Economy
Why GST hike should push through despite rising goods prices
Why GST hike should push through despite rising goods prices
The country’s social expenditures are also going up exponentially, say experts.
Over 40,000 businesses benefit from $132m recovery grant
The grant stemmed from the budget 2022 and part of $500m jobs support aid.
How do adults plan to improve their financial standing
Nearly seven in 10 will cut inessential expenses, such as dining out.
Singapore backs Revised Kyoto Convention to standardise int'l trades
It is the flagship convention on the Customs process and trade facilitation.
MAS likely to tighten monetary policy anew in October after record-high inflation in May: analysts
Experts expert MAS to steepen the S$NEER gradient to 2%.
DPM Heng cites ‘three double helices’ as tailwinds of global FinTech
Swiss-Singapore collaboration is amongst the double helixes.
Core inflation hits a 14-year high of 3.6%
The increase was due to stronger inflation across all expenditure divisions.
MOF appoints new head of accounting and corporate regulatory authority board
Ong Chong Tee will assume his post on 1 July 2022.
Inflation picks up in May at 5.6%
It accelerated due to higher private transport, food, and services inflation.
Singapore vows to contribute $13.8m in World Bank’s health crisis fund
The fund will help countries prepare for future health crises.
Inflation prompts gov’t to provide $1.5b support package for vulnerable groups, businesses
Individuals and households will get a goods and services tax voucher (GSTV) of up to $300 cash.
Consumers expect inflation to continue for another full year
More than a third of Singaporeans expect price hikes to continue past 12 months.
Slightly lower employment growth in Q122
Total employment only grew by 42,000 which is 5,900 less from Q421.
Singapore is world's 3rd most competitive market
The country jumped two places from last year's ranking.
UK, Singapore sign 3 MOUs for cybersecurity, digital trade, digital identity verification
The deals will impact global supply chains and enhance cybersecurity.
SG, China ink MOUs on digital economy and green development
The agreements were signed on the sidelines of the WTO 12th Ministerial Conference.
UK-Singapore’s digital economy deal to promote safe e-payments, trusted data
The agreement will improve online consumer protection.
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