Question: Increasing GST to 7% is insufficient to help the old and needy?
XIN MSN News, 5 Dec 2013
SINGAPORE: Investment company Temasek Holdings has made substantial contributions to benefit Singapore and Singaporeans, said chairman Lim Boon Heng.
Speaking at a sovereign wealth fund conference on Thursday, Mr Lim said the contributions have helped to boost the government's budget revenue to fund social programmes and kept tax burden light.
The government has rolled out various programmes to support the elderly and the needy. Full story
Related: