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ministry of finance (MOF)
Environmental, Social and Governance
$700 mil of Singapore’s first green bond allocated to Jurong Region Line and Cross Island Line in FY2022
The remaining unallocated proceeds are expected to be fully allocated to both lines by the end of FY2024.
September 22, 2023
Obituary
Prominent banker Elizabeth Sam has passed on at 84
Sam became the first female board member of a Big Four bank in Singapore when she joined OCBC's main board in October 1996.
September 11, 2023
Singapore economy
MOF estimates government spending to exceed 20% of Singapore's GDP by FY2030 due mainly to healthcare expenditures
Other reasons attributed to the higher expenses include the uplifting lower-wage workers and improving early childhood education.
February 08, 2023
Digital Economy
MAS and MOF launch eGuarantee@Gov to digitalise banker’s guarantees and insurance bonds
The Monetary Authority of Singapore (MAS) and the Ministry of Finance (MOF) has launched eGuarantee@Gov on Nov 2.
November 02, 2022
Singapore economy
DPM Lawrence Wong announces $1.5 bil support package for Singaporean households
The package will be funded from the better-than-expected fiscal out-turn in the 1H2022, says MOF.
October 14, 2022
Environmental, Social and Governance
Singapore unveils Green Bond Framework, to issue first sovereign green bond in coming months
“Through these high-quality issuances, we hope to deepen market liquidity for green bonds.”
June 09, 2022
Covid-19
SMEs to receive additional support package of $1.2 bil; govt won't be drawing on past reserves: Lawrence Wong
The government continues to expect GDP growth of 4% to 6% in 2021; the dining-in limit will increase to 5 pax from July 12.
July 05, 2021
Management & Corporate Governance
Auditor-General's Office highlights lapses in IT controls, procurement and contract management
The Auditor-General’s Office (AGO) has identified areas for improvement in IT controls, procurement and contract management, as well as operations management and grant management in its FY2019/20 audit report.
September 07, 2020
Property
Singapore seeks to push property owners to pass on property tax rebate in full to tenants
The new legislation, subject to Parliament's approval, could see property owners be found guilty of an offence if they fail to fully pass on the property tax rebate to their tenants
April 02, 2020
Management & Corporate Governance
Auditor-General uncovers repeat lapses highlighted in previous years
SINGAPORE (July 17): Lapses in the stewardship of government finances highlighted in the last few years were found to have been repeated, albeit in different public sector entities this time round, says the Auditor-General Office (AGO) in its FY2017/18 au
July 17, 2018