Budget 2024: Half a million lower-wage Singaporeans to benefit from improved income top-up scheme

INCREASED SALARIES FOR LOCALS With the Workfare scheme, various aspects have been tweaked over the years, including the age criteria and size of payouts. Mr Wong said that raising the qualifying income cap “ensures that we continue to cover lower-wage workers, even as their wages grow”. The higher income cap will also apply to the … Read more

MPs call for new measures to rein in Canadian pension investments in China

The House of Commons special committee studying Canada-China relations is urging the federal government to introduce new measures to prevent Canadian pension funds from investing in Chinese companies implicated in human rights abuses, corruption or threats to national security. The committee’s report, tabled in the House of Commons this week, calls on Ottawa to, in partnership with … Read more