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Ministerial Statement of Support Measures

12/10/2020

Aug & October 2020 Ministerial Statement of Support Measures: Image courtesy of Ministry of Finance (MOF). Feel free to contact us if you are needing consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! https://www.singaporebudget.gov.sg/docs/default-source/budget_2020/download/pdf/fy2020_aug_oct_budget_measures_infographic.pdf

Possible Extension of Debt Relief Scheme

12/10/2020

Possible lengthening of the debt relief programme by MAS and financial institutions are being considered. Feel free to contact us if you are needing financial consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! MAS, banks said to be in talks to extend debt relief scheme

SME business sentiment sinks to all-time low

12/10/2020

Covid-19 pandemic has induced uncertainty over prospects for global growth and economic activity, thereby bringing about a dampening of SME prospects. Local businesses need to actively look for suitable digitization solutions and think out of the box for new business opportunities. Feel free to contact us if you are needing consultancy at +65 66363691, +65… View Article

Lifting of restrictions for business meetings

09/10/2020

A welcomed lifting of restrictions for business meetings at this stage of Phase 2. Physical AGMs of not more than 50 pax can now take place in the office, with safe distancing measures applied. Need the latest Corporate Secretarial Practices advisory? Contact us as your one-stop Solutions Provider at +65 66363691, +65 9326 2271 or… View Article

DPM Heng’s Ministerial Statement

07/10/2020

Some measures announced by DPM Heng on Monday: Enhanced Training Support Package extended until June 2021, to provide course fee subsidies for firms in the hardest-hit sectors. Persons with disabilities will receive the higher tier of 50 per cent wage support under the Jobs Growth Incentive, which encourages firms to hire locals. For firms seeking… View Article

Singapore core inflation stays negative

05/10/2020

Inflation remains negative in the wake of cautious and dampened demand in the pandemic environment. For financial analysis and affordable accounting and tax services, approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Singapore core inflation stays negative but eases slightly in August

FinCEN leaks: suspicious transactions in SG

02/10/2020

Source of funds and unusual funds quantum are reviewed by banks for suspicious transactions. For proper internal process consultancy, approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! FinCEN leaks: DBS, CIMB and Deutsche among banks in S’pore that handled about $6 billion in suspicious transactions