Tag: Ministry of Finance

POFMA notice issued to Facebook user who claimed 1/3 of Resilience Budget would go to SIA

Singapore—The POFMA (Protection from Online Falsehoods and Manipulation Act) office issued a media release on Wednesday, April 1, saying that the Minister of Finance had instructed it to use a correction direction to a Facebook user going by the name “超静” (“tifinnytara”) because on...

Why MOF’s strategy to use social media influencers to promote Budget 2018 failed

Singapore—One of the less successful strategies the government used in 2018 to help people understand the national Budget was the use of social media influencers. However this strategy did not work well as they were generally perceived to be unqualified to explain it. By January...

Pritam Singh calls on Government to be transparent with its revenue and expenditure projections

Pritam Singh of the Workers' Party said on Friday (Feb 28) that the WP cannot support the GST hike until revenue and expenditure projections are made transparent. According to a recent report by Mothership, on the third day of the Budget debate, Mr Singh restated...

Netizens rally behind SDP’s call for PAP not to increase GST

Netizens have rallied behind the Singapore Democratic Party's recent call for the Government not to raise the Goods and Services Tax (GST). On Wednesday (Feb 12), the Singapore Democratic Party published a statement on why it remains adamant in its stand against the GST hike....

SDP calls on Govt not to increase GST to 9% because of COVID-19 outbreak

The Singapore Democratic Party, in a statement on its website on Wednesday (Feb 12), has called on the Government not to increase the Goods and Services Tax (GST). The GST, which was introduced in 1994, has risen through the years. Beginning at 3 per cent,...

Government asks for public feedback for next year’s Budget

Singapore—The Ministry of Finance (MOF), government feedback unit Reach, and the People's Association (PA) issued a joint statement on December 1 that said, "Individuals, households, and businesses are welcome to provide feedback on topics such as business growth, training and employment, support for families,...

Ministry of Finance warns about fake SMS texts for SG Bonus, but leaves citizens somewhat confused

Since almost three million people in Singapore will be receiving the one-time SG Bonus before the end of 2018, the Ministry of Finance announced yesterday via a Facebook post how to tell if the message that citizens receive concerning the bonus is real or...

Najib still at the bottom in finance minister’s listing

FinanceAsia, the online portal that caused a stir on Malaysian social media last year after it listed Prime Minister Najib Razak at the rock bottom among finance minister's in Asia, has prepped the latter up two notch in its 2017 listing. However it said it was...

Govt audits, it's the same story every year

Singapore Political News
DPM replies “with regards to this year's instances of procurement lapses, there was no basis to suspect any fraudulent or corrupt intent. However, in some of the cases during the last five years, there were reasons to suspect fraudulent or corrupt intent. And in those...