Rounding up top investing articles from around the web, including articles shared in our Facebook Group and Reddit Community: r/SingaporeInvestments.
The government agency in charge of lifelong learning here had overpaid an estimated $4.22 million due to lapses in the management of its grants, said the Auditor-General’s Office (AGO). In its annual audit of government accounts, the AGO also flagged that SkillsFuture Singapore (SSG) was lax in enforcing the collection of Skills Development Levy (SDL) funds from 2015 to 2020, resulting in an estimated $43 million owed to the agency as at April this year. The AGO detailed these and other findings in a report released on Wednesday (July 20) on government accounts for the 2021/2022 financial year.
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