18 Feb '12, 3am

What entrepreneurs should know about Singapore Budget 2012

What entrepreneurs should know about Singapore Budget 2012 February 18, 2012 by Terence LEE Yesterday, Singapore’s finance minister, Tharman Shanmugaratnam, unveiled the Singapore Budget 2012 , which he calls the “budget for the future”. As prosperous as the nation is, Singapore is under pressure. Abroad, Singapore’s cautiously optimistic economic outlook this year is tempered by the uncertainty of global events, which include a recovering but weak US economy, a debt-ridden Europe, and an Iran that is threatening to blockade the Strait of Hormuz, a move that would send oil prices soaring. Locally, the government is facing pressure to revamp its economic model, by cutting its addiction to cheap foreign labor and raising the productivity level of its workers. It also faces political pressure to help lower-income families and the disadvantaged. Entrepreneurs play a vital role...

Full article: http://sgentrepreneurs.com/commentary/2012/02/18/what-ent...

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The Budget 2012 debate live here

singaporebudget.gov.sg 17 Feb '12, 7am

Home » Singapore Budget » Webcast Webcast Budget Speech 2012 Live Webcast High Res | Low Res System Requirements to view t...

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