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Forum: Explore targeted enhancements of CDC voucher scheme

Forum: Explore targeted enhancements of CDC voucher scheme

Straits Times6 days ago
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I refer to the letter '
Should CDC vouchers be used on non-essential items? ' (July 11). The writer pointed out the uneven reach of the CDC voucher scheme, with some businesses remaining outside the reach of current support measures.
The scheme is now limited to essential spending at supermarkets and designated HDB heartland merchants and hawkers. While this remains important, it may not reflect the broader and changing spending habits of consumers.
Expanding the scheme's eligibility or introducing targeted enhancements could better support Singapore's evolving economic and community landscape. For example, some community favourites like pasar malams – an integral part of heartland culture – are excluded. Many independent food and beverage (F&B) establishments, particularly those located outside the HDB heartland, continue to face rising costs yet remain ineligible.
To address this gap, one enhancement could be a dedicated initiative for F&B businesses, aimed at stimulating demand and support for this vital sector.
As more businesses adopt e-commerce, voucher eligibility could also be extended to selected online platforms, ensuring that assistance can reach businesses regardless of their physical location while still maintaining appropriate safeguards.
To ensure responsible use of the vouchers, a verification framework could be introduced – requiring small businesses to submit documentation such as their Acra annual return filings, valid business registration, and tax compliance documents – ensuring that support reaches genuine enterprises while maintaining transparency.
CDC vouchers have been instrumental in easing the financial burden of Singaporeans while supporting local merchants. As we celebrate SG60, it is timely to explore enhancements to make the CDC voucher scheme more inclusive and aligned with the needs of every Singaporean.
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