Government

Budget 2020: New SkillsFuture Mid-Career Support Package for workers in 40s and 50s

THE government is introducing a SkillsFuture Mid-Career Support Package for locals in their 40s and 50s to help them stay employable, Deputy Prime Minister and Finance Minister Heng Swee Keat said in...

Budget 2020: New SkillsFuture Enterprise Credit to defray 90% of training, job redesign costs

TO encourage Singapore employers to embark on the transformation of their workforce and enterprise, the government will introduce a new SkillsFuture Enterprise Credit.

Budget 2020: S$500 top-up for SkillsFuture Credit, expires by 2025

All Singaporeans aged 25 and above will get a one-off SkillsFuture Credit top-up of S$500 from October this year, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget...

Budget 2020: Training, mentorship for 900 SME leaders over next 3 years

UNDER a new programme, business leaders of Singapore’s promising small and medium-sized enterprises (SMEs) will get a boost in driving their business transformation.

Budget 2020: Enterprise Grow Package to help companies digitalise and enter new markets

A new Enterprise Grow Package will support companies looking to grow and enter new markets, Deputy Prime Minister and Finance Minister Heng Swee Keat said on Tuesday.

Budget 2020: Deep-tech startups to get more support under Startup SG Equity

TO catalyse investment into deep-tech startups, the Singapore government will set aside an additional S$300 million under the Startup SG Equity co-investment scheme, Deputy Prime Minister and...

Budget 2020: Enterprise Singapore launches 2 programmes to support trade and merchant associations

THE Singapore government is launching two programmes to raise the capabilities of trade associations and chambers (TAC) in a bid to strengthen industry partnerships, Deputy Prime Minister and...

Budget 2020: Corporates to enjoy 25% income tax rebate, enhanced tax treatments

The government will grant a corporate income tax rebate at a rate of 25 per cent of tax payable with a cap of S$15,000 for the year of assessement (YA) 2020, alongside an enhancement of several...

Budget 2020: S$6b package to cushion impact of upcoming GST increase

WHEN the government raises the goods and services tax (GST), it will provide a S$6 billion package to cushion the increase for Singaporeans, Deputy Prime Minister and Finance Minister Heng Swee...

Budget 2020: No GST hike in 2021, but increase will take place by 2025

THE Singapore government will not be raising the Goods and Services Tax (GST) in 2021, but will defer the increase to some time between 2022 and 2025 instead, Deputy Prime Minister and Finance...