14 Aug '11, 5pm

PM Lee announces new initiatives on housing, education & jobs

PM Lee announces new initiatives on housing, education & jobs

SINGAPORE: Prime Minister Lee Hsien Loong on Sunday announced new initiatives on housing, healthcare, education and jobs, as he pledged to put Singaporeans first. These measures include raising the qualifying income ceiling for HDB home buyers, increasing the number of places for Singaporeans at local universities, making healthcare more affordable and tightening the hiring of foreign workers. In his first National Day Rally speech since the General Election in May, Mr Lee said the thrust of the government's policies will be a Singaporean-first approach, even as the country stays open to the world. He noted concerns over rising home prices, healthcare costs and the inflow of foreigners - all hot button issues at the recent elections. Mr Lee said: "I can fully understand and empathise with concerns because it has been a difficult ride, bumpy, stormy and causing anxiety from...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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