Replying to MPs’ questions in Parliament on Tuesday , Mr Tan said the Government values the role played by
Income was established in 1970 to provide Singaporeans, especially underserved workers, with essential and affordable insurance. But social enterprises must be sustainable, he said. Mr Tan said the insurance market is very competitive now, with many options available to Singaporeans. The Government has also significantly strengthened Singapore’s social support system, with public healthcare heavily subsidised.
and its enterprises. He pointed out that