11 Feb '12, 8am

Have Baby Bonuses been helpful?

Have Baby Bonuses been helpful?

SINGAPORE: Close to S$2 billion in Baby Bonuses have been given out since the scheme started 10 years ago, said the National Population and Talent Division. While Singapore's fertility rate went up slightly last year, from a historic low of 1.15 in 2010, to 1.20 in 2011, Prime Minister Lee Hsien Loong has said he wants to build a more "supportive social climate" for child bearing. Social worker Francesca Seah and lawyer Davyd Chong tied the knot in 2011. They said they want to have children but not just yet. "In my childhood, I always thought I'd marry at 25," Mrs Chong said. "But in the end I did marry at, what age? I married at 28. If I had married at 25, I'd probably have one or two kids by now." The couple said cost is another reason. Mr Chong said: "I want to be financially stable before I have a child." Under the Baby Bonus scheme, parents are given a cash gift of S$...

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

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