Ministry of Finance
The Ministry of Finance (MOF) is a ministry of the Government of Singapore responsible for managing Singapore’s fiscal policies and the structure of its economy.
See below for the Latest Ministry of Finance News, Analysis, Profit Results, Share Price Information, and Commentary.
FY2026 revenue seen up to $134.75b on higher vehicle collections
FY2026 revenue seen up to $134.75b on higher vehicle collections
Higher COE quotas are expected to lift vehicle quota premiums to $9.42b.
Income inequality hit lower levels over past decade, MoF reports
The government linked this to income growth and transfers.
Lower- and middle-income groups outpace others in annual gains, MoF says
MoF data shows bottom-tier households grew nearly 10 times faster than top decile in the past decade.
Gov’t invites public to share their views for Budget 2025
The budget will be presented in February 2025.
Singapore fares in four areas of national interest: report
It ranges from lifelong learning, health, housing and sustainability, and the economy to security and diplomacy.
Singapore unveils national anti-money laundering strategy
It will centre on prevention, detection, and enforcement.
MOF to list GST-exempt government fees by April
There are three categories of fees subject to GST.
Gov’t to roll out 'Tender Lite' in April
The category will cover tenders up to $1m for general goods and services.
Budget 2024: Government raises annual value band property tax threshold
The lower threshold will be increased to $12,000.
LIVE UPDATES: Singapore Budget 2024
Finance Minister Lawrence Wong said the budget is the "first instalment of the plans set out in the ForwardSG roadmap."
Ministry of Finance orders six agencies to refund wrongly charged GST
The amount of wrongly charged GST for individuals and non-GST registered entities is estimated to be $1.5m yearly.
Structural nuances determine stamp duty for fractional property investments: MOF
Buyers directly acquiring residential properties usually have to pay up to 6% stamp duty.
2.5 million Singaporeans to receive $800 cash assistance in December
The government will disburse an additional $1.1b under its Cost-of-Living Support Package.
Gov’t to inject $2.4b raised from first sovereign green bond to rail network expansion
The government has already allocated 30% of the funds raised.
MOF to consider ‘age-based only’ in criteria of Majulah Package
Currently, the package only benefits seniors with lower incomes and less wealth.
1.5 million Singaporeans to receive up to $700 from GSTV-Cash
Eligible citizens can get up to $300 more compared to 2022.
Sustainable debt market in Singapore grew healthily to $27.05b
Singapore’s sustainable debt market went up by about 10 times in the last five years.
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