SINGAPORE — NMP and economist Walter Theseira noted that efforts at containing the spread of COVID-19 depend on lower-paid Singaporeans.
Five years after the launch of SkillsFuture, more than half a million people have used their SkillsFuture credits to pick up new skills and develop new interests.
Due to the ongoing COVID-19 outbreak, travel providers like airlines and hotels have been offering waivers of change or cancellation fees for travel to affected areas. If you have upcoming travel plans, it’s good to keep abreast of the latest developments, so you know your […]The post COVID-19: Airline
While nearer-term relief to help industries weather the impact of the COVID-19 outbreak and the downturn was a key Budget 2020 focus, it also contained measures that will provide longer-term boosts, including for industrial properties.
Businesses leaders in Singapore said that enterprises outside the travel and tourism-related industries also need help as fallout from COVID-19 spreads to the broader economy.
OCBC Bank’s Head of Treasury Research and Strategy Selena Ling shares her thoughts on Budget 2020 unveiled by DPM and Finance Minister Heng Swee Keat.
The recently-announced Budget 2020 is set to ease the pressure on hospitality REITs that have been badly hit by Covid-19.The post Singapore Hospitality REITs Stand to Benefit from Budget 2020 appeared first on The Smart Investor.
There are many schemes introduced or enhanced under the Budget's Transformation and Growth package that could empower companies to grow.
With global competition and technological advancements, industries and jobs continue to evolve. To stay competitive and relevant in these times, Singaporeans see value in continuously reskilling and upskilling. Beyond pre-employment education, support also has to be provided to those who are already
Singapore retailers at CapitaLand malls to enjoy additional support on top of Budget 2020 measures CapitaLand is offering additional support, including rental relief, for its Singapore retail partners affected by COVID-19. These measures will be on top of Budget 2020 measures unveiled yesterday, as well
One of the key themes of this year’s Budget 2020 announcement by Finance Minister Heng Swee Keat is the COVID-19 coronavirus outbreak in Singapore. It came at an unfortunate time, as an economic downturn was long forecasted before the medical emergency hit us. According to Mr Heng, Singapore’s economic
While grateful for the Budget measures aimed at cushioning the impact of the COVID-19 outbreak, some in the beleaguered tourism-related sector fear that even more government support might be needed if the downturn is prolonged.
The much-anticipated Budget 2020 was delivered in Parliament yesterday. Here's what investors should know about it that may benefit specific companies and industries.The post Budget 2020: These Companies And Industries Will Likely Benefit appeared first on The Smart Investor.
Singapore’s Deputy Prime Minister Heng Swee Keat said monetary and fiscal policy are working together to support the economy, and the exchange rate band has sufficient room for the currency to move.
Singapore’s currency may tumble to 2017 lows if the central bank responds as strongly to the spread of the coronavirus as it did to the SARS epidemic two decades ago.
Singapore’s most-expansionary budget in more than two decades has not totally quashed the stock market’s concerns around the coronavirus outbreak.
HDB will also roll out a new Green Towns Programme to recycle rainwater, reduce energy consumption and cool the towns.
The Singapore Budget is the country’s fiscal plan for the current financial year that is planned with Singapore’s current and future needs in mind. This article will provide you with live updates on the key announcements made during SG Budget 2020. Similar to the budget […]The post Singapore Budget
Support measures announced during the Singapore Budget 2020 exceeded even the most optimistic predictions. In an unprecedented move, Finance Minister Heng Swee Keat announced the launch of not one, but two special support packages totalling $5.6 billion. Designed to benefit Singaporean companies, workers
Businesses, workers and households would have been cheered by the more than S$5 billion set aside in this year’s budget to support them amid a virus outbreak that prompted the government to slash its 2020 GDP growth forecast.
Singapore pledged billions of dollars in its budget to counter the economic fallout from the coronavirus outbreak, before elections due by next year.
The overall deficit will be S$10.9 billion Finance Minister Heng Swee Keat said in his budget speech, a sharp jump from S$1.7 billion last year.
A health crisis is never the greatest way to kickstart a new year. Even as Singapore grapples with the economic symptoms of the Coronavirus outbreak (COVID-19), Prime Minister Lee Hsien Loong shared in the budget announcement that it’s impacted us harder than the SARS epidemic […]The post Singapore Budget
Singapore will post its biggest budget deficit since at least 1997, pledging S$6.4 billion in dedicated support for an economy being slammed by the coronavirus outbreak.
SINGAPORE — The Government will provide more help for students from lower-income families and increase the share of government supported pre-school places.