COVID-19 Budget: Government fees and charges frozen for one year, late payment charges on HDB mortgage arrears suspended for 3 months.

No property tax for commercial properties badly hit by the outbreak, landlords urged to pass on rebate to tenants by reducing rentals.

Support for aviation sector

1. Enhanced Jobs Support Scheme to help businesses whose activities are based principally in the aviation sector retain their local workers.
For every local worker in employment, he will provide a total of 75 per cent wage offset for the first $4,600 of monthly wages.

Mr Heng says this will be paid in the same months as the main Jobs Support Scheme pay-outs. This enhancement will cost the Government more than $400 million.

2. $350 million enhanced aviation support package to fund measures such as rebates on landing and parking charges, and rental relief for airlines, ground handlers and cargo agents.

He says this will also allow Singapore to retain a minimum level of connectivity to the world during the pandemic, and will enable overseas Singaporeans to return home and keep the country's supply lines for essential goods open.

https://www.straitstimes.com/singapore-supplementary-budget-2020-live-blog

[COVID-19 Budget] Sectors that involve high level of human interaction

1. Enhanced Jobs Support Scheme for F&B firms, providing a total of 50 per cent wage offset for the first $4,600 of monthly wages.

2. Taxi and private-hire car (PHC) drivers have seen their takings fall significantly, so the Government will extend and enhance the Point-to-Point Support Package. This will cost the Government another $95 million.
DPM Heng says eligible taxi hirers and PHC drivers will continue to receive the Special Relief Fund payments of $300 per vehicle per month until end-September.

3. To help private bus owners, he will provide them with a one-year road tax rebate and a six-month waiver of parking charges at government-managed parking facilities. This will cost the Government $23 million.

[COVID-19 Budget]

There will be an additional $55 million support package for the arts and culture sector to save jobs and support upskilling and digitalisation of the sector.

COVID-19 has shown the need for resilient supplies of food and essential items. Mr Heng says he will set aside S$1.9 billion to build resilience in the economy and society.

Singapore will:
- Continue to invest in long-term capabilities for growth
- Build up national stockpile of health supplies, including masks and sanitisers
- Strengthen food resilience: aiming to produce 30 per cent of our nutritional needs by 2030

"We have saved up for a rainy day. The COVID-19 pandemic is already a mighty storm and is still growing,"says Mr Heng.

"It is a 'black swan' event that comes only once every few decades."

The Government has obtained the President's in-principle support to draw up to S$17 billion to fund the additional measures under these "exceptional circumstances".

The only other time Singapore had drawn on past reserves was during the global financial crisis, when President approved S$4.9 billion to be drawn.

“Should it become necessary, I am prepared to propose to the President further draws on past reserves to deal with the situation.”

https://www.channelnewsasia.com/news/singapore/covid19-coronavirus-stimulus-budget-heng-swee-keat-parliament-12571140