Thursday, June 4, 2020
Singapore secured about S$13 billion in investment commitments in first 4 months of 2020 amid COVID-19 outbreak Despite the COVID-19 outbreak, Singapore’s Economic Development Board (EDB) has in the first four months of this year secured about S$13 billion in investment commitments for the “next few years”, Trade and Industry...
Some property and migration consultants are seeing a rise in inquiries about Singapore as turmoil grips Hong Kong. Interested Hongkongers are attending webinars amid the coronavirus pandemic to learn more about living, working and investing in the city state Singapore tends to attract high net worth individuals,...
More than S$500 million of Singapore’s Fortitude Budget will be allocated to supporting the digital transformation of businesses and SMEs, including support for e-payments, adopting digital solutions, and deepening digital capabilities, announced Deputy Prime Minister Heng Swee Keat on 26 May. “Those who are willing to transform will not be...
Under the Self-Employed Person Income Relief Scheme (SIRS), the Singaporean Ministry of Manpower (MoM) and the National Trades Union Congress (NTUC) have made a joint statement regarding the allocation of S$360 million that is being paid out to eligible self-employed workers who are suffering from the effects of COVID-19....
By 2 June, Singapore’s circuit breaker period will come to an end. The circuit breaker, which began in early April, was implemented as a measure to combat the effects and spread of COVID-19 which had struck the city state particularly hard during that time.  As the nation enters Phase...
Businesses in Singapore will get more help with labour and rental costs under the S$33 billion Fortitude Budget announced by Deputy Prime Minister Heng Swee Keat in Parliament on Tuesday. To help businesses retain workers, the Government will extend wage subsidies under the Jobs Support Scheme (JSS)...
SINGAPORE – Tuesday, 26 May 2020: Singapore's Finance Minister Heng Swee Keat unveiled a new raft of stimulus measures worth S$33 billion (US$23.2 billion) on Tuesday, bringing the total amount of stimulus to S$100 billion in 2020. The Fortitude Budget, as these measures are known, are focused on saving as...
As Singapore deals with the prospect of an extended recession, slated to be one of the worst among its Asian counterparts, boards and companies are also in the midst of planning ahead for the economic aftermath. Russell Reynolds Associates, a global leadership advisory and search firm, in collaboration with...
The Infocomm Media Development Authority (IMDA) and Enterprise Singapore (ESG) today further expanded the range of pre-approved digital solutions to help Small and Medium-sized Enterprises (SMEs) in the healthcare and education sectors manage the impact of COVID-19. The new teleconsultation (video) solutions and Learning Management System solutions...
A new mobile e-commerce solution has been developed to assist thousands of Singaporean SMEs to set up their own virtual stores amid the rough times of the COVID-19 pandemic. This new initiative is aimed at the heartland merchants to help them deal with the new challenges and difficulties as a...
Visitor arrivals in Singapore plummeted to about 240,000 in March, the lowest since the SARS outbreak in 2003. The figures were published by the Singapore Tourism Board today. The number of arrivals last month represents an 85% year-on-year drop.The last time Singapore experienced a drop of this...
Singapore will enter into a recession this year because of the blow from the COVID-19 pandemic, resulting in job losses and lower wages, with “significant uncertainty” over how long and intense the downturn will be, the central bank warned on Tuesday. Depending on how the pandemic evolves and the efficacy...

Follow Us

180,243FansLike
791FollowersFollow