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The 20.9% growth for NODX is an encouraging sign for output growth.

Inflation expectation could be a concern when workers demand for higher wages to cope with the rising inflation.

But, the SGS bond is currently yielding only around 3.33 percent.

Rental growth in Singapore accelerated to 12.2% in the fourth quarter while rents in Beijing and Shanghai also continued to appreciate.

Integrated Resorts contributed largely to last year's tourism boom that brought S$7.9 billion in valued-added in the first nine months of 2010.

Singapore needs to gear up for more productivity-driven growth, argues E&Y.

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 activity.

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 anything.

To achieve 30% increase in productivity, companies need to devise competitive and cost effective health care, financial security, work/life balance, and other benefit programs.

47% of Singaporeans are uncertain about their financial capability to retire.

The proposed increase in foreign worker levies shows how the government wants to do away with the reliance on foreign workers and push productivity growth.

One of measures the government will provide for SMEs is the 20% corporate income tax rebate.

Average levy per foreign worker will be further raised by $60 for the Manufacturing sector and $180 for the Services sector.

Employer CPF contribution rate will be raised by 0.5 percentage points.

Singapore businesses will be allowed to deduct 400% of their expenditures from their taxable income.

Real estate investment volume in Singapore accounted for 31% of Asia's total volume for the last quarter of 2010.