The $8 billion Pioneer Generation Package highlighted differences among MPs, with some cautioning more prudence, while others called for increased social spending. -ST

Reactions

This is why the Government needs to consider direct communications as a way of getting the message across. -ST
Singaporeans must remain engaged with the world even as the country tackles challenges at home, Nominated MP Nicholas Fang said. -ST
The Productivity and Innovation Credit is proving popular among firms trying to lift output but the scheme has drawbacks, as Nominated MP and actress Janice Koh noted. -ST
Wheelchair users are not allowed on the ride for safety reasons. -ST
The first day of the Budget debate saw praise for the Pioneer Generation Package from many MPs who spoke, but also wishes for more help and worries over increased spending. -ST
The $8 billion Pioneer Generation Package highlighted differences among MPs, with some cautioning more prudence, while others called for increased social spending. -ST

Views and analysis

The Government clearly has the firepower to fund higher social spending amid rising health-care costs and an ageing population. -ST
According to six panellists, the Budget is a generous one bringing welcome relief for elderly Singaporeans, workers and companies alike but the devil will be in the details. -ST
Experts add that the ability to fund the Pioneer Generation Package shows why strong economic growth is vital. -ST
The Budget gets happy nods from heartlanders, though the immediate rise in duties for cigarettes and liquor leaves some grumbling. -TNP
This year's Budget is notable for the social initiatives it contained as well as the features it left out. -ST
It is not a challenge for firms alone - all S'poreans will have to change tack. -ST

Citizens

More than one child can claim shared tax relief for supporting parents. -BT
Last year's Budget had also included a similar one-off payment. -ST
About 675,000 will get one-time payout under GST Voucher scheme. -ST
Employees' contributions will rise by half a point, and that will go into the Ordinary Account. -ST
Additional contribution from employers to go to Medisave. -ST
More middle-income households that have family members with disabilities will benefit from Government help. -ST

Pioneer Generation

Government pensioners who qualify for the Pioneer Generation Package will continue to receive all the post-retirement benefits of their respective pension schemes. - ST
有些年长者为了能在9月1日后看病时享有更多津贴,而延迟接受治疗。对此,许连碹吁请建国一代千万不要这么做,以免病情恶化。 -联合早报
Hospitals have been training their front-line staff to handle queries relating to the changes. -ST
If one does not understand, it is difficult to feel reassured. -ST
This means finding the right language to relate to them, understanding their unique circumstances, and walking them through every step of the care system. -ST
The pioneer generation of Singaporeans toiled to create "something special and precious for all of us to enjoy". -ST

Business

Ms Lee Bee Wah took profiteering retailers to task for cashing in on the hike in liquor tax to inflate the price of a bottle of beer and on higher sugar prices to charge more for drinks. -ST
The aim is to encourage the industry to actively source granite from other countries in the wake of a supply disruption in Indonesia, Mr Khaw wrote in a blog posting. -ST
Singapore needs "a greater and broader sense of urgency" in its drive to lift productivity, said labour chief Lim Swee Say. -ST
It is ultimately up to businesses to become more productive, says Tharman. -MyPaper
As long as the economy remains vibrant, Singapore will not be a cheap place for doing business, said Mr Tharman. -ST
Based on MOF's assessment, if the additional duty is fully passed on to consumers, the price of a typical can of beer should increase by about 20 cents. -AsiaOne

Healthcare

有些年长者为了能在9月1日后看病时享有更多津贴,而延迟接受治疗。对此,许连碹吁请建国一代千万不要这么做,以免病情恶化。 -联合早报
The recent hospital bed crunch raises serious questions about patient safety and the adequacy of health-care infrastructure, said Workers' Party chief Low Thia Khiang. -ST
The Government intends to bear most of the initial cost of universal coverage, with permanent subsidies to be introduced for lower to middle income groups and an additional transitional subsidy for all. -ST
The pioneer package would help ease worries the older generation may have about being a burden to their children. -ST
A Budget highlight was the Pioneer Generation Package, which consists of lifelong health-care benefits for some 450,000 pioneers. -ST
Among those not insured by the national health insurance scheme, some were not covered as they had never worked before. Others may have opted out, MOH said. -ST

Tax changes

One was even found to have upped the price by $1.30. -ST
Operator denies profiteering on tax hike and says price may be adjusted. -ST
Kopitiam patron upset over additions to beer purchases. -TNP
Higher beer prices are not about to get these regular drinkers down. -SPH Razor
The price increase shows clearly some sort of profiteering. -Stomp
The good news is, it may be early days yet for clubs to start jacking up alcohol prices. -TNP

Economy

It'll also set up fund for special needs poly, ITE students. -BT
Chuan-Jin says S'pore must ensure that it continues to generate good jobs for its graduate job seekers. -BT
But some lament the lack of this mindset among young generation. -ST
The high costs of living and doing business are of such concern to Members of Parliament that two of them called for an official committee to look into cost competitiveness. -ST
The Government will continue to monitor the market and adjust measures "when necessary". -ST
"This is close to a balanced budget, and will not result in a draw on past reserves as we have sufficient surpluses from the last few years," said Finance Minister Tharman Shanmugaratnam. -BT

Read the full speech here

The finance minister sets out how the Pioneer Generation package will be funded here. -AsiaOne
Singapore will raise the duties for cigarettes, liquor, and betting. -AsiaOne
The second major plank of the Budget has to do with our work to achieve a fair and equitable society. -AsiaOne
The first major plank of the Budget is to deepen incentives for restructuring to enable innovation to pervade the economy. -AsiaOne
Achieving quality growth and an inclusive society go hand in hand. Budget 2014 will reinforce and build on these new directions. -AsiaOne
The global outlook for 2014 is uncertain. The advanced economies are gradually recovering, while the emerging economies are slowing. -AsiaOne
Experts respond to Budget 2014

Budget 2014: What you can look forward to

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Pre-Budget 2014 Conversation Closing Speech: SMS Amy Khor