The move is meant to help senior workers build up their retirement savings, said PM Wong. Read more at straitstimes.com.

SINGAPORE: The Central Provident Fund (CPF) contribution rates for those aged above 55 to 65 will increase by 1.5 percentage points in 2026, Prime Minister Lawrence Wong announced in his Budget ...

Singapore’s average inflation was 2.6 per cent; and in the past four years, 3.9 per cent. This is the pace at which the cost of living is rising, faster than the nominal 2.5 per cent interest rate ...

Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025, complicating President Donald Trump’s agenda. A key gauge of ...

SINGAPORE is still studying the idea of a Central Provident Fund (CPF) retirement investment scheme, to see if such a programme can be designed to provide certainty of greater returns while minimising ...

This CPF change may seem minor, but it makes a difference in terms ... The first option is not optimal as 2.5% can barely allow you to beat the long-term inflation rate of 2% to 3%. Yet, the second ...