Economy
Singapore raises corporate tax rebate to 50%, expands energy grant
Singapore raises corporate tax rebate to 50%, expands energy grant
Enhanced tax benefits will be disbursed as early as the end of April.
Oil supply secured, but prolonged high costs loom: Shanmugam
Fuel prices are likely to remain high amidst damaged Middle East infrastructure.
US removes ‘inaccurate’ $34.3b trade surplus claim against Singapore
The MTI clarified that the US runs a trade surplus.
Singapore cannot guard completely against Mideast conflict: DPM Gan
Inflation is now expected to exceed original projections of 1% to 2%.
Singapore VC funding rebounds to $229m in March
Tracxn data shows volatile funding trends over the past year, with January hitting $2.1b.
Energy ffficiency index falls to 49, signalling gains despite higher emissions
Emissions climbed to 616 million tonnes in 2021 from 440 million tonnes in 2000.
Parliament to assess energy costs, supply risks from Middle East conflict
Three ministers will deliver statements on the situation’s impact.
MAS expected to freeze policy as growth risks surge
It is scheduled to hold its second monetary policy meeting no later than 14 April.
Gov’t convenes crisis committee as Middle East conflict hits energy flows
Immediate efforts are focused on strengthening energy and supply chain resilience.
Services sector drive 70% of Singapore’s 2025 GDP
Finance and insurance followed with 14.0%.
Singapore, FIT allies act to protect supply chains from Hormuz closure
A joint statement pledges to keep ports open and coordinate to mitigate energy risks.
Large firms drive value as SMEs lead hiring
Employment is concentrated in smaller firms as value-added is concentrated in large firms.
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
The burden of verification is shifting to the enterprise.
Only 1% of firms exceed $100m as enterprises cluster below $1m revenue
Enterprise revenue distribution is heavily skewed towards smaller firms.
Singapore’s SMEs are embracing AI, cybersecurity must keep up.
The real winners are not the fastest adopters, but the organisations that secure their digital foundations first.
MTI and Temasek tap two managers for $1.5b Anchor Fund 2
This follows the launch of the first Anchor Fund tranche in 2022.
PM Wong points to ASEAN–China cooperation as global norms weaken
More flexible cooperation is key as broad multilateral agreements grow harder to reach.
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