Singapore’s carbon tax has nearly doubled, jumping from $25 to $45 per tonne, and that change is starting to show up where it matters most: household utility bills. The average four-room HDB flat could soon pay more each month, even if falling energy prices are offering short-term relief.

With rebates in place for now but bigger hikes ahead, what does this really mean for your wallet, and are Singaporeans ready for the long-term impact?

On The Big Story, Hongbin Jeong speaks to Dr Chua Yeow Hwee, Assistant Professor in Economics at the Nanyang Technological University, and Honorary Secretary of the Economics Society of Singapore, to find out more.

Singapore&rsquo;s carbon tax has nearly doubled, jumping from $25 to $45 per tonne, and that change is starting to show up where it matters most: household utility bills. The average four-room HDB flat could soon pay more each month, even if falling energy prices are offering short-term relief. With rebates in place for now but bigger hikes ahead, what does this really mean for your wallet, and are Singaporeans ready for the long-term impact?
On The Big Story, Hongbin Jeong speaks to Dr Chua Yeow Hwee, Assistant Professor in Economics at the Nanyang Technological University, and Honorary Secretary of the Economics Society of Singapore, to find out more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

The Big Story: Carbon tax doubles - Is your electricity bill about to go up… again?

On Money Matters' Budget 2026 Conversation, Hongbin Jeong and Chua Tian Tian speak to Harvey Koenig, Partner, Co-Head of BEPS COE, KPMG, Eugene Tan, Associate Professor of Law, Singapore Management University and former Nominated Member of Parliament, and Dr Clara Lee, Research Fellow at the Institute of Policy Studies Social Lab, National University of Singapore, for their final thoughts on this year's Budget announcement, the hits and misses, and what to expect in the next couple of months as the Budget measures are being implement. 

On Money Matters' Budget 2026 Conversation, Hongbin Jeong and Chua Tian Tian speak to Harvey Koenig, Partner, Co-Head of BEPS COE, KPMG, Eugene Tan, Associate Professor of Law, Singapore Management University and former Nominated Member of Parliament, and Dr Clara Lee, Research Fellow at the Institute of Policy Studies Social Lab, National University of Singapore,&nbsp;for their final thoughts on this year's Budget announcement, the hits and misses, and what to expect in the next couple of months as the Budget measures are being implement.&nbsp;

Budget 2026: What were some of the hits and misses of this year's Budget? 

Harnessing the power of artificial intelligence to overcome structural constraints and turning AI adoption into a strategic advantage for the country.

That’s the goal for Singapore in Budget 2026 plans laid out by Prime Minister and Minister for Finance Lawrence Wong. 

On Money Matters' Budget 2026 Conversation, Hongbin Jeong and Chua Tian Tian looked at Singapore's plans to realise its AI ambitions with Harvey Koenig, Partner, Co-Head of BEPS COE, KPMG, Eugene Tan, Associate Professor of Law, Singapore Management University and former Nominated Member of Parliament, and Dr Clara Lee, Research Fellow at the Institute of Policy Studies Social Lab, National University of Singapore.

Among the measures discussed - a new set of national AI Missions targeted at driving AI transformation in key sectors of the economy, and a new National AI Council to be chaired by PM Wong to drive coordinated efforts.

Harnessing the power of artificial intelligence to overcome structural constraints and turning AI adoption into a strategic advantage for the country.
That&rsquo;s the goal for Singapore in Budget 2026 plans laid out by Prime Minister and Minister for Finance Lawrence Wong.&nbsp;
On Money Matters' Budget 2026 Conversation, Hongbin Jeong and Chua Tian Tian looked at Singapore's plans to realise its AI ambitions with Harvey Koenig, Partner, Co-Head of BEPS COE, KPMG, Eugene Tan, Associate Professor of Law, Singapore Management University and former Nominated Member of Parliament, and Dr Clara Lee, Research Fellow at the Institute of Policy Studies Social Lab, National University of Singapore.
Among the measures discussed - a new set of national AI Missions targeted at driving AI transformation in key sectors of the economy, and a new National AI Council to be chaired by PM Wong to drive coordinated efforts.

Budget 2026: How is Singapore looking to harness the power of AI as a strategic advantage? 

A major theme of Budget 2026 was to support businesses negotiating a changing global operating environment, where economic flows are becoming more selective, partnerships are being more strategic, and where resilience now matters as much as efficiency. 

On Money Matters' Budget 2026 Conversation, Hongbin Jeong and Chua Tian Tian unpacked the suite of measures aimed at helping businesses capture growth opportunities and mitigate short-term challenges with Harvey Koenig, Partner, Co-Head of BEPS COE, KPMG, Eugene Tan, Associate Professor of Law, Singapore Management University and former Nominated Member of Parliament, and Dr Clara Lee, Research Fellow at the Institute of Policy Studies Social Lab, National University of Singapore.

These measures ranged from tax rebates and deductions to the enhanced Market Readiness Assistance grant to help companies internationalise. 

The team also dived into the expansion of the Startup SG Equity scheme along with the launch of the second $1.5 billion tranche of the Anchor Fund to attract and anchor high quality public listings in Singapore.

A major theme of Budget 2026 was to support businesses negotiating a changing global operating environment, where economic flows are becoming more selective, partnerships are being more strategic, and where resilience now matters as much as efficiency.&nbsp;
On Money Matters' Budget 2026 Conversation, Hongbin Jeong and Chua Tian Tian unpacked the suite of measures aimed at helping businesses capture growth opportunities and mitigate short-term challenges with Harvey Koenig, Partner, Co-Head of BEPS COE, KPMG, Eugene Tan, Associate Professor of Law, Singapore Management University and former Nominated Member of Parliament, and Dr Clara Lee, Research Fellow at the Institute of Policy Studies Social Lab, National University of Singapore.
These measures ranged from tax rebates and deductions to the enhanced Market Readiness Assistance grant to help companies internationalise.&nbsp;
The team also dived into the expansion of the Startup SG Equity scheme along with the launch of the second $1.5 billion tranche of the Anchor Fund to attract and anchor high quality public listings in Singapore.

The Big Story: Carbon tax doubles - Is your electricity bill about to go up… again?

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