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

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.

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.

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

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.

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

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.

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.

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.

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.
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