CPF Changes in 2025: What Young Singaporeans Should Know
As Central Provident Fund (CPF) marks its 70th anniversary, several key policy changes are being rolled out in 2025 to strengthen long-term financial security for Singaporeans. While many of these updates target older workers and retirees, younger adults are encouraged to understand these changes early to plan effectively for the future.
CPF CONTRIBUTIONS FOR SENIOR WORKERS INCREASED
Since earlier this year, CPF contribution rates for employees aged above 55 to 65 have gone up by a total of 1.5 percentage points. This includes an additional 1% from employees and 0.5% from employers. The aim is to help senior workers build stronger retirement savings as more choose to work beyond age 55. For younger workers, this underscores CPF’s commitment to retirement adequacy for all age groups.
Image Credits: cpf.gov.sg
CPF SALARY CEILING HAS INCREASED
The CPF monthly salary ceiling has increased to S$7,400, up from S$6,800 previously. This change means that a larger portion of higher earners’ wages is now subject to CPF contributions. The ceiling will be raised again to S$8,000 in 2026. Although this change primarily affects those with higher salaries, it benefits long-term savings by increasing CPF contributions over time. This is something younger professionals can factor into their career and income growth.
SPECIAL ACCOUNT CLOSURE AT AGE 55
CPF members turning 55 this year will see their Special Account (SA) automatically closed. Funds are first transferred to the Retirement Account (RA), up to the Full Retirement Sum (FRS), where they continue to earn attractive long-term interest. Any remaining withdrawable balance is moved to the Ordinary Account (OA) and earns a lower interest rate.
Members can still transfer OA savings to their RA, up to the Enhanced Retirement Sum (ERS), to enjoy higher CPF LIFE payouts. Investments under the CPF Investment Scheme-Special Account are not affected and can be retained. Upon maturity or sale, the proceeds will first go to the RA, and any excess will be credited to the OA.
ENHANCED RETIREMENT SUM NOW S$426,000
The Enhanced Retirement Sum (ERS) has been increased to S$426,000, or four times the Basic Retirement Sum. Members who top up to this new limit at age 55 could receive CPF LIFE payouts of approximately S$3,300 per month from age 65, compared to around S$2,500 previously.
Even for those still far from retirement, it’s useful to understand how topping up early can maximize compound interest. CPF’s online tools like the Retirement Payout Estimator and Retirement Dashboard help members plan based on their age and financial goals.
EXPANDED MATCHED RETIREMENT SAVINGS SCHEME
Improvements have also been made to the Matched Retirement Savings Scheme (MRSS). There is no longer an age cap, and eligible members can receive government matching grants of up to S$600 per year for five years, totaling S$2,000.
Young adults can also support older family members by topping up their RA, helping them qualify for these matching grants while enjoying personal tax relief.
70TH CELEBRATION OF CPF
At CPF’s 70th anniversary celebration on July 5 and the launch of its commemorative book “Save & Sound: 70 Years of CPF”, Senior Minister Lee Hsien Loong reflected on CPF’s key role in every Singaporean’s life (i.e., from home ownership and family support to retirement). He also noted that Singapore’s CPF system is internationally recognized as one of the most effective in the world.
Image Credits: unsplash.com
For younger Singaporeans, this is the time to stay informed, track contribution limits, plan top-ups early, and help family members maximize their CPF benefits. To learn more, visit cpf.gov.sg or follow CPF’s official platforms.
Latest WFH internships posted from 14 to 18 July 2025
Looking for a WFH internship?
This week we’ve got opportunities in business & growth management, social media / content creation, and more.
Browse through and apply accordingly.
Good luck!
#1: The Berry Spot – Business & Growth Intern
Website: theberryspot.com
Allowance / Remuneration: $800 – 1,200 monthly
Job Qualifications
- Currently pursuing or recently completed a Bachelor’s/Master’s program (business, management, marketing, etc.)
- Extremely organized, independent, and solution-oriented.
- Eager to work in a growing startup with real responsibilities.
- Confident in tools like Google Drive, Canva, Notion, and Excel/Sheets.
Key Responsibilities
- Supporting SOP documentations and streamlining internal workflows;
- Assisting with finance tracking (basic reporting, cost analysis, inventory tools);
- Helping coordinate marketing tasks and campaigns;
- Organizing tasks and timelines across projects and outlets;
- Researching benchmarks and supporting special projects (e.g., investor decks, new outlets planning).
How to apply?
View the job post here and write to Gabriel via this link.
#2: Revergoods – Social Media / Content Creation Intern
Website: revergoods.com
Allowance / Remuneration: $800 – 1,200 monthly
Job Qualifications
- A good eye for detail, styling, and visual composition
- Comfortable shooting/editing with phone or camera
- Familiar with Instagram, TikTok, and visual trends
- Self-driven, responsible, and open to feedback
- Bonus: Comfortable being in front of the camera occasionally
- Students in design, media, marketing, or related fields are welcome
Key Responsibilities
- Photograph and film products (flat lays, lifestyle shots, styling scenes)
- Conceptualise and shoot creative, on-brand content
- Create light UGC-style clips — like outfit-of-the-day, styling reels, or unboxings (optional)
- Stay in tune with trends and maintain brand consistency in content
How to apply?
View the job post here and send your application to info@revergoods.com.
#3: Nanyang Inc Pte Ltd – Digital Marketing Intern
Website: nanyanginc.com
Allowance / Remuneration: $650 – 1,000 monthly
Job Qualifications
- Strong interest in marketing, branding, and creative communications
- A keen eye for design and visual aesthetics
- Good communication skills and professional work etiquette
- Positive attitude and a willingness to learn
- Self-motivated, proactive, and able to work independently or in a team
- Strong time management skills and the ability to meet deadlines consistently
- Proficient in Google Workspace (Gmail, Drive, Photos, Sheets, Forms)
- Comfortable with Microsoft Office applications (Word, Excel, PowerPoint)
- Familiar with Canva and basic video editing tools (e.g., CapCut, VLLO, or similar)
- Bonus: Knowledge of Adobe Photoshop, Adobe Illustrator, AutoCAD, or SketchUp
Key Responsibilities
- Assist in the creation of marketing content and visuals
- Capture photos and videos of completed installations
- Support the enhancement of chatbot features and functionality
- Contribute ideas in brainstorming and conceptualising proposals
- Assist in basic video editing tasks for marketing and project documentation
- Provide general support to the team on various ad hoc tasks as required
How to apply?
View the job post here and send your resume and portfolio (if any) via https://forms.gle/cB3oU1Y1tBg167Xg6.
#4: Singapore Aero Engine Services Private Limited – HR Talent Acquisition Intern
Website: saesl.com.sg
Allowance / Remuneration: $800 – 1,200 monthly
Job Qualifications
- Not specified.
Key Responsibilities
- Assist with the administration of the TA process: data entry, arranging medical check-ups, arranging interviews, conducting assessment centre, etc.
- Assist with screening of resumes (for certain roles).
- Assist with Career Fairs administration: Logistics preparation, attending career fairs, managing database of interested candidates, follow-up with interested candidates, etc.
- Assist with data collections: collect data on hiring success rate, career fair success rate, TA SLA, etc.
- Assist with improvement projects, such as creating or improving automation within TA processes, branding projects, and TA process improvement projects, among others.
- One intern will be appointed as ‘Intern Manager’ in managing internship matters from sourcing to the exit of interns.
How to apply?
View the job post here and send your resume to jiayi.tang@saesl.com.sg.
#5: BeetleLabs – Account Executive
Website: beetlelabs.ai
Allowance / Remuneration: $500 – 7,000 monthly
Job Qualifications
- Entrepreneurial, hungry, and self-driven—you thrive without micromanagement
- Strong communicator who can build trust and articulate value to senior stakeholders
- 2–5 years of experience in B2B sales, ideally in SaaS, fintech, or professional services
- You live in Singapore (or are well-networked there) and understand the startup ecosystem
- Bonus: Exposure to compliance, regtech, or financial services
Key Responsibilities
- Own the full sales cycle—from prospecting to closing—for Singapore-based fintechs, startups, and financial institutions
- Build and manage a pipeline of qualified leads via cold outreach, networking, and referrals
- Craft compelling pitches that demonstrate product value to compliance and risk leaders
- Collaborate with the founding team on pricing strategy, product-market fit, and sales enablement
- Gather customer feedback to help shape our roadmap
- Represent BeetleLabs in customer meetings, demos, and industry events
How to apply?
View the job post here and write to Akshay Khandelwal via this link.
Editor’s note: These positions are selected based on the “remote” tag, but some are hybrid ones, and you may need to report to the office physically. For more details, contact the employer directly.
FairPrice has ‘buy 1 get 1 free’ offers on products such as Cowhead natural cheese slices & more till 23 July 2025
You’re in here for the ‘buy 1 get 1 free’ items from FairPrice this week, right?
So let’s jump right into the list.
Promotion ends on Wednesday, 23 July 2025, so make your purchase fast
Buy 1 Get 1 Free
Cowhead Natural Cheese Slices – Cheddar
Promo Price: 2 for $7.60 (was $7.60 each)
Cowhead Natural Cheddar Slices are made from pasteurized cow’s milk in the Netherlands, the real deal when it comes to rich, smooth cheddar flavor. Goes well with sandwiches as it is paired with crackers.
FairPrice Canister Disinfectant Wipes
Promo Price: 2 for $7.65 (was $7.65 each)
Armed with a 99.9% bacteria-blasting formula, these wipes leave surfaces clean without stickiness in sight. Countertops, door handles, toys – you name it, they will sanitize it. Plus, each wipe releases a citrus scent to chase away odors and leave your space smelling fresher than before.
Colgate Sensitive Pro-Relief Toothpaste (Assorted)
Promo Price: 2 for $8.65 (was $8.65 each)
For teeth that have been through it all, Colgate Sensitive Pro-Relief toothpaste is the saving grace you’ve been waiting for. Whether your enamel is in need of some extra TLC or you just want a gentler clean, these tubes have your back.
Eversoft Shower Cream (Assorted)
Promo Price: 2 for $11 (was $11 each)
Eversoft’s shower cream selection offers over 10 types/scents to choose from, like aloe vera, tea tree oil, bamboo charcoal, and more. For the cleanliness-obsessed, Eversoft even has anti-bacterial options that will leave you feeling super clean from neck to toe.
Depend Protect Plus Pants Unisex Adult Diaper (Assorted Sizes)
Promo Price: 2 for $13.34 (was $13.34 each)
As the #1 adult diaper brand in the USA, Depend delivers quality and reliability when it matters most. Their Protect Plus pants are designed for up to 12 hours of worry-free protection, with a secure yet comfy fit that accommodates a range of body shapes from size M to XL.
Cielo Cream Hair Colour (Assorted)
Promo Price: 2 for $19.90 (was $19.90 each)
This Japanese hair color range serves up brunettes, golden browns, and natural blacks—all designed to hide grays and breathe new life into your locks. Made to provide easy gray coverage, these colors will swipe away every last stray for an even finish.
Walch 9X Laundry Capsules Refill
Promo Price: 2 for $34.52 (was $34.52 each)
Say goodbye to smelly gym socks and stains. The Walch 9X Laundry Capsules kill 99.9% of germs while tackling odors, making your clothes feel fresh out of the washing machine. The anti-mite formula also rids your fabrics of dust mites and other allergens. No more 鼻涕 on laundry day!
7-Eleven Singapore has launched $1 & more deals you can enjoy till 29 July 2025
Enjoyed the last round of $1 deals from 7-Eleven?
They are back with more $1 deals this month
And there are also other deals from $1.30 to $1.70 at the end of this post, so stick around if you want to know what’s on sale.
Promotion ends on Tuesday, 29 July 2025, so head to your nearest 7-Eleven store(s) to grab these goodies right now.
$1 Deals
- Oatside Cereal Bar Assorted 18g
These wholegrain oat cereal bars are the snack you will actually feel good about reaching for without the sugar crash and side of guilt. With flavors like chocolate and peanut butter, each bar is a perfectly portioned 18g that satisfies those cravings.
- Striking Popping Candy Cola / Grape 15g
- Meiji Flavored Milk Assorted 200ml
These flavored milk drinks from Meiji are not only low in fat, but they’re also brimming with bone-strengthening calcium to keep your body in tip-top shape. And with that ‘healthier choice’ label stamped across the front, you can sip with confidence at only a dollar each.
- Peel Fresh Less Sugar Assorted 250ml
- Marigold Yogurt Drink Strawberry / Mixberries No Fat 200ml
Creamy and fruity, this 0% fat yogurt drink bursts with strawberry or a mixed berry medley, each sip a light treat to brighten your moments. It also contains live, active cultures that give your gut a healthy boost.
- Oatside Oat Milk Dark Chocolate / Chocolate Malt 200ml
- Eurocake Molten Cake Lova Chocolate / Bisco Fusion 55g
Craving a molten chocolate cake but don’t want to turn the oven on? Meet this microwavable, single-serve indulgence from Eurocake that lets you savor a warm cake straight from the microwave. Choose from two flavors: the Molten Chocolate Lava cake or the Bisco Fusion version.
- Storck Knoppers 25g
- Tong Garden Daily Pack Apple Pie / Berry Mix 28g
Apple pie. Berries. Crunchy nuts. This daily snack pack is one big flavor in a convenient grab-and-go pouch. We’re talking wholesome baked nuts and chewy dried fruits that hit all the right notes.
$1 Drinks
- 100 Plus Peach Zero Sugar 500ml
- Pokka Iced Peach Tea Zero Sugar 500ml
- C2 Freeze Mint Lemon 455ml
- Mountain Dew Neon 400ml
- Ribena Blackcurrant 350ml
- Pokka Oolong Tea 500ml
- IF Chrysanthemum Drink 350ml
- JJ Manuka Honey Drink 300ml
Other deals from $1.30
- HeySong C&C Lemon Sparkling 500ml – $1.30 each
- 7-Premium Black Coffee 375ml – $1.40 each
- Coca-Cola Original Taste / Zero Sugar 500ml – $1.50 each
- Nescafé Iced Cappuccino / Caramel 500ml – $1.70 each
- Pokka Premium Milk Tea / Less Sugar 500ml – $1.70 each
- Pokka Ice Peach Tea / Jasmine Green Tea / Ice Lemon Tea 500ml – $1.70 each
T&Cs may apply.
Applicable at selected stores only.
MBS Bets Big with S$10.3B Expansion
On a humid Tuesday morning (July 15), the Marina Bay skyline buzzed with more than just financial activity. It carried the anticipation of transformation. Las Vegas Sands, the parent company of Marina Bay Sands (MBS), held a groundbreaking ceremony for its US$8 billion (S$10.3 billion) expansion, a bold move that promises to reshape not only Singapore’s skyline but also the future of luxury tourism across Asia.
Prime Minister Lawrence Wong officiated the ceremony, joined by Minister for Sustainability and the Environment Grace Fu and key figures from Las Vegas Sands, including cofounder Miriam Adelson, Chief Executive Officer Robert Goldstein, and President and Chief Operating Officer Patrick Dumont. Their presence underscored both the global significance and the local commitment behind this landmark development.
ENHANCING THE MBS LEGACY
Since its opening, Marina Bay Sands, crowned by the iconic SkyPark, has become one of the most recognizable architectural symbols of Singapore. Now, its next chapter, temporarily called IR2, is poised to elevate this legacy even further. The upcoming 55 story tower will house 570 all suite accommodations, each designed to feel less like a hotel room and more like a private retreat in the sky.
But the expansion goes beyond opulence. The project includes a new gaming area, nearly 200,000 square feet of premium meeting and event spaces, world class dining concepts, enhanced wellness facilities, and a state of the art entertainment arena capable of hosting 15,000 attendees. This is more than hospitality. It is the blueprint for a new standard in global luxury experiences.
TRANSFORMING THE SKYLINE
If the original SkyPark defined the Marina Bay Sands silhouette, the upcoming Skyloop will reimagine how visitors experience it. Spanning 76,000 square feet, this multilevel rooftop destination will offer panoramic 360 degree views of the city skyline. The Skyloop will feature public areas including observatories, lush gardens, and destination restaurants, alongside private sanctuaries with infinity pools, cabanas, and wellness terraces curated for bespoke experiences.
Image Credits: unsplash.com
WHY NOW
This expansion is more than a property upgrade. It is a strategic play. As regional competition intensifies, with new integrated resorts emerging in markets like Japan, Macau, and the Philippines, Singapore is reinforcing its position as Asia’s premier hub for business, tourism, and luxury living.
“This is not just a hotel. It is a vision for the future of hospitality,” said Patrick Dumont in a recent interview. The message is clear. Las Vegas Sands is placing its full confidence in Singapore’s continued relevance and leadership in the global hospitality landscape.
INVITING THE PUBLIC IN
While IR2 is geared toward the ultra luxury market, MBS remains committed to engaging the public. Starting January 17, the Skyline Singapore: Stories From Above showcase will open at the SkyPark Observation Deck. Visitors can explore the evolution of Marina Bay Sands through immersive exhibits while taking in sweeping views of the Esplanade, Gardens by the Bay, and the ever evolving cityscape.
At night, the SkyPark remains one of the best spots to catch Spectra, the free nightly light and water show that continues to captivate both locals and visitors. Even as MBS reaches new heights, it remains grounded in its role as a place for connection, wonder, and shared experience.
Image Credits: facebook.com/SafdieArchitects
With construction officially underway, Singapore is once again stepping boldly into the global spotlight. This expansion is more than a luxury resort project. It is a proof that the Lion City’s next act is already taking shape.