February 19, 2021
Dollars and Sense
The Singapore Budget 2021 was announced yesterday in parliament by Deputy Prime Minister and Finance Minister Heng Swee Keat.
Despite the budget’s theme of “Emerging Stronger Together,” as with every budget, there will always be groups of people and entities who will benefit more than others.
The Singapore budget 2021 was no exception. In fact, given that our country is only at the start of its recovery from the Covid-19 pandemic and recession, it’s safe to say that this year’s budget, more so than in any other years, provides us with a strong indication of our government’s area of focus in the coming years ahead.
Singapore households got $2,000 per member from COVID-19 measures on average
SINGAPORE Singaporean households received about $2,000 per member on average from COVID-19 measures introduced, according to a Ministry of Finance paper released on Thursday (11 February).
Titled “An Interim Assessment of the Impact of Key COVID-19 Budget Measures”, the paper looks at the relief measures from the five Budgets in 2020 during the COVID-19 pandemic totalling almost $100 billion.
The measures benefitting Singaporean households refer to the Care and Support Package (CSP), Self-Employed Person Income Relief Scheme (SIRS), COVID-19 Support Grant (CSG) and Temporary Relief Fund (TRF). Lower income households and those living in smaller HDB flat types received more support.
Keeping faith in final stretch of Covid-19 battle: PM Lee
Singapore has entered phase three and the economy is stabilising, but it is not time to let our guard down as we are not out of the woods yet, says Prime Minister Lee Hsien Loong in his New Year message on Jan 1
Economically, Singapore is not yet out of the woods, but is beginning to see signs of stabilisation, says Prime Minister Lee Hsien Loong. Employment has picked up, and multinational corporations are making significant new investments in the Republic. ST PHOTO: LIM YAOHUI
PM Lee says a new generation of Singaporeans has shown we have what it takes to make our small island nation survive and succeed, but the fight against Covid-19 is not yet won.PHOTO: LEE HSIEN LOONG/FACEBOOK
Taxi drivers to get extra $300 a month in rental relief from taxi firms
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As further support for taxi drivers during this COVID-19 period, a further $300 monthly rental relief will be extended to taxi drivers from January to June.
Taxi drivers will get at least $300 a month in additional rental relief from cab operators in the first half of next year, as the sector continues to be hit by low demand caused by the pandemic. Including the separate payouts that the Government has announced, they will receive a total of almost $5,000 from January to June 2021, said Senior Minister of State for Transport Amy Khor on Friday, 18 December 2020.
My life after SIA: I went from ‘useless’, to picking up skills that got me back on my feet Toggle share menu
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My life after SIA: I went from ‘useless’, to picking up skills that got me back on my feet
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My life after SIA: I went from ‘useless’, to picking up skills that got me back on my feet When COVID-19 struck, and his career plans A and B fell through, Daniel Tan was forced to figure out a Plan C – by taking courses while hunting for a job again, with a support grant tiding him over.