News

Chart of the day: Nearly 9 in 10 say GST hike will have the greatest impact on them

Almost half are worried, whilst 46% are stressed about the goods and services tax.

Market update: STI up 0.14%

CityDev was seen with the most growth.

EMA, retailers work to offer more fixed-price plans for businesses

The price plans range from a duration of six months to three years.

J21 Imports owner fined $5.63m for tax evasion on 464 motor vehicles

The 464 motor vehicles were covered between June and November 2016.

DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021

His cash bonus jumped 51% in 2021 compared to the previous year.

SIA to operate 5 Boeing 777 freighter planes in partnership with DHL

The first Boeing is set to be delivered by July 2022.

Chart of the Day: 2021, a horror for household incomes

Average household income for private residential property owners declined 6% last year.

What social media platform do Singaporeans use the most

This platform saw a 1.18% growth in engagement rate in 2021.

Top Glove’s net profit declines 97% YoY in Q2 2022

The softer financial performance was due to normalising average selling prices.

UOB to issue $2.25b covered bonds

The bonds are part of the Global Covered Bond Programme.

SMEs confident in weathering GST hike and global interest rate

DBS announced these findings after the release of the Singapore Budget 2022.

Cash is the best investment in 2022 for 33% of Singaporeans

This is because cash is seen as a safe investment amidst the uncertainty in the market.

MPA's 7 focus areas in its decarbonisation blueprint

An additional $300m of funds were also allocated by the MPA.

Weathering the ‘perfect long storm’: How countries can address the world’s 5 fragilities

Amongst these challenges include the consequences of the Russia-Ukraine war.