NATIONAL DAY RALLY
Prime Minister Lee Hsien Loong
National Day Rally speech
Prime Minister Lee Hsien Loong, in his National Day Rally Speech on Sunday (Aug 17), spoke in detail about three topics: 1) Giving Singaporeans full opportunities to achieve their potential; 2) providing Singaporeans more assurance in retirement; and 3) making Singapore a home for all ages. He said the ASPIRE Committee, chaired by Senior Minister of State for Education Indranee Rajah, will announce its recommendations soon. It will help students make better education and career decisions; and develop structured career paths for them.
Prime Minister Lee Hsien Loong, during his National Day Rally Speech on Sunday (Aug 17), said home owners can unlock savings in their flats by renting out rooms; moving in with kids and renting out their flats; or taking up the Silver Housing Bonus. HDB will extend the Lease Buyback Scheme to 4-room flats, covering more than half of all flat owners in Singapore. The Govt will also introduce a new scheme, called Silver Support, for low income elderly Singaporeans - it pays a bonus each year from age 65. Mr Lee added that CPF will refine its system to make it work better for Singaporeans.
Prime Minister Lee Hsien Loong said the Government wants to make Singapore the best place to live, work and play - a home for all Singaporeans. In his National Day Rally Speech on Sunday (Aug 17), Mr Lee said one authority - the Municipal Services Office - will be set up to coordinate all agencies and focus on service delivery. Jurong Lake District will undergo a major transformation with integrated gardens. The opening of Ng Teng Fong General Hospital will be delayed by six months and the Health Ministry will work on mitigating the impact of the delay, Mr Lee added.
At his National Day Rally Speech in Mandarin on Sunday (Aug 17), Prime Minister Lee Hsien Loong paid tribute to the pioneer generation (PG) and the PG leaders. He said the Government will refine the Central Provident Fund system to make it work better for Singaporeans - striking a balance between more flexible use and ensuring it provides a steady stream of retirement income. Mr Lee said home owners can unlock the savings in their flats through renting out rooms, moving in with their children and renting out their flats, or taking up the Silver Housing Bonus to "right-size" their flats.
Continuing his National Day Rally in Mandarin, Prime Minister Lee Hsien Loong said the Government will provide the young with opportunities to upgrade and further their studies. It will open more pathways for them to enhance their career prospects. Mr Lee said he hopes employers will partner the Govt by helping their staff to learn new skills and raise their standards. To take advantage of Asia's emerging economies like China, Mr Lee said the Singapore Chinese Culture Centre will promote Chinese culture, including the Singapore Chinese Orchestra and Xinyao.
At the National Day Rally on Sunday (Aug 17), Prime Minister Lee Hsien Loong announced that the Institute of South East Asian Studies and a new Woodlands mosque will be named after Singapore's first president, Yusof Ishak. To honour pioneer Malays, MUIS and Mendaki created a Pioneer Generation Joint Committee, chaired by Speaker Halimah Yacob. Mr Lee said the Government has also set up the ASPIRE Committee to focus on creating more opportunities for Singaporeans - especially those in the polytechnics and ITEs - to progress.
21 Aug 2014 20:33
Members of the public gave the thumbs up for the extension of the HDB Lease Buyback Scheme, the Silver Support Scheme and the announcement that Singaporeans can withdraw a lump sum from their CPF savings, subject to limits once they hit 65.
18 Aug 2014 21:52
Economists also told Channel NewsAsia the unlocking of some funds could further spur consumption.
18 Aug 2014 21:19
Manpower training for both facilities is expected to go smoothly, and other measures are being implemented by the Ministry of Health to ease the bed crunch problem in hospitals.
18 Aug 2014 13:04
The Jurong Lake Gardens will retain the heritage elements of the Chinese Garden and the Japanese Garden, but these will be refreshed as part of the overall development, says National Development Minister Khaw Boon Wan.
17 Aug 2014 22:31
A new scheme for low-income elderly Singaporeans will see the Government providing annual bonus payments to help them with their living expenses.
Prime Minister Lee Hsien Loong announced plans to merge the Japanese Garden, Chinese Garden and Jurong Lake Park into the Jurong Lake Gardens, which could become a "people's garden" to rival parks like the Bishan-Ang Mo Kio Park.