Economy

Singapore's Q4 2009 redundancy figures fall to pre-recession levels

Resilience package, concerted efforts by different sectors saved jobs though re-employment still lower than in 2008.

Singapore's Q4 2009 redundancy figures fall to pre-recession levels

Resilience package, concerted efforts by different sectors saved jobs though re-employment still lower than in 2008.

MTI upgrades Singapore's 2010 growth forecast to 7%-9%

Manufacturing sector’s 139% expansion paved the way to increase GDP growth forecast from earlier 6.5%-7.5% estimate.

Number of services sector establishments up 6.8%

SingStat has released data in The Services Sector report as part of the Economic Survey Series, including the 11.1% rise in Total operating receipts...

Singapore's indirect tax rate still among region's lowest

7% rate remains low despite global trend making goods and services tax key government revenue source.

Working parents hit by inflation with higher childcare costs

SingStat reveals higher fees at commercial institutions, playgroups and childcare centres were responsible for the increase of 2.2 percent in the...

Paula Eastwood: What a year we have had!

Globally we have seen financial institutions teetering on the brink of collapse, global brand names erased from the highstreet ….along with the...

Non-oil re-exports fell 5.4% in February

The drop, attributed to a decline in both electronic and non-electronic NORX, reversed the 7.4 percent rise in the previous month.

Singaporeans: who are are you?

The Census of Population 2010 starts today, the fifth census conducted since Singapore’s independence.

First round of negotiations on Free Trade Agreement complete

Singapore and the European Union had constructive discussions during the first round of negotiations on the EU-Singapore Free Trade Agreement.

MAS survey says economy may expand 6.5% in 2010

Surveyed economists also predict a 9.7 percent increase in manufacturing after a 4.1 percent drop in 2009.

Registers of Electors open for public inspection

Singapore citizens have until 8 March 2010 to check their names and make claims or objections if necessary.

Opinions on Budget 2010: Corporate Tax

As Singapore shifts its focus from achieving mere industrialisation to becoming a world class economy in the next decade, tax measures which encourage...

Opinions on Budget 2010: Financial Services Sector

Given Singapore’s desire to become an international financial centre, the lack of significant new incentives to grow the industry was surprising.

Opinions on Budget 2010: Personal Tax

By and large, Budget 2010 contained nothing very significant for individual taxpayers.

Opinions on Budget 2010: Property Sector

The Minister mentioned that property tax is a means of redistribution in our society, together with our income tax regime.

Opinions on Budget 2010: Marine Sector

Singapore has long put in place favourable tax incentives targeted at traditional shipping businesses. As part of the Government’s continuing efforts...

Opinions on Budget 2010: Deferring Import GST

Currently, 7 percent Goods and Services Tax (GST) is payable on all importation of goods into Singapore at the time of import. The exception is when...