Coronavirus: Almost entire economy to reopen under phase two

Phase two will see the reopening of retail shops and consumer services, as well as sports facilities such as stadiums and swimming pools. ST PHOTO: ALPHONSUS CHERN Phase two of Singapore's exit from the circuit breaker will entail the resumption of a wider range of activities and the reopening of almost the entire economy, said National … Continue reading Coronavirus: Almost entire economy to reopen under phase two

2nd residential site up for sale, tender extended due to Covid-19

The land parcel in Tanah Merah Kechil Link is for a mixed residential development, with the first storey slated for commercial space.PHOTO: SCREENGRAB FROM GOOGLE MAPS A second residential site has been put up for sale by the Government, which is again giving developers more time to assess the property market amid the Covid-19 pandemic … Continue reading 2nd residential site up for sale, tender extended due to Covid-19

New Bill could level playing field between landlords and tenants

For qualifying tenants of commercial properties, such as shops, the grant will amount to about 0.8 month's worth of rent.ST PHOTO: LIM YAOHUI Landlords will have to dig deeper to help their pandemic-battered tenants under an upcoming Bill that some observers feel could level the playing field between commercial owners and tenants. The Government will … Continue reading New Bill could level playing field between landlords and tenants

Banks approve 90% of applications to defer mortgage payments

Banks have approved more than 90 per cent of applications submitted by small and medium-sized enterprises to defer payments on secured loans.ST PHOTO: CHONG JUN LIANG Banks have approved about nine in 10 applications by property buyers to defer mortgage payments. They have also approved more than 90 per cent of applications submitted by small and … Continue reading Banks approve 90% of applications to defer mortgage payments

4th Budget sets aside $33b more to help workers, businesses

The Government is dedicating close to $100 billion to support Singaporeans in the battle against Covid-19.PHOTO: ST FILE Deputy Prime Minister Heng Swee Keat yesterday announced a $33 billion supplementary Budget aimed primarily at helping workers and businesses pull through the Covid-19 pandemic and the bleak economic outlook ahead. Called the Fortitude Budget, Singapore's fourth Budget in … Continue reading 4th Budget sets aside $33b more to help workers, businesses

Cash grant to help SME tenants with rent costs

Commercial tenants and hawkers will have two more months of rent waived, bringing the total rental waiver to four months for commercial tenants. Stallholders in hawker centres and markets managed by government agencies will get a total of five months of rental waiver.ST PHOTO: KELVIN CHNG Small and medium-sized enterprises (SMEs) will get a cash … Continue reading Cash grant to help SME tenants with rent costs

Home renovation works that were disrupted to get priority

Most construction work was suspended when the circuit breaker began on April 7, with only 5 per cent of the construction workforce continuing to work. ST FILE PHOTO Home owners whose renovation works were disrupted will be given priority to restart them in phase one of the post-circuit breaker period, said Minister for National Development Lawrence Wong yesterday. … Continue reading Home renovation works that were disrupted to get priority