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k1976

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Singapore to ‘redouble efforts’ to keep costs of living stable​

Bloomberg
Updated Fri, 9 August 2024 at 10:34 am SGT2-min read



The Orchard Road area in Singapore. (Photo: Aparna Nori/Bloomberg)

With cost of living ranked as the top concern among Singaporeans, Prime Minister Lawrence Wong pledged to boost safety nets and a program to re-skill workers as part of a strategy to lift incomes and address wealth inequality. (Photo: Aparna Nori/Bloomberg)More
By Philip J. Heijmans and Faris Mokhtar
(Bloomberg) — Singapore Prime Minister Lawrence Wong pledged to “redouble efforts” to combat high living costs, including by strengthening social safety nets for the most vulnerable citizens.
“We recognise how rising prices are impacting Singaporeans,” he said on Thursday in his first National Day message since taking over from Lee Hsien Loong
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in May. While the city-state cannot control global prices, “we can and we have shielded Singaporeans from the worst effects of global inflation by keeping the Singapore dollar strong.”
 

k1976

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MUMBAI: At $460 billion, business interests of the country’s three wealthiest families’ put together are worth as much as Singapore’s GDP.

With Rs 25.8 lakh crore ($309 billion), Ambani family ranks first in the Barclays Private Clients Hurun India most valuable family businesses list.
They are followed by the Bajaj family, headed by Niraj Bajaj, which comes second with Rs 7.1 lakh crore, while the Kumar Mangalam Birla-headed Birla familt ranks third with Rs 5.4 lakh crore.
The list does not include Adani family as they are first-generation entrepreneurs. The first-generation entrepreneurs list is led by Adanis — their business interests are valued at Rs 15.4 lakh crore, followed by Poonawalla family, who manage the Serum Institute of India, valued at Rs 2.4 lakh crore.
 

syed putra

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Singapore to ‘redouble efforts’ to keep costs of living stable​

Bloomberg
Updated Fri, 9 August 2024 at 10:34 am SGT2-min read



The Orchard Road area in Singapore. (Photo: Aparna Nori/Bloomberg)

With cost of living ranked as the top concern among Singaporeans, Prime Minister Lawrence Wong pledged to boost safety nets and a program to re-skill workers as part of a strategy to lift incomes and address wealth inequality. (Photo: Aparna Nori/Bloomberg)More
By Philip J. Heijmans and Faris Mokhtar
(Bloomberg) — Singapore Prime Minister Lawrence Wong pledged to “redouble efforts” to combat high living costs, including by strengthening social safety nets for the most vulnerable citizens.
“We recognise how rising prices are impacting Singaporeans,” he said on Thursday in his first National Day message since taking over from Lee Hsien Loong
Get info without
leaving the page.
in May. While the city-state cannot control global prices, “we can and we have shielded Singaporeans from the worst effects of global inflation by keeping the Singapore dollar strong.”
Simply by lowering vehicle fueln taxes can reduce cost of living by a huge sum.
 
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