Economy
Business receipts of service industries rise 4.8% YoY in 4Q23
Business receipts of service industries rise 4.8% YoY in 4Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
Winners of Singapore budget 2024: banks, tech, renewables
Players in consumer staples and manufacturing cheer as well.
Why Singapore saw softer inflation in January despite GST hike
In January, consumer prices eased to 2.9% YoY.
Inflation eases to 2.9% YoY in January
In December 2023, headline inflation rose 3.7% YoY.
Budget 2024 propels Singapore's investment-focused growth
Budget 2024 saw an “investment tilt” towards promoting green, human, and infrastructure investments.
Domestic wholesale trade sales down 3.5% in Q4
Petroleum sales and transport equipment sales logged double-digit decreases.
Manufacturing-related stocks kick off 2024 with $22m in net institutional inflows
Six stocks post net inflow for every five that booked net outflow.
Ballot papers and documents en route for destruction on 2 March
Candidates or their representatives are invited to witness the destruction process.
Singapore to stay attractive with refundable tax credit scheme, says KPMG
Cash payouts provide firms with greater flexibility to grow their businesses.
Government to launch refundable investment credit
This will shoulder up to 50% of qualifying expenditures.
The Big 4’s Budget 2024 wishlist: Did Singapore deliver?
Deloitte, EY, KPMG, and PwC shared their reactions.
Budget 2024: Singapore to issue 50% personal income tax rebate
The rebate is capped at $200.
Singapore to launch $3.5b Age Well SG programme
DPM Wong said will support the expansion of active ageing centres.
Singapore unveils rent voucher for families awaiting BTO flat completion
The 1-year voucher is expected to enable them to temporarily rent an HDB flat.
Singapore raises local qualifying salary to $1,600
The hourly rate has also been increased to $10.50 per hour, says DPM Wong.
Singapore provides $1.3b to support local companies
These include a $2,000 cash payout and a 50% income tax rebate of up to $40,000.
HDB households to receive 2.25 times higher rebates for 2024: Wong
They will get $950 dollars to cover utility bills.
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