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The Business Times

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South-east Asia's leading financial news site.

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Пости за 26 Бер 2020

14 публікацій

March 27 morning round-up: 1. Singapore Airlines seeks S$8.8b in rights issue of shares and bonds 2. Resilience Budget: S$48.4b more to fight pandemic, with up to S$17b from reserves 3. Commentary: Resilience Budget will…

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Resilience Budget round-up - here are some highlights from today’s speech: 1. S$20 billion allocation for loan capital to support companies bit.ly/3alAqi2 2. PM, ministers to take three month pay cut in solidarity with S…

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March 26 evening round-up: 1. S$48.4b Resilience Budget for Singapore to tackle Covid-19 crisis bit.ly/2UFZ7z5 2. SIA considering corporate action with Temasek's support bit.ly/2vMuAHg 3. MAS to hold auctions for USD fro…

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Singapore's overall budget deficit grows almost four-fold to S$39.2b ‘We are able to support this unprecedented deficit and still remain fiscally sustainable because we have been disciplined in the use of past reserves,…

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Govt may propose further draws on reserves amid Covid-19 storm President Halimah Yacob had given in-principle support for the government to draw up to S$17 billion from past reserves to fund part of the Resilience Budget…

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Income tax payments for companies and self-employed deferred for 3 months For self-employed persons, the payment cycle for personal income tax for YA2020 generally starts in 2020. Income tax payments due in May, June and…

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No property tax for landlords hit by coronavirus, others to get 30% rebate Those exempt from property tax include hotels, service apartments, tourist attractions, shops and restaurants. Businesses that qualify for the 30…

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S$3b allocated for cash distribution to all families amid pandemic Under the enhanced package, the cash payout for all adult Singaporeans will be tripled to a range of S$300 to S$900, from the previous range of S$100 to…

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Aim to create 10,000 jobs in public and private sector over the year ‘We will recruit for long-term roles in the public service and sectoral partner institutions, in areas such as social services, early childhood educati…

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S$15.1b Jobs Support Scheme to help companies Firms in the food services sector will receive more support - at 50 per cent of wages. Firms in the aviation and tourism sectors, which are the most badly affected sectors, w…

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Resilience Budget: S$48.4b in support measures; govt may draw up to S$17b from reserves The Resilience Budget focuses on three key areas: saving jobs, supporting workers and protecting livelihoods; helping enterprises ov…

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We’ll be live tweeting the speech from 3.30pm. Follow us at businesstimes.com.sg or twitter.com/BusinessTimes for all the latest developments. We'll be posting updates here as well.

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INFOGRAPHIC: Will the Supplementary Budget 2020 top the S$20.5 billion Resilience Package in Budget 2009? bit.ly/2UkqeAP

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Singapore's official growth forecast for 2020 has sunk into negative territory: between -4 and -1 per cent. The revised forecast comes as the economy contracted 2.2 per cent year-on-year in the first quarter of 2020.

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