This comes barely a month after Heng in his Budget 2020 speech on Feb 18 unveiled a $4 billion package to stabilise the Singapore economy and support local workers caught up in a swirl of near-term uncertainties.
SINGAPORE (Mar 11): As the novel coronavirus (Covid-19) outbreak shows no signs of slowing down, Singapore is considering a second stimulus package to give businesses a much needed boost, according to Deputy Prime Minister and Finance Minister Heng Swee Keat.
In particular, the second package will be a shot in the arm for workers and small- and medium-sized enterprises (SMEs) badly affected by the virus-led downturn.
