The Business Times
business-time-50

New S$70m scheme for eateries, retailers; S$50m campaign for heartland shops

F&B, retail businesses to enjoy maximum support level of 80% for the two schemes

google-preferred-sourceAdd BT as a preferred source
Annabeth Leow

Annabeth Leow

Published Fri, Mar 4, 2022 · 09:50 PM

    Singapore

    THE retail and food and beverage (F&B) industries are set to get S$70 million more in business support, said Minister of State for Trade and Industry Low Yen Ling.

    Heartland enterprises, as well as trade associations and chambers (TACs), are other intended beneficiaries of initiatives that she announced on Friday (Mar 4) at the Ministry of Trade and Industry's Committee of Supply debate.

    Singapore Budget 2022SMEs

    TRENDING NOW

    The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event.

    Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Malaysia's MY Value Up programme is initially targeting 88 of Bursa Malaysia’s largest listed companies.

    Chasing global capital: South-east Asia markets turn to ‘value up’ reforms

    Buntono is accused of possessing properties that, in part, represent his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured.

    Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More