(Feb 16): Singapore’s budget on Tuesday is expected to offer more targeted measures to support the economy’s recovery from its worst year since independence, setting up a third straight budget deficit for the traditionally fiscally conservative city-state.
While the the nation appears past the worst of the pandemic and its spending shortfall is narrowing, industries including food and beverage and those associated with travel remain crushed by mobility restrictions. Firms are also still grappling with restructuring staffs and supply chains.
“Certain sectors are still struggling with weak demand, high operating costs and manpower constraints and may require continued policy assistance,” Selena Ling, head of treasury research and strategy at Oversea-Chinese Banking Corp. in Singapore, said in a Feb. 5 report. “Some of these support measures are gradually reaching the end of their shelf life, but a premature full-scale withdrawal is also unlikely in order to forestall a ‘c
Measures announced in next week's Budget will be sliced and diced in a roundtable discussion organised by The Straits Times and UOB.. Read more at straitstimes.com.
Operations resume for many Singapore businesses in Myanmar as they closely monitor situation Toggle share menu
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Operations resume for many Singapore businesses in Myanmar as they closely monitor situation
Operations have mostly resumed for Singapore businesses in Myanmar, recovering from temporary disruptions earlier in the week after a military coup in the country. But many declined comment on their outlook for the long term, citing uncertainty over the evolving situation and political sensitivities, and are monitoring developments closely. 2 related media assets (image or videos) available. Click to see the gallery.
04 Feb 2021 11:40PM) Share this content
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SINGAPORE: Operations have mostly resumed for Singapore businesses in Myanmar, recovering from temporary disruptions earlier in the week after a military coup in the country.
SSG, DesignSingapore and Tribal Worldwide launch skills development programme for SMEs in design sector Details Published: 01 February 2021
These SMEs will receive more support to build the skills and capabilities of their workforce, and be part of a learning ecosystem that will enable them to grow their businesses by investing in their talent.
SkillsFuture Singapore (SSG), DesignSingapore Council (Dsg) and global creative agency Tribal Worldwide have partnered to launch a transformational skills development programme, catering to SMEs in the design sector.
This first-of-its-kind, industry-led skills development programme, led by Tribal Worldwide (a SkillsFuture Queen Bee company) and supported by Dsg and SSG, will provide SMEs in the sector more support to build the skills and capabilities of their workforce, and be part of a learning ecosystem that will enable them to grow their businesses by investing in their talent.