The Feb 18 budget, due to be delivered by Finance Minister Heng Swee Keat, will be his first since he was picked last year as the likely next leader of the People's Action Party which ha governed the affluent city-state for over half a century.
SINGAPORE (Feb 11): Singapore's elderly are primed to benefit from a generous budget unveiled next week, analysts say, as the government prioritises the needs of a fast-ageing population ahead of an election expected as soon as this year.
As pressure grows on more of the elderly to stay in the workforce beyond retirement age, the low-tax finance hub is set to try and assuage rising social angst over the welfare of a generation born near the end of British colonial rule when Singapore was a basic port town.
