Tag: stock market

And here are two REITs with exciting results this quarter. From Bloomberg Finance: Singapore’s tax increase on home purchases exceeding $1m (US$758,960) is aimed at making duties more equitable rather than imposing an additional property curb ... ( read original story ...)

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 ...)

On Monday, Singapore’s Finance Minister, Heng Swee Keat, delivered his much-awaited Budget statement. This year’s Budget was designed to be a “strategic and integrated plan to position Singapore for the future.” Within the plan are areas that could ... ( read original story ...)

Singapore has agreed not to cane a man accused of carrying out a rare bank robbery in the city state if Britain extradites him to face charges, officials said on Tuesday. David Roach, a Canadian citizen, is wanted in Singapore for allegedly stealing Sg$ ... ( read original story ...)

Aristotle For the past three years, I have had the privilege of watching the Singapore Budget while it’s being presented. This come as a perk/responsibility of writing at a finance website. And like all other writers covering the budget, I do my best to ... ( read original story ...)

SINGAPORE (Feb 19): The government is setting up a new Rail Infrastructure Fund to build major MRT lines in the future. It will inject an initial $5 billion in FY18 into the new fund. Finance Minister Heng Swee Keat said the initial injection of $5 billion ... ( read original story ...)

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 - 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 ...)

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 ...)

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 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 - 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 - 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 ...)

... 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: 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 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 ...)