Survey on Budget 2009 & Business Sentiments

You may click at the following links below to download the key budget initiatives relating to business.

1) http://www.sbf.org.sg/download/docs/survey/FY2009keybudget1.pdf
2) http://www.sbf.org.sg/download/docs/survey/FY2009keybudget2.pdf
3) http://www.sbf.org.sg/download/docs/survey/FY2009keybudget3.pdf

Budget 2009:
A Resilience Package totaling $20.5 billion was announced in Budget 2009.

General
1. The component of the Resilience Package that has been most useful to my company is (tick only 1):

Jobs for Singaporeans (job Credit, SPUR and WIS Special Payment)
Stimulating Bank Lending
Enhancing Business Cashflow and Competitiveness
Supporting Families
Building a Home for the Future

Preserving Jobs for Singaporeans
The Government has introduced a temporary Jobs Credit Scheme where employers would receive a 12% cash grant on the first $2500 of each month's wages for each employee on their CPF payroll. The first Jobs Credit Payment had been made on 31 March 2009.

2. The Jobs Credit Scheme will / had (tick 1 or more):

Provide(d) cash grant for new hires, pls specify no. of new hires:
Enable(d) my company to retain jobs, pls elaborate (state no. & job titles):
Enable(d) my company to stop retrenchment plan, pls elaborate (state no. & job titles):
Enable(d) my company to defer retrenchment plan, pls elaborate (state no. & intended date of retrenchment):
Reduce(d) the size of retrenchment plan, pls specify no. of jobs saved and date of retrenchment):
Help(ed) in other ways, pls state what the cash grant would be used for. eg, training:
not have any impact, pls state reason:

The Skills Programme for Upgrading and Resilience (SPUR) encourages companies to send their workers to undergo training and upgrade their skills. The Budget has made enhancements to SPUR, egs. Increasing the course fee subsidies for Professionals, Managers, Executives & Technicians (PMET)-level courses from 80% to 90%, Selected tertiary courses at UniSIM and the 3 publicly funded universities would be made available under SPUR.

3. With the enhancements to SPUR, my company had (tick 1 or more):

Sent employees for retraining and upgrading (state no. & type of training):
Intentions to send more PMETs for retraining and upgrading (state no. & approximate date of training):
Not sent any employees for retraining and upgrading, pls state reason:

4. In my view, the measure that has best helped Singaporeans stay employed is (tick only 1):

Jobs Credit
Enhancing SPUR
Expanding recruitment across the public sector
Others, pls specify:

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