Singapore looks beyond baby bonuses as fertility hits record low

Singapore’s Prime Minister Lawrence Wong has said his government will focus on making life better for families and rely less on incentives to encourage citizens to have more babies, as the city state grapples with a record-low fertility rate. Wong acknowledged the limits of government efforts to reverse falling birth rates, a challenge confronting countries around the world. “Think about it less as procreation incentive,” he said at a Singapore Press Club dialogue on Monday. “Think more about...

By Bloomberg