TLDR: Here are the 7 things you need to know about SGBudget2019
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Singapore Budget 2019: FY2019 budget position expansionary, with basic deficit of S$7.1bSINGAPORE'S 2019 Budget position remains expansionary, with a basic deficit of S$7.1 billion, Finance Minister Heng Swee Keat said in Parliament on Monday. Read more at The Business Times.
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Singapore Budget 2019: Place in the world as long as Singapore stays relevant and adaptsSINGAPORE - To chart Singapore's future, the Government picked up on three lessons from the country's history, Finance Minister Heng Swee Keat said as he closed his Budget speech on Monday (Feb 18).. Read more at straitstimes.com.
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Singapore Budget 2019: Singapore to invest more to tackle climate changeTHE Singapore government will apply a carbon tax on this year’s emissions and launch a Zero Waste masterplan in the second half of 2019, said Minister for Finance Heng Swee Keat on Monday. Read more at The Business Times.
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Singapore Budget 2019: Singapore to tighten GST import relief, alcohol duty-free concessionSINGAPORE will tighten the goods and services (GST) import relief and the alcohol duty-free concession for travellers, Finance Minister Heng Swee Keat said in Parliament on Monday. Read more at The Business Times.
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Singapore Budget 2019: Enterprise Singapore to launch Scale-up programme for startupsENTERPRISE Singapore will launch a Scale-up SG programme that partners both the private and public sectors to help startups and smaller companies scale up, said Minister for Finance Heng Swee Keat on Monday. Read more at The Business Times.
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Singapore Budget 2019: Singapore sees over 220 venture capital deals, worth US$4.2b, a yearSINGAPORE'S start-up eco-system is flourishing, boasting of more than 220 venture capital deals per year, worth close to US$4.2 billion, Finance Minister Heng Swee Keat said in Parliament. Read more at The Business Times.
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Singapore Budget 2019: Singapore to launch new Professional Conversion Programmes for new growth areasSINGAPORE will launch new Professional Conversion Programmes (PCPs) relating to blockchain, embedded software and prefabrication to prepare Singaporeans to move into new growth areas, Finance Minister Heng Swee Keat said in Parliament on Monday. Read more at The Business Times.
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Singapore Budget 2019: Building Singapore as a Global-Asia node of technology, innovation and enterpriseSINGAPORE will press on with industry transformation and build its position as a Global-Asia node of technology, innovation and enterprise, to open up new opportunities as technologies advance and converge. Read more at The Business Times.
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Singapore Budget 2019: Automation Support Package extended by 2 yearsTHE government will extend the Automation Support Package (ASP) by two years, said Minister for Finance Heng Swee Keat on Monday. The ASP was launched in Budget 2016, and is meant to help firms deploy large-scale automation, such as robotics and the Internet of Things. Read more at The Business Times.
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