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Budget 2019
In print this week
Cautious Budget spending necessary for long-term planning: Heng Swee Keat
SINGAPORE (Mar 4): Singapore may have accumulated huge surpluses during the current term of government, but that does not indicate an upcoming spending spree. The surpluses will also not be used to stall an impending Goods and Services Tax hike due to hap
March 05, 2019
In print this week
What huge surpluses mean for Singapore's future
SINGAPORE (Mar 1): Singapore may have accumulated an estimated surplus of $15 billion during the current term of government, but this does not indicate an upcoming spending spree.
March 01, 2019
Budget 2019
Pioneer, Merdeka... Next, a Majulah Generation package?
SINGAPORE (Feb 22): Hot on the heels of a $9 billion Pioneer Generation package announced in Budget 2014, the $8 billion Merdeka Generation package is setting up expectations of similar packages for every generation of ageing Singaporeans.
February 22, 2019
In print this week
Generational packages heart-warming, but targeted aid still needed
SINGAPORE (Feb 25): The highlight of Budget 2019 is the much-anticipated $6.1 billion Merdeka Generation Package. It is targeted at about 500,000 Singaporeans born between 1950 and 1959 — mostly those who missed out on the country’s first generational
February 22, 2019
Budget 2019
Winners and losers from Singapore's budget as election looms
SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.
February 19, 2019
Budget 2019
$1.3 bil worth of initiatives launched to commemorate Singapore bicentennial
SINGAPORE (Feb 18): In commemoration of Singapore’s bicentennial this year, the Singapore government is introducing two special initiatives to "support the spirit of giving back” in the form of a $200 million Bicentennial Community Fund, as well a
February 18, 2019
Budget 2019
Government to set aside $6.1 billion for Merdeka Generation Fund
SINGAPORE (Feb 18): Singapore will set aside $6.1 billion for a new Merdeka Generation Fund to provide benefits for close to 500,000 Singaporeans born in the 1950s.
February 18, 2019
Budget 2019
Greater healthcare assurance; additional $3.1 bil set aside for healthcare subsidies and support
SINGAPORE (Feb 18): As more Singaporeans enter their senior years, healthcare needs to grow, according to finance minister Heng Swee Keat in his Budget 2019 speech.
February 18, 2019
Budget 2019
Lower-wage, older workers to receive greater support amid tighter labour market
SINGAPORE (Feb 18): Lower-wage and older Singaporean workers aged 55 and above will receive more support with the introduction of the Budget 2019 measures, announced Finance Minister Heng Swee Keat during his Singapore Budget speech today.
February 18, 2019
Budget 2019
Singapore unveils more support for local firms to grow
SINGAPORE (Feb 18): Finance Minister Heng Swee Keat in the Budget 2019 speech on Monday announced measures to support start-ups and enable firms to grow, amid a push to build deep enterprise capabilities.
February 18, 2019