaries Review Committee is convened to review the electoral map for the upcoming general election. [20]
Additional Housing Grant (abbrev: AHG) was an additional subsidy over and above the regular market subsidy and Central Provident Fund Housing Grant that new and resale Housing and Development Board flat buyers in Singapore can enjoy.
As of 2023, the total size of the reserves has been conservatively estimated to be at least S$2.5 trillion (2024) (US$ 1.87 trillion), based on publicly available data from GIC, [a] Temasek, [b] MAS, [c] and CPF, [d] among others. It is generally assumed that Singapore's reserves are bigger, far-reaching and significant than publicly acknowledged.
The days observed as general public holidays in Singapore are declared in the schedule to the Holidays Act. [9] According to the Ministry of Manpower, which issues a yearly list of the dates on which public holidays fall, the holidays were "chosen and agreed upon after close consultation with different community and religious leaders in ...
17 March – Singapore announced a bid to host the 2025 World Athletics Championships under Singapore25. The event will be the first one in Southeast Asia if successful. [31] [32] 18 March – Tan Tock Seng Hospital has officially opened its Specialist Centre at Ang Mo Kio Central. [citation needed]