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