Mr Speaker Sir, Perhaps the most noteworthy thing about this year’s Budget statement was the amount of support measures provided to Singaporeans without any additional major tax increases announced. This will come as a great relief to many Singaporeans who are still struggling to cope with high costs of living and an uncertain job environment. …
Mr Speaker Sir, Budget 2024 is a big budget because the Government had a bumper year in 2023. Operating revenue in 2023 was larger than the original estimate by $8.0 billion because of the tax increases announced in 2022, high inflation and high property prices. This $8 billion excess revenue together with the $23.5 billion …
Speech by Leong Mun Wai in support of Budget 2024 Read More »
Mr Speaker Sir, I thank the Prime Minister, Minister and the Members for participating in this debate. Indeed, it is an honour for Hazel and myself. There has been a lot of discussion and debate on various topics. We understand all the good things that the Past Reserves will bring to us and bring to …
PUBLIC FINANCES: That this House calls on the Government to review its current budget and reserve accumulation policies in order to help present-day Singaporeans reduce their financial burdens and improve their quality of life, while continuing to save for future generations of Singaporeans. Mr Speaker, PSP has raised this motion today because we believe that …
Opening Speech on the Motion on Public Finances Mr Speaker Sir, I beg to move, PUBLIC FINANCES: That this House calls on the Government to review its current budget and reserve accumulation policies in order to help present-day Singaporeans reduce their financial burdens and improve their quality of life, while continuing to save for future …
ADVANCING MENTAL HEALTH: That this House recognises the importance of mental health as a health, social and economic issue; affirms the importance of a robust national mental health ecosystem; and calls for a whole-of-Singapore effort to implement a national strategy to enhance mental health and well-being. Mr Speaker Sir,Mental health issues are not only a …
BUILDING AN INCLUSIVE AND SAFE DIGITAL SOCIETY: That this House reaffirms our commitment to adopt a whole-of-nation approach to sustain trust by building an inclusive and safe digital society. Mr Speaker Sir, I rise to speak in support of the motion. PSP agrees that a whole-of-nation approach to build an inclusive and safe digital society …
Mr Speaker Sir, The Significant Investments Review Bill seeks to protect Singapore’s national security interests by regulating significant investments in and control of critical entities. Under the proposed bill, a screening regime for ownership transactions in critical business entities will be set up. This is similar to the screening regimes in other countries such as …
Significant Investments Review Bill (9 January 2024) Read More »
Mr Speaker Sir, Today, we are debating amendments to the Constitution to create a framework for the President and Ministers to perform foreign and international roles in their private capacity. This Bill also appears to address urgently the circumstances of the President since his inauguration on 14th September this year. President Tharman is extremely respected …
COST OF LIVING CRISIS: That this House calls on the Government to review its policies so as to lower cost of living pressures on Singaporeans and their families. Mr Speaker Sir, The Progress Singapore Party (PSP) supports the motion moved by the Honourable Leader of the Opposition and Member Louis Chua, which calls on the …
