Economy

Unclear if higher tax revenue growth trend will continue: MOF

The tax revenue growth complies with SG’s economy, the Ministry of Finance said.

Singapore companies embrace pay transparency

Indeed senior economist discusses increased adoption of pay transparency in Singapore to attract and retain top-calibre talent.

Flexspaces crucial to Singapore’s thriving hybrid work culture

IWG Singapore Country Manager Darren Rogers said workplace strategy is critical for businesses to overcome rising rental costs and retain talent.

Recalibration, not retreat: Decline in tech firms’ office uptake in Singapore explained

As Singapore’s tech sector adjusts office space as a cost-cutting measure, experts predict gradual rebound in demand.

How businesses in Singapore thrive in the digital era

Director of Singapore Kath Lau discusses key trends shaping the future of business in Singapore and the role of digital transformation in driving growth.

Knowledge gap, lack of action behind failure to follow accounting standards: ACRA

There were 23 non-compliance cases in 12 financial statements reviewed.

Lower, middle-income residents to receive GST, CDC vouchers in early 2023

About 950,000 HDB flats residents will get vouchers in January and February 2023.

Gov't to shift towards medium-term challenges with budget 2022: Fitch

The budget also confirms the substantial progress towards fiscal consolidation in FY21.

Singapore economy to retain outlook despite GST rate hike: Moody's

Moody’s Analytics expects the economy to grow by 4.6% in 2022.

StanChart forecasts GDP growth to ease 4.1% in 2022

This is given the unfavourable base effect and the moderation of global growth and trade levels.

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

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

STI bounces back 14% as economy expands in 2021

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

Singapore household spending expected to grow by 3.1% in 2022

This would mean a total of $148.4b household spending.

Singapore records 2.5% increase in consumer prices

The transport expenditure saw the highest increase at 9.6% YoY.

Government should remain flexible if recovery loses momentum: AMRO

The Singapore economy expects a strong rebound but the outlook still remains uncertain.