12 Mar '11, 7am

Budget 2011 boosts Singaporeans' confidence

SINGAPORE: A Budget 2011 telephone survey conducted by the government feedback channel REACH among 887 Singaporeans has found that more than two-thirds felt the budget boosted their confidence in Singapore's future. About 86 per cent supported the approach that centres on opportunities instead of entitlements. Close to three-quarters agreed the best way to cope with rising costs is to grow the incomes for all Singaporeans. Sixty-nine per cent supported putting back four billion dollars back into the reserves, while 64 per cent supported the enhancement of training subsidies and increasing the foreign worker levy to boost productivity. Eighty-one per cent of the respondents agreed with the move to raise the employers' CPF contribution. Agreement was highest for measures relating to individuals and families, with at least seven out of every 10 respondents approving with all ...

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

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