Latest Maxim Malaysia Marks Independence Month with Patriotism
Singapore

Singapore to Refine Local Qualifying Salary in Upcoming Budget

Singapore’s manpower minister says the Local Qualifying Salary will be refined in Budget 2026, as the Government reviews wage support policies alongside Silver Support thresholds for lower-income seniors nationally.

The Local Qualifying Salary (LQS), which sets the minimum monthly wage employers must pay Singaporeans before hiring foreign workers, will be refined in the upcoming Budget, Manpower Minister Tan See Leng said.

Singapore Budget

Speaking in Parliament on Jan 13, Dr Tan said details would be announced later, noting the Government is still calibrating changes carefully. He was responding to questions on the Silver Support Scheme, which provides quarterly cash supplements to seniors aged 65 and above with low lifetime wages.

The LQS was last raised in 2024, increasing from $1,400 to $1,600 as part of Budget measures announced by then deputy prime minister Lawrence Wong. The move was paired with enhanced Workfare payouts to support lower-wage workers amid rising costs.

Addressing concerns over policy alignment, Dr Tan clarified that the Silver Support Scheme’s $1,500 threshold refers to per capita household income, not individual earnings. Budget speech scheduled Feb 12.

Business News

Table of Contents

carribean, RHB, GEAR-uP, childcare, YTL Cement, Eldridge energy, FGV, jssez, MRANTI, RHB Bank, Asset Management, Felda co-op, predictive Airstream, Woollen, bangkok hospital, TIMES24, TMOG, silverlake axis, education crisis, UEM Edgenta, BROKU, Malaysian Students, openminds, tech startups, bursa muted, Zoomlion, Malaysian properties , bargain hunting, ChinHin, graft buster, A330neo, GoInsuran, i-berhad, 6th ISES, ahb, SCORE Marathon, Radium Development, guardian, CCIU, U.S. Market, Tymba, panduit, new ceo, SME Bank, jj-lapp, Middle Eastern, AI governance, Money20/20 Asia, aselsan, AVM Cloud, golden pin design, record revenue, store n go, nadella, Seven Skies School, matrix connection, cordless massage chair, jebsen & jessen, openminds, customer experience, Suria Capital, concept medical, treasury, amazon, ant international, starhubs, selphy, pop mart, local threats, LIAM, Cisco, pasarpolis, fungi, bubur lambuk, fintech, gp series, mydin, Quantum Metal, Queue Management, Preschool Education, NVIDIA, finance, sunway university, GE-Shen, markus lusser, healthcare, kk mart, printing, FIABCI, sme, Jebsen & Jessen Group, Cello 3C, MyStartup, Khong Kam Hou, mervyn tan, moomoo, meros, trading success, cancer, sunway property, hsbc, foundit, LiveIn, resepi berani, aml, payments, Tengah Plantation, UK Inflation, Moxy Putrajaya, PubliCT, Sustainability Leadership, infosys, fortigate, golf talent, volume records, public safety, unionpay, alipay+, Latest Malaysia, Ringgit, ninja van, EOS Masters

Read More News on Latest Malaysia

Follow us on

George kent, energy transition, profit-taking, imotorbike, RHB, GEAR-uP, huawei, MR D.I.Y, childcare, youth, education, ytl cement, Sherwin-Williams, OT Security, Mad Hat Asia, jssez, GKP 3.0, MRANTI, RHB Bank, breath, plexus, Gross fixed capital, digital growth, nestle malaysia, eVTOL Jets, Asset Management, sarno, Sunday property, Felda co-op, Pulau Burung landfill, Burnout in Women, alliance bank, immunisation, malaysia-china, swing & pillows, Predictive Maintenance, AIRSCREAM, subsidy rationalisation, food panda, eurozone inflation, woollen, About Business News My, blue chips, Winding-Up Order, producer prices, Inari Amertron, alibaba, government trust, TRADA, enertech asia, TIMES24, TMOG, atome financial, silverlake axis, Transport sector players , Iskandar Investment, Chery, Vietnam's EV market, citadel group, Goodday Charge, Malaysian students, openminds, Mohammad Faiz Azmi, tech startups, Sunway Construction, Quadruple Helix, BizRace, MHTC, property market, market trends, Finance Professionals, IMF, mystartup, Country Heights, Polaris Catalogue, ChinHin, Dialog group, asean college, innovative tax, Astra Vectorize, A330neo, GoInsuran, i-berhad, BlackRock, api gateway, HCD Platform, KK Supermart, red palm oil, Tymba, Panduit's, SMEO, SME Bank, jj-lapp, Middle Eastern, AI governance, Longi, UMW Toyota Motor, golden pin design, bernas, store n go, nadella, WEF, Matrix Connexion, Skills Development, synergy house, cordless massage chair, circuit design hub, concept medical, treasury, e-commerce, amazon, starhubs, food packs, silentmode, selphy, fortinet, Multi-Cloud, pop mart, raya menu, Spritzer EcoPark

Read More News on Business News Malaysia

George kent, energy transition, profit-taking, imotorbike, RHB, GEAR-uP, huawei, MR D.I.Y, childcare, youth, education, ytl cement, Sherwin-Williams, OT Security, Mad Hat Asia, jssez, GKP 3.0, MRANTI, RHB Bank, breath, plexus, Gross fixed capital, digital growth, nestle malaysia, eVTOL Jets, Asset Management, sarno, Sunday property, Felda co-op, Pulau Burung landfill, Burnout in Women, alliance bank, immunisation, malaysia-china, swing & pillows, Predictive Maintenance, AIRSCREAM, subsidy rationalisation, food panda, eurozone inflation, woollen, About Business News My, blue chips, Winding-Up Order, producer prices, Inari Amertron, alibaba, government trust, TRADA, enertech asia, TIMES24, TMOG, atome financial, silverlake axis, Transport sector players , Iskandar Investment, Chery, Vietnam's EV market, citadel group, Goodday Charge, Malaysian students, openminds, Mohammad Faiz Azmi, tech startups, Sunway Construction, Quadruple Helix, BizRace, MHTC, property market, market trends, Finance Professionals, IMF, mystartup, Country Heights, Polaris Catalogue, ChinHin, Dialog group, asean college, innovative tax, Astra Vectorize, A330neo, GoInsuran, i-berhad, BlackRock, api gateway, HCD Platform, KK Supermart, red palm oil, Tymba, Panduit's, SMEO, SME Bank, jj-lapp, Middle Eastern, AI governance, Longi, UMW Toyota Motor, golden pin design, bernas, store n go, nadella, WEF, Matrix Connexion, Skills Development, synergy house, cordless massage chair, circuit design hub, concept medical, treasury, e-commerce, amazon, starhubs, food packs, silentmode, selphy, fortinet, Multi-Cloud, pop mart, raya menu, Spritzer EcoPark

Read More News on SG Business News

imotorbike, Sherwin-Williams, plexus, digital growth, nestle malaysia, Enertech asia, Goodday Charge, Care+ handyman, bursa muted, zoomlion, helen katerina, BizRace, MHTC, cancer survivor, property market, SEAM, Finance Professionals, mystartup, Brand Finance, Business Continuity, Country Heights

Read More News on World Future Tv

Read More News #latestmalaysia

Leave a Reply

Related stories