WHILE jurisdictions elsewhere have introduced or are planning measures similar to Singapore’s new Refundable Investment Credit (RIC) scheme, the city-state’s strong track record and fiscal ability, ...
Scam victims in Singapore lost S$651.8 million in 2023, with record high cases
DESPITE numerous media reports and warnings by the authorities about scams, the number of scam cases here hit a record high in 2023, with 46,563 cases reported. Read more at The Business Times.
Singapore finance minister announces expanded social, corporate support in 2024 budget
Singapore's Finance Minister Lawrence Wong on Friday told parliament the 2024 budget would boost spending to counter inflationary pressures on households and businesses in the city-state as its ...
Singapore bags S$750 million in aerospace investment commitments, 2,500 jobs to be filled: EDB
SINGAPORE has bagged over S$750 million in investment commitments from more than 10 aerospace projects. The sector is also expected to hire over 2,500 roles over the next three to five years. Read ...
Retail investors net buy S$1 billion of Singapore stocks in early 2024
THE net institutional fund flows for the first six weeks of 2024 showed a similar trend as the same period in 2023, with net withdrawals of S$463 million. This was slightly higher than the net ...
S$40b to be spent on Forward Singapore exercise a very significant signal: Analyst
The announcement that S$40 billion will be spent by the end of the decade in the Forward Singapore exercise, has been described as a very significant signal. Political analyst Eugene Tan says it also ...
Singapore to Invest Over $743 Million in AI in Five Years
Singapore has announced a major investment in artificial intelligence (AI), with more than $1 billion earmarked over the next five years to propel the city-state to new heights in AI development.
Commentary: Budget 2024 – Remaking Singapore, one Budget at a time
In seeking to remake Singapore root and branch, Budget 2024 has set the tone for subsequent Budgets, says SMU associate professor of law Eugene Tan.
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.
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 ...
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 ...
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 ...
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 ...