Equity investors expecting a big boost for Singapore’s benchmark index from its upcoming annual budget could be disappointed: heavyweight blue chips are unlikely to benefit from government largesse. ( read original story ...)
Singapore is set to release its 2021 budget. Here’s why this budget could be an ‘unusual’ one
Singapore will likely incur a rare budget deficit this year as the government continues to support its economic recovery from the Covid pandemic, said economists. “This will be unusual as the ... ( read original story ...)
Fifth Wall Launches First Proptech SPAC With $345M IPO
Fifth Wall held a $345 million IPO for Fifth Wall Acquisition Corp I, the first proptech-oriented special acquisition company (SPAC). ( read original story ...)
Singapore Budget 2021: Stay updated with ST’s live coverage
SINGAPORE - This year's Budget, which will be announced by Deputy Prime Minister and Finance Minister Heng Swee Keat on Tuesday (Feb 16), comes as Singapore has spent about a year tackling the ... ( read original story ...)
Singapore averted deeper economic recession with fine-tuned measures
As governments around the world moved to contain the coronavirus by imposing lockdowns and shutting businesses, the Ministry of Finance (MOF) had to quickly adjust last year's five Budgets. By ... ( read original story ...)
Singapore economy could have contracted 12.4% if not for COVID-19 Budget measures: MAS estimates | Video
Without the support measures rolled out by the Government to cushion the blow of the COVID-19 pandemic, the economy would likely have contracted by twice as much last year, according to a paper ... ( read original story ...)
Covid-19 Budget measures helped cushion recession’s impact, save jobs: Finance Ministry
The measures saved or created some 155,000 jobs over 2020 and 2021, and shaved the rise in unemployment rate.. Read more at straitstimes.com. ( read original story ...)
Singapore economy could have contracted 12.4% if not for COVID-19 Budget measures: MAS estimates
SINGAPORE: Without the support measures rolled out by the Government to cushion the blow of the COVID-19 pandemic, the economy would likely have ... ( read original story ...)
Budget measures continually fine-tuned to respond to evolving Covid-19 situation: Ministry of Finance report
SINGAPORE - As governments around the world moved to contain the coronavirus by imposing lockdowns and shuttering businesses, the Finance Ministry had to quickly adjust last year's five Budgets.. Read ... ( read original story ...)
Singapore households got $2,000 per member from COVID-19 measures on average
Singaporean households received about $2,000 per member on average from COVID-19 measures introduced, according to a Ministry of Finance paper released on Thursday (11 February).Titled “An Interim ... ( read original story ...)
Digital banking? Virtual meetings? Singapore must embrace digital business cards in 2021, too
Digital banking has been an innovation darling of 2020 as payments increasingly moved to digital channels and economies went cashless during COVID-related lockdowns. ( read original story ...)
CMS Singapore Alliance Hires Clifford Chance Counsel as Banking Head
CMS Holborn Asia, the Singapore formal law alliance unit of U.K. firm CMS, has brought on Daniel Tan as director to head up its banking and finance practice. Tan joins CMS from Clifford Chance, where ... ( read original story ...)
Linkflow Capital: 52% of Singapore SMEs Were Able to Access Financing in 2020
Research conducted by Linkflow Capital shows that more SMEs continue to see improved access to financing with larger loan quantum secured in 2020 SINGAPORE - Media Outreach - 10 February 2021 - In ... ( read original story ...)
Singapore Bourse May Spin Its Wheels On Wednesday
The Singapore stock market has finished higher in three straight sessions, gathering almost 30 points or 1 percent along the way. The Straits Times Index now sits just above the 2,935-point plateau ... ( read original story ...)
Enterprise Singapore-backed accelerator launches $15m blockchain fund
The new fund will be used to invest in tokens and early-stage blockchain firms, focusing on Web 3.0 infrastructure components and decentralized finance. ( read original story ...)
Singapore agencies must subject key Covid-19 expenditures to checks, says public sector accounts watchdog
While it is important to respond quickly to the pandemic, there is a need to ensure accountability, said the Public Accounts Committee in a report.. Read more at straitstimes.com. ( read original story ...)