Economy
Internal environment trumps openness policies in global connectivity
Singapore, the world’s most globally connected nation, leads in international flows linked to domestic activities, as per DHL report.
Mandatory reporting takes spotlight in Singapore’s new climate disclosure rules
Regulator encourages businesses to create transition plans.
Expert points to ‘payback effect’ as cause of weaker NODX in February
In February, NODX slipped by 0.1% YoY.
NODX to expand by 6.0% in 2024
Economists said base effects will drive recovery in NODX.
Non-oil domestic exports slip by 0.1% YoY in February
Month-on-month, NODX declined by 4.8%.
Singapore eyes carbon tax ramp up to $80 by 2030
The government is raising the crabon tax to $25 per tonne this year.
Digital ad spend reaches $2.34b in 2023
Singapore presents a highly-engaged digital audience.
Singapore vows global cooperation to combat fraud
Scams, ransomware, and money laundering were identified as the primary concerns regarding fraud.
'Tighter' financial conditions to weigh on Singapore's lending market: MAS
Risks include high inflation, geopolitical tensions, and spillovers from China's economic situation and global real estate market strains.
Economy forecasted to grow by 2.4% in 2024: MAS survey
The city-state demonstrated resilience by expanding by 2.2% year-on-year in the fourth quarter of 2023.
Singapore takes crown as world’s most globalised country
It bested 180 markets.
MOF proposes $100,000 fines for non-compliant CSPs
Penalties for breaches of obligations related to various registers will be increased.
Local business sentiment at its most optimistic since 2023: study
Businesses are more optimistic about the sales volumes and their net profits for the quarter.
Singapore simplifies tax filing for commission agents, delivery workers
Over 100,000 commission agents will benefit from this simplified process.
The Inland Revenue Authority of Singapore (IRAS) is simplifying the tax...
PM Lee to visit Melbourne, Australia for leaders' meeting, special summit
He will be in Australia from 4 March to 6 March.
Budget wrap-up: Wong says gov’t balances temporary reliefs, structural schemes
State social spending has quadrupled over the last 20 years.
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