Economy
Singapore's January CPI inflation hits 2- year high
Singapore's January CPI inflation hits 2- year high
Singapore consumer price index in January rose by 5.5 percent year on year. It is the highest in more than two years. The inflation rate was also...
MAS needs to step it up to contain core inflation: HSBC
Underlying demand-led pressures will join up with rising commodity prices to keep inflation readings on the high end for a while.
Cost of transport drove inflation to surge 5.5% year-on-year in January 2011
Higher costs of transport, housing and food also pushed inflation to rise 1.6% over December 2010.
Inflation seen to hit 6% in Q1 2011
The possible further monetary tightening by the MAS in April is seen to be favorable, OCBC said.
Inflation may have reached 4.3% in January 2011: DBS
After the recent upward revision by the MAS in its inflation forecast to 3.0-4.0%, all eyes will be on the inflation reading due today.
Rising labour costs may heighten inflation: DBS
Inflation expectation could be a concern when workers demand for higher wages to cope with the rising inflation.
Time for more productivity as budget aims to increase wages: Ernst & Young
Singapore needs to gear up for more productivity-driven growth, argues E&Y.
Budget 2011 takes Singapore a step closer to becoming a global Asia hub: KPMG
Up to $400,000 of business spending on each qualifying activity qualifies for a maximum tax deduction of $1,600,000 or $272,000 of tax savings per...
A Budget with something for everyone:PwC
The spectre of inflation – possibly reaching 4% this year – and an economy bouncing along very nicely meant that there was no need to pump prime...
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.
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