As the lunar new year is coming, those who are involved in it in one way or another have to be prepared to give out the customary red packets aka “Ang Baos”. We saw the following “market rates” in social media and it was attributed to PerfectWeddings.sg: High Income - Combined income of $150k and above annually Parents $88 – $200 In Laws $88 – $200 Own Children $20 – $80 Nephews and Nieces $20 – $50 Children of Friends and Colleagues $20 – $50 Grandchildren $20 – $50 Middle Income - Combined income of $30k – $150k annually Parents $48 – $100 In Laws $48 – $100 Own Children $8 – $28 Nephews and Nieces $5 – $18 Children of Friends and Colleagues $8 – $28 Grandchildren $5 – $10 ...