SGBudget2019 deficit of S$3.5b expected for FY19
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Singapore Budget 2019: Budget deficit of S$3.48b expected for FY19A LARGER budget deficit of S$3.48 billion is expected for FY19, with expenditure predicted to increase, Minister for Finance Heng Swee Keat announced on Monday. Read more at The Business Times.
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Singapore Budget 2019: Singapore to set aside another S$3.1b for Long-Term Care Support FundSINGAPORE will set aside another S$3.1 billion into a new Long-Term Care Support Fund, Finance Minister Heng Swee Keat said in Parliament on Monday. Read more at The Business Times.
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YuuZoo narrows Q4 loss to S$3.1m; trading remains suspendedYUUZOO Networks Group Corp - previously known as YuuZoo Corp - narrowed its fourth-quarter losses mainly due to the absence of amortisation costs and the impairment of assets available for sale, according to unaudited financial results released late on Thursday night. Read more at The Business Times.
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Additional $3.1b for long-term care; more to get Chas subsidiesThe Government will pump in an additional $3.1 billion for long-term care schemes and will enhance Community Health Assist Scheme (Chas) subsidies.. Read more at straitstimes.com.
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Highlights: Finance Minister Heng Swee Keat delivers Budget 2019For 2019, Government expects overall budget deficit of S$3.5b, but will have sufficient fiscal surplus to fund this with no drawing on past reserves: Heng Swee Keat SGBudget2019
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FY19 Budget's big transfersThe government expects to post a sizeable deficit in the year ahead as it sets aside funds for this Budget’s landmark Merdeka Package for senior Singaporeans and continues to invest in public transport. Read more at The Business Times.
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Amos Group, formerly Gaylin Holdings, widens Q3 loss to S$6.3mA NON-RECURRING acquisition and restructuring cost of S$3 million took a toll on Amos Group's third quarter results, even as revenue more than doubled. Read more at The Business Times.
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