Singapore Adds to Spending Spree to Drive Recovery from Covid

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Singapore Adds to Spending Spree to Drive Recovery from Covid

Bloomberg2021-02-16

Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...

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jervis43
·2021-02-17
Hope can recover soon
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- Vern88:
  Wow
  2021-02-17
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Klarenz
·2021-02-17
Nice
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2
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财帛宫
·2021-02-17
So rich
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CLK1413
·2021-02-17
Wao.... Good
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1
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Nagoken
·2021-02-17
Singapore will grow stronger this year and next year
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Nagoken
·2021-02-17
Great Job Mr Heng
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同是天涯沦落人
·2021-02-17
Thanks DPM Heng
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Blurryw
·2021-02-17
Yes ... pls like :)
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Agnes_Lim
·2021-02-17
Good news
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AlphaKK
·2021-02-17
Good. More spendy, economy will recover.
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- PlanR:
  Everyday [财迷]
  2021-02-18
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- PlanR:
  Huat Max
  2021-02-17
  Reply
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- PlanR:
  Coins ?
  2021-02-17
  Reply
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View more 2 comments
Silverone
·2021-02-17
Nice sti up up up
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Tan Boon Hup
·2021-02-17
Great !
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naan
·2021-02-17
Will this b brought into sgx?
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- naan:
  US n other mkt has done this?
  2021-02-17
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我想要的生活
·2021-02-17
Add me
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Peekapoo
·2021-02-17
Cool
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linereps
·2021-02-17
Nice
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willck08
·2021-02-17
Great
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Skurniaw1
·2021-02-17
[害羞] [害羞]
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Qazsyed
·2021-02-17
Great
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greenpepper
·2021-02-16
Great!
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Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. 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Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385117480,"gmtCreate":1613522559340,"gmtModify":1704881541302,"author":{"id":"3569976416564978","authorId":"3569976416564978","name":"财帛宫","avatar":"https://community-static.tradeup.com/news/43e8ce544e5d3422ced36f6636647782","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"So rich&nbsp;","listText":"So rich&nbsp;","text":"So rich","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385117480","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385139667,"gmtCreate":1613520763059,"gmtModify":1704881517957,"author":{"id":"3575885081807709","authorId":"3575885081807709","name":"CLK1413","avatar":"https://static.tigerbbs.com/bf942f43809d1a8c51326faf18fba626","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Wao.... Good","listText":"Wao.... Good","text":"Wao.... Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385139667","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385198336,"gmtCreate":1613520244025,"gmtModify":1704881508245,"author":{"id":"3576560237263785","authorId":"3576560237263785","name":"Nagoken","avatar":"https://static.tigerbbs.com/caac3ac5db4b0d37985b9f55a62d569f","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Singapore will grow stronger this year and next year","listText":"Singapore will grow stronger this year and next year","text":"Singapore will grow stronger this year and next year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385198336","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385107069,"gmtCreate":1613519765851,"gmtModify":1704881501755,"author":{"id":"3576560237263785","authorId":"3576560237263785","name":"Nagoken","avatar":"https://static.tigerbbs.com/caac3ac5db4b0d37985b9f55a62d569f","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Great Job Mr Heng","listText":"Great Job Mr Heng","text":"Great Job Mr Heng","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385107069","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385102056,"gmtCreate":1613519458675,"gmtModify":1704881497749,"author":{"id":"3554323022733956","authorId":"3554323022733956","name":"同是天涯沦落人","avatar":"https://static.tigerbbs.com/218c98f99603705b961006c26525b95e","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Thanks DPM Heng","listText":"Thanks DPM Heng","text":"Thanks DPM Heng","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385102056","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385106216,"gmtCreate":1613519396735,"gmtModify":1704881497096,"author":{"id":"3570491248465992","authorId":"3570491248465992","name":"Blurryw","avatar":"https://static.tigerbbs.com/a011010e57161d11562538eee0904d95","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Yes ... pls like :)","listText":"Yes ... pls like :)","text":"Yes ... pls like :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385106216","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385106816,"gmtCreate":1613519380035,"gmtModify":1704881496932,"author":{"id":"3563147993058009","authorId":"3563147993058009","name":"Agnes_Lim","avatar":"https://static.tigerbbs.com/377b51d3878d5a58e898593218b72b14","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good news&nbsp;","listText":"Good news&nbsp;","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385106816","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385108451,"gmtCreate":1613519224373,"gmtModify":1704881495790,"author":{"id":"3572817570586604","authorId":"3572817570586604","name":"AlphaKK","avatar":"https://static.tigerbbs.com/31614816d2f82318ead2a8b020b02b0f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good. More spendy, economy will recover.","listText":"Good. More spendy, economy will recover.","text":"Good. More spendy, economy will recover.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/385108451","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3595109,"gmtCreate":1613604940224,"gmtModify":1680777298973,"authorId":3555464381271027,"author":{"id":3555464381271027,"authorId":3555464381271027,"name":"PlanR","avatar":"https://community-static.tradeup.com/news/7c154067507de533ac55801ad0e29059","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.92%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":385108451,"type":1,"supId":3585277,"prevId":0,"content":"Everyday [财迷]","text":"Everyday [财迷]","html":"Everyday [财迷]"},{"id":3586469,"gmtCreate":1613526965631,"gmtModify":1680777158199,"authorId":3555464381271027,"author":{"id":3555464381271027,"authorId":3555464381271027,"name":"PlanR","avatar":"https://community-static.tradeup.com/news/7c154067507de533ac55801ad0e29059","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.92%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":385108451,"type":1,"supId":0,"prevId":0,"content":"Huat Max","text":"Huat Max","html":"Huat Max"},{"id":3585885,"gmtCreate":1613523507212,"gmtModify":1680777150629,"authorId":3555464381271027,"author":{"id":3555464381271027,"authorId":3555464381271027,"name":"PlanR","avatar":"https://community-static.tradeup.com/news/7c154067507de533ac55801ad0e29059","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.92%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":385108451,"type":1,"supId":0,"prevId":0,"content":"Coins ?","text":"Coins ?","html":"Coins ?"},{"id":3585277,"gmtCreate":1613519294622,"gmtModify":1680777145730,"authorId":3572817570586604,"author":{"id":3572817570586604,"authorId":3572817570586604,"name":"AlphaKK","avatar":"https://static.tigerbbs.com/31614816d2f82318ead2a8b020b02b0f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":385108451,"type":1,"supId":0,"prevId":0,"content":"Yes. To get some coins.","text":"Yes. To get some coins.","html":"Yes. To get some coins."},{"id":3585286,"gmtCreate":1613519386296,"gmtModify":1680777145570,"authorId":3572817570586604,"author":{"id":3572817570586604,"authorId":3572817570586604,"name":"AlphaKK","avatar":"https://static.tigerbbs.com/31614816d2f82318ead2a8b020b02b0f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":385108451,"type":1,"supId":0,"prevId":0,"content":"Yes. The more the merrier.","text":"Yes. The more the merrier.","html":"Yes. The more the merrier."}],"langContent":"EN"},{"id":385378327,"gmtCreate":1613518332769,"gmtModify":1704881481347,"author":{"id":"3557140772478650","authorId":"3557140772478650","name":"Silverone","avatar":"https://static.tigerbbs.com/c607a10a86c5096e3885a17e8211f25d","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1},"htmlText":"Nice sti up up up","listText":"Nice sti up up up","text":"Nice sti up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385378327","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385373263,"gmtCreate":1613518179052,"gmtModify":1704881478749,"author":{"id":"3570863489388697","authorId":"3570863489388697","name":"Tan Boon Hup","avatar":"https://static.tigerbbs.com/aefb0b8716445957d6db1796c7bc4dd4","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"Great !","listText":"Great !","text":"Great !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385373263","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385348159,"gmtCreate":1613517516271,"gmtModify":1704881466846,"author":{"id":"3574400316429410","authorId":"3574400316429410","name":"naan","avatar":"https://static.tigerbbs.com/5846811c3194d2eaeac65a7165552bc1","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Will this b brought into sgx?","listText":"Will this b brought into sgx?","text":"Will this b brought into sgx?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/385348159","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3585095,"gmtCreate":1613517707155,"gmtModify":1680777145599,"authorId":3574400316429410,"author":{"id":3574400316429410,"authorId":3574400316429410,"name":"naan","avatar":"https://static.tigerbbs.com/5846811c3194d2eaeac65a7165552bc1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":385348159,"type":1,"supId":0,"prevId":0,"content":"US n other&nbsp; mkt has done this?","text":"US n other&nbsp; mkt has done this?","html":"US n other&nbsp; mkt has done this?"}],"langContent":"EN"},{"id":385355774,"gmtCreate":1613516858198,"gmtModify":1704881458444,"author":{"id":"3559022124938226","authorId":"3559022124938226","name":"我想要的生活","avatar":"https://static.tigerbbs.com/c95973de2cb1a322bb26c8d6be8ffe92","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Add me","listText":"Add me","text":"Add me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385355774","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385328708,"gmtCreate":1613515304004,"gmtModify":1704881443377,"author":{"id":"3562321972605076","authorId":"3562321972605076","name":"Peekapoo","avatar":"https://static.tigerbbs.com/ee6b60f2c6c6ddf28b244a7af00ecab5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385328708","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385320304,"gmtCreate":1613514134608,"gmtModify":1704881433965,"author":{"id":"3571046202315678","authorId":"3571046202315678","name":"linereps","avatar":"https://static.tigerbbs.com/3d348014f82002028e364ade841b3433","vip":1,"crmLevel":7,"crmLevelSwitch":1},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385320304","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385385941,"gmtCreate":1613510924583,"gmtModify":1704881416302,"author":{"id":"3575429455299539","authorId":"3575429455299539","name":"willck08","avatar":"https://static.tigerbbs.com/438a2cbdf55a928f6ae03588bef33226","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385385941","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385971401,"gmtCreate":1613498535103,"gmtModify":1704881346448,"author":{"id":"3576145710426207","authorId":"3576145710426207","name":"Skurniaw1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[害羞]&nbsp;[害羞]&nbsp;","listText":"[害羞]&nbsp;[害羞]&nbsp;","text":"[害羞] [害羞]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385971401","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":385906042,"gmtCreate":1613491329886,"gmtModify":1704881233455,"author":{"id":"3561592349876047","authorId":"3561592349876047","name":"Qazsyed","avatar":"https://static.tigerbbs.com/779810bb6e214d50a2ad2c29de509458","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385906042","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":385023182,"gmtCreate":1613489435546,"gmtModify":1704881175712,"author":{"id":"3567808422493554","authorId":"3567808422493554","name":"greenpepper","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385023182","repostId":1168066718,"repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://www.laohu8.com/m/news/1168066718?lang=&edition=full","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":68,"commentSize":55,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}