Do you know that the tuition fees in Singapore are expensive?

[jianbin]

I received the following notice from my children’s preschool that preschool fees will be lowered by about $30-$40 per month depending on whether your child is enrolled in full day or half day sessions.
These fees are before subsidies, which means that for working Singaporean mothers, costs for full-day child care at government-supported pre-schools are further reduced to $453.60 (inclusive of GST).
In addition, families that fall below the income ceiling have additional subsidies of $467 for child care which brings the amount down to nearly $0.
Apart from the structured subsidies, other subsidies are awarded on a case-by-case basis to support mothers or even single fathers who are not working.
While it is certainly not cheap to raise a child in Singapore, I am somewhat thankful that there are plans in place to help with the cost of childraising and that additional support has been given during this period of inflation.
This week, I had the privilege of bringing a senior investment team member from the firm’s very well-regarded Private Credit team for meetings around Singapore.
As he learnt more about Singapore during the cab rides between meetings, he grew more and more impressed and remarked at how well thought out Singapore’s urban planning and social policies were.
Singapore is by no means perfect, and there will always be issues to improve on. But at the end of the day, there is probably much more to be thankful for than to complain about.
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Who the fk asked?