Singapore
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.
Macau GDP moderates to 6.1% in Q3
Blame last year’s higher base of comparison.
JTC launches four industrial sites
Two are in the Confirmed List, whilst the two others are on the Reserve List.
Potential JV could arise from ComfortDelGro-Uber alliance
Uber previously merged with a Russian taxi provider to keep both businesses intact.
9 in 10 CIOs say staff are bored for over five hours a week
Half of them think workers don't feel challenged by their job.
Mobile wallets linked to credit cards jumped to 40%
This is despite security concerns amongst non-users.
Asia Pacific tax payment rate still below global average
The region takes the longest to claim a VAT refund.
Condo prices up 0.6% in October
Prices for central properties also rose.
Singapore nabs seventh spot in ease of paying taxes
It earned a score of 91.58 out of 100.
CapitaLand injects $14.4m into Shanghai real estate firm
It will raise the firm's capital from $6.1m to $20.5m.
Singapore loses its lustre as preferred IPO market
But it still beat Hong Kong in the funds that it raised.
Civil servants to receive year-end bonuses of at least $1,800
Around 1,490 lower wage civil servants will benefit from the minimum one-month bonus.
China Aviation Oil profits down 7.7% to $28.82m in Q3
Difficult trading conditions dragged earnings down.
IHH Healthcare profits down 53% to $26.86m in Q3
No thanks to startup losses of its Gleneagles Hong Kong Hospital.
Daily Markets Briefing: STI down 0.17%
Investors are urged to take caution today.
Daily Briefing: Why Singapore is losing its dominance in the dollar bond market; Old Chang Kee to give dividends this week
And here are three ways to look at Singapore's productivity.
Chart of the Day: Singapore loses to Thailand in number of IPO deals
From 2014 to 2017, 28,142 firms sought listings in Singapore, lower than 38,239 in Thailand.
Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?