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Analysts expect the Finance Minister will avoid another draw on reserves, focusing on targeted spending, reskilling workers, and tapered support schemes
SINGAPORE: Singapore plans to dig deeper into government reserves for a new S$11bil (US$8.3bil) package to help households and businesses rebound from the Covid-19 pandemic and its worst economic contraction since independence.
Deputy Prime Minister Heng Swee Keat and Indonesia's Economic Affairs Minister Airlangga Hartarto recently has discussed ways to enhance economic cooperation to rebound from the coronavirus pandemic.
SINGAPORE: Singapore increased its cash payout to individuals and announced additional steps to save jobs as the city-state prepares to severely curtail activities to contain a spike in coronavirus cases
SINGAPORE (Xinhua): Singapore will remain committed to the free flow of goods, services, capital, data, ideas and talent, said Deputy Prime Minister and Finance Minister Heng Swee Keat has announced.
SINGAPORE (The Straits Times/ANN): A new "start-up" approach adopted by public agencies and the private sector working together on initiatives to drive economic growth may soon become the norm, with the Government keen on making this new agile way of collaboration more widespread.
SINGAPORE (The Straits Times/ANN): German microchip maker Infineon Technologies will spend S$27 million over the next three years to make Singapore its first global hub to see artificial intelligence (AI) embedded in every job function.
Singapore can still do more to promote the Chinese language and culture, said Education Minister Heng Swee Keat.
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.