South Africa remains hopeful as millions of people anxiously await news about whether the Social Relief of Distress (SRD) grant will be extended beyond March 2025. The R370 monthly grant has been a vital lifeline for 8.5 million beneficiaries, many of whom face an uncertain future if it is discontinued. Introduced in May 2020 during … Read more
Singapore has introduced significant changes to its Central Provident Fund (CPF) system for the 2025 fiscal year, addressing challenges like rising living costs and increasing life expectancies. Unlike tax-funded pension systems, Singapore’s CPF is a unique compulsory savings model, serving as the cornerstone of retirees’ financial independence since 1955. In this system, employers and employees … Read more
The announcement of the JS scheme came from Prime Minister Lawrence Wong during the National Day Rally on August 18, 2024. Set to launch in April 2025, it will be implemented by Workforce Singapore (WSG). The initiative aims to offer temporary financial assistance to those involuntarily unemployed while motivating them to actively pursue suitable job … Read more
The National Student Financial Aid Scheme (NSFAS) plays a vital role in supporting South African students from low-income households by providing financial assistance for their studies at public universities and TVET colleges. However, the application process is just the first step. After submitting your application, it is crucial to track its progress to ensure that … Read more
The Social Security System (SSS) in the Philippines plays a crucial role in providing financial support to its members, particularly during retirement or times of need. For Filipino workers who contribute to the system throughout their careers, the SSS ensures they have a steady income when they stop working. In 2025, significant updates are coming … Read more
Recently, false rumors about a supposed “SASSA R700 Payment” have spread across social media platforms like WhatsApp and Facebook. These rumors suggest that South African citizens, between the ages of 18 and 65, can apply for a R700 grant through an easy online process. The messages even claim that over 675,000 people will receive the … Read more
In Singapore, the custom of gifting new notes during Chinese New Year (CNY) holds significant cultural value. To ensure that this practice remains convenient and accessible, leading banks like DBS, OCBC, and My Bank have introduced various services to enhance the experience. These services include online reservations, improved ATM access, and digital gifting options, which … Read more
The Philippines’ Social Security System (SSS) is set to introduce major changes to its pension scheme in 2025, aiming to provide better financial support to retirees and other beneficiaries. With an increase in pension benefits, the scheme will help beneficiaries keep up with rising living costs, marking an important development in the country’s social security … Read more
The Community Development Council (CDC) voucher scheme has proven to be a crucial support system for Singaporean households grappling with rising living expenses. With more than 60% of households redeeming their vouchers within two days of the latest tranche being released, it is clear that this initiative is a timely and essential response to the … Read more
