(Reuters) - India's Paytm received a show cause notice from India's financial crime fighting agency on Saturday for allegedly violating the country's Foreign Exchange Management Act.
Preliminary data showed that there were 30,800 resident births in 2024, a slight increase from the 30,500 such births in 2023. -- PHOTO: LIANHE ZAOBAO via The Straits Times/ANN
A resident birth refers to a child who is born to at least one parent who is a Singaporean or permanent resident. In 2023, Singapore’s TFR fell to below 1 for the first time, dropping to a record low of 0.97 – among the world’s lowest. What it means is that the average number of children each woman has is less than what is needed to replace those in the population who die.
Ms Indranee said that as Singapore celebrates 60 years of independence in 2025, it must address the twin demographic challenges of the low fertility rate and rapidly ageing population for the country to continue to thrive. The latest figures released by the Department of Statistics show that fewer women at the end of their child-bearing years have three or more children.
“But we want to give greater assurance to couples who want to have larger families,” Ms Indranee said. For the third and subsequent Singaporean children born on or after Feb 18, families on the Large Families Scheme will get: Ms Indranee said the Government will provide more details on how to use Large Family LifeSG Credits later this year.
Various MPs, including Mr Xie Yao Quan , Mr Louis Ng and Dr Wan Rizal , also asked for more childcare leave for certain working parents, such as those with more children and those seeking fertility treatment.
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