Owners of non-residential property will soon be required by law to pass on property tax rebates to their tenants, the Ministry of Finance said.
Homeowners will soon be able to apply to their banks to defer repayments of property loans until 31 December this year, as part of the measures unveiled by the Monetary Authority of Singapore (MAS).
Singapore’s central bank said local lenders will help clients with good credit history meet their loan obligations and access financing during the virus-induced economic downturn, while ensuring banks have low-cost funding.
As companies navigate this rapidly developing crisis, ensuring business continuity and saving jobs to secure the talent when the window of recovery opens will be important.
Desperate times call for desperate measures. With the unprecedented health and economic havoc being wrecked by COVID-19, the Singapore government has launched a record-breaking relief package in response. The $48 billion (yes, with a ‘b’) Resilience Budget aims to do three things: support workers, stabilise […]The post What Singapore’s Resilience Budget Means For You appeared first on SingSaver Blog - We Compare, You Save.
SINGAPORE — Singapore is inevitably entering into recession due to the severe impact of the coronavirus pandemic, economists said.
With Covid-19 ravaging Singapore's economy, the Government has announced a Resilience Budget to assist people and businesses. We take a look at companies that stand to benefit from this generous package.The post 15 Companies That Will Benefit from the Covid-19 Resilience Budget appeared first on The Smart Investor.
SINGAPORE — The Government will enhance its Care and Support Package, resulting in all adult Singaporeans receiving a cash payout of between $300 and $900.
SINGAPORE — The President and all political office holders will be taking a total pay cut of three months.
SINGAPORE — Low and middle-income workers who lose their jobs amid the COVID-19 pandemic will receive an $800 monthly grant for three months to help tide them over as they find new work or seek training.
SINGAPORE - Low and middle-income employees who lose their jobs due to COVID-19 can get an $800 grant per month for three months.
SINGAPORE — DPM Heng Swee Keat on Thursday (26 March) announced a raft of measures to further cushion workers from the impact of COVID-19.
SINGAPORE — For only the second time in over a decade, in-principle approval has been given for the government to draw on past reserves, in order to fund a stimulus package that will address the economic fallout from the COVID-19 pandemic.
SINGAPORE — The Singapore government has allocated $55 billion - 11 per cent of the nation’s gross domestic product - to combat the COVID-19 pandemic.
The Green Towns programme will see HDB estates incorporate various green features, including heat-reflecting paint, solar panels, LED lights, green canopy and rainwater recycling.
SINGAPORE — From 1 April, Singaporeans aged 65 and above will have free access to all ActiveSG swimming pools and gyms.
SINGAPORE — The Singapore government has announced several measures targeted at making roads safer and public transport systems for inclusive for the country’s vulnerable pedestrians and commuters.
SINGAPORE — The government will ensure that there is enough charging infrastructure accessible to electric vehicle (EV) owners, in support of the “ambitious undertaking” for all vehicles in Singapore to run on cleaner energy by 2040, said Senior Minister of State (SMS) for Transport Janil Puthucheary on Wednesday (5 March).
SINGAPORE — The Land Transport Authority will launch a one-year pilot for priority cabins for vulnerable commuters on the North East Line trains at the end of this year.
SINGAPORE — More than $60 billion will be invested over the next decade to expand and renew Singapore’s rail network, said Transport Minister in Parliament on Wednesday (5 March).
The HDB Green Towns programme will focus on recycling rainwater, reducing energy consumption and cooling HDB towns.
SINGAPORE — The Land Transport Authority will accelerate the building of cycling path networks across Singapore over the next 10 years, under a new Islandwide Cycling Network programme.
NEA revealed that over 300,000 households living in one-, two- and three-room HDB flats will qualify for the voucher.
Singapore's transport minister has warned a coronavirus outbreak could cause delays to construction of multi-billion-dollar projects in the wealthy Asian city-state, such as a fifth terminal at Changi airport and the port of Tuas. "For now, the delay to project timelines is still manageable," Khaw Boon Wan told parliament on Thursday, the Straits Times newspaper said. "But if the outbreak drags on, it could disrupt the supply of construction equipment and materials."