How You Can Benefit from the Singapore Budget 2009

While the world slips into possibly the worst recession in sixty years, we’re thankful that Singapore has built reserves to the tune of $300b, of which $4.9b will be used from expected returns to form part of a $20.5b Resilience Package. This package will be implemented with the objectives of saving jobs, helping businesses and investing for the future.

Certainly, everyone would love more benefits to help tide through the difficult times, especially the middle income earners, whom many have lost their higher paying jobs to younger or foreign employees. Realistically, we have to know what we have and look ahead at how we can benefit beyond what’s directly given to us via rebates, grants or subsidies. Read more