Articles posted by HelenCampos

All posts by HelenCampos

0 comment

Small businesses offered assistance in restructuring debts

Help is being offered to small businesses in the form of two new schemes. One initiative will help sole proprietors or partnerships restructure unsecured debt. Another scheme will help small- and medium-sized enterprises (SMEs) plan out their credit facilities across multiple banks and finance companies. The two schemes are both from the Association of Banks … Continue reading Small businesses offered assistance in restructuring debts

0 comment

An additional S$8 billion approved for Covid-19 support

The Straits Times announced that President Halimah Yacob has formally assented to the third Supplementary Supply and Budget Adjustments Bill that provides for an extra $8 billion in Covid-19 support. The extra funds will help the Government in providing support in sectors most affected by the coronavirus, including assisting workers through the Jobs Support Scheme … Continue reading An additional S$8 billion approved for Covid-19 support

0 comment

Singapore needs global talent

SINGAPORE will remain open to top international talent even as the country accelerates its economic transformation efforts and invests in and enhances connectivity to the city-state. This is key as Singapore aspires to be the key nerve centre for businesses for trade, global supply and value chains, professional services, data, finance, technology, and talent said … Continue reading Singapore needs global talent

0 comment

New Corporate Structure in Singapore attract multibillion-dollar hedge funds

Singapore launched a new corporate structure in January called the Variable Capital Company in its pursuit to become the leading financial centre in the region. The VCC is designed for traditional and alternative investment funds and was designed specifically to attract the funds of fund managers and family offices registered in low tax jurisdictions like … Continue reading New Corporate Structure in Singapore attract multibillion-dollar hedge funds

0 comment

Singapore and Malaysia to facilitate cross border travel

Prime Minister Lee Hsien Loong and Malaysia’s Prime Minister Mr Muhyiddin Yassin have agreed to allow cross border travel for certain groups of people. They agreed to implement two measures, the first being a Reciprocal Green Lane (RGL) which is meant for people travelling for essential business and/or official purposes. This group of travellers will … Continue reading Singapore and Malaysia to facilitate cross border travel