Nominated MPs suggested lowering the fixed component of a minister's salary and proposed longer-term goals for ministerial bonuses.

The new salaries will take effect from Oct 15 this year.

First pay update since 2012 aims to ensure political salaries do not ‘fall further behind’ market rates, the prime minister says.

Singapore's government will significantly increase ministerial salaries, aiming to attract top talent. Junior ministers could earn up to S$1.8 million annually, while the prime…