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Posted on 16/02/2024

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 ...

Posted on 16/02/2024

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 ...

Posted on 16/02/2024

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.

Posted on 16/02/2024

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?

Posted on 16/02/2024

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 ...

Posted on 16/02/2024

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.

Posted on 16/02/2024

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.

Posted on 16/02/2024

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.

Posted on 16/02/2024

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, ...

Posted on 16/02/2024

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 ...

Posted on 16/02/2024

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.

Posted on 16/02/2024

Budget 2024: Singapore to enable broadband speeds 10 times faster than current standards

SINGAPORE will allocate additional resources to upgrade its national broadband network, said Finance Minister Lawrence Wong on Friday (Feb 16). Read more at The Business Times.

Posted on 16/02/2024

Budget 2024: Start-ups hope for support in digitalisation, upskilling and overseas expansion

This is in the light of global challenges and rapid technological advancements. Read more at straitstimes.com.

Posted on 16/02/2024

China property risks and Fed pivot puts pressure on HSBC, StanChart

HSBC Holdings Plc and Standard Chartered Plc may spell out the risks brought on by their China property operations and a Federal Reserve pivot when they report earnings. Slimmer margins are predicted ...

Posted on 16/02/2024

Futures to Asia’s Major: Miranda Wang ready for HSBC Women’s World Championship

SINGAPORE: Joining the elite field and making her debut at the 2024 HSBC Women’s World... The post Futures to Asia’s Major: Miranda Wang ready for HSBC Women’s World Championship appeared first on The ...

Posted on 16/02/2024

SIC flags breaches by advisers DBS, Allen & Gledhill during 2022 Mapletree merger

LAW firm Allen & Gledhill (A&G) and DBS were found to have breached the Singapore Code on Take-overs and Mergers while acting as advisers to Mapletree Commercial Trust’s (MCT) manager during the trust ...

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