Singapore to impose tax on digital services from 2020

Following Budget 2018, Singapore finance minister Heng Swee Keat has revealed that goods and services tax (GST) will be implemented for digital services from overseas suppliers from 1 January 2020. "We do not expect either to occur every year; it is not a ... ( read original story ...)

Singapore Budget 2018: Lowering infrastructure financing costs

This will help lower financing costs while ensuring Singapore does not draw directly on its reserves to fund major spending, Finance Minister Heng Swee Keat said. Statutory boards and government-owned companies are already using bonds to finance ... ( read original story ...)

Singapore Boosts Taxes for Revenue

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 ...)

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 ...)