Economy
Singapore to break free from reliance on foreign workers:KPMG
The proposed increase in foreign worker levies shows how the government wants to do away with the reliance on foreign workers and push productivity...
Singapore to break free from reliance on foreign workers:KPMG
The proposed increase in foreign worker levies shows how the government wants to do away with the reliance on foreign workers and push productivity...
Government to spend $560mn to aid SMEs
One of measures the government will provide for SMEs is the 20% corporate income tax rebate.
Government to give out $6.6bn to Singaporeans
To help mitigate rising costs for lower-income households, the average Singaporean household will receive about $3,000.
Foreign worker levy for construction sector to be raised by $200
Average levy per foreign worker will be further raised by $60 for the Manufacturing sector and $180 for the Services sector.
CPF contribution rate will increase to 36% in 2011
Employer CPF contribution rate will be raised by 0.5 percentage points.
Something for everyone in Singapore Budget 2011: Ernst & Young
Lower income families, middle income earners and SME Businesses biggest winners in this year's budget.
Government to spend $520m for businesses to enjoy lower tax
Singapore businesses will be allowed to deduct 400% of their expenditures from their taxable income.
Singapore economy will expand 5% in 2011:OCBC
The IR-tourism sector, healthy FDI and generous FY2011 budget may push the economic growth on the higher end of the official 4 to 6 % forecast.
Exports fell 2.2% in January m-o-m, but still up 20% for the whole year
The better-than-expected y-o-y growth was led by electronics and pharmaceuticals.
Singapore economy will grow 5.2%:HSBC
Financial services will be the main driver for growth in 2011.
Government warns inflation could rise up to 6 % in 1H 2011
Singapore economy is facing a tighter labour market and inflationary concerns that may prompt further monetary tightening.
Government forecasts economy could grow 4 to 6% in 2011
But the Ministrry of Trade and Industry warns several downside risks remain..
Singapore economy blew the gates off with 12% growth in last quarter of 2010
But construction slowed dramatically, falling 2 % having grown 6.7 % in the previous quarter.
Singapore economy surged 14.5% in 2010
The expansion was driven by the manufacturing sector which rebounded by 29.7 per cent in 2010.
Privately held businesses eye M&A for strategic growth
A survey said proportion of respondents anticipating making an acquisition in the next three years increased to 29% this year, up 8%.
Government may unveil $7.5bn worth of special transfers
The amount is the highest since at least FY2004, beating FY2008's $7.4 billion.
Singapore households headed to a 'golden age'
Between 2000 and 2010, there was a rise in the proportion of resident households with elderly members aged 65 years and over.
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