SINGAPORE’s carbon tax needs to go even higher to accelerate climate action to address global warming, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), said on Monday ...
Singapore business confidence for Q1 2024 continues recovery
SINGAPORE - Local business sentiment is improving for the second consecutive quarter as firms look ahead to the first three months of 2024, amid mixed outlooks for different sectors. Data from the ...
T-bills in Singapore: What it is, how to buy and the latest cut-off yield (28 November 2023)
The latest six-month Treasury Bills (T-bills) issued on 28 November 2023 had a cut-off yield of 3.8 per cent per annum, and the cut-off price was 98.105.With a S$13 billion applied amount, the total ...
IRA announces property tax rebate for 2024 to alleviate impact of increases
SINGAPORE: On Thursday, Nov 30, the Inland Revenue Authority (IRA) announced the property tax rebate for 2024 to alleviate the impact of increases in property taxes. In the coming year, property taxes ...
Mercosur to sign trade deal with Singapore
Brazil’s exports to Singapore amounted to $8.345 billion—of which US$5.77 billion corresponds to refined and crude oil, while Singaporean imports of Brazilian products amounted to around $1 billion.
India resumes imports of Venezuelan oil, Reliance seeks direct deal
Indian refiners have resumed buying Venezuelan oil through intermediaries, with Reliance set to meet executives from state firm PDVSA next week to discuss oil sales following the easing of U.S.
VTAC shareholders vote to buy live-streaming app 17Live for Singapore’s first Spac merger
SINGAPORE – Shareholders of Temasek-backed Vertex Technology Acquisition Corporation (VTAC) have voted to merge with Taiwanese live-streaming platform 17Live to become Singapore’s first special ...
Singapore stocks end higher amid mixed regional trading, STI up 0.6%
Key regional indexes had mixed trading, despite November being Wall Street’s best month in over a year. The Nikkei 225 and Australian shares both fell 0.2 per cent, the Hang Seng was down 1.3 per cent ...
Singapore property tax for most homes to increase in 2024, government to give up to 100% rebate
SINGAPORE – Property tax (PT) in Singapore is set to go up as the annual values (AV) of Housing and Development Board (HDB) flats and most private residential properties will increase with effect from ...
Singapore ties with Zurich as world’s most expensive city to live while Hong Kong slips one spot to fifth in latest EIU study
The city state took pole position for the ninth time in 11 years while Hong Kong slipped one notch to rank fifth among 173 countries, according to a study by the Economist Intelligence Unit (EIU).
Property tax to go up for most homes again in 2024; government will give one-off rebate of up to 100%
Property taxes for most homes similarly went up in 2023 following a yearly review of properties’ annual values, which are used to compute the tax payable by property owners. The government provided a ...
One-off rebate for owner-occupied homes in 2024 to cushion impact of property tax rises: MOF, Iras
SINGAPORE — A one-off property tax rebate for owner-occupied homes, ranging from 100 per cent for the smallest public flats to 15 per cent for private properties, will be given next year to offset the ...
Singapore’s real median incomes dipped 2.3pc in 2023 due to high inflation, but expected to ease next year
With high inflation in 2023 eating into the spending power of Singapore residents, the real incomes for workers at the 20th per centile fell by 3 per ...
I’ve lived between Singapore and NYC my entire life. Here are 3 ways the latter is better, and one way it isn’t.
I've lived in New York City and Singapore. I think the former has the better culture and career opportunities, though the latter has the better food.
Singapore is once again the world’s most expensive city to live in, EIU says
Syetarn Hansakul of the Economist Intelligence Unit explains the factors behind Singapore's position ... snow blankets the Northeast as storm snarls morning commute 4 Lucrative Tax Deductions That ...
2 trucks checked at Woodlands Checkpoint found illegally importing 1.1 tonnes of veggies and fruits
Two trucks checked at Woodlands Checkpoint were found be illegally importing from Malaysia about 1.1 tonnes of vegetables and fruits. The Singapore Food Agency (SFA) and the Immigration & Checkpoints ...