Search results
Results From The WOW.Com Content Network
The Baby Bonus Scheme (formerly known as Child Development Co-Savings Scheme) was first introduced in Singapore on 1 April 2001. The scheme is continuously enhanced since its inception till 2021. The objective is to improve the country's fertility rate by providing cash incentives, with the hope of reducing the financial burden of raising ...
British colonial authorities in Singapore implemented a proposal by David Marshall via the Progressive Party committee, to create the Central Provident Fund in 1955 as a compulsory savings scheme to assist workers in retirement provision [7] without needing to introduce a more extensive and costly old age pension, as was the norm in Britain at ...
The Edusave (Chinese: 教育储蓄) programme is part of a scheme implemented for education in Singapore by the Ministry of Education (MOE) for Singapore. Its stated aim is to maximise opportunities for all Singaporean children. The scheme aims to reward students who perform well or who make good progress in their academic and non-academic work ...
[18] [10] In 2001, the government announced a Baby Bonus scheme, which paid $9000 SGD for the second child and $18000 for the third child over six years to "defray the costs of having children", and would match "dollar for dollar" what money parents would put into a Child Development Account (CDA) up to $6000 and $12000 for the second and third ...
The government's plan, which was initiated in 2002, is to make Singapore a "Global Schoolhouse", attracting revenue-generating international students. [22] [23] [24] In 2002, the education sector accounted for 3.6% of Singapore's economy. The government's aim was to grow this sector to 5% of Singapore's economy over the subsequent decade. [22]
In June 2018, the Save The Children organisation's End of Childhood report ranked Singapore as the best country for children to grow up in. Its ranking methodology is based on eight indicators - under-five mortality rate, child stunting, out-of-school children and youth, child labour, child marriage, adolescent birth rate, child homicide rate ...
The Government and each of the fifth schedule entities manage a portfolio of reserves under their charge for the benefit of the Government. These entities are divided into two parts where Part 1 of the fifth schedule comprise Key Statutory Boards that were created from and managed according to a statute passed by Parliament such as the Housing and Development Board whereas Part 2 contains ...
It is the largest and oldest local bank in continuous operation in Singapore with over four million customers. [1] Established on 1 January 1877 as the Post Office Savings Bank (Chinese: 郵政儲蓄銀行; pinyin: Yóuzhèngchǔxù Yínháng), [2] POSB currently operates as part of DBS Bank after being acquired on 16 November 1998. [3]