SINGAPORE - The initiatives in Singapore s latest Budget will help keep the worst-hit firms afloat while supporting others in transforming and expanding, said experts at a roundtable discussion organised by The Straits Times and UOB on Wednesday (Feb 17).
They underlined that such initiatives are especially important as government resources are finite and will have to move towards helping growing firms to innovate and stay competitive.
They also noted that as the Jobs Support Scheme (JSS) tapers off, the Budget announced on Tuesday has introduced new measures to help businesses grow rather than return to the status quo.
Mr Douglas Foo, president of the Singapore Manufacturing Federation and vice-chairman of the Singapore Business Federation, said at the event: The Budget is able to target the short-term challenges that enterprises are facing, so it s very focused on some of those groups that are heavily impacted, like aviation and tourism, and at the same time. there are also ini
Company bosses and workers have to transform their mindsets to ensure their businesses keep up amid the upheaval caused by the pandemic, experts said at a Budget discussion.. Read more at straitstimes.com.
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美国寒流推高油价 油盟拟提高产量抑制涨势 zaobao.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zaobao.com.sg Daily Mail and Mail on Sunday newspapers.
The growing appetite for green finance
Bridge to a better tomorrow
From the skyscrapers of Singapore to the river deltas of Bangladesh, the Covid-19 pandemic has drawn attention to global inequities, and expanded the gap between the world’s “haves” and “have-nots”. While banks and governments have been exploring green finance for some time, the pandemic has both highlighted the need for a just financial system and drawn attention to a broader issue facing the world: climate change.
Put simply, green finance refers to finance that incorporates environmental, social and government regulations into business and investment decisions, driving benefits for society as a whole. It signals a shift from the ends-driven model towards one which values outcomes that are good for the planet and its people.