Budget 2020: Government to set up new trust for social service sector

THIS year, the Ministry of Social and Family Development (MSF) and the National Council of Social Service (NCSS) will set up a trust to fundraise and support social service agencies.

Budget 2020: Basic Retirement Sum set at S$93,000 for those turning 55 next year

THE Basic Retirement Sum (BRS) will continue to increase by the same 3 per cent per year for the next two cohorts, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget speech on Tuesday.

Budget 2020: Self-help groups to get S$10m grant to support needy families amid virus outbreak

THE Singapore government will provide a S$10 million grant to self-help groups over two years, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget speech on Tuesday.

Budget 2020: Boost in bursaries, other financial assistance for students

STUDENTS from lower-income families will receive further financial help form the government, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget speech on Tuesday.

Budget 2020: Senior employment credit, CPF offset among new measures for those hiring older workers

SINGAPORE will introduce a Senior Worker Support Package comprising four measures, to support enterprises that employ older staff, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget speech on Tuesday.

Budget 2020: New SkillsFuture Enterprise Credit to defray 90% of training, job redesign costs

TO encourage Singapore employers to embark on the transformation of their workforce and enterprise, the government will introduce a new SkillsFuture Enterprise Credit.

Budget 2020: Training, mentorship for 900 SME leaders over next 3 years

UNDER a new programme, business leaders of Singapore’s promising small and medium-sized enterprises (SMEs) will get a boost in driving their business transformation.

Budget 2020: Deep-tech startups to get more support under Startup SG Equity

TO catalyse investment into deep-tech startups, the Singapore government will set aside an additional S$300 million under the Startup SG Equity co-investment scheme, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget speech on Tuesday.

Budget 2020: More help for 5 sectors directly hit by Covid-19

FIVE sectors – tourism, aviation, retail, food services, and point-to-point transport services – in Singapore which are directly affected by the spread of the novel coronavirus (Covid-19) will receive additional support, said Deputy Prime Minister and Finance Minister Heng Swee Keat in his...

Budget 2020: S$6b package to cushion impact of upcoming GST increase

WHEN the government raises the goods and services tax (GST), it will provide a S$6 billion package to cushion the increase for Singaporeans, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his Budget speech on Tuesday.

Budget 2020: Government to pump S$6.4b into virus support measures

SINGAPORE will set aside a total of S$6.4 billion for measures in view of the novel coronavirus (Covid-19) outbreak, Deputy Prime Minister and Finance Minister Heng Swee Keat said at the start of his Budget speech on Tuesday.

DBS says second employee infected with Covid-19, works at satellite office

ANOTHER staff of DBS has tested positive for the novel coronavirus (Covid-19), the bank said in response to The Business Times’ (BT) queries on Tuesday.

Stocks to watch: SIA, Genting, Singtel, StarHub, Bumitama Agri, Boustead Projects

THE following companies saw new developments that may affect trading of their securities on Tuesday:

Bumitama Agri's Q4 profit up 26% on higher palm oil prices

AN improvement in palm oil prices towards the end of last year gave a boost to Bumitama Agri's fourth-quarter earnings.

Banyan Tree to debut overwater bungalows at its first Bahamas resort

BANYAN Tree Hotels & Resorts will introduce the hospitality group’s first property in the Bahamas under a partnership with Island Developers.

StanChart opens international banking, priority private centre in Singapore

STANDARD Chartered Bank (StanChart) has opened its flagship centre for international banking and priority private clients at Ngee Ann City in Singapore.

ComfortDelGro appoints new chief digital officer

TRANSPORT giant ComfortDelGro has named Siew Yim Cheng as its group chief digital officer, a new position created to helm all future technological ventures.

No award of tender for Woodlands industrial site

JTC Corp on Friday said it will not award the tender for the industrial site at Woodland Industrial Park E7/E8.

Wing Tai to preview The M condo this weekend

WING Tai Asia will open The M condominium on Middle Road for public preview on Saturday.

CapitaLand rolls out S$10m marketing plan, shorter hours to help retailers amid outbreak

RETAILERS operating at over 3,500 stores across CapitaLand malls in Singapore will receive customised support from the company based on their specific needs and trades, to help alleviate any impact from the Covid-19 outbreak.

PSA Marine acquires Peru port services firm

HARBOUR and terminal towage operator PSA Marine has completed the acquisition of the entire stake in Tramarsa Flota and its subsidiaries from the Grupo Romero.

Vividthree proposes S$1.9m placement

VIVIDTHREE Holdings on Wednesday said it is looking to undertake a placement of up to 15.9 million new ordinary shares at a price of at least 12.6 Singapore cents apiece.

Stocks to watch: Jardine C&C, Singtel, OKH, First Sponsor, Civmec, Tiong Seng

THE following companies saw new developments that may affect trading of their securities on Wednesday.

Singapore commercial properties affected by the novel coronavirus

Here's a list of confirmed cases of the virus at commercial buildings in Singapore.

Stocks to watch: HPHT, Oxley, OUE, NetLink, Sembcorp, RE&S, Soilbuild Construction

THE following companies saw new developments that may affect trading of their securities on Tuesday: