Budget 2019

Budget 2019

More benefits for local workforce from enterprise initiatives; services to undergo foreign worker quota cuts

SINGAPORE (Feb 18): Starting from April 1 2020, Singapore will require all transformation efforts supported by Enterprise Singapore’s Enterprise Development Grant to include positive outcomes for workers, such as wage increases.  

Budget 2019

Encouraging strong partnerships within Singapore and across the world

SINGAPORE (Feb 18): To support industry transformation, Budget 2019 will continue to support deep partnerships among companies within Singapore and across the world.

Budget 2019

Singapore to invest $15.5 bil in defence, security & diplomacy efforts

SINGAPORE (Feb 18): The Singapore government has committed to invest some $15.5 billion – which is equivalent to about 30% of its total expenditure this year – to support the city state’s defence, security and diplomacy efforts.

Budget 2019

Budget 2019: Towards a strong, united Singapore

SINGAPORE (Feb 18): Singapore’s Finance Minister Heng Swee Keat has started his delivery of Budget 2019 in Parliament.

Budget 2019

Singapore plans cautious budget ahead of election

SINGAPORE (Feb 18): Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in Monday’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year.

Budget 2019

80% of SMEs expect more incentives at Budget 2019 to help cope with business challenges: DBS poll

SINGAPORE (Feb 15): Some eight in 10 small and medium enterprises (SMEs) in Singapore are expecting the government to announce more incentives at Budget 2019 to help support business growth amid a challenging economic environment.

In print this week

Growing with support, not a crutch

SINGAPORE (Feb 11): National budgets support growth. In Singapore, much has been allocated to small and medium-size enterprises (SMEs), and all signs are pointing to even more to come in this year’s Budget as businesses struggle with the challenges of s

Budget 2019

UOB sees deficit of $1.2 bil in FY2019 Budget on moderating domestic economy

SINGAPORE (Jan 30): Singapore is expected to see a small and manageable deficit of $1.2 billion for its FY2019 Budget, which comes off the back of a moderating domestic economy, says UOB.

Singapore Budget

Singapore plans to focus on health, infrastructure in Budget 2019

(Jan 23): Singapore’s finance minister said next month’s budget will focus on infrastructure spending, health care for an aging population, and helping businesses transition to a digital economy.
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