Public-private funding to steer businesses through choppy waters
Singapore
TO SPUR private-sector support for companies amid the Covid-19 outbreak, the Singapore government will match part of the funds raised to support businesses in the year ahead.
Public agency Enterprise Singapore (ESG) will put up to S$1 million into each support fund set up by trade bodies, under the SG Together Enhancing Enterprise Resilience (Steer) scheme launched by Senior Parliamentary Secretary for Trade and Industry Tan Wu Meng on Tuesday.
TRENDING NOW
Deal brewing for portfolio of 50 conservation shophouses at about S$500 million
Family offices cheer MAS’ lifting of precious metals cap, but do not expect a gold rush
Shipbuilder Penguin International wins first prime contract with Singapore Navy
New Woodlands Gateway industrial hub takes shape as RTS Link nears completion