budget 2019

Forward-looking Budget for the long term

From doing away with streaming in schools to having more schemes that support young companies, this year's Budget came up with a range of new policies and initiatives that will keep Singapore...

Singaporeans polled generally supportive of Budget 2019 measures: Reach

SINGAPORE - More than 80 per cent of Singaporeans polled about this year's Budget supported the Merdeka Generation Package.

Helping SMEs' long-term growth

SMALL and medium enterprises (SMEs) seeking short-term measures to relieve upward cost pressures or labour market challenges might have come away disappointed from the Budget 2019 announcement. While...

President Halimah Yacob signs off on Budget

This year's Budget is "forward looking and inclusive" and is aimed at taking Singapore into the next phase of nation building, said President Halimah Yacob yesterday, as she gave her approval to...

Budget with bang for every buck: From a streaming sea change to shoring up security

Amid the flurry of new policies and initiatives that accompany the Budget debate every year, the boldest this time around was by Education Minister Ong Ye Kung.

Singapore firms must team up to expand abroad, says Heng Swee Keat

Singapore companies seeking to break into foreign markets must team up instead of treating one another as rivals, Finance Minister Heng Swee Keat said yesterday.

Impact of diesel tax hike, foreign labour leads debate

THE impact of the diesel tax hike and the tightening of foreign manpower quotas on businesses, and issues of long-term fiscal sustainability dominated the second day of the Budget debate in...

Parliament: MP Cheryl Chan urges Govt to consider wealth and inheritance taxes on super-rich individuals

Wealth and inheritance taxes on ultra-high net worth individuals could be considered as a possible option for Singapore's tax system in the future, she said.

Firms that do not change will hit 'dead end': Heng Swee Keat

COMPANIES must persist in transforming their business operations through technology, and upgrading workers at the same time, to cope with changes, said Finance Minister Heng Swee Keat on Monday.

Forging tomorrow's new global enterprise

UNCERTAINTY in the global economy continues to amplify as ongoing trade conflicts and technology disruptions upend global supply chains. Given such uncertainty, Budget 2019 is forward-looking as...

Building for the future - from the ground up

SINGAPORE got the expansionary Budget it needed with big-ticket items aimed at driving domestic spending in areas like social services, health and infrastructure.