Singapore Budget 2018: Singapore unveils targeted budget for sustainable growth
SINGAPORE'S Finance Minister Heng Swee Keat unveiled on Monday an expansionary budget guided by the government's promise of 'vibrant and innovative' economic growth without leaving anyone behind...
Singapore Budget 2018: Singapore's net investment returns contribution stands at S$15.9b in FY2018
OVER the last 10 years, Singapore's net investment returns (NIR) contribution (NIRC) has more than doubled from S$7 billion in FY2009 to an estimated S$15.9 billion in FY2018...
Singapore Budget 2018: S$80m more per year to support family members to live with or near each other
SINGAPORE will spend an additional S$80 million per year to encourage family members to live with or near each other.
Singapore Budget 2018: Singapore to inject initial S$5b into new Rail Infrastructure Fund
SINGAPORE will inject an initial S$5 billion in FY2018 into a new Rail Infrastructure Fund, which will be set up to save up for major rail lines in the future.
Singapore Budget 2018: Spending needs to grow in healthcare, infrastructure, security and education
SINGAPORE will put aside some S$10.2 billion for healthcare expenditure, S$20 billion for infrastructure and S$12.8 billion for education this year, Finance Minister Heng Swee Keat said on Monday.
Singapore Budget 2018: 250% tax cut for donations made to IPC extended to end-2021
SINGAPORE will extend the 250 per cent tax cut for donations made to institutions of a public character (IPCs) for another three years until Dec 31, 2021, Finance Minister Heng Swee Keat said on Monday.
Singapore Budget 2018: Social and health related services for seniors to come under MOH
TO improve the delivery of services to seniors, Singapore will consolidate social and health related services for them under the Ministry of Health (MOH), Finance Minister Heng Swee Keat said on Monday.
Singapore Budget 2018: S$200m per year to increase support for education
SINGAPORE will spend close to S$200 million a year on schemes to increase support for education, Finance Minister Heng Swee Keat said on Monday.
Singapore Budget 2018: Singapore to slap carbon tax from 2019, to collect revenue of S$1b in first 5 years
SINGAPORE will proceed with the planned carbon tax from 2019 to encourage firms to further cut emissions, Finance Minister Heng Swee Keat said on Monday.
Singapore Budget 2018: New Infrastructure Office to be set up to tap Asia's growth
SINGAPORE will set up an Infrastructure Office to develop, finance and execute infrastructure projects, Finance Minister Heng Swee Keat said on Monday.
Singapore Budget 2018: Singapore to pilot Capability Transfer Programme
TO plug the gap in skills sets in certain important fields, the Singapore government will pilot the Capability Transfer Programme (CTP), Finance Minister Heng Swee Keat said in Parliament on Monday.
Singapore Budget 2018: Additional $145m for tech skills accelerator over next 3 years
SINGAPORE will put aside an additional S$145 million for the Tech Skills Accelerator (TeSA) over the next three years, Finance Minister Heng Swee Keat told parliament on Monday.
Singapore Budget 2018: Enterprise grants to be combined under Enterprise Development Grant
TO provide more holistic and cusomised support to local enterprises seeking to build deep capabilities, scale up, and internationalised, Spring Singapore's Capability Development Grant (CDG) and International Enterprise Singapore's Global Company Partnership (GCP) grant will be combined...
Singapore Budget 2018: Singapore to inject S$100m for NRF-Temasek IP Commercialisation Vehicle
TO support the commercialisation of intellectual property (IP) from publicly-funded research, the Singapore government will set aside S$50 million, alongside Temasek Holdings' investment of at least S$50 million, for the National Research Foundation (NRF)-Temasek IP commercialisation vehicle. ...
Singapore Budget 2018: Singapore to streamline productivity grant schemes, support firms to build own innovations
TO make it easier for businesses to access support to adopt technologies and productivity solutions, the government will streamline existing grant schemes that support pre-scoped, off-the-shelf productivity solutions into a new Productivity Solutions Grant (PSG).
Singapore Budget 2018: Foreign worker levy rates for marine shipyard, process sectors unchanged
THE planned Foreign Worker Levy hikes for the marine shipyard and process sectors will be deferred for another year, Singapore's Finance Minister Heng Swee Keat told parliament on Monday...
Singapore Budget 2018: Singapore to spend S$1.8b over next 3 years to extend Wage Credit Scheme
SINGAPORE will spend some S$1.8 billion over the next three years to extend the wage credit scheme (WCS), Finance Minister Heng Swee Keat said on Monday.
Singapore Budget 2018: Singapore must prepare for 3 major shifts - economy, technology, ageing
SINGAPORE must prepare for three major shifts in the coming decade, Finance Minister Heng Swee Keat told Parliament on Monday.
STI slips 12 points; focus on US inflation
INFLATION fears continue to linger, with sentiment fragile ahead of the release of two key inflation indicators in the US - the Consumer Price Index (CPI) on Wednesday and the Producer Price Index (PPI) on Thursday.
Singapore shares end a shade lower ahead of US CPI data
SINGAPORE shares ended a tad lower on Wednesday as traders await the release of a key US inflation data - the consumer price index (CPI) - later tonight.
Behind the human error that crashed NETS
"AN inadvertent human error during system maintenance" has been blamed for the nation-wide crash of the NETS system on Feb 2. ...
Calls to buy the dip cushion STI drop
SOME semblance of normalcy returned to the stock markets in Singapore and the region on Wednesday, as rattled investors recovered from that sinking feeling when the roller-coaster made its first sharp descend.
Singapore shares end off intraday highs, fall 22 points
SINGAPORE shares ended off their intraday highs, as investors adopted a wait-and-see stance after recent sell-offs.
Singapore-Malaysia stock link breaks new ground for Asean markets
INVESTORS in Singapore and Malaysia will have seamless trading access to the two neighbours' 1,600 public-listed companies, worth more than US$1.2 trillion, by the end of the year...