As Singapore continues its fight against the ongoing COVID-19 Pandemic, many have come together to show their support and solidarity with us. One of which was Switzerland, who illuminated the Swiss Alps with projections of images, including the flags of countries around the world. On 25 April, they projected Singapore's flag onto the alps, along with a message of solidarity, "In the city-state Singapore, different ethnic groups live together peacefully. The country is well organized and clean: similar characteristics are attributed to Switzerland. We show solidarity with the people of Singapore and send a sign of hope." On 25th April, [...]

1.    The Government is extending the Circuit Breaker period by another four weeks until 1 June 2020 (inclusive). They will monitor the situation closely, and may be able to gradually ease some of the measures if there is a significant decline in our local transmission numbers. 2.    The Government will provide the same level of support to workers and businesses for the extended Circuit Breaker period. Tightened list of essential services and measures for workplaces that remain open 3.    The Multi-Ministry Taskforce has announced that fewer businesses will be permitted to operate during the Circuit Breaker. This will further reduce the [...]

Deputy Prime Minister and Finance Minister Heng Swee Keat introduced the Solidarity Budget yesterday, 6 April 2020. The Solidarity Budget measures are in response to the circuit-breaker measures announced and are over and above those introduced under Budget 2020 and the Resilience Budget.   The attached booklet and infographics from the Ministry of Finance (MOF) gives businesses an overview of the various measures. You may wish to visit https://www.singaporebudget.gov.sg/budget_2020/solidarity-budget to read DPM’s speech in full and refer to the Budget Annex for more details on the measures announced.   Solidarity Budget Booklet Solidarity Budget Infographic Infographic on support for businesses [...]

The Ministry of Law will be passing a new legislation, entitled “COVID-19 (Temporary Measures) Bill”.   The new law will enable companies’ whose businesses have been adversely affected by Covid-19 to seek relief from fulfilling their contractual obligations such as paying rent, paying instalments on bank loans, fulfilling their construction contracts, etc for a period of six months. The bill will be read in Parliament and come into effect in mid-April. This legislation should be seen as part of an overall package containing the two budgets and the measures from MAS and the banks.   The objectives of the Bill [...]

In view of current COVID-19 situation, CDAS has decided to put in place additional stricter precautionary measures following MOM’s guidelines to reduce risk of further local transmission of COVID-19. Thus, please be informed that with effect from 6 April 2020, all CDAS secretariat will be adopting a work-from-home practice until further notice. Rest assured that our operations remain unaffected, and that we will continue to serve the industry and maintain our daily operations via emails, telephone and video conferencing. We will also remain reachable via all of our existing telephone lines. Your kind understanding will be most appreciated. For any [...]

The Ministry of Law has just announced its intention to introduce the “COVID-19 (Temporary Measures) Bill”. The Bill will enable companies’ whose businesses have been adversely affected by Covid-19 to seek relief from fulfilling their contractual obligations such as paying rent, paying instalments on bank loans, fulfilling their construction contracts, etc for a period of six months.   The Bill will cover the following categories of contracts: Leases or licences for non-residential immovable property (e.g. lease for factory premises); Construction contract or supply contract (e.g. contract for the supply of materials); Contracts for the provision of goods and services (e.g. [...]