"Support package to see Singapore through next 3 to 6 months, says Chan Chun Sing
As for concern about the availability of resources, Mr Chan said: “If there’s a need to do more and implement other plans, we will do so accordingly.”
He noted the Government efforts to “save up quietly” over the years to prepare for potential rainy days.
“We can have the confidence that because we have saved up for the rainy day, we have the depth of resources to see us through,” he said."
and
"Singapore ready to deploy third stimulus package if COVID-19 outbreak worsens: DPM Heng"
Interesting that the 2 leaders r still not sure if more money are needed to tie Sgp n Singaporeans over the COVID-19, especially 4 those not infected.
If the gov gives nothing, what would b the industries n sectors that will b wiped out through the true market economy of supply n demand?
The gov has identified the aviation, the services, etc., etc. N the related employees involved. Also the upstream n downstream enterprises n, most importantly, the employees/people!
Whatever does it take to keep them alive? Cut pay by 50% but not touching those with the lowest fixed pay in the company.
Then look at the 2nd biggest cost item in the biz: rental or what?
Landlords that hv been making tons of money will hv to bite the bullet n suffer big time this year. It is only fair!
It will b unrealistic to expect the gov to use taxpayers' money to pay these enterprises. Some r national icons invested by Temasek n GIC. Any benefits that acrrued to this type of biz
As for concern about the availability of resources, Mr Chan said: “If there’s a need to do more and implement other plans, we will do so accordingly.”
He noted the Government efforts to “save up quietly” over the years to prepare for potential rainy days.
“We can have the confidence that because we have saved up for the rainy day, we have the depth of resources to see us through,” he said."
and
"Singapore ready to deploy third stimulus package if COVID-19 outbreak worsens: DPM Heng"
Interesting that the 2 leaders r still not sure if more money are needed to tie Sgp n Singaporeans over the COVID-19, especially 4 those not infected.
If the gov gives nothing, what would b the industries n sectors that will b wiped out through the true market economy of supply n demand?
The gov has identified the aviation, the services, etc., etc. N the related employees involved. Also the upstream n downstream enterprises n, most importantly, the employees/people!
Whatever does it take to keep them alive? Cut pay by 50% but not touching those with the lowest fixed pay in the company.
Then look at the 2nd biggest cost item in the biz: rental or what?
Landlords that hv been making tons of money will hv to bite the bullet n suffer big time this year. It is only fair!
It will b unrealistic to expect the gov to use taxpayers' money to pay these enterprises. Some r national icons invested by Temasek n GIC. Any benefits that acrrued to this type of biz
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