Heng Swee Keat

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

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

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


Economists stay cautious even as Singapore readies to unveil another round of relief measures in Solidarity Budget

SINGAPORE (Apr 5): Businesses and households can look forward to another slate of relief measures that will be “over and above” the $55 billion already doled out to help Singapore weather the Covid

Covid-19 Resilience Budget

$48.4 bil relief budget to protect jobs and livelihoods but 'cannot prevent an economic recession,' says DPM Heng

SINGAPORE (Mar 27): Deputy Prime Minister and Finance Minister Heng Swee Keat says the government's $48.4 billion secondary package "cannot prevent an economic recession".

Covid-19 Resilience Budget

Singapore to co-fund 75% of tourism sector wages, sets aside $90 mil to boost rebound

SINGAPORE (Mar 26): Singapore is putting in place measures to help workers and businesses in the tourism industry, which have been ravaged by a ban on international visitors amid efforts to curb th

Covid-19 Resilience Budget

SIA to be rescued via Temasek-backed 'corporate action': DPM Heng

SINGAPORE (March 26): Singapore Airlines will undertake a “corporate action” to weather through the turbulent aviation sector, which has been severely hit by the novel coronavirus (Covid-19) pandem

Covid-19 Resilience Budget

Singapore to spend $15.1 bil to support local workers, retain jobs

SINGAPORE (Mar 26): More help will be given to companies and employees feeling the weight of Covid-19 as the government introduces more measures to save jobs, support workers and protect livelihood

Covid-19 Resilience Budget

Government unveils 3 C's to offer additional help to businesses combat Covid-19 downturn

SINGAPORE (Mar 26): The Singapore government is dedicating some additional $48 billion under its resilient budget to help Singaporeans tide through the negative effects from the Covid-19 outbreak.

Singapore economy

DPM Heng warns against 'excessive expectations' as Singapore awaits Resilience Budget to save virus-hit economy

SINGAPORE (Mar 26): The bigger the crisis, the higher the expectations of a government-led bailout.

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