Singapore rolls out new budget boost for virus-hit businesses

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SINGAPORE (AFP) — Singapore on Tuesday unveiled a fresh multi-billion-dollar package to help pandemic-battered businesses and fund a vaccination drive, as part of the city-state’s annual budget. The coronavirus has plunged the financial hub into its worst-ever recession, with the crucial aviation and tourism sectors hit particularly hard as global travel ground to a halt. Finance Minister Heng Swee Keat announced the new package totalling Sg$11 billion (US$8.3 billion) as he unveiled the budget in […]