Singapore Budget 2018

(Feb 22): Singapore’s government may have given the central bank a green light to charge ahead with monetary policy tightening this year.

SINGAPORE (Feb 21): An IDC study commissioned by Microsoft predicts that digital transformation will add about US$10 billion ($13.2 billion) to Singapore’s gross domestic product (GDP) figures by 2021 with an annual increase in GDP growth rate by 0.6%.

SINGAPORE (Feb 21): Singaporeans have dodged the bullet of higher consumption taxes, at least for the next three years. They should thank their new BFF -- the bond market.

(Feb 21): Singapore’s tax increase on home purchases exceeding $1 million is aimed at making duties more equitable rather than imposing an additional property curb, said S. Iswaran, minister of trade and industry.

SINGAPORE (Feb 20): RHB Research is upbeat on Singapore’s growth outlook and expects a positive “post-Budget” market reaction with a preference for exposure to the consumer, real estate, REITs and banking sectors.

SINGAPORE (Feb 20): Singapore said its sales tax will rise to 9% from 7%, but the change will only come "sometime" between 2021 and 2025, making it likely that the increase would kick in after the city-state's next general election.

(Feb 20): Singapore’s budget on Monday was all about boosting government revenue through higher taxes in order to pay for rising spending needs.

SINGAPORE (Feb 19): All Singaporeans aged 21 and above will receive a one-off “SG Bonus” of $100, $200, or $300, depending on their annual income, Finance Minister Heng Swee Keat announced at his 2018 Budget statement on Monday.

SINGAPORE (Feb 19): In the latest Budget 2018, Finance Minister Heng Swee Keat said that the government will be raising the top marginal buyer's stamp duty (BSD) rates for residential properties to 4% from 3%, and applied on the value of residential p

SINGAPORE (Feb 19): Singapore will raise its good and services tax (GST) by 2 percentage points to 9% sometime between 2021 and 2025, according to Finance Minister Heng Swee Keat in his 2018 Budget statement on Monday.