Economy
How does the government plan to achieve a green economy?
How does the government plan to achieve a green economy?
The government seeks to develop new low-carbon solutions and decarbonise industries.
Gov’t to collect additional 0.7% of GDP per year with GST rate hike
GST will be increased to 8% in 2023 and 9% in 2024.
MOF to strengthen business ecosystem in 2 areas
These are the corporate government regime and efficiency of processes.
SG still the most liveable location for ex-pats: ECA
Amid lower scores, Singapore remained the top choice for East Asian ex-pats.
Development charge rates for commercial industry, residential raised
Real estate experts say these hikes were within expectation.
Bank, trade sanctions to counter peaceful settlement in Ukraine: Russia
The Russian Embassy posted its reaction to Singapore's sanctions on Facebook.
How the Russia-Ukraine conflict will affect the economy
The crisis has clouded SG’s economic outlook, according to Trade Minister Gan.
SG climbs to 7th rank in City Wealth Index
The city also overtook Hong Kong as the second top Asian city.
Crazy Rich Singaporeans: Ultra-wealthy population to almost triple by 2026
In 2021, the ultra-wealthy population saw an 8.6% increase to 4,206.
Singapore, Vietnam sign MOU to boost economic, trade ties
This includes managing business partnerships and deepening agri-trade cooperation.
Chart of the day: Service industry business receipts grew 15.4% YoY in 2021
The business receipts indices from 2019 to 2021 showed an upward trajectory.
Government to block certain Russian banks, financial transactions
It is also imposing export controls on items that can be used as weapons.
SG signs digital economy deal with UK
The agreement included cooperation on innovations like AI and fintech.
Financial services M&A deals reached $12.61b in 2021: KPMG
The deal value skyrocketed from $2.86b in 2020.
Inflation rises at fastest pace in nine years at 4%
The accelerating CPI was driven by higher food and oil prices.
Chart of the day: Budget deficit to hit $3b in FY22
This is on the back of an expected increase in total expenditures and operating expenses.
Market update: STI down 0.2%
Keppel DC Reit was seen with the most decline.
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