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 ...
Singapore expects 1% to 3% economic growth in 2024 as DPM presents 2024 budget bill in Parliament
Singapore is cautiously optimistic about 2024 and expects higher gross domestic product (GDP) growth at 1 per cent to 3 per cent, Deputy Prime Minister Lawrence Wong said on Friday.
Singapore eyes corporate tax rise, AI investment in 2024 budget
SINGAPORE -- Singapore is set to raise corporate taxes on multinationals from the start of next year while it will beef up efforts to become an artificial intelligence hub, Finance Minister Lawrence ...
Budget 2024: Property taxes to go down for some home owners with raising of annual value bands
The government will monitor the market and give another property tax rebate next year if necessary, says Deputy Prime Minister Lawrence Wong. ( read original story ...)
Best Credit Card Promotions in Singapore (Feb – May 2024): Citibank, DBS, HSBC, UOB, and More
When it comes to credit card promotions these days, we’re spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...
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 ...
Singapore pledges to support households and companies as costs rise
The government will provide more vouchers and cash handouts to Singaporean households, as well as rebates for utility bills. Companies will also get corporate tax rebates.
S$600 more CDC vouchers, U-Save rebates for Singaporean households announced in Singapore Budget 2024
Besides CDC vouchers, eligible Singaporean HDB households will also get more U-Save rebates. What else was announced in Budget 2024?
Budget 2024: Singapore to introduce new refundable tax credit to attract high-quality investments
The new Refundable Investment Credit, which works as a tax credit with a refundable cash feature, will aim to support “high-value and substantive economic activities”, says Deputy Prime Minister and ...
Singapore economic outlook for 2024 mixed, says finance minister
Singapore Finance Minister Lawrence Wong on Friday told parliament the country's economic outlook appeared mixed in 2024, but he was cautiously optimistic it would be a better year for the city-state.
Singapore to announce ‘temporary financial support scheme’ for retrenched workers later this year: Budget 2024
The Singapore government will announce details of a temporary financial assistance scheme later this year, says Deputy Prime Minister Lawrence Wong in his Budget 2024 speech on Feb 16.
Singapore budget focuses on relief for households, businesses amid rising costs: ‘we have your backs’
Measures such as US$445 for each household, and rebates for businesses, would provide ‘near-term relief’, No 2 leader Lawrence Wong said.
Budget 2024: Forward Singapore a ‘crucial road map’ to chart the way through less stable external environment
SINGAPORE will have to operate in an external environment that is “less stable and favourable” for some time, making the Forward Singapore exercise a crucial road map for the country’s way forward, ...
Singapore economic outlook for 2024 is mixed – finmin
Singapore Finance Minister Lawrence Wong told parliament on Friday that the city-state's economic outlook appeared mixed in 2024. In presenting the 2024 budget to parliament, he said Singapore ...
Singapore Budget 2024 key announcements and highlights
Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2024 Budget statement in Parliament on Feb 16.