Feb.19 -- Singapore Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a surprise hike in property levies, as he seeks to shore up savings to cope with a rapidly aging population. Bloomberg's Haslinda Amin reports ... ( read original story ...)
Singapore Budget 2018: 9 things that will affect households and Singaporeans
SINGAPORE - Finance Minister Heng Swee Keat presented the Budget before Parliament on Monday (Feb 19), laying out the Government's revenue and expenditure for the 2018 financial year. The crop of announcements included raised GST, enhancements to the ... ( read original story ...)
What You Need to Know About the Singapore Stock Market Today
Welcome to a brand-new week, everyone. Here are three things about the local stock market that you might be interested in today. 1. The local stock market, as represented by the Straits Times Index (SGX: ^STI), ended Monday at 3,488, up 1.3% or 44 points. ( read original story ...)
Live Blog: Singapore Budget 2018
Singapore Finance Minister Heng Swee Keat is set to unveil on Monday (19 February) the proposed Budget for the fiscal year starting 1 April 2018. Many economists believe the government will announce a hike in the goods and services tax (GST) by one ... ( read original story ...)
Singapore Budget 2018: Live Updates & Commentary
Singapore Budget for 2018 will be presented by Minister of Finance Mr Heng Swee Keat later today at 3.30pm. DollarsAndSense will also be providing live updates on announcements made, as well as our early analysis and thoughts on new initiatives that will ... ( read original story ...)
Singapore Budget 2018: Infrastructure Office, scheme to help companies forge strong regional partnerships
SINGAPORE - With the shift in global economic weight towards Asia, Finance Minister Heng Swee Keat unveiled two measures on Monday (Feb 19) to spur Singapore businesses to develop strong partnerships, both locally and abroad. The Government will integrate ... ( read original story ...)
Singapore Budget 2018: Carbon tax of $5 per tonne of greenhouse gas emissions to be levied
SINGAPORE - All facilities producing 25,000 tonnes or more of greenhouse gas emissions in a year will have to pay a carbon tax from 2020, Finance Minister Heng Swee Keat announced on Monday (Feb 19). The carbon tax will initially be $5 per tonne of ... ( read original story ...)
Carbon tax to affect electricity and gas expenses of Singapore households: Budget 2018
... a carbon tax from 2019 – a tax that is expected to affect the electricity and gas expenses of all households in Singapore. Finance Minister Heng Swee Keat confirmed this as he delivered the Budget 2018 speech this afternoon. The Minister said in his ... ( read original story ...)
Singapore property stocks show `fatigue’ with surge in enblocs
SINGAPORE: A spate of enbloc sales, coupled with a rebound in the property market at the start of the year, may indicate that Singapore developers will be more cautious in adding to landbanks and about their pricing strategies, analysts say. Collective ... ( read original story ...)
Minister Robertson to visit South Korea and Singapore
Minister of Finance, and Sport and Recreation, Grant Robertson, today departs for the Republic of Korea and then Singapore to meet with political and business leaders and to attend the Winter Olympic Games. In the Republic of Korea, Minister Robertson will ... ( read original story ...)
Singapore Bourse May Add To Its Winnings
Ahead of Friday's holiday for the Lunar New Year, the Singapore stock market had bounced higher on Thursday - one session after it had ended the two-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now ... ( read original story ...)
Singapore Exchange To List Successors To Nifty Derivative Products By August
SINGAPORE (Feb 19) -- Singapore Exchange said on Monday it would list successors to its popular Nifty 50 suite of derivative products before August when a license deal with India's National Stock Exchange expires. Market participants will be able to ... ( read original story ...)
StarHub CEO buys $518,000 worth of shares as stock falls to 6-month low
SINGAPORE - StarHub chief executive Tan Tong Hai bought more than half a million dollars' worth of the company's shares on the open market on Thursday (Feb 15) as the stock fell to a six-month low. Shares in the telco reached a low of $2.56 on Thursday ... ( read original story ...)
Last Week in Numbers: Singapore’s Non-Oil Exports Rose in January
Singapore’s non-oil exports (NODX) rose by 13% from a year ago in January. This also represented a 3.1% increase from December. It follows a strong 2017 when NODX grew by 8.8% for the full year. January’s year-on-year growth was due in part to a 20.7% ... ( read original story ...)
Investors placed $14.56b in Singapore property
It took the 10th spot as the most active real estate city in the world. Singapore jumped five places to the 10th in JLL's rankings of the most active countries in terms of real estate investment. According to its global capital markets report, a total of $ ... ( read original story ...)
“Aggressive” hiring in Singapore as demand spikes for China-coverage bankers
The boom in demand for China coverage bankers is spreading from Hong Kong to Singapore. https://news.efinancialcareers.com/sg-en/239783/chinese-private-banking-clients/ The boom in demand for China coverage bankers is spreading from Hong Kong to Singapore. ( read original story ...)