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Singapore announces one-off top-up of $400 to Child Development Accounts

Amid declining birth rates, Singapore’s latest move to bolster family support sees a one-off top-up of $400 to the Child Development Accounts for children aged six and below. This strategic initiative aims to alleviate the financial strains of child-rearing.

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SINGAPORE: In a strategic move to support families with the escalating costs of child-rearing, Singaporean children aged six and below will now receive a one-off top-up of $400 to their Child Development Accounts (CDA).

This contribution is a substantial leap from the $200 provided in 2022. The 2022 CDA top-up saw about 230,000 children aged six and below benefitting from a $200 grant as part of the Household Support Package under Budget 2022.

This recent top-up, double the previous year’s amount, is projected to benefit approximately 240,000 children.

A joint announcement made on Monday by the Ministry of Finance and the Ministry of Social and Family Development revealed that these funds would be credited directly into the eligible CDAs from mid-September.

For children to avail of this benefit, parents who haven’t yet set up a CDA are encouraged to do so by the cutoff of 30 June 2024.

The CDA augmentation is intertwined with the Assurance Package introduced during Budget 2023. This initiative is geared towards alleviating the financial burdens families face, particularly concerning the expenses linked to raising children.

Parents can direct CDA funds towards a myriad of purposes, encompassing their child’s education and healthcare at various approved institutions. These range from registered childcare centres and kindergartens to special education schools, hospitals, and clinics, among others.

Upon the crediting of funds, beneficiaries will be duly informed via multiple channels: SMS, email, or hard-copy letters. Parents can subsequently monitor their CDA statement monthly to check the balance.

With a growing concern over scams, the official SMS notifications will be dispatched solely from the identifier “MSF”.

These will only contain the status of the credited top-up. Beneficiaries are urged to refrain from responding or sharing any personal data, with a clear note that no official correspondence regarding the top-up will be circulated via platforms like WhatsApp.

Furthermore, in May 2023, Singaporean children aged between seven and 20 had already been the recipients of a $300 top-up, earmarked for their Edusave account or Post-Secondary Education Account.

This financial support comes against a backdrop of concerning demographic trends. Singapore’s birth rate for 2023 stands at 8.336 births per 1000 people, marking a 0.99% decline from 2022.

Prior to this, 2022 and 2021 saw declines of 0.98% and 0.96%, respectively. Many have cited the practicalities of child-raising costs as a significant concern, echoing the findings of both YouGov and NPTD surveys.

These studies have unanimously identified financial security and affordability worries as pivotal factors when considering family expansion.

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Crime

Singaporean fugitive deported from Thailand, to be charged with drug trafficking

A Singaporean fugitive arrested in Thailand, was deported to Singapore on 19 September 2024 and faces drug trafficking charges. Authorities expect him to face the death penalty under Singapore’s tough drug laws for running a smuggling operation between Thailand, Australia, and Singapore.

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A 31-year-old Singaporean man, wanted for drug trafficking offences, was arrested in Thailand and deported to Singapore on 19 September 2024.

The fugitive, identified as Benny Kee Soon Chuan, was apprehended by Thai police at his residence near Bangkok’s Suvarnabhumi Airport and will face charges in court on 20 September.

Kee, described as a high-level trafficker, ran a smuggling operation that trafficked crystal methamphetamine, ketamine, and Ecstasy to Australia and Singapore using Thailand as a transit hub, according to Pol Lt Gen Panurat Lakboon, secretary-general of Thailand’s Office of the Narcotics Control Board (ONCB).

Cross-Border Investigation and Arrest

The Central Narcotics Bureau (CNB) of Singapore had issued an arrest warrant for Kee following investigations into two drug trafficking cases in December 2020 and November 2022.

He had been on the run since 11 April 2016, prompting CNB to collaborate with its international counterparts, including the ONCB. Thai authorities were tipped off by CNB on 12 August 2024, and after weeks of investigation, Kee was apprehended on 17 September.

Thai immigration officials revealed that Kee had entered Thailand earlier in 2024 using a Vanuatu passport.

Following his arrest, Kee’s Thai visa was cancelled, and assets worth 15 million baht (S$585,000), including luxury watches, gold pieces, and a luxury car, were seized during a raid on his residence in Samut Prakan.

Lt Gen Panurat confirmed that the fugitive had been living an affluent lifestyle in Thailand despite lacking legitimate employment.

Links to Broader Drug Network

Kee is believed to be linked to other Singaporean traffickers involved in the smuggling of drugs from Thailand.

In March 2021, Thailand’s Anti-Trafficking in Persons Task Force (AITF) intercepted packages containing Ecstasy and ketamine destined for Singapore, as well as crystal methamphetamine bound for Australia.

Two other Singaporean men, aged 21 and 29 at the time of their arrests, were later sentenced to imprisonment and caning in Singapore for their involvement in these operations, which were connected to Kee’s trafficking network.

Death Penalty Under Singaporean Law

Kee’s deportation to Singapore brings him under the jurisdiction of Singapore’s severe drug laws, which prescribe the death penalty for those convicted of trafficking substantial amounts of controlled substances.

Singaporean authorities have indicated that he could face the death penalty under the country’s strict drug trafficking laws. Pol Lt Gen Panurat indicated that Singaporean authorities are expected to seek the maximum penalty for Kee’s alleged offences.

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Arts & Culture

Epigram Books to close SAM bookshop amid low sales and footfall

Epigram Books will shut down its bookshop at the Singapore Art Museum on 26 January 2025, citing low sales and foot traffic. The independent bookstore, known for supporting local authors, will continue to operate its online store, but its future in brick-and-mortar retail is uncertain.

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Epigram Books, a major supporter of Singaporean literature, will close its Epigram Coffee Bookshop at the Singapore Art Museum (SAM) on 26 January 2025.

The decision comes after years of struggling with low sales and foot traffic at the Tanjong Pagar Distripark location, marking the end of the bookstore’s three-year lease.

The announcement on 19 September follows Times Bookstores’ closure of its final outlet in Holland Road, highlighting the growing challenges faced by brick-and-mortar bookstores in Singapore.

Edmund Wee, publisher at Epigram Books, expressed disappointment, stating: “We tried everything to make this work. Over the past three years, we’ve often asked ourselves, how many people even knew our bookstore existed here, let alone visited?”

Despite efforts to boost traffic, including operating shuttles to increase accessibility, the bookstore struggled to attract visitors consistently.

Epigram Coffee Bookshop, previously located at the Urban Redevelopment Authority Centre on Maxwell Road and later in a pop-up at Beach Road, relocated to SAM in May 2022 in partnership with Balestier Market Collective.

The 20-seater store featured towering shelves showcasing local and Southeast Asian titles, including books from other independent publishers like Ethos Books and Math Paper Press.

However, the location’s industrial setting, which only saw spikes in visitors during major exhibitions like Olafur Eliasson’s, limited consistent footfall.

The closure coincides with the end of Eliasson’s exhibit on 22 September 2024. Although the exhibition provided a temporary boost to the bookshop’s sales, Epigram noted that the increased traffic was short-lived.

Epigram’s future in physical retail remains uncertain. Mr Wee indicated that high rental costs make reopening a physical store unlikely: “Unless rent prices relent, it’s unlikely we’ll move into another space.”

Epigram Books has been a significant presence in Singapore’s independent book scene, promoting local authors and holding literary events.

The bookshop was also a community hub for the literary arts, hosting numerous book launches and events supporting local writers. “These spaces are special to our literary arts community. They’re where book lovers gather, where literary events and book launches happen in support of our writers,” said Mr Wee.

Despite the closure of the SAM store, Epigram will continue to operate its online store. The publisher emphasized the need for continued support from readers: “We’ve come this far with everyone’s support, and we look forward to continued support from our readers as we transition to focus on online sales.”

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