A high-tech fish farm floats just off the coast of Singapore, part of a plan by a retired engineer who once built oil rigs to bring diners cleaner, healthier seafood."There is a great difference in ...
Singapore Exports Returned to Growth, Signaling End of Trade Slump
The country’s non-oil domestic exports returned to growth in January in a surprising show of strength.
Singapore key exports to rebound in 2024 after 13.1% fall in 2023 on weak global demand
But EnterpriseSG upgraded its full-year 2024 forecast for non-oil domestic exports to 6 per cent growth. Read more at straitstimes.com.
Singapore billionaire Wee Cho Yaw, ex-UOB chairman dies at 95
Billionaire Wee Cho Yaw (pic), chairman emeritus and honorary adviser of UOB, has died at the age of 95. The bank announced Wee’s death in a statement on Facebook yesterday.
Singapore’s budget has ‘something for everyone’ amid rising living costs. Does move signal an election is near?
Measures such as US$445 for each household, and rebates for businesses, would provide ‘near-term relief’, No 2 leader Lawrence Wong said.
Singapore to invest over $1 billion in AI over the next five years: Budget 2024
It will also upgrade the national broadband network to ensure that it can effectively support AI development and deployment.
Budget 2024: 6 key takeaways, from CPF changes to more CDC vouchers and less property tax
SINGAPORE: Deputy Prime Minister Lawrence Wong on Friday (Feb 16) announced several financial measures to help both Singaporeans and businesses in his Budget speech. These included more payouts to ... ( read original story ...)
Anchor Fund @ 65 and Growth IPO Fund invest in 9 companies; preparing them for IPO
A TOTAL of nine companies have already received investments from two funds that were established in 2022 to support high-growth enterprises to raise capital in Singapore’s public equity market. Read ...
Budget 2024: Some homeowners to pay lower property tax with raising of annual value bands from 2025
The lowest threshold will be raised from $8,000 to $12,000 and the highest band from over $100,000 to over $140,000 from 2025. Read more at straitstimes.com. ( read original story ...)
Budget 2024: Property tax to go down for some home owners with raising of annual value bands
SINGAPORE — Some home owners will pay less property tax when the annual value (AV) bands for owner-occupied properties are raised next year. ( read original story ...)
Singapore to Raise Bar for Property Taxes Amid Affordability Hit
Singapore will raise the threshold for property tax payments and lower a penalty imposed on developers that don’t sell projects in time, underscoring concerns about the slowing real estate market and ... ( read original story ...)
Singapore Sets Sights on Corporate Tax Hike and AI Investment in 2024 Budget
Singapore's 2024 budget focuses on corporate tax hikes and a $1B AI investment to boost growth and technological leadership.
Singapore pledges to support households and companies as costs rise; expects budget surplus in 2024
Companies in the city-state will also get more support amid higher business costs, Wong said, announcing the Enterprise Support Package worth SG$1.3 billion. All companies in Singapore will get a 50% ...
Budget 2024: Singapore to move ahead with corporate tax reform under global initiative
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 ...
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.