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Silver bullets from the Budget

THIS WEEK'S TOPIC: Will Singapore's 2020 Budget measures go far enough to cushion businesses against the economic slowdown this year?

THIS WEEK'S TOPIC: Will Singapore's 2020 Budget measures go far enough to cushion businesses against the economic slowdown this year?

Chia Ngiang Hong
President
Real Estate Developers' Association of Singapore (REDAS)

It is too early to tell whether the Budget measures will be adequate to cushion businesses against an expected economic slowdown as the Covid-19 is still unfolding with its duration, severity, and global economic impact still unclear.

I suppose the approach is to deliver the remedial medicines as the ''symptoms'' become clearer and at the same time administer preventive medicines.

The focus of the short-term measures is to provide ''critical support'' to affected businesses and workers...

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