Singapore: Revised Q2 GDP contracted 0.2% – UOB

UOB Group’s Senior Economist Alvin Liew comments on the revised Q2 GDP figures in Singapore. “Singapore’s final 2Q 2022 GDP was revised lower sequentially to a contraction of 0.2% q/q SA (versus ... ( read original story ...)

Steps To Set Up A New Business In Singapore

You have done 9 to 5 jobs for years, gathered some money, and now it is time to set up a business. Singapore is a great option to consider for starting a business thanks to its favourable tax ... ( read original story ...)

Singapore’s Next Big Challenge Is Already Here

To listen to Singapore’s leader, the Bank of England nailed it. The UK central bank’s warning of a tough new era that sent shockwaves through the world of monetary economics resonated in the ... ( read original story ...)

Singapore’s Olam posts rise in first-half profit

Commodity trader Olam Group Ltd OLAG.SI on Friday posted a 1.8% rise in net profit for the first half of fiscal 2022, driven by a strong performance in its Olam Agri business. " Olam Agri is poised to ... ( read original story ...)

Preparing for Singapore’s GST changes

The first major change is that beginning January 1, 2023, Singapore’s GST rate will increase from 7% to 8%. Then in January 2024, it will increase again from 8% to 9%. The duty de minimis, however, ... ( read original story ...)