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Budget 2019

Budget 2019

As companies brace for tougher 2020, targeted help to raise competitiveness will take 'centrestage'

SINGAPORE (Feb 7): Thanks to a global upswing, semiconductor manufacturer DenseLight enjoyed 48% growth in revenue last year. Besides the favourable market conditions, the company’s chief executive Rajan Rajgopal is appreciative of the various governmen

Budget 2019

Time for review of cooling measures?

SINGAPORE (Feb 7): Nearly two years after the July 2018 round of property cooling measures, the private residential prices have stabilised, loan growth held steady, and excessive speculative heat snuffed. The woes of asset bubbles -- suffered by home buye

Budget 2019

An airport REIT to finance Changi expansion?

SINGAPORE (Mar 6): Maybank Kim Eng Research says setting up an Airport REIT could be another way of financing Changi Airport’s expansion -- which includes a new Terminal 5 and a third runway -- costing “tens of billions of dollars”.

Budget 2019

Pioneer, Merdeka... Next, a Majulah Generation package?

SINGAPORE (Feb 22): Hot on the heels of a $9 billion Pioneer Generation package announced in Budget 2014, the $8 billion Merdeka Generation package is setting up expectations of similar packages for every generation of ageing Singaporeans.

Budget 2019

How to avoid higher business costs from GST

SINGAPORE (Feb 22): While the Goods and Services Tax took a back seat in this year’s Budget, apart from adjustments to the GST import reliefs for travellers, businesses were looking forward to a Budget boost that would make it easier for them to navigat

Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.

Budget 2019

$1.3 bil worth of initiatives launched to commemorate Singapore bicentennial

SINGAPORE (Feb 18): In commemoration of Singapore’s bicentennial this year, the Singapore government is introducing two special initiatives to "support the spirit of giving back” in the form of a $200 million Bicentennial Community Fund, as well a

Budget 2019

Government to set aside $6.1 billion for Merdeka Generation Fund

SINGAPORE (Feb 18): Singapore will set aside $6.1 billion for a new Merdeka Generation Fund to provide benefits for close to 500,000 Singaporeans born in the 1950s.

Budget 2019

Greater healthcare assurance; additional $3.1 bil set aside for healthcare subsidies and support

SINGAPORE (Feb 18): As more Singaporeans enter their senior years, healthcare needs to grow, according to finance minister Heng Swee Keat in his Budget 2019 speech.

Budget 2019

$19 bil for Research, Innovation, and Enterprise 2020 plan; More funding for talented students to intern abroad

SINGAPORE (Feb 18): Singapore will continue to build on its position as a Global-Asia node of technology, innovation and enterprise.
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