For all the bak kwa lovers in singapore, check out the prices across your favourite brands this year. According i the Bak Kwa Index, prices have risen between $3-$10/kg. https://sg.finance.yahoo.com/news/bak-kwa-prices-singapore-cny-160000896.html

Climbing the Wealth Ladder and use the 0.01% threshold as a guide. 

https://ofdollarsanddata.com/climbing-the-wealth-ladder/

Highlights of Budget 2020

Supporting workers

More support for Singaporeans to acquire new skills in the midst of major structural change in the global economy.

Three key thrusts of the Next Bound of SkillsFuture:
1. Enabling the individual
2. Enhancing the role of enterprises in developing their staff; and
3. Focusing specially on mid-career workers.

The new *SkillsFuture Mid-Career Support Package* will assist local workers in their 40s and 50s by:
• Increasing the capacity of reskilling programmes
• Providing a hiring incentive for employers that hire and reskill jobseekers over 40 who have gone through a reskilling programme
• Providing a special SkillsFuture Credit top-up of $500 for every Singaporean aged 40 to 60 in 2020
• Giving peer-level support and career guidance through a group of volunteer Career Advisors

Supporting Households

For Singaporeans ready to start a family and own a home, we will make sure that there is good access to quality and affordable housing.

To help all Singaporeans with their household expenses during this period of uncertainty, we will provide a Care and Support Package for households, amounting to about $1.6 billion.

i. All Singaporeans aged 21 and above in 2020 will receive a one off cash payout of $300, $200 or $100, depending on their income.

ii. We will double the amount of U-Save rebates through a one-off GST Voucher – U-Save Special Payment to all eligible HDB households. This will help to free up cash for other household expenses.

iii. In addition, we will extend the Service and Conservancy Charges Rebate by another year. Eligible HDB households will receive rebates of between 1.5 to 3.5 months.


One-off cash payout of S$100 to S$300 for all Singaporeans aged 21 and above as part of a S$1.6 billion Care and Support Package.

What Housing Loan Tenure Should You Choose When Buying Your First Home?

What Housing Loan Tenure Should You Choose When Buying Your First Home? https://omh.sg/blog/post/what-housing-loan-tenure-should-you-choose-when-buying-your-first-home