fortitude budget

Government agencies commit S$40m to National Innovation Challenges

ENTERPRISE Singapore (ESG), the Infocomm Media Development Authority (IMDA) and the National Research Foundation (NRF) have dedicated S$40 million in funding to National Innovation Challenges (...

Singapore government agencies commit S$40m to National Innovation Challenges

ENTERPRISE Singapore (ESG), the Infocomm Media Development Authority (IMDA) and the National Research Foundation (NRF) have dedicated S$40 million in funding to National Innovation Challenges (NICs).

Money FM podcast: A special interview with Minister Indranee Rajah

Indranee Rajah, Minister in the Prime Minister's Office & Second Minister for Finance and Education, gives us an analysis on the latest Fortitude Budget and how the nation can transform to...

EDBI and SEEDS Capital to dole out S$285m startup support

THE S$285 million Special Situation Fund for Startups (SSFS) will be administered by EDBI, the corporate investment arm of Economic Development Board, as well as Seeds Capital, the investment arm of...

Government committed to rebuilding reserves: Heng Swee Keat

THE Singapore government is committed to rebuilding the country's reserves, even though there is no legal or constitutional obligation to restore what it has drawn, Deputy Prime Minister and...

Secondment of construction workers to be reviewed

ORIGINAL plans for the secondment of construction workers will be reviewed, following feedback from companies, Second Minister for National Development Desmond Lee said in Parliament on Friday,...

Four Budgets may help avert 5 percentage point output loss

SINGAPORE'S four Budgets this year may help it avoid an annual average output loss of five percentage points or S$23.4 billion, over 2020 and 2021, Deputy Prime Minister and Finance Minister Heng...

Diversifying operations and talent pool helps medtech firm find new income streams amid Covid-19

EAGER to tap Singapore's growing reputation for healthcare innovation and to spread out risks amidst uncertainty elsewhere in the world, homegrown medtech firm Forefront Medical Technologies (FMT...

Economic transformation must speed up for Singapore's survival beyond Covid-19 crisis

DESPITE Singapore's best efforts to mitigate the impact of the Covid-19 pandemic, the number of unemployed residents here could rise from about 73,000 in 2019 to more than 100,000 in 2020, Deputy...

NTUC's Job Security Council has matched over 10,000 workers with jobs

THE labour movement's Job Security Council has matched more than 10,000 workers with jobs so far, said National Trades Union Congress (NTUC) secretary-general Ng Chee Meng on the first day of the...

Government, banks offer more relief to cash-strapped landlords

THE government may be mandating that commercial landlords help their tenants, but it will also assist landlords who face cash flow constraints as a result of providing relief to their tenants.