Tag: Heng
Written by Gabriel HerveyApril 12, 2020
COVID-19 measures: Safe distancing situation has ‘improved significantly’, but must still be taken seriously, says DPM Heng
News Business Article
SINGAPORE: The situation concerning elevated safe distancing measures in public places has “improved significantly” compared to the last few days, particularly in wet markets, said Deputy Prime Minister Heng Swee Keat on Sunday (Apr 12). However, he stressed the need for people to take the enhanced safe distancing measures seriously, given that one infected person
Written by Gabriel HerveyApril 7, 2020
Best response to COVID-19 pandemic is to build resilience in economy, society: DPM Heng
News Business Article
SINGAPORE: Singapore is feeling the full effects of the economic shocks and border closures caused by the COVID-19 pandemic around the world and within the country, the more stringent measures being put in place will have a bigger impact on the economy, said Deputy Prime Minister Heng Swee Keat on Tuesday (Apr 7). The local
Written by Gabriel HerveyApril 6, 2020
Highlights: Heng Swee Keat announces third round of COVID-19 support measures in new ‘Solidarity Budget’
News Business Article
SINGAPORE: Deputy Prime Minister and Finance Minister Heng Swee Keat announced on Monday (Apr 6) a third round of support measures to help tide businesses, workers and households through the COVID-19 outbreak. The new “Solidarity Budget” follows the Unity Budget announced on Feb 18 and the Resilience Budget of Mar 26, and comes amid what Mr Heng
Written by Gabriel HerveyApril 4, 2020
COVID-19: Singapore to waive foreign worker levy, enhance Jobs Support Scheme, says Heng Swee Keat
News Business Article
SINGAPORE: The Government will waive the foreign worker levy for April and further enhance the Jobs Support Scheme, in a move to boost support for businesses during a month-long “circuit breaker” to stem the COVID-19 pandemic, said Deputy Prime Minister Heng Swee Keat. In a Facebook post on Saturday (Apr 4), Mr Heng said the Government remains
Written by Gabriel HerveyApril 1, 2020
Legislative action may be taken to make sure landlords pass on rebates to tenants, says DPM Heng
News Business Article
SINGAPORE: The Government is prepared to take legislative action when necessary to ensure that the property tax rebates granted to commercial landlords are passed on to their tenants during the COVID-19 outbreak, said Deputy Prime Minister Heng Swee Keat on Wednesday (Apr 1). “I want to urge the landlords to not only pass on these
Written by Gabriel HerveyMarch 30, 2020
Singapore ready to deploy third stimulus package if COVID-19 outbreak worsens: DPM Heng
News Business Article
SINGAPORE: The Government is ready to deploy a third stimulus package if the COVID-19 outbreak in Singapore deteriorates, Deputy Prime Minister Heng Swee Keat said on Monday (Mar 30). “If the situation continues to worsen, we’ll be prepared to have a third package,” he said. “I would like to reassure Singaporeans that we have the
Written by Gabriel HerveyMarch 30, 2020
Singapore’s fundamentals still strong although COVID-19 could slow foreign investments: DPM Heng
News Business Article
SINGAPORE: The COVID-19 outbreak could slow down foreign investments but the country’s fundamentals remain strong and the reasons why global firms will want to invest in Singapore are still “intact”, said Deputy Prime Minister Heng Swee Keat on Monday (Mar 30). Mr Heng was responding to a question on how the rapid spread of the
Written by Gabriel HerveyMarch 27, 2020
Singapore has ‘sizeable’ reserves it can tap into but it is important to be ‘careful stewards’: Heng Swee Keat
News Business Article
SINGAPORE: Singapore has “sizeable” reserves to tap into should the COVID-19 outbreak further impact the economy, but it is important to be “careful stewards” of the resources, said Deputy Prime Minister and Minister for Finance Heng Swee Keat on Friday (Mar 27). Speaking to CNA’s Otelli Edwards on News 5 Tonight, Mr Heng said: “As
Written by Gabriel HerveyMarch 26, 2020
Singapore’s reserves are for rainy days, COVID-19 already a ‘mighty storm’: DPM Heng
News Business Article
SINGAPORE: The COVID-19 pandemic is the sort of event Singapore has been accumulating its reserves for, Deputy Prime Minister Heng Swee Keat said, as he explained the need to draw up to S$17 billion from the reserves for measures to protect jobs and support the economy. “We have saved up for a rainy day,” Mr Heng told
Written by Gabriel HerveyMarch 23, 2020
DPM Heng Swee Keat to deliver ministerial statement on additional COVID-19 support measures
News Business Article
SINGAPORE: Deputy Prime Minister and Minister for Finance Heng Swee Keat will deliver a ministerial statement on Thursday (Mar 26) regarding the Government’s additional support measures for workers, businesses and households in response to the COVID-19 pandemic. The ministerial statement will be delivered on Thursday afternoon in Parliament, said the Ministry of Finance. Advertisement Advertisement The
Written by Gabriel HerveyMarch 12, 2020
Second stimulus package in the works as global economy, COVID-19 situation worsens: DPM Heng
News Business Article
SINGAPORE: The Government has started working on a second stimulus package about 10 days ago as both the global economy and COVID-19 outbreak have worsened since the first package was announced three weeks ago, said Deputy Prime Minister Heng Swee Keat on Wednesday (Mar 11). During the Budget statement on Feb 18, Mr Heng had unveiled
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