

Covid-19 Solidarity Budget
Covid-19 Solidarity Budget

A Budget on steroids for a city on MC
The government unleashes a third supplementary Budget to deal with Covid-19 economic fallout, but experts warn of diminishing effectiveness
April 09, 2020
Covid-19 Solidarity Budget

What the stimulus means for banks
SINGAPORE (April 13): Concerns are emerging that the local banks may need to bear the burden of bad debts and non-performing loans, as they go all out to support the economy amid the Covid-19 outbr
April 09, 2020
Covid-19 Solidarity Budget

Which stocks will thrive as the government doles out more wage support?
SINGAPORE (Apr 7): The Singapore government is sparing no expense in protecting jobs, as the city-state heads for its first “circuit-breaker” in history.
April 07, 2020
Covid-19 Solidarity Budget

Foreign worker levy rebates provide some relief, but retrenchments expected to spike
SINGAPORE (Apr 7): Singapore’s construction, shipyard and healthcare companies could see some relief from foreign worker levy rebates announced Monday as part of the Solidarity Budget.
April 07, 2020
Covid-19 Solidarity Budget

Supermarkets and telcos stand to gain from Solidarity payment to Singaporeans
SINGAPORE (Apr 7): In the latest Solidarity Budget, finance minister Heng Swee Keat announced a one-off Solidarity payment of $600 will be given to all Singaporeans in April to help tide through th
April 07, 2020
Covid-19 Solidarity Budget

What about the landlords?
SINGAPORE (April 6): Covid-19 has really upset the apple cart. With the circuit breaker underway, many retailers including fast fashion, beauty salons, nail bars and spas have to close.
April 06, 2020
Covid-19 Solidarity Budget

Solidarity Budget will cushion extent of job losses, but might still not be enough
SINGAPORE (Apr 6): Singapore is rolling out an additional $5.1 billion in relief measures to cushion the blow of a month-long circuit breaker, which will see the suspension of all non-essential bus
April 06, 2020
Covid-19 Solidarity Budget

'Life saving' $5.1 billion package for 'unprecedented' times lauded
SINGAPORE (Apr 6): Market watchers and business associations have given their unanimous thumbs up to the $5.1 billion Solidarity Budget unveiled by deputy prime minister Heng Swee Keat earlier on A
April 06, 2020
Covid-19 Solidarity Budget

Government injects additional $5.1 bil in Covid-19 relief measures as month-long circuit breaker kicks in
SINGAPORE (Apr 6): Singapore is injecting another $5.1 billion in relief measures to help Singaporeans and local businesses tide through a month-long circuit breaker period that kicks in from April
April 06, 2020