The much-awaited Singapore budget for 2018 was announced on Monday. First off, Singapore reported a budget surplus of $9.61 billion last year. This makes up 2.1% of Singapore’s gross domestic product and is also the highest sum in 30 years. It also ... ( read original story ...)
Singapore’s migrant workers struggle to get paid
Singapore (CNN)It's a bustle of activity in the drop-in center. Men line up to sign their names in a book and claim tokens for a free meal, redeemable at cheap restaurants in Singapore's Little India district. They're all migrants without jobs in the city ... ( read original story ...)
All have part to play in fighting fake news
The proliferation of fake news has to be fought by newsmakers being more proactive in communication, good journalism and smart citizens. This was the view of Straits Times editor and Singapore Press Holdings' editor-in-chief for its English/ Malay/Tamil ... ( read original story ...)
Singapore hosts record 1.27 million Indian travellers in 2017
MUMBAI: For the third time in a row, Singapore has registered record arrivals from India with 1.27 travellers visiting the country last year. Over 1.1 million Indian travellers went to Singapore in 2016. Visitor arrivals from India into Singapore has ... ( read original story ...)
Singapore-flagged tanker attacked off Somalia but escapes
An international anti-piracy force says a Singapore-flagged chemical tanker has exchanged fire with attackers off the coast of Somalia before escaping unharmed. The European Union anti-piracy force says in a statement that the MT Leopard Sun was attacked ... ( read original story ...)
Singapore school test papers stolen in transit to British examiner
SINGAPORE: More than 200 students in Singapore had part of their British-administered school leaving exam paper stolen when they were sent to be marked in Britain, the Singapore exam board said on Friday. A parcel containing 238 scripts of the 2017 GCE A-L ... ( read original story ...)
Singapore Budget 2018: How ‘Netflix Tax’ would work and what would be affected
In two years, Singapore will require digital purchases, which are now exempt, to be subject to the goods and services tax (GST). Finance Minister Heng Swee Keat announced the move on Monday when he unveiled Budget 2018. The Inland Revenue Authority of ... ( read original story ...)
Singapore is the 6th least corrupt country in the world
New Zealand topped the list with 89 points, five points higher than Singapore. Transparency International’s (TI) Corruptions Perceptions Index ranked Singapore as the sixth least corrupt country in the world in 2017. The index scores and ranks countries ... ( read original story ...)
Singapore property recovery unlikely to be derailed by higher tax – industry head
SINGAPORE (Reuters) - Singapore’s decision to increase stamp duty on expensive home purchases is unlikely to derail a recovery in the city-state’s housing market, with modest price gains still expected this year, the head of a property developers ... ( read original story ...)
No caning for River Ryan man facing extradition to Singapore
A River Ryan man accused of robbing a bank in Singapore will face an extradition hearing in Magistrates’ Court in London, July 23-24. David James Roach made an appearance in court via video link from a London prison on Thursday and was remanded back in ... ( read original story ...)
What Singapore And Germany Can Teach The U.S. About Fiscal Policy
The U.S.—with a projected 2018 federal budget deficit of 4 percent of Gross Domestic Product and an economy running at close to full employment—just cut taxes by $1.5 trillion over 10 years, even as it increased net spending by $300 billion over just ... ( read original story ...)
Singapore insurance platform to spearhead pilot program to develop entire new insurance eco system
Using blockchain and smart contracts for a more accessible, more efficient and more transparent way of buying and managing insurance SINGAPORE, Feb. 23, 2018 /PRNewswire/ -- Insurance Market, Singapore's first fully online and automated insurance platform ... ( read original story ...)
Singapore Isn’t the Only Asian Country With the World’s Most Powerful Passport
Passport Index, an organization that ranks nations based on their travel freedoms as well as visa requirements, had declared that both Singapore and South Korea will share the #1 spot for the world’s most powerful passports on Tuesday. The top three ... ( read original story ...)
How to Travel Singapore Like a Local
All my travelling experience brought me to a single realisation. The best way to travel is to travel like a local because they know their place best. What to eat, where to play and how to get from one place from another. No disrespect to any travel ... ( read original story ...)
Singapore’s Restaurants Take A Stand Against Shark Fin Consumption
Shark fin soup has been a tradition at Chinese festive celebrations and wedding banquets, but growing demand of shark fin soup is pushing sharks to extinction and disrupting the balance of our oceans. Without sharks, the entire ocean ecosystem could be ... ( read original story ...)
Singapore Shares May Rebound On Friday
The Singapore stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had collected more than 85 points or 2.4 percent. The Straits Times Index now rests just beneath the 3,490-point plateau ... ( read original story ...)