Terence Wong, CFA
CEO and Executive Director
Monster budget targeted to help retail and F&B
Feb 17, 2020
Tomorrow’s Budget is going to be the most closely watched in years, as it will be unleashed during extraordinary circumstances. Will desperate times call for desperate measures? I believe that this year’s Budget will be bigger, bolder and dare I say, a blockbuster.
Finance Minister Heng Swee Keat pledged more support for those hit hard by the Covid-19 outbreak, particularly the retail and F&B sectors. Let’s hope it is going to be sufficient to help restaurant owners like Tung Lok’s CEO Andrew Tjioe manoeuvre out of this crisis.