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Heng Swee Keat
Singapore economy
Singapore assessing 2019 forecasts with trade war risks in view
SINGAPORE (Nov 5): Singapore may need to review its economic growth projections for next year as a trade spat between the world’s two biggest economies increases uncertainty and crimps business investment, the city state’s finance minister said.
November 05, 2018
Singapore's next cabinet reshuffle sets stage for future leaders
SINGAPORE (Apr 18): Singapore Prime Minister Lee Hsien Loong, 66, has said he will reshuffle his cabinet soon and is widely expected to do so before Parliament reconvenes on May 7. The impending changes will increase the focus on a group of younger minist
April 18, 2018
Singapore Budget
Singapore poised for first sales tax hike in more than a decade
SINGAPORE (Feb 13): Singapore, a city-state famed for the low-tax model that helped transform it from a gritty port town to an Asian Manhattan, is expected to put something unusual in this year's government budget announcement: A tax hike.
February 13, 2018
Singapore Budget
Six items on Deloitte's wish list for Budget 2018
SINGAPORE (Jan 5): With Minister for Finance Heng Swee Keat to deliver this year’s Budget Statement in Parliament on Feb 19, Deloitte has released its wishlist for Budget 2018.
January 05, 2018
Singapore economy
Willingness to try, learn, and try again is only way to navigate future economy: Heng
SINGAPORE (Aug 3): In a fast-changing and unpredictable world, Singapore companies and workers must always be ready to embrace change, lifelong learning and a never-say-die spirit in order to survive and thrive.
August 03, 2017
Startups, Entrepreneurs, Digital economy
Singapore to permit banks to enter non-financial e-commerce
SINGAPORE (June 27): Singapore will streamline regulatory requirements for banks seeking to conduct or invest in non-financial businesses and also allow them to operate non-financial e-commerce platforms, as banks face rising competition from non-traditio
June 28, 2017
Budget 2017: Singapore aims to boost economic growth, support weak sectors
SINGAPORE (Feb 20): Finance Minister Heng Swee Keat on Monday announced measures to support companies and sectors grappling with cyclical downturns and industry shifts in a bid to boost growth and productivity amid global economic uncertainties.
February 20, 2017
MAS appoints Ong Ye Kung to board, Lawrence Wong steps down
SINGAPORE (Aug 29): Monetary Authority of Singapore (MAS) today announced its new appointment of Ong Ye Kung, Acting Minister for Education (Higher Education and Skills) and Senior Minister of State, Ministry of Defence, to its board of directors – as w
August 29, 2016