News

Budget 2023: Gov’t has ‘right tools’ to manage GST increase

ADDX said the government’s tax hike will not be deferred.

Budget 2023: Gov’t has ‘right tools’ to manage GST increase

ADDX said the government’s tax hike will not be deferred.

Singapore holds first economic dialogue with Japan

The two countries engaged in talks about enhancing their bilateral economic cooperation.

SIA Group sees a 2.7% MoM decrease in passengers in January

On a year-on-year comparison, however, the passenger count increased fourfold.

Final public consultation on green and transition taxonomy launched

The GTIF is seeking views on the “Do No Significant Harm (DNSH)” criteria, amongst others.

New home sales soar 130.3% MoM in January

A total of 391 units were sold during the month.

What could support new home sales in 2023?

CBRE expects 7,500 to 8,000 units to be sold for the entire year.

Over 40,000 food service workers to receive wage increases

The baseline wage for full-time workers will increase to $2,080 in 2025.

Singtel’s net profit falls 28% to $532m YoY in Q3

The company’s operating revenue likewise fell, declining 5.1% YoY.

Shell, BP amongst Singapore’s most searched UK stocks—study

The study also revealed consumers’ strong interest in gas and oil companies. 

CPF measures for seniors to benefit about 112,000 members

More than 80,000 of the members will receive payouts in their coming birth month.

Budget 2023: Which sectors will be the hardest hit by the 2023 budget measures?

Real estate sector will be mildly hit whilst global firms may expect problems from corporate tax.

Daily Markets Briefing: STI declines 1.18%; Yangzijiang is most active stock

Yangzijiang Shipbuilding and Keppel Corporation were the only top stocks.

Chart of the Day: Vacancy rate for office CBD buildings up 0.4% in Q4 22

Grade AA buildings posted the highest increase in vacancy rate.

Singapore Furniture to ramp up support to businesses, employees

This came following Finance Minister Wong’s call for businesses to upgrade.

Growing demand for ESG-compliant offices expected in 2023: Savills

It will help offset impacts of economic woes on demand for office buildings.