What's Next: Feb 29, 2016

Indian Finance Minister Arun Jaitley (left) holds a pre-budget consultation meeting with state finance ministers in New Delhi, on Feb 6, 2016.
Indian Finance Minister Arun Jaitley (left) holds a pre-budget consultation meeting with state finance ministers in New Delhi, on Feb 6, 2016. PHOTO: AFP

It's India's Budget Day

Indian Finance Minister Arun Jaitley will present the national Budget today, with investors looking for concrete reforms from the business-friendly government. There are hopes that it will move to overhaul a complex corporate-tax regime seen as off-putting to investors. It remains to be seen whether Mr Jaitley will look to relax the stringent fiscal deficit-reduction target for next year.


Ministers to speak on boy's death

Two ministers will address Parliament today on the death of a 14-year-old schoolboy who was being investigated by police, which made headlines in recent weeks. MPs have also asked questions about measures to protect Singaporeans against the Zika virus and the proposed alignments of the Cross Island Line.

Associate Professor Daniel Goh of the Workers' Party will be sworn in as the third Non-Constituency MP today.


Oil and gas firms release results

Several oil and gas companies will be releasing their latest financial reports today, giving a clearer picture of how much impact the rout in oil prices has had on the downstream activities of the sector.

Offshore support vessel firm Vard, oil and gas firm Ezion as well as Mermaid Maritime will release their results today, as investors look at the damage tallied up.

A version of this article appeared in the print edition of The Straits Times on February 29, 2016, with the headline 'What's Next: February 29, 2016'. Print Edition | Subscribe