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Heng: Firms whose failure hurts national interest may get support

Possible candidates are banks, telcos, aviation and offshore marine firms, say observers

Deputy Prime Minister Heng Swee Keat yesterday spoke on the topic of the government's support for firms during the pandemic, outlining the three broad categories that firms fall into.


THE Singapore government may step in to support firms in cases where their potential failure due to the Covid-19 crisis could adversely affect Singapore's national interest, Deputy Prime Minister Heng Swee Keat said on Thursday evening.

"In such instances, we cannot...

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