The Singapore Fortitude Budget unveiled measures to strengthen the backbone of Singapore’s ecosystem and provide ammunition to overcome the difficult situation propelled by the COVID-19 pandemic.
Focusing on transforming businesses through digital adoption, innovation and resilience, hear from our experts, Ng Siew Quan, Tan Ching Ne, and Abhijit Ghosh and their Fortitude Budget views in this rapid-fire dialogue. For our in-depth analysis on the Budget, download our commentary here.
To help businesses digitalise during these challenging times, the Fortitude Budget has allocated over $500 million to support the digital transformation of businesses through a three-pronged approach:
Prior to COVID-19, Singapore was already facing mismatches between jobs and skills. As a Smart Nation, Singapore is naturally seeing tasks and jobs being displaced by technology and advanced analytics in a more accelerated fashion than many nations around us.
The newly launched SGUnited Jobs and Skills Package signals a relentless prioritisation on safeguarding and creating jobs through relevant capability and skills building. Through the Fortitude Budget, the Government aims to create 40,000 job opportunities, with 15,000 jobs in the public sector and 25,000 jobs in the private sector.
Join our experts as they share their insights on helping businesses manage the following risks in the face of COVID-19
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Managing Risk in the face of COVID-19
In a bid to help business sectors hit by the COVID-19 outbreak, the government has announced a series of measures such as loan programmes, rebates, and rental waivers for key industries: Tourism, Aviation, Hawkers, Commercial Tenants and Point-to-Point Sector.
A culture of lifelong learning and skills mastery will help Singaporeans prepare and position ourselves strategically for this uncertain and rapidly advancing future.
Whether it's tax measures to help businesses cope with immediate headwinds or enhancements made to our tax systems to enable economic growth, there’s no question that Singapore Budget 2020 is centred on supporting businesses through these trying times and positioning the country and its people for the next bound of growth.
Watch as our experts breakdown the Budget measures that can help your business address your near-term challenges and long term needs.
Buying time to prevent living on borrowed time. To ensure Singapore’s economic integrity outlasts the COVID-19 crisis, the $48 billion Resilience Budget serves to help absorb market shocks and buy time for remedial actions. Businesses need to leverage this window and #transform themselves for the long term, keeping in
Buying time to prevent living on borrowed time. To ensure Singapore’s economic integrity outlasts the COVID-19 crisis, the $48 billion Resilience Budget serves...
This year's winners go to industries most hard-hit by COVID-19, local enterprises with #transformation initiatives underway, the #workforce across all age groups and there's a "bonus" for all of us - the GST rate will not be raised in 2021. Watch Abhijit Ghosh our Tax Markets Leader, roundup SGBudget2020 in 2 minutes.
Local enterprises with transformation initiatives underway, the workforce across all age groups, industries most hard-hit by COVD-19 and there's a "bonus" for all of us - the GST rate will not be raised in 2021. Watch Abhijit Ghosh roundup SG Budget 2020 in 2 minutes.
Like how ships need good captains, SMEs need strong leaders. One of the things that stood out in Singapore Budget 2020 is the call for greater enterprise leadership to steer SMEs through these changing times. Hear from our Entrepreneurial and Private Business Partner, Dr. Wilson Chew, on his take of what this year’s
One of the things that stood out in SGBudget2020 is the call for greater enterprise leadership to steer SMEs through these changing times. Hear from our Entrepreneurial and Private Business Partner, Dr. Wilson Chew, on his take of what this year’s Budget measures mean for SMEs.
People and Organisation - Workforce Transformation Leader, South East Asia Consulting, PwC Singapore
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