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SINGAPORE: With Singapore expected to announce a rare budget deficit as it responds to coronavirus-related concerns, financial markets are likely to be more lenient on other countries in the region veering away from fiscal targets, according to Malaysia’s deputy trade minister.
Singapore: Singapore is set to deliver a strong budget this week to offset the damage to the economy from Covid-19, with analysts predicting the biggest deficit in almost two decades.
SINGAPORE: Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in today’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year.
IN THE upcoming Singapore Budget 2019, more help could be given to SMEs to access policy assistance schemes as well as to support firms venturing into the Asean region, according a report from DBS.
DBS Group Holdings Ltd returned almost 84% of its profit last year to shareholders, the most since 2005.
SINGAPORE: Singapore presented a bigger budget for the coming year, providing support for the struggling sectors, but keeping a surplus in case global economic conditions worsen and put the city-state’s growth at risk.
SINGAPORE: Singapore said it will adopt an expansionary fiscal policy to boost growth, pledging support for companies that are facing labour constraints and an uneven global recovery.