{"id":115416,"date":"2020-04-06T11:28:24","date_gmt":"2020-04-06T04:28:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/third-round-of-support-measures-to-be-announced-under-new-solidarity-budget\/"},"modified":"2020-04-06T12:04:01","modified_gmt":"2020-04-06T05:04:01","slug":"third-round-of-support-measures-to-be-announced-under-new-solidarity-budget","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/third-round-of-support-measures-to-be-announced-under-new-solidarity-budget\/","title":{"rendered":"Third round of support measures to be announced under new \u201cSolidarity Budget\u201d"},"content":{"rendered":"


\nThird support measures will be known as the Solidarity Budget and will be announced by Finance Minister Heng Swee Keat today at 3pm.\u00a0
\nFinance Minister Heng Swee Keat is set to announce the third round of support measures when the Parliament sits today (6 April) to help workers, businesses and households tide through the difficulties brought by the Covid-19 outbreak.
\nIn a Facebook post on 5 April,\u00a0Heng noted that the pandemic \u201chas taken a very sharp turn, both globally and locally\u201d.
\nAnd while schools and most workplaces are closed for a month for the \u201cfirst time in our history\u201d to prevent the spread of the disease, and strong measures have been introduced, the minister also recognizes that the economy \u201chas taken a hit as a result.\u201d
\n\u201cTomorrow will mark the third round of support measures in less than two months \u2014 coming after the Unity Budget on 18 February and the Resilience Budget on 26 March. This too is another first,\u201d he said.
\nHeng, who also serves as Deputy Prime Minister, named the third support measures as the Solidarity Budget and calls Singaporeans to \u201cremain steadfast\u201d and stand in solidarity with one another, reported CNA.
\n\u201cUnity, resilience, solidarity \u2014 these values will come to define who we are as a people,\u201d noted Heng.
\nHe believes the crisis will forge and renew the bond that binds Singapore as a nation and acknowledges the earlier generations for saving up and building a strong foundation upon which Singapore depends these days for the protection of its people and their businesses.
\nIn what he called as the \u201cdefining chapter of our generation\u201d, Heng is confident that Singapore will survive and emerge stronger together.
\n\u201cWhen the storm eventually subsides, as all storms do, I am confident that as a stronger society, we can build an even better future for our children and our grandchildren,\u201d he concluded.
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Third round of support measures to be announced under new \u201cSolidarity Budget\u201d<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Third support measures will be known as the Solidarity Budget and will be announced by...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115416","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-u1y","jetpack-related-posts":[{"id":116531,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dpm-heng-to-announce-fourth-round-of-measure-to-help-people-businesses-on-26-may\/","url_meta":{"origin":115416,"position":0},"title":"DPM Heng to announce fourth round of measure to help people, businesses on 26 May","date":"May 20, 2020","format":false,"excerpt":"\r According to the release, the statement would set out the plans of the government to \u201chelp businesses and individuals adapt and build resilience, in our continuing fight against the Covid-19 pandemic\u201d. Photo:\u00a0facebook.com\/hengsweekeat Deputy Prime Minister Heng Swee Keat is set to deliver this year\u2019s fourth ministerial statement on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115448,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-unveils-5-1bil-third-support-package-known-as-the-solidarity-budget\/","url_meta":{"origin":115416,"position":1},"title":"Singapore unveils $5.1bil third support package, known as the Solidarity Budget","date":"April 7, 2020","format":false,"excerpt":"\r In total, the government is set to commit $59.9 billion, or about 12% of Singapore\u2019s GDP in a battle against the Covid-19 pandemic. Following the announcement by Deputy Prime Minister Heng Swee Keat, the Singapore government has unveiled a third round of support measures on 6 April to help\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-interest-rates-pose-risks-to-property-market-warns-heng\/","url_meta":{"origin":115416,"position":2},"title":"Low interest rates pose risks to property market, warns Heng","date":"February 18, 2021","format":false,"excerpt":"\r Low interest rates pose risks to property market, warns HengThis comes as Singapore\u2019s housing market registered a rapid recovery after the COVID-19 pandemic brought the economy to its worst recession, sparking speculation that the government would once again intervene and roll-out new\u00a0cooling measures. Singapore\u2019s Deputy Prime Minister Heng Swee\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/Residential-apartments-in-Singapore-v2-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":115796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/75-wage-subsidy-under-job-support-scheme-to-be-extended\/","url_meta":{"origin":115416,"position":3},"title":"75% wage subsidy under Job Support Scheme to be extended","date":"April 22, 2020","format":false,"excerpt":"\r Apart from that, employers will receive a levy rebate payout of $750 for each foreign worker in employment. With the \u201ccircuit breaker\u201d measures extended by four weeks, Deputy Prime Minister Heng Swee Keat announced on Tuesday (21 April) that the 75% wage subsidy for companies across all sectors will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114393,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-plans-to-ease-property-curbs-deputy-pm\/","url_meta":{"origin":115416,"position":4},"title":"No plans to ease property curbs: Deputy PM","date":"February 20, 2020","format":false,"excerpt":"\r His statement comes after developers made renewed calls to loosen a measure penalising them for their failure to complete and sell new projects in five years.\u00a0 Singapore\u2019s Deputy Prime Minister and Finance Minister Heng Swee Keat revealed that the government has no plans to ease the property cooling measures.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105179,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-flats-still-retain-value-even-when-owner-turns-85-says-heng\/","url_meta":{"origin":115416,"position":5},"title":"HDB flats still retain value even when owner turns 85, says Heng","date":"March 20, 2019","format":false,"excerpt":"\r Speaking at a PropNex conference, the minister also dismissed the notion that HBD dwellers are not owners but merely tenants. Finance Minister Heng Swee Keat has assured Singaporeans that HDB flats still have value even when its owner has reached 85 years old, reported Today Online. Citing the example\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115416"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115416"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115416\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}