The inititiative aims to ensure a global minimum effective tax rate of 15 per cent for large MNEs. Read more at straitstimes.com.
Here Are the Winners and Losers From Singapore’s Budget
Singapore’s budget measures aimed at reducing the cost of living may benefit consumer and health-care stocks, while multinational companies will face greater tax pressures. Finance Minister Lawrence ...
Budget 2024: Singapore to provide 50 per cent personal income tax rebate for Assessment Year 2024
In light of concerns of the cost of living in, Singapore will provide a personal income tax rebate of 50 per cent for the Assessment Year 2024. This will be capped at S$200, said Deputy Prime Minister ...
Singapore to expand 2024 spending, enforce global minimum tax
Singapore's Finance Minister Lawrence Wong on Friday announced expanded government spending to help households battle inflationary pressures in the city-state, but promised a balanced budget in the ...
An Economist Answers Singapore’s Burning Questions Ahead of Budget 2024
Are higher taxes all that bad? What's the deal with all the family offices here? We get leading economist Manu Bhaskaran to demystify common finance and policy questions ahead of Budget 2024. The post ...
Singapore NODX Data Due On Friday
Singapore will on Friday release January figures for non-oil domestic exports, highlighting a modest day for Asia-Pacific economic ...
The Body Shop’s Singapore franchise not affected by UK business entering administration
SINGAPORE – It is business as usual at the Singapore franchise for cosmetics and skincare brand The Body Shop, despite its beleaguered British business entering administration. All 30 stores here ...
6 in 10 Singapore firms terminated, disciplined execs over unethical behaviour: survey
Six in 10 organisations in Singapore have terminated or disciplined an executive or high-performing employee due to unethical behaviour in the past year. This is higher than the 40% average recorded ...
Global crypto laundering amount in 2023 falls as trading activity slows
But the total amount laundered via crypto has risen since 2019, from US$11.1 billion to US$22.2 billion. Read more at straitstimes.com.
Why Singapore is quickly becoming the choice location for firms to support global carbon markets
Singapore's commitment to carbon reduction is attracting many companies to the region.
Singapore middle distillates stocks soar to 3-month high as net exports dip
Regional cargoes from South Korea and China however will likely still be routed to Singapore. "Continued high imports into Singapore are anticipated, particularly as regional freight rates show signs ...
Power cuts, cyberattacks staged across Singapore to mark 40 years of total defence
More than 500 organisations are participating in Exercise SG Ready through simulated disruptions of power, water, food and digital connectivity.
Singapore unit labour cost climbs at slower pace in 2023, could ease further in 2024: MTI
MTI said the growth in pay per worker is likely to soften amid easing labour market tightness. Read more at straitstimes.com.
Singapore firms’ Budget 2024 wishlist
Ahead of the Budget 2024 speech, Singapore firms from different sectors have laid out their Budget 2024 wishlist. Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore’s ...
45% Singapore businesses want more support from Budget 2024 to manage high inflation
SINGAPORE: United Overseas Bank’s latest business outlook report has shown that nearly half of the businesses (45 per cent) would like to see more support measures to cope with high inflation from ...
Singapore’s Job Market Displays Positive Growth Trends and Hiring Sentiment for 2024: Reeracoen Survey
A recent survey by Reeracoen, a leading provider of human resource services in Singapore, provides insightful revelations about employers' hiring motivations and workforce plans across 30 industries ...