Economy

Netflix and bill: the GST on digital services to hit consumers

Customers to be hit in the hip pocket as digital services like Uber and Spotify will be taxed from 2020.

Netflix and bill: the GST on digital services to hit consumers

Customers to be hit in the hip pocket as digital services like Uber and Spotify will be taxed from 2020.

Everything you need to know about the Big 4's reactions to Budget 2018

Find out what EY, Deloitte, KPMG, and PwC have to say about the Budget.

Chart of the Day: GDP growth slumps to 3.6% in Q4

No thanks to a lacklustre +4.2% growth in exports.

Singapore Budget 2018: GST to rise to 9% and a packet of smokes up 10%

The 2017 budget surplus beat forecasts at $9.6b, a 10% hike in tobacco excise duties will be implemented, and a one-off bonus worth $700m has been...

Chart of the day: See how tax rates have changed since 1986

The CIT has been falling whilst the GST has been rising.

Singapore government must cut costs in budget 2018

With 2017 expenditure forecast to be 1% over budget, now is the time to reduce spending, says UOB.

Chart of the Day: See how government revenue grew in five years

Revenue is expected to have grown to $71.6b in 2017.

Japan's GDP grew 1.6% in 2017

This was driven by strong domestic demand.

Singapore is the second "least miserable" country in the world

Thailand beat Singapore by 0.9 point in Bloomberg's Misery Index.

Chart of the Day: Government spending dipped by 2% to $53.7b in 2017

Operating expenses rose by 7% due to social spending.

Analysts cautiously raise GDP growth forecast for 2018

This is after Singapore GDP growth slowed down to 3.6% in Q4.

Malaysia GDP rose 5.9% in 2017

This was highly driven by private sector demands.

Oil trade heats up amidst price hikes

Its 36% growth reversed the 18% decline in 2016.

MTI expects economic growth to slow down this year

GDP growth forecast is set at 1.5 to 3.5%.

Singapore's economy jumps by 3.6% in 2017

Goods producing industries push the growth with 5.7% increase.

Singapore's services trade made $463.3b in 2017

Transport services boosted services exports.