Singapore
High Court places Nutryfarm under judicial management
An official from Nexia TS Risk Advisory will serve as judicial manager.
High Court places Nutryfarm under judicial management
An official from Nexia TS Risk Advisory will serve as judicial manager.
NTUC Income to cover 54,000 students in expanded insurance cover scheme
The free insurance cover is available to eligible students from low-income families.
Residential site at Bukit Batok West Avenue 5 opens for sale: HDB
The site has about 495 residential units.
Asia Pacific travellers pick SG as their top travel destination
Travellers cite low COVID restrictions as a key factor for choosing Singapore.
Expert counters call for petrol tax holiday
The KPMG analyst said it’s necessary to retain petrol and diesel taxes.
An expert from KPMG countered calls for a petrol tax holiday amidst rising fuel costs.
Global minimum tax implementation likely to be delayed until 2024
The expected push back is amidst recent developments in Europe.
The implementation of the global minimum tax of 15% by 2023 might be delayed until 2024, according to an expert from KPMG.
KPMG Partner Mark Addy said the pushback will likely be due to the recent developments in Europe – hitting record inflation, the ongoing Russia-Ukraine conflict, and more.
Addy, however, said the implementation will not be delayed beyond 2024 given the very strong momentum for the global minimum tax.
Top 20 SGX-listed manufacturing stocks averaged 4% decline
The stocks posted a combined $200m in daily trading turnover.
Chart of the day: SG is 53rd most affordable major housing market
Singapore has a housing affordability median of 5.8, or severely unaffordable.
55% of Singaporeans say gov't is not doing enough to handle rising prices
Inflation is amongst the top concerns of Singaporeans today.
Market update: STI up 0.09%
Yangzijiang Shipbuilding is the highest gainer.
Linde, ST Telemedia, YTL to study hydrogen power use in Singapore
The hydrogen power is planned to be used in the country’s data centre ecosystem.
Nicomatic wins SBR International Business Award for Electronic Manufacturing
The company was recognised for its design and innovation to support company expansion.
Expert calls for sin tax increase to strengthen SG’s fiscal position
The last increase related to sin taxes was in 2018.
Why GST hike should push through despite rising goods prices
The country’s social expenditures are also going up exponentially, say experts.
UOB prices $400m perpetual capital securities
It will be issued under a $41.5b (US$30b) global medium term note programme.
Over 40,000 businesses benefit from $132m recovery grant
The grant stemmed from the budget 2022 and part of $500m jobs support aid.
SGX-listed Sinarmas Land Limited launches investment arm for startups
It will fund potential digital startups in Indonesia.
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