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In the 2020 Budget Statement delivered on 18 February 2020, Deputy Prime Minister and Finance Minister Heng Swee Keat shared about the measures that the Singapore Government will put in place to support businesses through the uncertainties in the global environment while preparing them to capture the opportunities in the future.

You may wish to visit https://www.singaporebudget.gov.sg to read the Budget speech in full and refer to the Budget Annex for more details on the measures announced. Another useful document will be the MTI Budget Booklet for Businesses, which informs businesses about the broad relief measures and the various support schemes, both new and existing, that will help businesses deepen capabilities. A copy is accessible here.

Members can also visit Enterprise Singapore’s Budget microsite.