Policy Updates

2021-02-25

Singapore Budget 2021: What should Business Owners know?

Singapore Budget 2021: What should Business Owners know? In February 2021, Singapore’s Deputy Prime Minister, Coordinating Minister for Economic policy and Minister of Finance, Mr Heng Swee Keat, delivered the government’s budget statement for the fiscal year 2021. The budget for the new fiscal year is entitled “Emerging Stronger Together”. The Singapore government allocated $100 billion to fight the epidemic last year. The Singapore government has launched five budgets plans last year to combat the epidemic, with a total allocation of nearly $100 billion to help the nation’s people and businesses weather the storm and ensure the safety of all. […]