Looking At The Four Gov’t Budgets Through The Eyes Of S’pore Business Owners
Through the eyes of our local firms, how well do the Government’s support packages deliver meaningful relief in their time of need?
Resilience Budget: Why The Gov’t Is Bailing Out Singapore Airlines
Since the onset of the COVID-19 virus, the travel industry globally has been hit by one of the biggest shock in history.
Resilience Budget: New Jobs, Wage Offsets And Everything Else S’porean Workers Need To Know
More than one-third of the $48 billion Resilience Budget is dedicated to saving jobs, supporting workers and protecting livelihoods of Singapore workers.
Resilience Budget: Taxi, Private-Hire Drivers To Get Additional $95M In Support
An additional $95 million is set aside to provide Singapore taxi and private-hire drivers with a relief of $300 per vehicle per month until end-September.
Resilience Budget: 3-Month Income Tax Deferment For Businesses, Self-Employed People
To help businesses overcome immediate challenges in the COVID-19 pandemic, income tax will be immediately deferred for three months.
Resilience Budget: Gov’t Aims To Create About 10,000 Jobs By 2021 Under New SGUnited Scheme
Minister Heng announced the launch of a new SGUnited Traineeship programme to provide young Singaporeans with opportunities to gain valuable work experience.
Resilience Budget: Gov’t To Co-Fund Up To 75% Of Wages To Keep S’poreans Employed
The Government will increase its wage co-funding from 8% to up to 75% to keep Singaporean workers employed amid the COVID-19 pandemic.
Resilience Budget: Self-Employed Persons Will Receive S$1,000 Per Month For 9 Months
Self-employed person includes freelancers, taxi drivers, media and video freelancers.
Resilience Budget: Gov’t Announce Measures Worth Almost $55B To Tackle COVID-19 Impacts
In total, Singapore is dedicating close to S$55 billion, or 11 per cent of our GDP, to "support our people in this battle."