Budget 2020

Relief measures offer respite but banks can do more: SMEs

SMALL and medium-sized enterprises (SMEs) are now weighing the cost of taking up loans or deferring existing payments as they add to future obligations, even as they get some breathing room to...

Relief measures for retail sector do not address structural issues

RELIEF measures for retailers from the government and landlords are very thoughtful, but do not address the structural issues of e-commerce, high occupancy costs and manpower shortage that...

Budget provides slight reprieve but virus fears linger

LAST Friday, Singapore's Straits Times Index fell 17.65 points or 0.55 per cent to close at 3,181.03. On the week, the blue-chip index slipped 39 points or 1.2 per cent from 3,220.03.

Changi Airport tenants get 50% rental rebate for six months

RETAIL, food & beverage (F&B) and service tenants at Changi Airport will be granted a 50 per cent rebate on monthly basic rent for six months as they grapple with weaker travel and...

Corporates should embrace Budget's farsightedness

AS Budget 2020 approached, it became increasingly clear that its key theme was going to be about cushioning the economy from the impact of Covid-19. So, for people who spend their time watching...

Singapore doubles down on tighter foreign worker quotas

AFTER foreign labour caps in the services sector were tightened in last year's Budget, the same fate has now befallen the construction, marine and shipyard and process industries.

Private investors eye S$300m additional ammo to fund startups

Deduction Scheme to lapse: Under the scheme, an approved angel investor was granted 50 per cent tax deduction on the cost of investment

Tenants stand to benefit from 15% property tax rebates

IN a bid to alleviate Covid-19's impact on businesses, landlords of private commercial properties are looking to pass on savings from the 15 per cent property tax rebate, which was part of the...

Care and Support Package worth S$1.6b to help households

AN S$1.6 billion Care and Support Package was unveiled to help Singaporeans with their household expenses in the light of the economic slowdown and uncertainties of the Covid-19 outbreak, said...

Budget 2020: Cost of living package, tax rebates, rental waivers among Covid-19 measures, says Heng

FAMILIES will get help with daily expenses and firms can look forward to tax rebates in the Budget on Tuesday as the nation deals with the economic fallout from the coronavirus outbreak.

Budget for uncertain future on the cards: UOB

The Budget this year is expected to be an expansionary one, addressing issues such as rising needs in healthcare and education while steering Singapore through a global landscape fraught with...