THE government's third round of measures introduced on Monday to help Singapore tide over the Covid-19 situation will cost S$5.1 billion.

AROUND the world, countries have been announcing unprecedented economic measures on both the monetary and fiscal policy fronts to mitigate the effects of the Covid-19 outbreak.

SINGAPORE’S Deputy Prime Minister Heng Swee Keat on Thursday said he is prepared to propose to the President further draws on the country’s past reserves to deal with the coronavirus situation,...

REVENUE AND EXPENDITURE

THE expected overall budget deficit of S$10.9 billion for FY2020 is the highest in more than two decades, but economists say the budget plans outlined by the government on Tuesday are a sure sign...

THE Singapore government will not be drawing on past reserves as it has sufficient accumulated fiscal surplus to fund the overall deficit in FY2020, Deputy Prime Minister and Finance Minister Heng...

SINGAPORE needs to maintain its fiscal posture and leave enough to deal with unexpected shocks and longer-term challenges, Deputy Prime Minister and Finance Minister Heng Swee Keat said in his...

[HANOI] Vietnam's foreign exchange reserves hit a new high of almost US$80 billion, with a quarter of it bought this year, Prime Minister Nguyen Xuan Phuc said at a forum on Monday.

[BEIJING] China will auction 10,000 tonnes of pork from its state reserves on Sept. 26, according to a notice from the China Merchandise Reserve Management Center on Tuesday, following an earlier...

THE Monetary Authority of Singapore (MAS) will be transferring S$45 billion from the official foreign reserves (OFR) in May to GIC, the city-state's sovereign wealth fund, to manage, in a move...

[SINGAPORE] China's on a bullion-buying spree. The world's second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will...