rebates

Earnings up thanks to rental waivers, rebates, government grants, wage subsidies, and lower employee benefits.

According to See Wei Hwa, director of tax at KPMG, the 100% property tax rebate for qualifying commercial properties will result in cashflow support of up to 1.2 months of rent for companies in industries adversely affected by Covid-19.

SINGAPORE (Nov 22): Singapore’s central bank said that revised industry guidelines will ask private banks to disclose rebates they receive from selling new bond issues to clients prior to each transaction.

SINGAPORE (June 24): Maybank Kim Eng is retaining its 2016 headline inflation forecast at –0.4% on the dissipating effect of lower global oil prices and Singapore’s Budget 2015 measures that included rebates, subsidies and reduction of levies.

SINGAPORE (June 23): Singapore’s Consumer Price Index-All items inflation has fallen year-on-year by 1.6% in May, which is slightly over three times more than the 0.5% decline reported the month before.