Economy

Axe the gap with tax: Will the GST Amendment Bill level the playing field for local business?

Under the bill, goods worth $400 or less imported by air or post will be subject to GST.

SGD interest rates see downward trend across the board

This is according to interest rate forecasts from OCBC. 

Deloitte recommends tax measures for dynamic business landscape

This is one of the company's recommendations for Singapore Budget 2022.

PwC Singapore 2022 budget proposals to push for clean environment

The growth of the country’s economy and society were also targeted.

Economy to grow by 4.1%: Standard Chartered

The retail, real estate, and admin support sectors are expected to recover.

Jobless in November hit 76,000

But this number shows a decrease compared to the previous month, MOM claims.

Modest growth in retail sales to continue in Q1: RHB

Retail sales in November 2021 jumped 1.9% year-on-year.

17% of local COVID-19 cases are Omicron: Health Minister Ong

Given the latest data, Ong said an Omicron wave will be “imminent.”

Singapore’s 5.9% Q4 GDP a sign of optimism for 2022: UOB

Maybank and OCBC also echoed this outlook for the upcoming year.

Here are Singapore-China's new initiatives to bolster financial connectivity

One of the initiatives is SGX-Shenzhen Stock Exchange's ETF Product Link.

STI bounces back 14% as economy expands in 2021

2021 STI leaders were Yangzijiang Shipbuilding, DBS Group Holdings, and Hongkong Land.

Engineering the future: Rocket Academy’s push for upskilling software skills

This is to address the ongoing demand for software engineering in Singapore.

950,000 HDB households to get GST Voucher - U-Save rebates

This is part of the $900m Household Support Package for Budget 2021. 

GDP up 5.9% YoY in Q4

Overall, GDP increased 7.2% in 2021.