Tag: Solidarity
Written by Gabriel HerveyApril 7, 2020
Solidarity Budget: Adult permanent residents with Singaporean family members to receive S$300 cash payout
News Business Article
SINGAPORE: All adult permanent residents with Singaporean parents, spouses or children will be able to apply for a one-off Solidarity Payment of S$300, Deputy Prime Minister Heng Swee Keat announced on Tuesday (Apr 7). Long-term visit pass-plus, or LTVP+, holders who have Singaporean spouses will also receive similar benefits, Mr Heng said in Parliament, adding that more details
Written by Gabriel HerveyApril 7, 2020
Solidarity Budget: Singapore spends another S$5.1b to save jobs, protect livelihoods amid impending circuit breaker rules
News Business Article
SINGAPORE: Another S$5.1 billion has been earmarked to help Singapore weather the COVID-19 crisis in a third support package announced by Deputy Prime Minister Heng Swee Keat on Monday (Apr 6). Called the Solidarity Budget, it is aimed at saving jobs and protecting livelihoods during the four weeks when schools and non-essential businesses have to
Written by Gabriel HerveyApril 6, 2020
Solidarity Budget: S$600 cash support for all adult Singaporeans, other cash payouts to be brought forward to June
News Business Article
SINGAPORE: All adult Singaporeans aged 21 and above will receive a one-off Solidarity Payment of S$600 in cash, Deputy Prime Minister Heng Swee Keat announced on Monday (Apr 6). For the majority of Singaporeans who have provided their bank account details to the Government, the Solidarity Payment will be credited directly into their bank accounts
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 6, 2020
Solidarity Budget to cost S$5.1 billion, S$4 billion more needed from reserves
News Business Article
SINGAPORE: A third tranche of COVID-19 support measures that includes cash payouts and additional support for jobs will cost the Government S$5.1 billion, with S$4 billion to be drawn from Singapore’s reserves. The additional measures – which include wage subsidies for every local worker, cash payouts for all adult citizens and more help for the
Written by Gabriel HerveyApril 6, 2020
Solidarity Budget: Bill to allow firms, individuals to defer contractual obligations such as rent ‘for a period’
News Business Article
SINGAPORE: The Government will introduce a Bill on Tuesday (Apr 7) to allow businesses and individuals to defer certain contractual obligations such as rent “for a period”, said Finance Minister Heng Swee Keat on Monday (Apr 6). Speaking in a ministerial statement in Parliament on Monday, Mr Heng said the Bill will be introduced by the Minister for Law and
Written by Gabriel HerveyApril 6, 2020
Solidarity Budget: Criteria broadened for freelancers’ financial assistance scheme
News Business Article
SINGAPORE: The Government will expand the criteria of self-employed people who are eligible for cash support, Deputy Prime Minister Heng Swee Keat said on Monday (Apr 6). Under the previously announced Self-Employed Person Income Relief Scheme (SIRS), 88,000 freelancers such as taxi drivers, real estate agents and sole proprietors will receive S$1,000 a month over nine months
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