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Some 2.5 million Singaporeans will receive an additional cash payout of $200 in December to help with the rising cost of living. READ MORE: 🤍 Announcing the support package on Thursday (Sept 28), Deputy Prime Minister and Finance Minister Lawrence Wong acknowledged Singaporeans' concerns over the overall economic outlook, price increases and impact on the cost of living. He said that the Government is committed to supporting Singaporeans through uncertain times and that the Government will not be dipping into past reserves for this support package. The $1.1 billion cost-of-living support package builds on the measures announced at Budget 2023. Turn on notifications 🔔 to stay updated. Follow The Straits Times on YouTube: 🤍 WEBSITE ➤ 🤍 WHATSAPP ➤ 🤍 TIKTOK ➤ 🤍 INSTAGRAM ➤ 🤍 FACEBOOK ➤ 🤍 TWITTER ➤ 🤍 TELEGRAM ➤ 🤍 PODCASTS ➤ 🤍 #straitstimes #lawrencewong #transport #singapore #costofliving #budget2023
Businesses have to consider "very carefully" what is the best way to operate amid rising costs, Singapore's Deputy Prime Minister Lawrence Wong said on Thursday (Sep 28). Fundamentally, they must be self-sustaining, profitable and viable, said Mr Wong, who is also Finance Minister, adding that Singapore could not "permanently subsidise" them. Mr Wong was answering a question on the lack of support for businesses in a newly announced S$1.1 billion (US$800 million) package to help Singaporean households. Full story: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service for must-read stories: Telegram - 🤍 WhatsApp - 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Dialogue with Deputy Prime Minister and Minister for Finance Lawrence Wong Defying the odds and achieving the unexpected — in short, reinventing our destiny as a small state — has been a hallmark of modern Singapore’s success under the leadership of the late Mr Lee Kuan Yew. To mark the 100th birth anniversary of the nation’s first prime minister, the Lee Kuan Yew Centre for Innovative Cities, Singapore University of Technology and Design (SUTD), the Lee Kuan Yew School of Public Policy and the Institute of Policy Studies, National University of Singapore (NUS), are jointly organising the “Reinventing Destiny” conference. 01:12 min Moderator Dr Fareed Zakaria Host Fareed Zakaria GPS, CNN and Columnist, The Washington Post 03:21 min Speaker Mr Lawrence Wong Deputy Prime Minister and Minister for Finance 52:41 min Question-and-Answer Session Date: 14 Aug 2023 Time: 09.00 am - 05.15 pm To find out more about the event 🤍 Follow us: Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 IPS Website: 🤍
Deputy Prime Minister Lawrence Wong said on Thursday (Sep 28) that an impending increase in water prices was necessary so that consumers would understand "what the full price of water is" and make every effort to conserve the resource. Water is "matter of national security" to Singapore, added Mr Wong, who was speaking at the announcement of a new S$1.1 billion (US$800 million) cost-of-living support package. Full story: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service for must-read stories: Telegram - 🤍 WhatsApp - 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Deputy Prime Minister and Minister for Finance Lawrence Wong at the Ministerial Dialogue on "Reinventing Destiny" - A Conference on the Occasion of Mr Lee Kuan Yew's 100 Birthday, on 14 August 2023. Video from Institute of Policy Studies (IPS), Singapore
Deputy Prime Minister and Minister for Finance Lawrence Wong spoke at the Nikkei Forum 28th Future of Asia: "Leveraging Asia's power to confront global challenges" on 25 May 2023. Video: Copyright©Nikkei Inc.
At a doorstop interview on Wednesday (Jul 12), Singapore's Deputy Prime Minister Lawrence Wong spoke to journalists about the Corrupt Practices Investigation Bureau's (CPIB) investigation involving Transport Minister S Iswaran. He said other West Coast GRC MPs will cover for Mr Iswaran, as it will be "difficult" for him to undertake his duties as a representative for the constituency. He also highlighted the differences between CPIB's probe into the Ridout Road case and this investigation. Read more: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service for must-read stories: Telegram - 🤍 WhatsApp - 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Deputy Prime Minister Lawrence Wong has said that Asia already has the ability to navigate multiple storms it faces. Speaking at the annual Nikkei Forum on the Future of Asia, he pointed out that the region's multilateral approach gives countries agency to shape developments around them. This is even as three global challenges loom - big power rivalry, economic protectionism and climate change. Read more: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Deputy Prime Minister Lawrence Wong has warned that complacency and entitlement are the two obstacles to progress as Singapore reaches a certain level of wealth and development. He was speaking at the 10th Milken Institute Asia Summit, a three-day gathering of regional leaders by the economic think tank. Mr Wong also noted two key priorities: Ensuring the broader middle-income enjoys real income growth, and that Singapore tackles the challenges of inequality and mobility. Subscribe to our channel here: 🤍 Subscribe to our news service for must-read stories: Telegram - 🤍 WhatsApp - 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Amid an increasingly troubled global environment, Deputy Prime Minister Lawrence Wong said in his May Day Rally speech on Monday (May 1) that the government will look after Singaporean workers and “always have your back”. He spoke about the challenges Singapore faces and the commitment to reskill workers. READ: 🤍 For more on Mr Wong’s comments on public housing and the affordability of Build-to-Order flats: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Speaking to reporters on Wednesday (July 12), Deputy Prime Minister Lawrence Wong said in the course of investigating a case of a separate matter, the Corrupt Practices Investigation Bureau (CPIB) uncovered a reason to interview Transport Minister S. Iswaran. He added the government and the PAP will not sweep anything under the carpet, even if disclosure is potentially embarrassing or damaging. READ MORE: 🤍 Follow The Straits Times on YouTube: 🤍 Turn on notifications 🔔 to stay updated WEBSITE ➤ 🤍 WHATSAPP ➤ 🤍 TIKTOK ➤ 🤍 INSTAGRAM ➤ 🤍 FACEBOOK ➤ 🤍 TWITTER ➤ 🤍 TELEGRAM ➤ 🤍 PODCASTS ➤ 🤍 #iswaran #cpib #lawrencewong #straitstimes
Singapore's concept of meritocracy remains too narrow and it needs to refresh its mindset about schools and grades, said Deputy Prime Minister and Finance Minister Lawrence Wong in Parliament on Monday (Apr 17). "Many feel caught in a rat race from a young age – under pressure to get the best grades, get into what they perceive to be the best schools, so they can get the best university places," said Mr Wong, who is expected to be Singapore's next Prime Minister. Read more: 🤍 This is Mr Wong's full speech, which covers five key shifts in Singapore's new social compact: A new approach to skills, a new definition of success, a new approach for social support, a new approach to caring for seniors and "a renewed commitment to one another". Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Singapore Deputy Prime Minister Lawrence Wong has said that the country's reserves are a "rainy day fund" that few other countries in the world have. But that is not all the reserves are for. In a new two-part CNA documentary, Singapore Reserves Revealed, Mr Wong, who is also Finance Minister, explains how the reserves make Singapore tick. Subscribe to our channel here: 🤍 Subscribe to our news service for must-read stories: Telegram - 🤍 WhatsApp - 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
John Micklethwait, Editor-in-Chief, Bloomberg Editorial & Research interviews Lawrence Wong, Deputy Prime Minister and Minister for Finance, Republic of Singapore at the 2022 Bloomberg New Economy Forum in Singapore. Like this video? Subscribe to Bloomberg New Economy on YouTube: 🤍 Read the latest from Bloomberg New Economy here: 🤍 Connect with us on... Twitter: 🤍 Facebook: 🤍 LinkedIn: 🤍 Instagram: 🤍
Acting Prime Minister Lawrence Wong held a joint press conference with Australian Prime Minister Anthony Albanese at the Istana on 2 June 2023. PM Albanese was on an Official Visit to Singapore for the 8th Singapore-Australia Leaders’ Meeting. (PMO Video) CHAPTERS 6:46 - Remarks by Acting PM Lawrence Wong 10:42 - Remarks by Australian PM Anthony Albanese 16:57 - QnA segment with the media
The Singapore government will continue to monitor businesses using recent price increases as an excuse to profit, said Deputy Prime Minister Lawrence Wong on Thursday (Sep 28). Mr Wong, who is also Finance Minister, was speaking at a press conference where he announced a new S$1.1 billion (US$800 million) package to help Singaporean households cope with rising prices. The measures include an additional cash payout of up to S$200, and S$200 more in Community Development Council (CDC) vouchers. Full story: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service for must-read stories: Telegram - 🤍 WhatsApp - 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Blame it on inflation? Or are we spending more than we should? Youths in Singapore discuss the rising cost of living, housing affordability and access to BTO flats with Deputy Prime Minister Lawrence Wong. DPM Wong engaged in candid conversations with youth on mental health, sustainability, jobs, inclusivity and hopes of the future. Watch more from the CNA Youth Forum here: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Finance Minister Lawrence Wong has been named the ruling party's fourth-generation leader. The move paves the way for him to be named the next Prime Minister. PM Lee Hsien Loong said in a statement that the decision has been affirmed by Cabinet ministers and endorsed by all Government MPs. Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍
Deputy Prime Minister Lawrence Wong said Singapore now sees greater contestation of ideas for every new policy and decision to be made. As such, there will have to be some trade-offs to strike a balance. He was speaking at a dialogue by the Institute of Policy Studies to mark the 100th birth anniversary of Lee Kuan Yew. Mr Wong added that the external environment is becoming less hospitable for small states like Singapore. He said trade is beginning to be shaped by geopolitical concerns like security, instead of economic logic especially in light of the US-China relationship. Subscribe to our channel here: 🤍 Subscribe to our news service for must-read stories: Telegram - 🤍 WhatsApp - 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Singapore “cannot afford to outbid the big boys” to attract investments from multinational corporations as global competition grows, said Deputy Prime Minister Lawrence Wong on Monday (May 1) as he laid out the challenges in a changing global environment. “But what we must have enough of are ingenuity and innovation; guts and gumption. That's the only way we can and will prevail, even when the odds are stacked against us,” he said in his May Day Rally speech. Read more: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Speaking in the debate on the President's Address on Apr 17, Deputy Prime Minister Lawrence Wong said mindset shifts are necessary to move away from material definitions, but are not enough to effect societal change. Related article ‘Have the courage to change where change is needed’: DPM Wong outlines 5 key shifts for S’pore 🤍 SUBSCRIBE ➤ 🤍 Turn on notifications 🔔 to stay updated WEBSITE ➤ 🤍 FACEBOOK ➤ 🤍 TIKTOK ➤ 🤍 INSTAGRAM ➤ 🤍 TWITTER ➤ 🤍 TELEGRAM ➤ 🤍 PODCASTS ➤ 🤍 #straitstimes #singapore #meritocracy #society #success
Amid concerns about the affordability of public housing, Deputy Prime Minister Lawrence Wong said on Monday (May 1) that prices of HDB flats have risen in tandem with household incomes. Speaking during the May Day Rally, Mr Wong said the typical household currently uses less than 25 per cent of their income to service their home loan, like in 1980. Read more: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
In the government’s push to help workers reskill and upskill, Deputy Prime Minister Lawrence Wong said special attention will be paid to those in vocational and technical roles, especially ITE and polytechnic graduates. In his May Day Rally speech on Monday (May 1), Mr Wong said PMEs, too, will have to learn new skills in the face of rapid technological advancements like artificial intelligence. For more on his speech: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
From having to chase good grades and high-paying jobs, to meeting parents’ expectations the “rat race” in Singapore is taking a toll on mental health, youths tell Deputy Prime Minister Lawrence Wong at the CNA Youth Forum. DPM Wong engages in candid conversations with youth on mental health, sustainability, jobs, inclusivity and hopes of the future. Follow this playlist for when new videos from the forum are out: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
Some 2.5 million Singaporeans will receive an additional cash payout of $200 in December to help with the rising cost of living. READ MORE: 🤍 Deputy Prime Minister and Finance Minister Lawrence Wong announced the $1.1 billion Cost-of-Living Support Package on Thursday (Sept 28).The package builds on the measures announced at Budget 2023. RELATED VIDEO DPM Lawrence Wong announces support package to help with rising cost of living 🤍 Turn on notifications 🔔 to stay updated. Follow The Straits Times on YouTube: 🤍 WEBSITE ➤ 🤍 WHATSAPP ➤ 🤍 TIKTOK ➤ 🤍 INSTAGRAM ➤ 🤍 FACEBOOK ➤ 🤍 TWITTER ➤ 🤍 TELEGRAM ➤ 🤍 PODCASTS ➤ 🤍 #straitstimes #lawrencewong #transport #singapore #costofliving #budget2023
How can we follow our passions and yet meet the demands of the future economy? Youths share their views on job opportunities, competition and innovation, with Singapore Deputy Prime Minister Lawrence Wong at the CNA Youth Forum. DPM Wong engaged in candid conversations with youth on mental health, sustainability, jobs, inclusivity and hopes of the future. Watch more from the CNA Youth Forum here: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
“I'm already 70 and I'm looking forward to handing over to Lawrence once he is ready,” said PM Lee Hsien Loong at a press conference on Saturday (Apr 16). READ: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍
Singapore Perspectives 2023 concluded with a speech by Deputy Prime Minister and Minister for Finance Mr Lawrence Wong. In his speech, he spoke about the key challenges that lie ahead in the field of work, and shared how they could be addressed. It followed with a dialogue moderated by Ms Debra Soon, Group Head of Brand, Communications and Marketing at Singlife with Aviva. During the session, DPM Wong reflected on his personal career trajectory and answered questions surrounding an array of topics which include the trade-offs that come with relative measures at work, the relationship between upskilling and technology, and inclusive workplace policies. 1:02 min Speaker Mr Lawrence Wong Deputy Prime Minister and Minister for Finance 24:42 min Question-and-Answer Session Moderator Ms Debra Soon Group Head Brand, Communications and Marketing Singlife #SP2023Work To find out more about the event: 🤍 Follow us: Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 IPS Website: 🤍
In his Budget speech, Deputy Prime Minister and Finance Minister Lawrence Wong announced measures to address the pressing concerns of Singaporeans, such as inflation and long waiting time for flats, while strengthening social safety nets to keep the nation in sound shape over the longer term. The tax system is also being made more progressive, with changes to the buyer’s stamp duty regime for properties and additional registration fee tiers for cars, to fund the Government’s growing expenses. Buyers of more expensive properties and higher-end cars will have to fork out relatively more. The Budget unveiled on Tuesday also tackled several long-standing issues such as the low fertility rate and the retirement adequacy of seniors as the Government widened its support for citizens in need. READ MORE: 7 things you need to know about Budget 2023 🤍 Help to weather inflation, more progressive property and vehicle taxes 🤍 Recap key speech highlights in our live coverage: 🤍 SUBSCRIBE ➤ 🤍 Turn on notifications 🔔 to stay updated WEBSITE ➤ 🤍 FACEBOOK ➤ 🤍 TIKTOK ➤ 🤍 INSTAGRAM ➤ 🤍 TWITTER ➤ 🤍 TELEGRAM ➤ 🤍 PODCASTS ➤ 🤍 #straitstimes #budget2023
In a CNA series on Singapore Reserves Revealed, DPM Lawrence Wong said that Singapore is not "oversaving" with reserves — in fact, the national reserves are growing at a rate that is "barely keeping pace" with economic growth. Read more: 🤍 Watch Singapore Reserves Revealed on CNA's YouTube channel: 🤍 Inform your views at TODAY: 🤍 FOLLOW US ON: Threads: 🤍 TikTok: 🤍 LinkedIn: 🤍 Instagram: 🤍 Telegram: 🤍 Twitter: 🤍 Facebook: 🤍
Are there more things that divide than bind us in multicultural Singapore? And how can we better bridge those differences? Youths share with Deputy Prime Minister Lawrence Wong their concerns about polarisation on issues like race, religion and sexuality. DPM Wong engaged in candid conversations with youth on mental health, sustainability, jobs, inclusivity and hopes of the future. Watch more from the CNA Youth Forum here: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
“As we develop into a mature democracy, we must have not just a serious Government, but also a serious Opposition that thinks carefully about what it will do as government,” Deputy Prime Minister Lawrence Wong said in Parliament on Monday (April 17). He called on the Opposition to provide concrete alternatives rather than populist ideas for the remaining Parliament term. Read more: 🤍 Inform your views at TODAY: 🤍 FOLLOW US ON: TikTok: 🤍 LinkedIn: 🤍 🤍 Telegram: 🤍 Twitter: 🤍 Facebook: 🤍
Ever wondered how actor Lawrence Wong spent Chinese New Year as a kid? Growing up in Johor, his favourite holiday memories were playing with firecrackers and tucking into hearty steamboat dinners with his extended family, as he shared in this video. Read more: 🤍 Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍
Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong discusses the 2023 budget that was delivered in parliament on Tuesday. He says the country's economy has recovered back to pre-Covid levels, but its fiscal position is "still quite weak" and very tight.
Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, delivering Prime Minister Lee Hsien Loong's 2023 National Day Message in Mandarin. The message was recorded at SkyOasis🤍Dawson in Queenstown and telecast on 8 August 2023.
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Watch the full press conference here: 🤍 "I'm already 70 and I'm looking forward to handing over to Lawrence once he's ready," says PM Lee Hsien Loong as Finance Minister Lawrence Wong has been named the 4G team leader. READ MORE: 🤍 Prime Minister Lee Hsien Loong on Saturday (April 16) held a press conference to elaborate on how Finance Minister Lawrence Wong was chosen as leader of the ruling People's Action Party's fourth-generation (4G) team. SUBSCRIBE ➤ 🤍 Turn on notifications 🔔 to stay updated WEBSITE ➤ 🤍 FACEBOOK ➤ 🤍 TIKTOK ➤ 🤍 INSTAGRAM ➤ 🤍 TWITTER ➤ 🤍 TELEGRAM ➤ 🤍 PODCASTS ➤ 🤍 #PMLee #LawrenceWong #PrimeMinister #Singapore #straitstimes
The choice of Finance Minister Lawrence Wong as the PAP's fourth-generation leader paves the way for Mr Wong to become the country's next Prime Minister. Associate Professor Eugene Tan from the School of Law at the Singapore Management University shared his thoughts on this. Subscribe to our channel here: 🤍 Subscribe to our news service on Telegram: 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍
Deputy Prime Minister Lawrence Wong has suggested broadening the pathways to the accounting profession. This comes as a committee looks at ways to ensure Singapore has enough accountants and also to dispel the perception that it is a boring profession. Mr Wong said having accountants with a more varied background will enrich the sector and better equip it to deal with a changing economy. Subscribe to our channel here: 🤍 Subscribe to our news service for must-read stories: Telegram - 🤍 WhatsApp - 🤍 Follow us: CNA: 🤍 CNA Lifestyle: 🤍 Facebook: 🤍 Instagram: 🤍 Twitter: 🤍 TikTok: 🤍
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![[FULL] DPM Lawrence Wong announces support package to help with rising cost of living](https://i.ytimg.com/vi/sX_GWoiAUms/mqdefault.jpg "[FULL] DPM Lawrence Wong announces support package to help with rising cost of living")
![[FULL] Lawrence Wong speaks on CPIB probe involving Iswaran | Full doorstop interview](https://i.ytimg.com/vi/HDWHVrAZJu4/mqdefault.jpg "[FULL] Lawrence Wong speaks on CPIB probe involving Iswaran | Full doorstop interview")
![[LIVE] Singapore Budget 2023 statement by DPM Lawrence Wong](https://i.ytimg.com/vi/EhjfZWJS9jU/mqdefault.jpg "[LIVE] Singapore Budget 2023 statement by DPM Lawrence Wong")
