Economy
Consumption tax hike to 8% all geared up in Japan
Consumption tax hike to 8% all geared up in Japan
From the current 5%, the tax will gradually climb to 8% in April 2014, then 10% by October 2015.
Daily Briefing: Anti-theft smartphone apps, preschool education survey
Here are the stories from around the web that Singaporeans are talking about including findings that show fewer hospital admissions for heart failure...
Chart of the Day: Electronic NODX up 2.2% in 2Q
Thanks to higher domestic exports of ICs, telecommunications equipment, and disk drives.
CPF interest rate kept at 2.5% minimum
Ordinary account savings will continue receiving the risk-free rate until end-2012.
Taiwan inflation to edge up to 2.1% in 2013
Blame it on administrative price increases on electricity and fuel.
Bank of Korea to further cut policy rate to 2.75%
Nomura expects a 25bp cut in October that will remain on hold throughout 2013.
Philippine inflation to rocket to 5.4% by end 2012
This rise will reflect the country's pending electricity tariff adjustments.
Malaysia to stand pat on policy rates
Bank Negara Malaysia is likely to hold on to its 3% rate amid inflation drop.
Chart of the Day: NODX up 3.9% in 2Q
Thanks to higher shipments of both electronic and non-electronic NODX.
Philippines' nasty weather to push inflation up 3.5%
Around PHP 693m worth of rice crops have already been lost.
Asia's ultra rich men willing to give away 9% of their wealth for charity
Donations from people with more than $100M rose by 10% in 2011, with giving increasing most in North America and Asia Pacific.
Singapore world's 5th favorite second home location for ultra rich
Assuming a luxury home buyer has US$20M to spend, where should they start looking beside Singapore?
Daily Briefing: SMRT's new CEO, crime rate down
Here are the stories from around the web that Singaporeans are talking about including concerns about starting a family.
Chart of the Day: Total trade reaches S$252b
Total exports and total imports grew by 1.4% and 4.6% respectively.
Bicycle and dwelling thefts on the rise
3.3% increase a blemish in what was otherwise a solid crimefighting 1H12.
Public procurement rules overhauled to discourage fraud
New system will discourage single bids and lengthen bid submissions.
Inflation to creep up to 5.2% in Indonesia
Blame it on food price hikes starting in mid-Q3 due to Ramadan.
Read Here
Advertise
Sign Up
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform