In Focus
Higher taxes loom for the next two years in Singapore
Higher taxes loom for the next two years in Singapore
Goods and Services Tax (GST) will rise by 2 ppt to cover primary deficit which is expected to hit $3.5b.
Singapore's 5.2% GDP growth is not sustainable: Morgan Stanley
The growth of pharmaceutical production, which supported the GDP, is considered lumpy and volatile.
Singapore's IPO proceeds hit record highs at $3.66b
They also topped Southeast Asia's leaderboard.
Rise of the chatbots: Here's how Singapore's big banks are adopting fintech
54% of fintechs have focused on banks.
Singapore malls could face retail apocalypse like US counterparts
But food and beverage stores are taking up more mall space.
Singapore property market hits rock bottom
Investment picked up 50% to $7.68b after a number of large deals.
Hong Kong beats Singapore in attracting expats
Perhaps not surprisingly, the Swiss Business school behind the survey, IMD, ranked Switzerland as the best place for expats.
Singapore airfares on popular travel routes fall 5% in 2017
Robust demand for air travel services kept airfares down.
Competition heats up as foreigners bid for a slice of Singapore's property pie
The average number of bids per tender has been on the rise since 2014.
Singapore bucks slow productivity trend
It ranked eighth globally in terms of its productivity drivers.
Singapore's land sales value hits six-year high at $13b
Total value of sold residential projects alone hit $6.34b, the highest in 10 years.
Singapore is the second most attractive country for IPOs
IPO activity could rise by as much as 30% in a year.
Mortgagee sales reach record highs in Q3
Sales value of sold mortgagee auctioned units spiked 743.7% YoY in Q3.
This weak spot kept Singapore from being the smartest city in the world
It trailed behind Copenhagen by 0.41 points.
Singapore banks to suffer from more energy-related NPLs in Q4
Oil and gas service exposures make up 2-3% of the banks' loans.
Fintech investment in Singapore hits $34.52m in Q3
The city-state is expected to focus on AI, blockchain, and regtech.
9 in 10 jobseekers to reject stale offers
They believe recruitment processes should only last at most four weeks.
Commentary
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Singapore’s global dispute fault lines
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