This year’s speech started in largely the same vein, with the US-China rivalry, ongoing war in Europe, and a fraying global economic order.
But Sunday’s announcement points to the need to also look at other age groups, as well as the larger swathe of professionals, managers, executives and technicians. This is why PM Lee stressed that it will be a temporary one, and is meant for Singaporeans to upgrade their skills so they can prepare for a good, long-term job.Another notable safety net will come in the form of theI was especially cheered by the Earn and Save Bonus, where lower- and middle-income workers will get a Central Provident Fund bonus of up to $1,000 a year as long as they are working.
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