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.

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 s

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 -- cos

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 fo

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 Bu

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 tha

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 $

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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