Economy

Businesses to enjoy tax savings one year in advance

Businesses to enjoy tax savings one year in advance

Minister for Finance Tharman Shanmugaratnam decided to allow tax deferrals that will allow businesses to obtain cash in the same year as their...

MAS needs to stretch and flex: Morgan Stanley

The bank warns that accommodation inflation will accelerate in 2011.

Services sector business receipts jumped 5.2% in 4Q 2010

Business receipts improved 9.8% y-o-y in the fourth quarter of last year.

Spike in crude prices may slow economic growth in Singapore

The other big issue about oil, apart from the risk of inflation, is its potential impact on growth.

Inflation forecast at 4.2% for 2011: DBS

The January inflation reading has raised the underlying trajectory for DBS' inflation forecast, up from 3.2 percent.

Full-year 2011 inflation may reach 3.8%: OCBC

Inflation forecast has been notched higher by 0.1% point due to the higher-than-expected January CPI print.

No need for alarm despite 1.6% month-on-month increase in January 2011 inflation: OCBC

Even though the January CPI print was above the market expectations of 4.4% y-o-y, OCBC states four reasons why Singaporeans should not be alarmed.

Singapore's January CPI inflation hits 2- year high

Singapore consumer price index in January rose by 5.5 percent year on year. It is the highest in more than two years. The inflation rate was also...

MAS needs to step it up to contain core inflation: HSBC

Underlying demand-led pressures will join up with rising commodity prices to keep inflation readings on the high end for a while.

Cost of transport drove inflation to surge 5.5% year-on-year in January 2011

Higher costs of transport, housing and food also pushed inflation to rise 1.6% over December 2010.

Inflation seen to hit 6% in Q1 2011

The possible further monetary tightening by the MAS in April is seen to be favorable, OCBC said.

Inflation may have reached 4.3% in January 2011: DBS

After the recent upward revision by the MAS in its inflation forecast to 3.0-4.0%, all eyes will be on the inflation reading due today.

Rising labour costs may heighten inflation: DBS

Inflation expectation could be a concern when workers demand for higher wages to cope with the rising inflation.

Time for more productivity as budget aims to increase wages: Ernst & Young

Singapore needs to gear up for more productivity-driven growth, argues E&Y.

Budget 2011 takes Singapore a step closer to becoming a global Asia hub: KPMG

Up to $400,000 of business spending on each qualifying activity qualifies for a maximum tax deduction of $1,600,000 or $272,000 of tax savings per...

A Budget with something for everyone:PwC

The spectre of inflation – possibly reaching 4% this year – and an economy bouncing along very nicely meant that there was no need to pump prime...

Singapore to break free from reliance on foreign workers:KPMG

The proposed increase in foreign worker levies shows how the government wants to do away with the reliance on foreign workers and push productivity...