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SINGAPORE: Singapore will post its biggest budget deficit since at least 1997, pledging S$6.4bil (US$4.6bil) in dedicated support for an economy being slammed by the (Covid-19) coronavirus outbreak. The deficit will widen to 2.1% of gross domestic product in the year through March 2021 from a projected 0.3% in the current fiscal year, Finance Minister Heng Swee Keat said Tuesday (Feb 18) in Parliament.
SINGAPORE: The following are some highlights from Singapore's budget proposals, which put emphasis on measures to tackle the impact of the Covid-19 coronavirus on jobs and living costs.
SINGAPORE: Singapore is set to deliver a strong budget this week to offset the damage to the economy from the Covid-19 (coronavirus) outbreak, with analysts predicting the biggest deficit in almost two decades.
FMM: Move necessary to minimise impact from coronavirus
KUALA LUMPUR: The Pakatan Harapan (PH) coalition has made significant strides in improving Malaysia's governance standards since taking office, which has helped to bolster the country's credit rating, Fitch Ratings says
FIRST of all, a very Happy New Year. By-elections are always an exciting affair in Malaysian politics, and like most Westminster-style democracies, they have often been used a barometer of support for the government of the day.
FROM Johan Jaafar
WHEN a worker is a recalcitrant, has little respect for bosses and refuses to do his or her job, who do you call?
YONG PENG: Pakatan Harapan should stop taxing the people more just to see an increase in the government's revenue, says Ayer Hitam MP Datuk Seri Dr Wee Ka Siong.