Economy
3 ways Singapore can elevate its growth and competitiveness through taxation
Singapore’s BEPS adoption has spurred calls for tax reform in the 2024 budget.
3 ways Singapore can elevate its growth and competitiveness through taxation
Singapore’s BEPS adoption has spurred calls for tax reform in the 2024 budget.
Inflation edges up to 3.7% in December
In 2023, headline inflation averaged 4.8%.
KPMG urges Singapore to expand business perks to sustainability, AI, R&D
A Sustainability Credit Scheme was proposed to help firms with their ESG push.
US emerges as the top source economy of Singapore's portfolio investment liabilities
Singapore's portfolio investment liabilities were at $593b as of the end of June 2023.
Non-oil domestic exports may stabilise in 2024
In 2023, NODX contracted 13%.
Singapore’s non-oil domestic exports face bumpy recovery in H1: experts
Outlook for the second half looks rosy.
SMEs confident on growth prospects of businesses this year
Smaller firms are less upbeat following the great deal of challenges they faced in the past year.
KPMG highlights need for Singapore to cement its leadership role in the region
Digitalisation and sustainability key to gain a competitive edge
Non-oil domestic exports drop 1.5% YoY in December
Enterprise Singapore attributed the decline to a drop in electronics NODX.
Nearly half of Singaporeans expect inflation to decline: DBS, SMU survey
They cited the slowdown of global growth as the main driver for inflation to decline.
SG, Malaysia ink MoU on special economic zone
The countries will also work on seven more initiatives related to the economic zone.
KPMG and SBF outlines Budget 2024 wish list
Their first recommendation is to strengthen Singapore’s regional competitiveness.
McKinsey sees Singapore’s manufacturing constrained, services resilient
Advanced estimates showed GDP grew 1.2% in 2023.
Singapore seeks to mitigate rising sea levels, hotter temperatures
Amongst climate mitigation plans include reclaiming around 800 hectares of land.
Gov‘t rolls out 2024 CDC vouchers
This marks the fourth tranche of the CDC vouchers.
Focus sought for green transition, food security, workers’ needs in 2024 budget
A one-stop platform has been laid out to help accelerate companies’ sustainability goals.
Singapore’s NODX to push past official 2024 forecast, UOB
Base effects relied on for NODX recovery
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