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.
Meet the leaders of Forward Singapore
Meet the leaders of Forward Singapore
Several ministers will help review and refresh the market’s social compact.
Gov’t wants full support of businesses, unionists in ‘Forward Singapore’
Forward Singapore seeks to refresh the country’s social compact.
MOF appoints new head of accounting and corporate regulatory authority board
Ong Chong Tee will assume his post on 1 July 2022.
Inflation prompts gov’t to provide $1.5b support package for vulnerable groups, businesses
Individuals and households will get a goods and services tax voucher (GSTV) of up to $300 cash.
Gov't establishes framework to push for high quality green bonds
A committee will oversee the Singapore Green Bond Framework.
ASEAN launches arrangement to hasten customs clearances processes
The arrangement will allow for higher cost savings amongst businesses, said Finance Minster Wong
Minister for Finance Lawrence Wong named deputy prime minister
He will be acting prime minister whenever the Singapore leader is absent.
Finance Minister Wong visits US to attend World Bank-IMF meeting
His visit is from 16 April to 25 April.
Over $145m jobs support scheme payouts to aid 289,500 workers
The wage support will be disbursed from 31 March 2022.
Chart of the day: Average annual ABSD collected from S'poreans buying 2nd residential property reach $244m
The yearly average additional buyer’s stamp duty collection was from 2017 to 2021.
Gov’t to collect additional 0.7% of GDP per year with GST rate hike
GST will be increased to 8% in 2023 and 9% in 2024.
MOF to strengthen business ecosystem in 2 areas
These are the corporate government regime and efficiency of processes.
Who are eligible for the $500m Jobs and Business Support Package?
The package consists of the Small Business Recovery Grant and the Jobs Growth Incentive.
Singapore Budget 2022: GST hike delayed, carbon tax raised
Singapore's national budget will be delivered by Finance Minister Lawrence Wong today.
SG Budget 2022 to focus on strengthening post-pandemic economy
Minister Lawrence Wong also acknowledged the difficulties faced by sectors.
Redesigning job key to address challenges in accountancy sector
This is due to the changing aspirations of young professionals and the digitalisation shift.
950,000 HDB households to get GST Voucher - U-Save rebates
This is part of the $900m Household Support Package for Budget 2021.
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Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?