Economy
Government to spend $560mn to aid SMEs
Government to spend $560mn to aid SMEs
One of measures the government will provide for SMEs is the 20% corporate income tax rebate.
Government to give out $6.6bn to Singaporeans
To help mitigate rising costs for lower-income households, the average Singaporean household will receive about $3,000.
Foreign worker levy for construction sector to be raised by $200
Average levy per foreign worker will be further raised by $60 for the Manufacturing sector and $180 for the Services sector.
CPF contribution rate will increase to 36% in 2011
Employer CPF contribution rate will be raised by 0.5 percentage points.
Something for everyone in Singapore Budget 2011: Ernst & Young
Lower income families, middle income earners and SME Businesses biggest winners in this year's budget.
Government to spend $520m for businesses to enjoy lower tax
Singapore businesses will be allowed to deduct 400% of their expenditures from their taxable income.
Singapore economy will expand 5% in 2011:OCBC
The IR-tourism sector, healthy FDI and generous FY2011 budget may push the economic growth on the higher end of the official 4 to 6 % forecast.
Exports fell 2.2% in January m-o-m, but still up 20% for the whole year
The better-than-expected y-o-y growth was led by electronics and pharmaceuticals.
Singapore economy will grow 5.2%:HSBC
Financial services will be the main driver for growth in 2011.
Government warns inflation could rise up to 6 % in 1H 2011
Singapore economy is facing a tighter labour market and inflationary concerns that may prompt further monetary tightening.
Government forecasts economy could grow 4 to 6% in 2011
But the Ministrry of Trade and Industry warns several downside risks remain..
Singapore economy blew the gates off with 12% growth in last quarter of 2010
But construction slowed dramatically, falling 2 % having grown 6.7 % in the previous quarter.
Singapore economy surged 14.5% in 2010
The expansion was driven by the manufacturing sector which rebounded by 29.7 per cent in 2010.
Privately held businesses eye M&A for strategic growth
A survey said proportion of respondents anticipating making an acquisition in the next three years increased to 29% this year, up 8%.
Government may unveil $7.5bn worth of special transfers
The amount is the highest since at least FY2004, beating FY2008's $7.4 billion.
Singapore households headed to a 'golden age'
Between 2000 and 2010, there was a rise in the proportion of resident households with elderly members aged 65 years and over.
Median monthly income from work rose 2.8% in 2010
The Gini coefficient rose slightly from 0.471 in 2009 to 0.472 in 2010 including employer CPF contributions.
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