Unless you are fabulously wealthy, you would have felt the pinch from this year’s developments.
Inflation is up, fuel prices are up, and chicken has become more expensive due to Malaysia’s chicken export ban.
All these developments contribute to the rising cost of living in Singapore.
And unfortunately, when this happens, those who are not earning as much are the most hard-hit as they have to spend a bigger percentage of their salary on essentials.
In light of the above, Senior Minister of State for Finance and Transport Chee Hong Tat announced today (21 Jun 2022) in a press conference (via CNA) that the Government will be providing financial support to eligible taxi and private hire car drivers and combi bus, limousine, motorcycle, and delivery drivers.
For context, this financial support for riders is part of a new $1.5 billion support package announced by Deputy Prime Minister and Finance Minister Lawrence Wong to help the...