The Ministry of Finance said that the errors were discovered in November when it found inconsistencies in the application of GST on certain government fees.
Crypto market value climbs back above US$2 trillion in broad rally
SINGAPORE - Bitcoin hovered around US$52,000 (S$70,115) after a broad cryptocurrency rally that saw Ether, the second-biggest token, advance back to where it was before the TerraUSD stablecoin ...
Singapore key exports shrank 13.1% in 2023 on weak electronics, petrochemical demand
SINGAPORE - Non-oil domestic exports (Nodx) shrank by 13.1 per cent in 2023 amid weak demand worldwide for electronics and petrochemicals - two of Singapore’s key exports. Read more at ...
Singapore economy grew 1.1% in 2023: Data
Singapore's economy grew less than expected due to geopolitical risks and weaker global demand for exports. Slower growth in 2022 and 2021 followed a ...
SpeQtral Unveils TarQis – a Mobile Quantum Optical Ground Station (Q-OGS)
SpeQtral, a leader in quantum communications technology, announces the launch of TarQis, a Mobile Quantum-Optical Ground Station (Q-OGS) designed to lower the barriers for access to secure ...
Failed investment in Michelin Bib Gourmand prawn noodle sours 30-year friendship
SINGAPORE - The owner of a well-known hawker stall selling prawn noodles in Zion Road decided to go into business with a childhood friend to open a restaurant in South Bridge Road, after turning down ...
Singapore shares rise on Thursday after GDP data; STI up 0.3%
SINGAPORE stocks rose on Thursday (Feb 15) morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates. Read more at The Business Times.
Singapore maintains 2024 GDP forecast at 1-3% after economy grew 1.1% last year
SINGAPORE: Singapore has maintained its growth forecast for 2024 at a range of 1 to 3 per cent, as data on Thursday (Feb 15) showed the economy growing slightly slower than expected last year. The ...
Singapore’s economy grew 2.2% in the fourth quarter, slower than forecast
On the whole, the Singapore economy grew 1.1% in 2023, slower than the 3.8% expansion in 2022. The growth in 2023 was largely driven by information and communications and transportation and storage ...
Singapore economy grows 2.2% y/y in Q4, lower than estimate
Singapore's economy grew 2.2% on a year-on-year basis in the fourth quarter of 2023, government data showed on Thursday, lower than the advanced growth estimate of 2.8% released last month.
Singapore’s budget to focus on cost of living, employment in test for 4G leaders amid ‘uncertain era’, analysts say
Economists expect fewer handouts this year, after last year's budget focused on social policies and cushioning inflation and a higher GST Recommendations from the nationwide feedback exercise Forward ...
Singapore domestic exports declined 13.1% in 2023 on weak electronics
SINGAPORE - Non-oil domestic exports (Nodx) shrank by 13.1 per cent in 2023 amid weak demand worldwide for electronics and petrochemicals - two of Singapore’s key exports. Read more at ...
Singapore economy grew 1.1% in 2023; MTI keeps 2024 growth forecast at 1% to 3%
The pace of growth for most sectors in the economy is expected to moderate from that in 2023. Read more at straitstimes.com.
Singapore’s 2023 GDP growth revised down marginally to 1.1%; 2024 forecast kept at 1 to 3%
SINGAPORE’S economy grew 1.1 per cent in 2023, revised down marginally from advance estimates, data from the Ministry of Trade and Industry (MTI) showed on Thursday (Feb 15). Read more at The Business ...
Idemia’s automated biometric lanes to open to all foreigners entering Singapore
Idemia has had a presence in Singapore airports since 2017, when it began providing biometrics for border checks at Changi Airport.
Ex-CEO loses lawsuit against hawker after failed S$350,000 investment in prawn noodle business
Mr Tan Cheng Soon Don sued his hawker friend, Mr Teo Aik Hua of Zion Road Big Prawn Noodle, after their joint venture failed.