Budget 2020 round-up - here are some highlights from today’s speech: 1. Expected overall budget deficit of S$10.9b; no d…

Budget 2020 round-up - here are some highlights from today’s speech:

1. Expected overall budget deficit of S$10.9b; no draw on past reserves for FY2020
http://bit.ly/39PS64N

2. Singapore should preserve fiscal buffers to bounce back 'if tide turns against us'
http://bit.ly/2uNgK7g

3. Government to pump S$6.4b into virus support measures
http://bit.ly/2P5OjrV

4. S$2.4b to help firms defray wage costs
http://bit.ly/39DPhDA

5. No GST hike in 2021, but increase will take place by 2025
http://bit.ly/39I3ZJH

6. Corporates to enjoy 25% income tax rebate, enhanced tax treatments
http://bit.ly/2wsf83a

7. More help for 5 sectors directly hit by Covid-19
http://bit.ly/2P4M3Br

8. S Pass sub-DRC tightened for construction, marine shipyard and process sectors
http://bit.ly/2UX0zPk

9. Enterprise Singapore launches 2 programmes to support trade and merchant associations
http://bit.ly/2V34w4U

10. Training, mentorship for 900 SME leaders over next 3 years
http://bit.ly/3bNatc6