Singapore Budget

SMEs confident in weathering GST hike and global interest rate

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

SMEs confident in weathering GST hike and global interest rate

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

Chart of the day: Budget deficit to hit $3b in FY22

This is on the back of an expected increase in total expenditures and operating expenses.

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

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

Which segment will take the blow from the property tax hike?

The hike will come into effect in 2023.

How will the 2022 budget benefit Singapore's position as Asia's carbon trading hub?

The $45/ton CO2e carbon tax rate will be above the current global median.

Chart of the day: How does Singapore compare globally with carbon tax rates?

OCBC says the newly-announced carbon tax rates are 'for the better.'

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

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

8 support measures for businesses outlined in the 2022 budget

The measures focus on three objectives.

Gov't extends support package for aviation's digital transformation

The package is likely to include cost relief and salary support measures.

How will the property tax hike affect the residential market?

As outlined in the 2022 Budget, property tax will increase in 2024.

Chart of the Day: Rate of Singapore GST hike over the years

The hike implementation originally scheduled in 2022 was moved to 2023.

What do the Big Four have to say about the Singapore Budget 2022?

Businesses were urged to plan ahead as GST rate hike gets delayed.

Singapore Budget 2022: GST hike delayed, carbon tax raised

Singapore's national budget will be delivered by Finance Minister Lawrence Wong today.

Going green in Singapore - what can businesses expect from the changes in carbon tax policy?

The global climate crisis is worsening and Singapore, a low-lying city state, is particularly at risk.

Budget 2022 unlikely to deviate from last year: OCBC

The total expenditure in 2021 was estimated at $102.3b or 20.2% of GDP.

SG Budget 2022 to focus on strengthening post-pandemic economy

Minister Lawrence Wong also acknowledged the difficulties faced by sectors.

UOB projects Budget 2021 deficit at $5.8b

The value is 1.1% of Singapore's GDP.